Women’s Wear Daily
Consumer Confidence at 5-Year High in May
Today the Conference Board reported a five-year high in consumer confidence this May, up over 6 points since…
Uniqlo Plans 20 New U.S. Stores, Skips the Midwest For Now
Japanese retail giant Uniqlo is accelerating its U.S expansionâ€"in 2012, the retailer projected 10-20 new…
Goldman Sachs Lends $1.75 Billion to JC Penney
The Goldman loan, backed by the company’s own real estate and assets, can be used toward “general…
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Hong Kong Dock Workers Strike Outside Billionaire’s Building
A dock workers’ strike in Hong Kong has now entered its fourth week, causing widespread alarm among local…
H&M to Enter New U.S. Territory, Over 40 New Stores in 2013
Expect an “aggressive push†from H&M in 2013. Riding high on the success of its 269 U.S. stores, the…
Li & Fung Overspend in U.S., Fail to Meet $1.5 Billion Target
Hong Kong’s Li & Fung Limited, major players in the international sourcing and distribution industry…
After Deadly Fires, Will Wal-Mart Pull Sourcing From Bangladesh?
Early in March, Wal-Mart implemented its “zero tolerance†policy for violations of its global sourcing…
JC Penney Bets Big on Home Department
Troubled retailer JC Penney is banking on the home market to pull it through recent financial turbulence…
Colombian Apparel Fair Hooks $62 Million in US Contracts, Aims for $100 Million
Colombiatex, Latin America’s largest textile, machinery, and apparel supplies trade show, impressed US buyers…
New International Services Agreement Could Liberate US Retailers
Within the next 90 days, the US will enter negotiations for a new international services agreement with 20…
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