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Arthur Friedman

Amid Losses and Shifting Landscape, Ralph Lauren to Cut Department Store Count 25 Percent

Battling dramatic changes in the U.S. retail market, Ralph Lauren is slashing department store distribution.

Eastman Commits to Cutting Its Impact by 20 Percent Across the Board to Improve Sustainability

Specialty chemical and fiber giant Eastman Chemical Co.'s new sustainability report, "Innovating with…

Countering UPS, FedEx Won’t Raise Holiday Home Delivery Rates

In a competitive move against rival shipping giant UPS, FedEx Corp. said it will not apply residential…

Supima Design Competition Plants New Roots for Fashion

The Supima Design Competition is entering a new era this year with a seventh school added to its ranks and a…

Financial Roundup: Gildan Readies American Apparel Rollout, HanesBrands Aided by Acquisitions, Online Helps Delta Apparel

Gildan gets set to start marketing American Apparel, HanesBrands is already benefiting from acqusitions and…

ICAC Forecasts Soft Cotton Prices Ahead

Cotton prices are expected to be uncertain in the 2017-18 season.

Unifi Inks Joint Venture in Guatemala as Central American Sourcing Grows

As interest in Central American sourcing grows for its logistical and duty-free advantages, Unifi Inc. wants…

Under Armour Sets Restructuring Plan, Cuts Jobs as Sales Gain

Under Armour has a plan to improve efficiency, as international sales outpace domestic revenue.

Freight Rates Set to Climb, Boosting Ocean Carrier Profitability

Ocean carriers are starting to see some crests in the low tide of container freight rates that helped to…

PVH Takes Corporate Responsibility Deeper Into Supply Chain

PVH Corp. released its 2016 Corporate Responsibility Report, making moves and setting goals to expand the…

UPS Says Retail Store Closing Spree Challenging its Growth

While UPS posted strong revenue and profit gains in the second quarter, executives warned that the spate of…

CFDA and NYC Ready to Spend on US Manufacturing Innovation

The Fashion Manufacturing Initiative Grant Program, a $6 million public-private partnership funded by the New…

Financial Roundup: Eastman and Hunstman Score in 2Q, Deckers Improves and Kering Powers Along

Textile firms Eastman and Huntsman delivered strong top and bottom line results, while brand manager Deckers…

Amazon Continues to Grow, but not Without Some Pain

The juggernaut that is Amazon continued in the second quarter, at least on the top side, as the bottom line…

Financial Roundup: VF Scores on Direct Sales, Columbia’s Brands All See Gains, Repreve Leads Unifi, E-Commerce Aids Carter’s

VF Corp. credits direct-to-consumer for gains, value-added fibers keep Unifi spinning and Carter's sites…