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Retail Asia09/03/2022

Levi Strauss and Ralph Lauren are among U.S. apparel brands likely to be worst hit by Russia’s invasion of Ukraine which is again clogging supply chains in Europe where they derive at least a quarter of sales, Wall Street analysts say. American clothes firms’ European businesses were just recovering from two years of pandemic restrictions. […]

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Retail Asia08/10/2021

Levi Strauss & Co on Wednesday beat third-quarter revenue and profit estimates, boosted by an uptick in demand for jeans from people refreshing their wardrobes as they returned to normal social life following easing pandemic restrictions. Shares of the jeans maker rose 2% in extended trading after the Dockers brand owner said its board had approved […]

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Retail Asia29/01/2021

Levi Strauss & Co on Wednesday forecast first-quarter results below analysts’ estimates as the resurgence of COVID-19 shutters the denim maker’s stores in major markets, sending its shares 9% lower in extended trading. The spike in coronavirus cases from late last year has led to lower traffic at stores and fresh capacity restrictions for shopping […]

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Retail Asia13/01/2021

VF Corp. (VFC), a provider of branded lifestyle apparel, footwear and accessories, announced a transformation plan for its Asia Pacific operations, with relocations over the next 12 to 18 months with the first moves expected in April 2021. VF plans to move the center of its brand operations from Hong Kong to Shanghai where the […]

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Retail Asia22/12/2020

The global pandemic led Kontoor Brands to delay its initial plans to launch Wrangler in China earlier this year, but the day has finally come for the heritage brand. Kontoor announced Thursday that it has expanded Wrangler’s international reach to China by taking a digital-first approach. The initial product offering is available for consumers through Alibaba Group’s Tmall e-commerce site. […]

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Retail Asia16/10/2020

ICON DENIM Co., Ltd. officially launched its first store at 12-12 Bis Cach Mang Thang 8 Street, Ben Thanh Ward, District 1, Ho Chi Minh City. ICON DENIM brand was established in 2017, with the desire to bring the brand fashion closer to Vietnamese men. After 2019, ICON DENIM opened 3 large Flagship stores (showrooms) located in […]

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Retail Asia13/05/2020

Upcycled fashion label The R Collective has launched its Denim Reimagined capsule collection at K11 Musea’s Levi’s store in Hong Kong. The Denim Reimagined collection, created by local designer Jesse Lee, uses surplus denim from Levi’s jeans and is being launched to coincide with the brand’s global #WearAndCare sustainable consumer care campaign. A virtual workshop […]

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Retail Asia16/04/2020

Denim apparel retailer True Religion has filed for bankruptcy for the second time within three years. The brand’s latest crisis was brought on by the coronavirus outbreak, which has seen more than 95 percent of the American market under lockdown. In a statement, True Religion said it had found itself unable to wait out the pause […]

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Retail Asia28/02/2020

Global denim makers have long faced questions over their sustainability credentials, but recent developments across the industry are helping to show it in a more positive light. From the amount of water required to produce a pair of jeans, to the chemicals used in production, the sector is starting to make a concerted effort to […]

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Retail Asia04/02/2020

Denim brand Levi’s plans to scale back shipments to off-price retailers in the US as it targets a further improvement in gross margin and long-term ambitions in the growing Chinese market. The company ended the year reporting US$1.57 billion in sales, slightly behind analyst estimates, but with a gross margin up by 100 basis points […]

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Retail Asia27/09/2019

The Madewell denim brand is set to be split off from J Crew as part of a planned IPO by parent Chinos Holdings. Documents lodged with the US Securities and Exchange Commission on Friday show Chinos plans to raise funds to pay off some of its US$1.7 billion in debt, although the volume of shares […]

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Retail Asia16/08/2019

Levi Strauss & Co has been “deliberate and diligent” in moving production out of China because of uncertainty hanging over tariffs on goods imported from China, CEO Chip Bergh has told Reuters in an interview. Just 1 percent or 2 percent of Levi’s product sold in the US are manufactured in China, Bergh said, compared […]

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Retail Asia29/07/2019

Levi Strauss Asia sales grew 12 per cent in the second quarter (on a constant-currency basis) with strong performance across both wholesale and direct-to-consumer channels. Globally, the denim-led lifestyle-fashion retailer achieved 9-per-cent growth on a constant-currency basis, however second-quarter income fell by US$49 million, largely due to $29 million in costs relating to the company’s […]

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Retail Asia10/06/2019

Italian denim brand Replay has opened its first store in India. The new store has been launched in the capital in a partnership with Reliance Brands. The large retail outlet in Ambience Mall, it focuses on the brand’s core elements using signature design features in store. “I am confident that our constant striving to deliver […]

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Retail Asia29/04/2019

San Francisco-based retailer Levi Strauss announced plans to open 100 new company-operated stores this year. The apparel maker, which launched on the US stock market last month, announced its plans for the store openings alongside a well-received debut batch of earnings as a public company. Company chief executive Chip Bergh told that most of the store openings would be […]

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Retail Asia12/04/2019

Kontoor Brands – that’s the name chosen for the denim-led fashion business being spun off by VF Corporation next month. The US branded lifestyle apparel, footwear and accessories company released an update on the plan, announcing its has filed the necessary regulatory paperwork to start the process rolling. Kontoor Brands, to be publicly listed, will […]

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Retail Asia31/01/2019

Dutch denim company Denham Group has a new major shareholder, according to reports in the Netherlands, with China’s Trendy Group named the official buyer. The parent company of denim label Denham the Jeanmaker, Denham Group was snapped up by Trendy from Amsterdam-based investment firm Amlon Capital for an undisclosed amount. Denham’s current chief creative officer […]

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Retail Asia07/11/2018

Textile and apparel player Arvind Ltd on Thursday reported a 16.38 percent increase in its consolidated net profit to Rs 75.08 crore for the second quarter ended September 2018. According to a report: The company had posted a net profit of Rs 64.51 crore in the July-September period a year-ago, Arvind Ltd said in a BSE filing. […]

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Retail Asia23/11/2017

It began at Paris Fashion Week two in 2015, when Vetements sent its Autumn/Winter 2015 collection down the catwalk, full of its instantly familiar oversized silhouettes: grunge ditzy-print dresses, bulky bikers and bombers, thigh-high leather rodeo boots and those re-worked vintage Levi’s, now the brand’s signature jeans. Certainly, the denim market has been enjoying a long-awaited rebound. […]

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Retail Asia06/10/2017

Fast Retailing’s Uniqlo says it plans to open a “denim concept shop” in Los Angeles soon. “We take so much inspiration from Los Angeles,” says Uniqlo head of US marketing Marisol Tamaro. The brand has been increasing its commitment to LA and its latest autumn denim campaign gained its inspiration from LA style. Its Denim […]

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