Apparel Retail

Lululemon beats on earnings but issues underwhelming guidance
Business

Lululemon beats on earnings but issues underwhelming guidance

Lululemon store in Manhattan, New York City, U.S., on July 15, 2024. Beata Zawrzel | Nurphoto | Getty Images Lululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts. Shares of the apparel company fell about 6% in extended trading. Here’s how the company did compared with […]

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Kohl’s shares plunge 15% as retailer gives rough outlook for the year ahead
Business

Kohl’s shares plunge 15% as retailer gives rough outlook for the year ahead

Kohl’s posted an earnings and revenue beat for the fourth quarter on Tuesday, but its stock plunged as it issued much worse-than-expected guidance for the year ahead. Shares of the company fell more than 15% in early trading on Tuesday. For 2025, Kohl’s expects revenue to fall 5% to 7%, compared with Wall Street estimates […]

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As the war on DEI intensifies, some companies hold the line while others work behind the scenes
Business

As the war on DEI intensifies, some companies hold the line while others work behind the scenes

President Donald Trump speaks during a press conference at the White House in Washington, D.C., Jan. 30, 2025. Xinhua News Agency | Xinhua News Agency | Getty Images There’s a delicate balance playing out at corporations across America. As the Trump administration targets diversity, equity and inclusion initiatives, many prominent companies have publicly scaled back […]

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Puma challenges Tiger Woods’ Sun Day Red logo
Business

Puma challenges Tiger Woods’ Sun Day Red logo

Puma logo (L) and Sun Day Red Tiger logo (R) Source: U.S. Patent and Trademark Office Sun Day Red is not out of the woods yet in regard to trademarking its logo. Footwear giant Puma filed a last-minute notice of opposition against Tiger Woods’ logos tied to his Sun Day Red brand, according to a […]

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Shoe designer Jimmy Choo shares his views on the future of fashion — and a warning over AI
World

Shoe designer Jimmy Choo shares his views on the future of fashion — and a warning over AI

Jimmy Choo at a graduate show by students of the JCA London Fashion Academy, the design and business program he founded in 2021. Dave Benett | JCA London Fashion Academy | Getty Images From British royalty to Hollywood stars, Jimmy Choo’s luxury shoes have been worn by countless celebrities on red carpets around the world. […]

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Behind Amazon’s quiet launch of Haul, which competes with Temu in ultra-low-price items from China
World

Behind Amazon’s quiet launch of Haul, which competes with Temu in ultra-low-price items from China

Two weeks before Black Friday, Amazon quietly added a new section to the top of its mobile app. Called Haul, it’s a mobile-only area for ultra-low-price items, primarily shipped directly from China.   Haul is Amazon’s answer to the booming popularity of apps such as PDD Holdings‘ Temu and fast-fashion retailer Shein. Amazon told CNBC that […]

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How Vuori reached a .5 billion valuation by taking share from Lululemon
Business

How Vuori reached a $5.5 billion valuation by taking share from Lululemon

When athleisure brand Vuori launched in 2015, it was headquartered in a garage, sold only men’s shorts and couldn’t get investors to give it the time of day.  Now, the Carlsbad, California, retailer is expanding globally, backed by a string of marquee investors including General Atlantic, SoftBank and Norwest Venture Partners, after raising $825 million […]

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Women’s basketball league Unrivaled signs uniform deal with Under Armour
Business

Women’s basketball league Unrivaled signs uniform deal with Under Armour

The interior of an Under Armour store is seen on November 03, 2021 in Houston, Texas. Brandon Bell | Getty Images The pieces are coming together for the startup basketball league Unrivaled. The 3×3 women’s hoops league announced Tuesday that it has signed a multiyear deal for Under Armour to become its official uniform partner […]

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LSU star Flau’jae Johnson continues NIL success, signs equity deal with women’s basketball league Unrivaled
Business

LSU star Flau’jae Johnson continues NIL success, signs equity deal with women’s basketball league Unrivaled

BATON ROUGE, LOUISIANA – NOVEMBER 9: Flau’jae Johnson #4 of the LSU Tigers in action during a game against the Northwestern State Demons at the Pete Maravich Assembly Center on November 9, 2024 in Baton Rouge, Louisiana. (Photo by Kristen Young/LSU/Getty Images) Reagan Cotton/lsu | University Images | Getty Images Flau’jae Johnson has a lot […]

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Shares of American Eagle plunge 13% as company issues weak holiday guidance
Business

Shares of American Eagle plunge 13% as company issues weak holiday guidance

A shopper walks by an American Eagle store on November 21, 2023 in Glendale, California.  Justin Sullivan | Getty Images American Eagle issued weak holiday guidance on Wednesday and cut its full-year forecast as it contends with value-seeking consumers who are only willing to spend during key shopping moments.  The apparel retailer narrowly missed Wall […]

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