Levi Strauss & Co
Lululemon reports weak guidance as proxy battle, tariffs weigh on bottom line
Lululemon offered a weak 2026 outlook on Tuesday as tariffs, higher expenses and a dramatic proxy battle with its founder weigh on its bottom line. The athleisure company’s guidance for both the current quarter and the fiscal year came in lower than expected on the top and bottom lines. Lululemon is expecting first quarter sales […]
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U.S. launches fresh Section 301 probes into 60 economies over forced-labor trade practices
Scott Bessent, US treasury secretary, speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, US, on Thursday, Feb. 5, 2026. Kent Nishimura | Bloomberg | Getty Images The U.S. on Thursday launched new trade investigations into 60 economies to determine whether they failed to curb imports of goods made with […]
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Fabletics launches denim as the athleisure trade loses steam
Athletic apparel maker Fabletics is launching its first denim collection, the company announced Tuesday, signaling the once white hot athleisure category is starting to slow down. The collection, launching online and in select stores on Thursday, will include 11 styles and seven washes across both women’s and men’s. Items will be priced between $79.95 and […]
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Dow 50,000, Super Bowl 60, Meta’s big week in court and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. Congratulations to the Seattle Seahawks, who stifled the New England Patriots in a 29-13 Super Bowl win last night. Congratulations also to Lady Gaga fans, who got a surprise performance from the singer during Bad Bunny’s halftime show. Stock futures […]
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Stocks making the biggest moves after hours: Microsoft, Meta, Tesla, Southwest Airlines and more
Check out the companies making headlines in after-hours trading. Microsoft — Microsoft shares dropped almost 5% in extended trading. Capital expenditures and finance leases in the fiscal second quarter came in at $37.5 billion, surpassing the $34.31 billion consensus estimate from Visible Alpha. Adjusted earnings came out at $4.14 per share, higher than consensus expectations […]
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Minnesota shooting, Big Tech earnings, the winter storm and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. My gym in New York City unexpectedly closed early for the winter storm yesterday, but I was able to get in a makeshift workout pushing a taxi out of a snowbank. Stock futures are little changed this morning. The market […]
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S&P 500 win streak, Berkshire’s leadership changes, Netflix’s regulatory path and more in Morning Squawk
A Wall Street sign is viewed in front of the New York Stock Exchange. Eduardo Munoz | AFP | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Secret Santa The three major indexes […]
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From the California gold rush to Sydney Sweeney: How denim became the most enduring garment in American fashion
Jodie Foster, Billie Perkins, and Robert De Niro perform a scene in Taxi Driver directed by Martin Scorsese in 1976 in New York, New York. Michael Ochs Archives | Moviepix | Getty Images In the dwindling days of the California gold rush, the wife of a local miner faced a problem. Her husband’s denim work […]
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Beyonce, Sydney Sweeney and a fight for relevance: How American Eagle, Gap and Levi sparked a new ‘denim war’
Levi Strauss CEO Michelle Gass was out for a run in San Francisco last March when she first heard the song “Levii’s Jeans” from Beyonce’s latest album, “Cowboy Carter.” “Literally, I got chills,” Gass recounted to CNBC, adding the name check represented a “once in a lifetime” marketing opportunity she couldn’t afford to squander. “She is […]
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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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