Tag: Apparel Retail
Lululemon explores sale of Mirror to Hydrow
A Lululemon sign is seen at a shopping mall in San Diego, California, November, 23, 2022.Mike Blake | ReutersLululemon is looking to sell its at-home [...]
Audemars Piguet CEO says luxury watch demand shows no sign of fading
The luxury watch market is well-positioned to avoid a crash as tight supply and a new generation of young collectors drive demand, according to the CE [...]
Lululemon shares jump as holiday-quarter sales surge
A Lululemon sign is seen at a shopping mall in San Diego, California, November, 23, 2022.Mike Blake | ReutersLululemon on Tuesday reported strong holi [...]
Millennials plan to spend more online this year, new survey finds
People walk by empty retail space in lower Manhattan on April 17, 2017 in New York City. Spencer Platt | Getty ImagesMillennials have big plans for th [...]
Depop, Poshmark secondhand resale gets cutthroat
The Depop application on a smartphone arranged on Wednesday, June 2, 2021.Gabby Jones | Bloomberg | Getty ImagesSix months after launching his secondh [...]
Nike (NKE) Q3 earnings 2023
Nike easily beat Wall Street's estimates for its holiday quarter earnings and revenue, although its bloated inventory continued to weigh on its margin [...]
Foot Locker touts renewed Nike relationship, posts earnings
Foot Locker CEO Mary Dillon on Monday touted a "renewed" and revitalized relationship with Nike, including an emphasis on what she called "sneaker cul [...]
Adidas warns of first annual loss in three decades and cuts dividend after Ye split
"The numbers speak for themselves. We are currently not performing the way we should", Adidas CEO Bjørn Gulden said in a press release.Jeremy Moeller [...]
North Face owner VF Corp. falls 10% after guidance cut, CEO steps down
Igor Goloniov | Sopa Images | Getty ImagesVF Corporation, owner of The North Face and Timberland, on Monday lowered its revenue and earnings expectati [...]
Adidas employees raised concerns about Ye’s conduct for years, report says
Gilbert Carrasquillo | GettyThe chief executive and other senior leaders at Adidas discussed the potential fallout from its relationship with Kanye We [...]
Retailers’ biggest holiday wish is to get rid of all that excess inventory
A clearance sale sign is seen at the Gap retail store on September 20, 2022 in Los Angeles, California.Allison Dinner | Getty ImagesAs some of the nat [...]
Adidas warns of big earnings hit after ending Ye partnership
Kanye West at an event announcing a partnership with Adidas on June 28, 2016 in Hollywood, California.Getty ImagesAdidas on Wednesday cut its full-yea [...]
Sever ties with Ye’s Yeezy
Kanye West arrives at the Vanity Fair Oscar Party on Feb. 9, 2020, in Beverly Hills, Calif.Evan Agostini | Invision | APThe Anti-Defamation League is [...]
Adidas says its relationship with Kanye West is under review
Kanye West at an event announcing a partnership with Adidas on June 28, 2016 in Hollywood, California.Getty ImagesSneaker and apparel maker Adidas sai [...]
Nike (NKE) earnings Q1 2023
A woman shops for shoes in the Nike Factory Store at the Outlet Shoppes at El Paso, in El Paso, Texas on November 26, 2021.Paul Ratje | AFP | Getty Im [...]