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Friday, July 30, 2010
GERMANY: Retail surge boosts Hugo Boss H1  (2010-07-29)
  A 25% surge in own retail revenues helped German fashion house Hugo Boss to post a 31% rise in profit in the first half of 2010.
US: MG Icon launches campaign for Madonna clothing brand  (2010-07-29)
  MG Icon, the joint venture between singer Madonna and Iconix Brand Group, has unveiled details of its autumn 2010 marketing campaign for its newly created junior brand Material Girl.
MALAYSIA: Uniqlo opening continues expansion  (2010-07-29)
  Value-led clothing retailer Uniqlo has continued its international expansion with the opening of the company's first store in Malaysia.
FRANCE: Fashion drives LVMH H1 recovery  (2010-07-29)
  Luxury goods monolith LVMH Moët Hennessy Louis Vuitton showed a strong recovery in the first half of 2010, with profit up 33% to EUR1.8bn (US$2.4bn).
UK: Confidence returning to UK high street - survey  (2010-07-29)
  Sales on the UK high street increased in July compared with a year ago, and surpassed expectations, according to the latest CBI Distributive Trades Survey.
UPDATE: Bangladesh garment wages to rise 80%  (2010-07-29)
  Rallying garment workers in Bangladesh are being granted an 80% hike in their minimum wage, an industry official confirmed to just-style this afternoon (29 July).
US: Timberland losses continue despite sales rise  (2010-07-29)
  Apparel and footwear company Timberland slipped to a second quarter loss of US$23.5m, thanks to a non-cash impairment charge of $13.2m and despite a 5.1% revenue rise.
US: Jones Apparel nearly doubles Q2 profit  (2010-07-29)
  Jones Apparel Group nearly doubled its second quarter profit, thanks to a 7% revenue rise and despite charges of $22m linked to acquisitions and restructuring.
US: Destination Maternity Q3 profit up 28%  (2010-07-29)
  Destination Maternity Corporation overcame a slight decline in third quarter sales to post a much-improved profit of US$8.7m, driven by its cost reduction programme.
US: Skechers second quarter back into profit  (2010-07-29)
  Strong top-line growth has propelled Skechers back into profit in its second quarter.
GERMANY: Puma announces Q2 profit rise  (2010-07-29)
  Sporting goods firm Puma has posted a rise in sales and profit, and forecast a strong outlook for the rest of the fiscal year.
BANGLADESH: Minimum wage deal imminent  (2010-07-29)
  A significant rise in the minimum wage of garment workers in Bangladesh is expected to be announced today (29 July).
BANGLADESH: Campaigners slam garment wage proposal  (2010-07-28)
  Campaign groups have expressed disappointment at the scale of a proposed minimum wage increase for garment workers in Bangladesh.
US: Standard & Poor's raises Perry Ellis outlook  (2010-07-28)
  Standard & Poor's has revised its outlook on Perry Ellis International to "stable".
US: Under Armour Q2 profit soars on revenue surge  (2010-07-28)
  Fast-growing sportswear company Under Armour could break the US$1bn barrier in full-year revenues after its second quarter profit soared by 150% to $3.5m.

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