North Face owner VF Corp. falls 10% after guidance cut, CEO steps down
Igor Goloniov | Sopa Images | Getty Images VF Corporation, owner of The North Face and Timberland, on Monday lowered its revenue and earnings expectations...
Apparel Retail
-
-
Adidas employees raised concerns about Ye’s conduct for years, report says
The chief executive and other senior leaders at Adidas discussed the potential fallout from its relationship with Kanye West as far back as four years...
-
How drought cost America’s cotton industry billions
Cotton farmers in Texas, where about 40% of the U.S. crop is produced, are facing a severe drought that is costing the industry billions. A...
-
Retailers’ biggest holiday wish is to get rid of all that excess inventory
A clearance sale sign is seen at the Gap retail store on September 20, 2022 in Los Angeles, California. Allison Dinner | Getty Images As...
-
Adidas warns of big earnings hit after ending Ye partnership
Kanye West at an event announcing a partnership with Adidas on June 28, 2016 in Hollywood, California. Getty Images Adidas on Wednesday cut its full-year...
-
Anti-Defamation League urges Adidas to sever ties with Ye’s Yeezy
Kanye West arrives at the Vanity Fair Oscar Party on Feb. 9, 2020, in Beverly Hills, Calif. Evan Agostini | Invision | AP The Anti-Defamation...
-
Adidas says its relationship with Kanye West is under review
Sneaker and apparel maker Adidas said Thursday it is reviewing its relationship with the outspoken Kanye West. “After repeated efforts to privately resolve the situation,...
-
Nike shares fall as overstocked inventory weighs on earnings
A woman shops for shoes in the Nike Factory Store at the Outlet Shoppes at El Paso, in El Paso, Texas on November 26, 2021....
-
Patagonia’s bold move to donate the entire company to fight climate change only works if it stays competitive in business, CEO says
A Patagonia store signage is seen on Greene Street on September 14, 2022 in New York City. Yvon Chouinard, founder of Patagonia, his spouse and...
-
Gap eliminating about 500 corporate jobs as sales fall
Pedestrians walk past a Gap Inc. store in Shanghai, China. Qilai Shen | Bloomberg | Getty Images Gap Inc. is cutting about 500 corporate jobs...
-
Patagonia founder just donated the entire company, worth $3 billion, to fight climate change
Yvon Chouinard, founder and owner of Patagonia. Courtesy of Jeff Johnson and Patagonia Patagonia founder Yvon Chouinard, his spouse and two adult children are giving...
-
Lululemon jumps after it boosts outlook and posts strong earnings beat
Pedestrians pass by a Lululemon store. Scott Mlyn | CNBC Lululemon Athletica Inc. on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, as...