Adidas cuts 2022 outlook on slower China recovery, potential for a global slowdown
Pedestrians walk by a large Adidas logo inside the German multinational sportswear shop. Miguel Candela | SOPA Images | LightRocket via Getty Images Adidas on...
Apparel Retail
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Makeup company Glossier to sell its products at Sephora as new CEO pushes to expand reach
Glossier makeup bottles John Sciulli | Getty Makeup company Glossier announced Tuesday that customers will be able to find its popular “Boy Brow” and “Cloud...
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Macy’s speeds up plans to open smaller stores outside of malls
In 2020, Macy’s opened its first Market by Macy’s location, which was in the Dallas-Fort Worth area. Source: Macy’s Macy’s is accelerating its plans to...
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Nike is making a strategic shift in how it manufactures NCAA fan apparel in deal with Fanatics
Georgia Bulldogs NCAA partners with Nike Courtesy: Fanatics Sports commerce platform Fanatics is entering into a long-term partnership with Nike to manufacture college sports fan...
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Kohl’s says a real estate sale is on the table after scrapping deal talks
People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Kohl’s might not be selling...
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Fanatics is in talks to buy sports betting company Tipico, sources say
Michael Rubin arrives at the 2019 Fanatics Super Bowl Party on Saturday, Feb. 2, 2019, in Atlanta. Paul R. Giunta | Invision | AP Fanatics,...
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Fanatics CEO Michael Rubin selling ownership stake in Philadelphia 76ers, New Jersey Devils
Michael Rubin attends Fanatics Super Bowl Party on February 12, 2022 in Culver City, California. Shareif Ziyadat | Filmmagic | Getty Images Billionaire Fanatics CEO...
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The biggest mall owner in the U.S. hopes to create a new sales holiday as inflation surges
David Simon, chairman and chief executive officer of Simon Property Group Patrick T. Fallon | Bloomberg | Getty Images David Simon, the chief executive officer...
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Here’s why Vitamin Shoppe’s owner wants to buy Kohl’s – and what could happen next
Shoppers enter a Kohl’s store in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images A little-known conglomerate of companies including The Vitamin Shoppe, Pet...
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This stock stands to benefit from the retail glut that Target warned about
This stock stands to benefit from the retail glut that Target warned about Source: CNBC
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Lululemon raises guidance as customers keep spending despite higher prices
Lululemon customers so far aren’t balking at higher prices on the retailer’s leggings and sports bras, Chief Executive Officer Calvin McDonald said Thursday. The athletic...
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Levi Strauss boosts sales outlook for next five years, banking on e-commerce strength
A sign is posted in front of the Levi Strauss & Co. headquarters on April 09, 2021 in San Francisco, California. Justin Sullivan | Getty...