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What Marks & Spencer's FY numbers mean for clothing

2018-05-23 16:47:00| Daily apparel & textile news and comment - from just-style.com

Today's (23 May) full-year results from Marks & Spencer have once again emphasised the company's reliance on its food business, as the UK retail group posted a 1.4% fall in clothing and home sales a day after announcing plans to shutter more than 100 stores before 2022. While CEO Steve Rowe is optimistic the group's turnaround efforts are off to a good start, with claims the new organisation will largely be in place by July, will its investments - and indeed its store closures - be enough to revive the retailer's clothing fortunes? 

Tags: mean numbers clothing marks

 

M&S "perilously close" to losing top clothing retailer spot

2018-05-22 13:56:00| Daily apparel & textile news and comment - from just-style.com

Marks and Spencer is "perilously close" to losing its status as the UK's number one clothing retailer to Primark as the company announces plans to shutter more than 100 stores before 2022 as it reshapes its UK store estate in line with its target to take at least a third of sales online.

Tags: top close clothing spot

 
 

New lead limits for children's clothing in Canada

2018-05-22 10:23:00| Daily apparel & textile news and comment - from just-style.com

The Canadian Government is imposing new limits on the lead content of products including children's clothing and accessories from November this year.

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China Textile & Clothing Production Costs (Country Report)

2018-05-17 17:21:13| EmergingTextiles.com

Production costs in China have picked up again in April, after having decelerated for the past 7 months, due to falling business activity. Whereas clothing prices continue to slow down, textile prices are growing at a stable rate. Our statistical report offers a comprehensive view of production costs and consumer prices in China, including in textile and clothing sectors. Labor costs in major provinces are also being followed.

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Clothing down but US retail sales still up in April

2018-05-16 11:43:00| Daily apparel & textile news and comment - from just-style.com

Sales at clothing and clothing accessory stores were down 0.4% year-over-year but up 1.4% from March seasonally adjusted, while sporting goods stores slipped 3.8% year-over-year and down 0.1% from March seasonally adjusted.

Tags: in up april sales

 

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