Although big name bidders like Amazon and Forever 21 recently joined the group of companies looking to scoop up bankrupt American Apparel and its assets at auction, in the end, longtime Canadian suitor Gildan Activewear came out on top. [More]
Abercrombie & Fitch has been trying hard to shed its former image, one strengthened by “cool” executives who didn’t want to deal with any uncool customers, but it seems those turnaround efforts aren’t proving as fruitful as the retailer would like: profits for the company tumbled in the last quarter, and sales figures are far from promising. [More]
If you’re looking to score a great deal on a wedding dress, we hear there might be sales going on over at J. Crew, after the retailer announced it’s getting rid of its bridal business. [More]
When what your customers want are corduroys, sweaters, and the occasional work-appropriate dress, maybe trying to expand and attract more fashion-conscious customers was never going to work. Less than two years ago, Lands’ End, the retailer of preppy clothing and canvas tote bags that is not L.L. Bean, hired Federica Marchionni, the president of Dolce & Gabbana USA, to be its CEO with the goal of creating a “global lifestyle brand.” [More]
Sears may be closing stores faster than we can keep up, but the once-great retailer is apparently not ready to throw up its hands and give up. The department store chain has embarked on yet another tactic it hopes will finally be able to drum up some sales, righting the sinking ship. The plan this time? Showcase foreign apparel brands with a store-within-a-store concept.
A few years ago, Gap realized that telling its customers to “Dress Normal” wasn’t such a great idea: customers were turned off, and sales plummeted. That air of normalcy is still plaguing the company. [More]
Over the past year, a number of onetime mall behemoths — Macy’s, Sears, and other retailers — have suffered slipping sales that have led to store closures. While these mid-range department stores have working for years to increase sales and meet customer demand, many high-end retailers – like Nordstrom — have avoided that fate, at least until now. [More]
As if retail chains aren’t already having a rough time of it lately, a new report says Amazon’s clothing business could prove to make things even worse in the future. [More]
Even as Abercrombie & Fitch was struggling to bring American customers back into it stores, there was always one group the retailer good count on: European tourists who flock to the stores, waiting in long lines to purchase A&F-branded clothing. Abercrombie might not be able to count on that foreign bread and butter forever, however. [More]
In yet another effort to completely and totally dominate the shopping world, Amazon has apparently started a few private label clothing brands and has been quietly shilling apparel and accessories under those trademarked names with nary a press release to let anyone know. [More]
The racks of clothing available at Target will look a bit different in two years, as the retailer announced this week that it won’t renew a decades-long contract with apparel retailer Cherokee. [More]
Amazon appears to be on the cusp of its largest purchase ever with the potential purchase of luxury online retailer Net-a-Porter. [More]
While major European retailers have moved to sign a legally binding accord aimed at improving working conditions and factory safety in Bangladesh, the large American retailers have yet to join. Now, amid reports that some of its products had been made at the Rana Plaza facility that collapsed in April, taking the lives of more than 1,100 people, Walmart is creating its own program to inspect these facilities. [More]
Parent Co. Of Calvin Klein, Tommy Hilfiger Is First U.S. Apparel Maker To Join Bangladesh Factory Safety Accord
Weeks after a garment factory outside of Dhaka, Bangladesh, collapse, injuring thousands and taking the lives of more than 1,100, a number of large, global apparel and retail companies have signed on to an accord aimed at improving conditions for garment workers in the area and preventing future tragedies. [More]
Women’s Wear Daily says that Madonna is in talks with Macy’s to launch an exclusive women’s collection that would include apparel, accessories, intimates, and footwear. “Label names under serious consideration for the product lines include Material Girl for the apparel and Truth or Dare for the lingerie and underwear.” I’m crossing my fingers there’s a “Papa Don’t Preach” maternity line in the works as well.