Just as recession battered consumers are trickling back to malls, clothes makers in the United States face a tough choice. Squeezed by ballooning raw material, labor and freight costs, manufacturers from Nike Inc and VF Corp.
The Kardashian sisters announce their global partnership with leading international designer Bruno Schiavi and his apparel company, Jupi Corporation. Kim, Khloe and Kourtney will collaborate with Schiavi on a complete brand launch for 2011.
Revamping efforts at Liz Claiborne Inc seem to be working as the U.S. clothing maker posted a much smaller-than-expected loss and said it would turn profitable on an adjusted basis in the fourth quarter.
When it comes to the promise of a rising middle class in emerging markets, the lion’s share of attention has for good reason been visited upon China. Yet several other big, emerging markets offer great promise.
High street retailer Aurora Fashions announces on Tuesday new MD appointments for Oasis and Coast. Margaret McDonald leaves LK Bennett to become MD Coast. She replaces Liz Evans who moves to MD Oasis. All positions take effect from October 2010.