Kenzo fashions its global comeback (Business24-7)
"Heading into the hot seat during a global downturn isn't always easy, but if there are any stylised butterflies in James Greenfield's stomach as he spearheads a revival of Kenzo, he isn't letting it show."
11.8 million worldwide job losses in textile & garment sector (Fibre2Fashion)
"The impact of the economic crisis on the textile, garment, leather and footwear sectors has been dramatic. Since June 2008, over 8,200 factories have closed and an estimated 11.5 million workers have lost their jobs."
Nordstrom March same-store sales down 13.5% (WSJ)
"Nordstrom Inc. on Thursday said March sales at stores open at least one year fell 13.5%."
Takashimaya Full-Year Net Profit Drops 37% (WWD)
"It was a tough year for Japanese department store operator Takashimaya Co., which saw declining profits and sales for its fiscal year ended Feb. 28, 2009." (Subscription required)