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Apparel Retail

Adidas warns of falling sales in North America as it continues to sell off Yeezy inventory

by Adrian Jhonsan
Adidas warns of falling sales in North America as it continues to sell off Yeezy inventory

Adidas shoes are displayed at a DSW store on January 31, 2024 in Novato, California.  Justin Sullivan | Getty Images Adidas on Wednesday warned of a sales decline in its …

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Superdry shares soar more than 100% as company considers going private

by Adrian Jhonsan
Superdry shares soar more than 100% as company considers going private

Tristan Fewings/Getty Images LONDON — Superdry shares soared more than 100% on Friday, as the embattled British fashion retailer confirmed that co-founder and CEO Julian Dunkerton is considering taking it …

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Clothing brands failing to eradicate forced labor risk in supply chains, research finds

by Adrian Jhonsan
Clothing brands failing to eradicate forced labor risk in supply chains, research finds

A Yayoi Kusama sculpture is displayed on the top of the Louis Vuitton’s Champs Elysees store, on January 12, 2023 in Paris, France. This year the French Fashion house has …

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Online retailer Temu files fresh lawsuit against rival Shein in U.S.

by Adrian Jhonsan
Online retailer Temu files fresh lawsuit against rival Shein in U.S.

Global online shopping platform Temu is already climbing the ranks in the U.S. Apple Store. Bloomberg | Bloomberg | Getty Images Chinese low-cost online retailer Temu has launched a new …

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Categories World

‘You barely knew what we were actually selling’

by Adrian Jhonsan
‘You barely knew what we were actually selling’

Richard Dickson, CEO of Gap Inc. Courtesy: Gap Inc. New Gap CEO Richard Dickson has spoken about his experience upon joining the struggling company from toy business Mattel in August. …

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Black Friday shoppers spent a record $9.8 billion in U.S. online sales, up 7.5% from last year

by Adrian Jhonsan
Black Friday shoppers spent a record .8 billion in U.S. online sales, up 7.5% from last year

Black Friday shoppers pick out clothing in a Lacoste store as retailers compete to attract shoppers and try to maintain margins on Black Friday, one of the busiest shopping days …

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TJX and Amazon stand to gain from discount-driven holiday online shopping

by Adrian Jhonsan
TJX and Amazon stand to gain from discount-driven holiday online shopping

Deep discounts are driving a strong start to holiday online spending, according to new data from Adobe Analytics. Facing sticky inflation and economic uncertainty, consumers are belt-tightening, which is good …

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PDD’s Temu grows at record pace in Asia, overtaking Shein in app stores

by Ev Richard
PDD’s Temu grows at record pace in Asia, overtaking Shein in app stores

A package from Temu is seen in front of a screen with the Temu logo. (Photo by Nikos Pekiaridis/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Chinese low-cost …

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Categories Technology

Here are 4 big trades for the portfolio and 2 difficult rating changes

by Adesola Mojo
Here are 4 big trades for the portfolio and 2 difficult rating changes

What a difference a week makes. Following last week’s stumbles, the Dow Jones Industrial Average , the S & P 500 and the Nasdaq Composite are all tracking to go …

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Categories Automobile

TGL golf league partners with Fanatics on team merchandise

by Adrian Jhonsan
TGL golf league partners with Fanatics on team merchandise

Fanatics founder and CEO Michael Rubin at his office in New York. The Washington Post | Getty Images Tiger Woods and Rory McIlroy’s indoor golf league, TGL, has signed a …

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Categories World
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