Arcadia to lose 170 HQ staff alongside 1000 shop floor jobs

By guest author Ava Szajna-Hopgood from Retail Gazette •          Head office will see 170 jobs lost •          Alongside roughly 1000 employees set to lose their shopfloor jobs •          Arcadia to begin redundancy consultancy process next week Arcadia will cut 170 staff from its head office alongside the 1000 shop floor jobs caused by the closure … More Arcadia to lose 170 HQ staff alongside 1000 shop floor jobs

Neiman Marcus offers more Discounts to stay competitive

Luxury retailer reports wider net loss, falling sales By guest author Aisha Al-Muslim, Aisha Al-Muslim is a reporter covering breaking news for The Wall Street Journal in New York. She is an award-winning journalist and Pulitzer Prize finalist. She was previously a towns reporter and a business reporter at Newsday on Long Island, N.Y. Neiman … More Neiman Marcus offers more Discounts to stay competitive

Arcadia CVA passes as CEO remains “confident about the future”

By guest author Sahar Nazir Editor from Retail Gazette Arcadia CVA passes as CEO remains “confident about the future” Arcadia wins majority of its creditors’ approval for 7 CVAs Lady Green will invest £50 million into the group Arcadia agrees with the pension fund to reduce its contributions from GBP 50 million to GBP 25 … More Arcadia CVA passes as CEO remains “confident about the future”

Marton Mills installs WeaveMaster by BMSvision

Established in 1931, family business Marton Mills (https://martonmills.com/) are weavers of high quality apparel and furnishings with a focus on wool and tartan in their bespoke designs. The mill, nestled by the River Wharfe near Otley in West Yorkshire is home to a weaving operation that has seen further investment in the latest high speed … More Marton Mills installs WeaveMaster by BMSvision

lululemon athletica inc. announces First Quarter Fiscal 2019 Result

Revenue up 20 % to USD 782 million Comparable USD  14 %, or 16 % on a constant dollar base Diluted EPUSD of USD 0.74 for the first quarter lululemon athletica inc. (NAUSDDAQ:LULU) today announced financial results for the first quarter of fiscal 2019. For the first quarter ended May 5, 2019: Net revenue was USD … More lululemon athletica inc. announces First Quarter Fiscal 2019 Result

EURATEX General Assembly 2019

At the EURATEX General Assembly, international experts present the challenges and possible solutions to tackle the issue of attracting young and skilled workforce in the textile and clothing sector Over 120 participants attended the annual EURATEX General Assembly in Brussels on 13 June. The event was a unique opportunity to hear testimonials from different countries … More EURATEX General Assembly 2019