What the apparel sector can learn from Mango’s new strategy
As Spanish fashion retailer Mango unveils ‘record’ €3.1bn ($3.36bn) sales and doubles its profit in 2023, Just Style investigates how the brand is outperforming its competition.
20 March 2024
20 March 2024
As Spanish fashion retailer Mango unveils ‘record’ €3.1bn ($3.36bn) sales and doubles its profit in 2023, Just Style investigates how the brand is outperforming its competition.
Canadian clothing company Gildan Activewear's board of directors is reviewing a potential acquisition offer and has already contacted and received interest from other potential bidders with a view to "maximising the value of any potential transaction".
The International Labour Organisation (ILO) estimates that forced labour in the private sector generates $236bn profit each year across the world, up 37% since 2014.
Headline inflation has fallen to 3.4% in the UK according to the latest figures from the Consumer Price Index with the British Retail Consortium saying it was driven by falls in clothing and footwear.
An Authentic Brands Group (ABG) spokesperson told Just Style that despite “tireless efforts” the company has taken steps to put Ted Baker into administration with an industry analyst noting UK retailer Next would be "best placed to snap up" the retailer.
Danish apparel brand Bestseller has engaged Avery Dennison's Case Verification technology to add Radio Frequency Identification (RFID) to its distribution centres and ensure inventory and shipping accuracy for millions of items per year.
Apparel manufacturer and distributor Charles Komar & Sons Inc., has received $25m in funding to create 300 full-time roles at its new e-commerce distribution plant in Georgia, US.
The American Apparel & Footwear Association (AAFA) has urged the Bangladesh Garment Manufacturers & Exporters Association (BGMEA) to call for an end to the ongoing detainment and threat of detainment for garment workers involved in Bangladesh's minimum wage protests.
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