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Apparel Retail

Burberry replaces CEO, suspends dividend; shares dive 15%

by Adrian Jhonsan
Burberry replaces CEO, suspends dividend; shares dive 15%

Pedestrians walk past a Burberry Group Plc store, left, in the Causeway Bay shopping district of Hong Kong. Xaume Olleros | Bloomberg | Getty Images Shares in Burberry plunged over …

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Nike CEO John Donahoe under fire from Wall Street after Q424 report

by Adrian Jhonsan
Nike CEO John Donahoe under fire from Wall Street after Q424 report

John Donahoe, attends the first day of the annual Allen & Company Sun Valley Conference, in Sun Valley, Idaho. Drew Angerer | Getty Images Nike CEO John Donahoe appears to …

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Nike (NKE) earnings Q4 2024

by Adrian Jhonsan
Nike (NKE) earnings Q4 2024

Nike shoes and logo are seen at a store in Nice, France on May 28, 2024. Jakub Porzycki | Nurphoto | Getty Images Nike on Thursday reported its slowest annual …

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Shein confidentially files for London IPO

by Adrian Jhonsan
Shein confidentially files for London IPO

A Shein pop-up store at ABC Serrano in Madrid, Spain, April 26, 2024. Alejandro Martinez Velez | Europa Press | Getty Images Shein, the fast fashion giant with links to …

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Is there a pullback in consumer spending? Here’s what CEOs say

by Monica Lozano
Is there a pullback in consumer spending? Here’s what CEOs say

People walk past a Sweetgreen restaurant in Manhattan on September 14, 2023.  Jeenah Moon | The Washington Post | Getty Images With higher prices and elevated interest rates stubbornly sticking …

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Categories Travel

Facebook and Nike DEI manager gets prison for fraud

by James Odonell
Facebook and Nike DEI manager gets prison for fraud

Barbara Furlow-Smiles attends the 2020 Sisters’ Awards at Skirball Cultural Center on March 08, 2020 in Los Angeles, California. Robin L. Marshall | Getty Images A former diversity manager at …

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Categories Politics

How 6 Club stocks, including Meta and Apple, fared in Piper Sandler teen survey

by Adrian Jhonsan
How 6 Club stocks, including Meta and Apple, fared in Piper Sandler teen survey

Who better than teenagers to know what’s trendy? Piper Sandler has released the spring edition of its semiannual “Taking Stock With Teens Survey,” with solid results for several names in …

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Categories World

Nike shouldn’t mess with England flag, UK PM says of new soccer kit

by Adrian Jhonsan
Nike shouldn’t mess with England flag, UK PM says of new soccer kit

Racks of England’s new Nike designed football shirt, with the controversial St George’s cross, are displayed for sale in a central London store on March 22, 2024.  Daniel Leal | …

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Kering issues luxury profit warning, Gucci sales to plunge 20%

by Adrian Jhonsan
Kering issues luxury profit warning, Gucci sales to plunge 20%

A Gucci store at Harbour City shopping mall, operated by Wharf Holdings Ltd., in Hong Kong, China, on Friday, June 2, 2023.  Bloomberg | Getty Images French luxury group Kering …

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Zara owner Inditex climbs to all-time high as 2023 sales jump 10%

by Adrian Jhonsan
Zara owner Inditex climbs to all-time high as 2023 sales jump 10%

Shopper carrying two large shopping bags from the clothing retailer Zara on Oxford Street on 5th February 2024 in London, United Kingdom. Oxford Street is a major retail centre in …

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Categories World
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