More From Ivan Kenneally
J.Crew Optimistic Despite 2Q Malaise
The latest retail victim of a wobbly economy, J. Crew Group Inc., saw its profits ebb in the second quarter…
Lululemon 2Q Profits Down
Lululemon Athletica Inc. is having a difficult year. The Vancouver based retailer, a self-professed “leader…
Bangladesh: Competing Humanitarian Alliances May Collaborate
Almost immediately after the Rana Plaza factory collapse, two competing consortia of retailers who outsource…
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Neiman Marcus Poised For Credit Downgrade
In anticipation of a potential downgrade, both Moody’s Investors Service and Standard & Poor’s are…
Breaking News: Karachi Port Shut Down By Protests
A strike has erupted in Karachi, Pakistan involving customs agents and truck carriers. This story is still…
Is Egypt’s Unrest Ruining its Textile Industry?
Amidst crashing turmoil and politically charged violence, Egypt’s garment industry beats on, apparently…
Africa Poised To Become Major Cotton Producer
While South Asia has become the dominant region for the production of cotton, Eastern Africa is throwing its…
US Apparel Imports Increase, China Remains Top Supplier
US textile and apparel imports continued to increase as retailers built inventory for their anticipated…
JCP Attracts New Activist Investor: Mark Cuban
For ailing retailer JC Penney (JCP), there seems to be a revolving door policy on celebrity investors. After…
JCP’s Silver Lining: Online Sales Surging
Beleaguered retailer JC Penney (JCP) is long overdue for some good news and it seems to finally have…
Holiday Sales Forecasts Less Than Cheerful
Consumer behavior is notoriously difficult to predict, swayed by a wide range of variables and often simply…
Marks & Spencer Extends Payment Schedule for Suppliers, Struggles for Renewal
Marks & Spencer (MS), the largest clothing retailer in England, is pulling out all the stops in order to keep…
Radical Solution to Unsafe Bangladeshi Factories: Move Them
In response to the discovery that Bangladesh’s factory conditions are far worse than anyone reckoned and…
Footwear Market to Sprint into 2018
According to an attention grabbing report issued by Transparency Market Research, the global footwear market…
Cambodia Considers Wage Hikes
Just after Bangladesh Prime Minister Sheikh Hasina strongly urged garment factory owners to raise its…