More From Marc Davis
India: Increased Demand Boosts Profits, Margins for Textile Firms
Rising international demand for textiles and the availability of raw materials at a reasonable cost lifted…
Abercrombie & Fitch Turns to Wholesaling
In a move to improve brand engagement, Abercrombie & Fitch has decided to venture into wholesaling. The teen…
EU to Fund Development of Egypt’s Textile Sector
The European Union recently announced that it would fund development of Egypt’s textile sector through its…
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Uniqlo Looks to Capitalize on Heattech’s Success with New Brand Innovations
Uniqlo, Japan’s casual-wear giant and unit of parent company Fast Retailing, wants some 15 of its brands to…
J.C. Penney Sales Up, Share Price Soars
After nine consecutive quarters of same-store sales declines J.C. Penney posted a 6.2% increase in sales for…
Pakistan’s New Textile Policy to Boost Global Exports
Pakistan’s new textile policy, designed in part to raise textile exports to the U.S. to $26 billion over the…
H&M Sales Up, Margins Down on Fast Fashion Competition
Hennes & Mauritz AB (H&M) the EU’s second largest clothing retailer, beat analysts’ estimates for April…
Sears Holdings May Sell Stake in Canada Stores
In another effort to cut losses and raise cash, Sears Holdings announced today (May 14) that it may sell its…
Marks & Spencer Wants More Customers to Shop on New Website
Of Marks & Spencer's (M&S) 34 million customers, 19 million have not shopped regularly on the retailer's…
J.Crew To Pursue Bargain Hunters With New Low-Priced Retail Stores
J.Crew will attempt to lure U.S. consumers on the constant hunt for bargains and discounts to a new…
Children’s Footwear Duties Increase Dramatically
Duties on children’s shoes are rising drastically. A total of 99.9% of children’s shoes sold in the U.S. are…
Coach Sales Down, Prices Up
Sales for Coach Inc. in North America nose-dived in the first quarter of 2014 resulting in a 20 percent…
Dillard’s, Dollar Tree to Monitor Foreign Suppliers to Increase Worker Safety
Major retailers Dillard’s and Dollar Tree have agreed to watch the factories of their foreign suppliers more…
Neiman Marcus Struggles in Chinese Luxury Market; Sells Hong Kong-based Glamour Sales
Chinese consumers want luxury items but at discount prices, and Neiman Marcus says that proposition doesn’t…
Uniqlo Opens New Paris Store; Offering A Lot More Than Just Clothing
In a radical departure from its traditional retailing model, Japanese fast fashion colossus Uniqlo opened a…