Sunday, September 8, 2024

Tag: Apparel Retail

Lululemon cuts guidance, misses sales estimates after botched product launch

Lululemon lowered its guidance and posted its first revenue miss in more than two years on Thursday after...

The ‘rent-first’ lifestyle is catching on. From cars to clothes and even caskets, here’s when it makes sense to buy vs. rent

Owning isn't always what it's cracked up to be.For many reasons — including affordability — more Americans are...

Nike CEO blames remote work for innovation slowdown, saying it’s hard to build disruptive products on Zoom

Nike President and CEO John Donahoe.Source: NikeNike CEO John Donahoe on Friday blamed remote work for the company...

Nike CEO says focus on its own website and stores went too far as it embraces wholesale retailers again

Illuminated trademark of the American athletic footwear and apparel corporation Nike, Inc. seen on the Nike Store window...

Macy’s settles proxy fight with activist Arkhouse, adds two directors

Macy's flagship store in Herald Square in New York, Dec. 23, 2021.Scott Mlyn | CNBCDepartment store Macy's on...

New Macy’s CEO Tony Spring looks to revive a 166-year-old retailer fighting for relevance

Tony Spring speaks at an event unveiling the Macy's new women's apparel brand, On 34th, in July. Spring...

Birkenstock shares slump as shoe company warns on profit outlook during first earnings since IPO

A Birkenstock banner hangs outside the New York Stock Exchange in New York on Oct. 11, 2023, as...

Nike, Foot Locker shares plunge after sneaker maker cuts revenue outlook

A shopper leaves a Nike store along the Magnificent Mile shopping district in Chicago with a purchase on...