U.S. Trade Stance Shifts from Fast-track to Smart-track

US trade legislation that is “smart-track” rather than “fast-track,” and reflects the apparel and footwear industries “as they are in this century – not as they were in the last one,” is how the Senate Finance Committee’s new chairman this week set out…

Suit Supply to Open First Shop-in-Shop with Stanley Korshak

Artist rendering of the Suit Supply shop-in-shop at the Men's Shak

Stanley Korshak, an independent specialty retailer in Dallas, has made a deal with Suit Supply, a modern single-branded tailored clothing retailer, to build their first shop-in-shop within the new Men’s Shak at Stanley Korshak, scheduled to open this summer. The Suit Supply shop, which will take up more than 900 of the new store’s estimated […]

Family Dollar to Close 370 Stores

Family Dollar

In a bid to identify opportunities to strengthen its value proposition and improve its financial performance, US discounter Family Dollar Stores has announced plans to cut jobs and close around 370 underperforming stores.
The retailer today (11 April),…

Karl Lagerfield Sees PVH Stake as Big Asset

pvh logo

Apparel giant PVH Corp has taken a minority shareholding in the parent company of the Karl Lagerfeld brand, reuniting the two companies.

Is the US Cotton Sector Losing Out to Synthetics?

Cotton’s share of the US clothing market has fallen following the sharp rise in cotton prices in 2012 – but the industry is fighting back.

Costs Hit Belk’s Earnings in Fiscal 2013

Belk

A lower margin rate and higher expenses hit earnings for privately-owned department store retailer Belk Inc in its last fiscal year.

Deckers Promotes Kalinich to Head E-commerce

Deckers Outdoor

Deckers Outdoor Corporation has promoted its vice president of consumer direct, John Kalinich, to head up the group’s omni-channel and e-commerce operations.

Joe’s Jeans “Pleased” with Narrower Q1 Loss

Joe's Jeans

Apparel business Joe’s Jeans is “pleased” after reporting a narrower year-on-year loss during the first quarter, thanks to a 61% hike in sales.

Abercrombie & Fitch Appoints Crevoiserat as CFO

Abercrombie & Fitch

US apparel retailer Abercrombie & Fitch has appointed Kohl’s EVP of finance, Joanne Crevoiserat, as its CEO.

Retail Import Volumes to Climb in April

Shipping Container

Import volumes at major US retail container ports are forecast to grow 6.1% in April as retailers stock up for what they expect to be a busy spring and summer.