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Tag: apparel
The Wall Street Journal: American Apparel to close stores, streamline workforce
2015-07-06 16:09:00| Apparel - Topix.net
American Apparel Inc. on Monday unveiled plans to cut costs by closing underperforming stores and streamlining its workforce as the retailer looks to turn around its flagging business. said the moves, which are expected to save $30 million over the next 1 1/2 years, are aimed at helping the company adapt to headwinds in the retail industry and preserving jobs for the "overwhelming majority" of its 10,000 employees.
Tags: close
street
american
journal
American Apparel warns may need more capital for restructuring
2015-07-06 16:08:59| Apparel - Topix.net
The company, which is being sued by founder and former CEO Dov Charney, said its plan aims to cut costs by about $30 million over the next 18 months by cutting jobs and closing stores.
Tags: american
capital
apparel
restructuring
American Apparel to close some stores, cut jobs to reduce costs
2015-07-06 16:08:58| Apparel - Topix.net
The apparel seller expects to reduce costs by $30 million over the next 18 months. The company said even if revenue increases and costs are cut, there can be no guarantee it will have enough financing commitments to meet funding requirements for the next 12 months without raising additional capital, or that it will be able to raise that capital.
Tags: close
jobs
american
stores
Sustainability: Asian apparel suppliers face up to the issues
2015-07-03 15:31:00| Daily apparel & textile news and comment - from just-style.com
Sustainability improvements in the Asian outsourced clothing and textile sector are far from being the sole preserve of China, with companies in Cambodia, Sri Lanka and Vietnam facing up to the issue.
Tags: issues
face
apparel
asian
Apparel Accessories in Brazil
2015-07-03 02:00:00| Apparel & textile industry market research - from just-style.com
In 2014, apparel accessories remained one of the best performing categories within apparel and footwear in Brazil, posting 7% growth over 2013 to reach BRL1,164 million. Over the review period, major
Tags: accessories
brazil
apparel
apparel accessories
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