Apparel Retail
Holiday shopping turnout jumps to 202.9 million people during Thanksgiving weekend, NRF says
A person carries shopping bags during Black Friday shopping at Garden State Plaza on November 28, 2025 in Paramus, New Jersey. Eduardo Munoz Alvarez | Getty Images A desire for deep discounts inspired 202.9 million U.S. consumers to shop during the five-day stretch from Thanksgiving Day through Cyber Monday, according to a survey by the […]
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‘To sustain the ride, they started to dilute it’: How Black Friday became a retail letdown
Black Friday early morning shoppers rush in as the doors are opened at a Walmart store in Fairfax, Virginia, Nov. 28, 2008. Gerald Martineau | The Washington Post | Getty Images Black Friday has long been defined by massive crowds, rock-bottom prices and rabid consumers willing to bite, scratch and claw their way to the […]
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Black Friday is most popular with Gen Z, even as the holiday loses its shine, new survey finds
People shop at a clothing store in Manhattan on Nov. 7, 2025, in New York City. Spencer Platt | Getty Images Black Friday is proving more popular for younger consumers than for their elders, according to a new report provided exclusively to CNBC. AT&T Business‘ 2025 Holiday Shopping Survey, conducted by Morning Consult, found that […]
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Dick’s Sporting Goods to shutter some Foot Locker stores to protect profits
A Dick’s Sporting Goods store in Pleasant Hill, California, US, on Monday, Nov. 24, 2025. David Paul Morris | Bloomberg | Getty Images Dick’s Sporting Goods is planning to close a slew of Foot Locker stores now that its acquisition of the sneaker company is complete, the company said Tuesday when announcing fiscal third-quarter earnings. […]
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Chinese consumer brands flood into Africa as old investment model fades and exports jump 28%
A picture taken on December 8, 2014 in Abidjan shows a Chinese shoe dealer in a transaction at Adjamene’s market. Sia Kambou | Afp | Getty Images Chinese business dealings in Africa, once dominated by state-owned enterprises, are now increasingly shifting toward consumer products from the private sector. While Africa’s faster-growing economies, such as Kenya, […]
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Gap comparable sales surge after viral ‘Milkshake’ denim ad with Katseye
Shoppers walk past a GAP fashion retail store on Oxford Street on October 30, 2025 in London, United Kingdom. John Keeble | Getty Images News | Getty Images Apparel retailer Gap said Thursday its comparable sales rose 5% during the fiscal third quarter, driven by strong revenue at its namesake brand after its viral “Better […]
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Four luxury stocks to watch amid hopes of a Chinese consumer rebound
A nascent rebound in Chinese consumer appetite, paired with resilient U.S. spending, is reigniting the luxury sector, with Richemont , Salvatore Ferragamo , LVMH and Ralph Lauren are emerging as key names to watch. Chiara Battistini, head of European luxury and sporting goods at J.P. Morgan, said the bank continues to favor Richemont, which has been […]
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Skims valued at $5 billion after new funding round as it accelerates store expansion
Skims underwear is displayed on a shelf at a Nordstrom store on March 25, 2025 in Corte Madera, California. Justin Sullivan | Getty Images Kim Kardashian’s Skims brand has raised $225 million in new funding led by Goldman Sachs Alternatives, valuing the shapewear and apparel company at $5 billion — up from roughly $4 billion […]
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Trump tariffs could add $40 billion to holiday shoppers’ and sellers’ costs, LendingTree warns
A person walks down a street with shopping bags in New York City on Nov. 29, 2024. David Dee Delgado | Getty Images American consumer wallets will be billions of dollars lighter this holiday season because of President Donald Trump’s tariffs, according to LendingTree. Sunday marked six months since Trump announced his broad “liberation day” […]
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Lululemon is partnering with the NFL to release apparel for all 32 teams
Sign at the entrance to the Lululemon store in Midtown Manhattan. Erik Mcgregor | Lightrocket | Getty Images Lululemon is partnering with the NFL to launch an apparel collection featuring the logos of all 32 NFL teams. It will mark the first time the retailer has offered officially licensed products for the NFL or any […]
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