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Market Buzz& Industry News

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Victoria's Secret UK placed into administration

06/05/2020

The UK business of lingerie, loungewear, and beauty products retailer Victoria's Secret has fallen into administration in a move that could potentially put some 800 jobs at risk.

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Gap Inc focused on refashioning for growth

06/05/2020

Management at US specialty apparel retailer Gap Inc says it is using the coronavirus pandemic to right-size the business and build it for the future - acknowledging there is plenty of work needed at the eponymous Gap brand.

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Egypt's clothing sector suffers but expects post-pandemic uplift

06/05/2020

Egypt's garment and textile manufacturing sector has been hit hard by the Covid-19 pandemic, even though factories have largely remained open.

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Timeline - How coronavirus is impacting the global apparel industry - FREE TO READ

03/16/2020

Since the coronavirus (Covid-19) outbreak began in China at the end of 2019, its impact has been felt across the global apparel and textile sector. just-style's timeline shows how the pandemic is evolving - and will be updated as developments unfold.

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Tonello technologies tap new need for garment disinfecting

06/05/2020

Finishing machinery maker Tonello has launched a range of technologies that can sanitise and disinfect garments and accessories, both during production and in the retail store.

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Fashion brands cut ties with Peru alpaca wool

06/05/2020

Fashion retailers including Esprit, Gap Inc and H&M Group are said to have cut ties with a leading alpaca farmer and fibre exporter in Peru following an undercover investigation by animal rights group PETA US.

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G-III Apparel to restructure retail segment amid Q1 loss

06/05/2020

Branded apparel and accessories maker G-III Apparel Group is to close all of its Wilsons Leather and GH Bass stores as it restructures its retail operations to try to reduce losses and position the segment as a profitable contributor to the business.

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JCPenney to shutter 154 stores in first wave of closures

06/05/2020

Bankrupt US retail giant JCPenney is to shutter 154 stores as it proceeds with plans to emerge as a smaller department store chain, with additional closures expected in the coming weeks. 

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Fashion industry efforts to address global PPE shortages - Update

03/27/2020

Cone Denim, Allied Feather & Down, and Fast Retailing are among the latest fashion firms to mobilise their production facilities and supply chains to help address the global shortage of personal protective equipment (PPE), including face masks and hospital gowns, amid the coronavirus (Covid-19) pandemic.

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US Q1 in brief - Zumiez, Caleres, The Cato Corporation

04/08/2020

In the latest first-quarter filings from US apparel and footwear brands and retailers, the impact of the global coronavirus pandemic and widespread store closures can be clearly seen. Sales at Zumiez were down by moe than a third, while those at Express more than halved. Elsewhere, Lands' End has widened its net loss, and Ross Stores has reported its first quarterly operating loss in more than ...

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Retailers begin to outline store reopening plans - Update

04/30/2020

Gap Inc, JCPenney, Caleres, and Adidas are among the latest apparel brands and retailers to outline reopening plans after stores and online operations were closed temporarily worldwide as part of efforts to help limit the spread of the coronavirus (Covid-19) outbreak.

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New Coats app for real-time yarn blend calculation

06/04/2020

Industrial thread maker Coats has developed a new app featuring a yarn blend calculator that accurately predicts, within seconds, fabric properties for end-use in the personal protection sector. 

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Top stories this week on just-style...

06/05/2020

Top stories this week on just-style include a look at how US clothing brands are exploring ways to make their supply chains faster and more nimble as a result of the coronavirus pandemic, and why supply chain funding is so important to the industry's recovery. Elsewhere, Adidas and Target Corp are among a number of US retailers to have closed stores in response to the civil unrest taking place ...

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Apparel supply chain financing is vital to aid recovery

05/26/2020

When a crisis such as the Covid-19 pandemic hits a supply chain as complex as that of clothing, financing problems can gum up commercial relationships - meaning governments, regional and international organisations all need to step in.

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Guatemala garment workers on the frontline of the pandemic

06/04/2020

Reports of a Covid-19 outbreak in a Guatemalan garment factory last week have sent shockwaves across the region, fuelling calls for tougher action to ensure garment workers are provided with sufficient personal protective equipment (PPE).

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China to overtake US as largest apparel market

06/04/2020

China is expected to overtake the US as the largest apparel market by 2023, according to industry experts. 

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Mauritius makers need technology revamp to recover from virus

06/04/2020

A government minister has urged the textile and apparel manufacturing industry in Mauritius to embrace advanced Industry 4.0 technology if it is to emerge from the Covid-19 pandemic successfully, after being brought to its knees by the outbreak.

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Adidas returns to sales growth in Greater China

06/04/2020

German sportswear giant Adidas says revenue has returned to growth earlier than expected in Greater China after stores were temporarily closed in an attempt to stem the spread of coronavirus and now expects second-quarter sales in the region to be around the prior-year level. 

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Sustainable cotton continues to gain ground

06/04/2020

Sustainably sourced cotton continues to gain greater market share in a move industry executives say must be furthered in light of disruptions such as climate change and the Covid-19 pandemic to mitigate risk and drive greater transparency across the apparel sector.

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Digital shoe design platform to cut time and cost

06/04/2020

4D ShoeTech is launching a digital shoe platform that will allow footwear designers and developers to ideate, prototype and showcase their design vision in 4D, without ever making a physical sample.

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