Shoppers leave a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images Nordstrom on Tuesday reported better-than-expected profits and sales for the holid...
Tag: Apparel Retail
Kohl’s (KSS) reports Q4 2021 earnings
The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s on Tuesday reported fiscal fourth-...
Victoria’s Secret is leaning into comfort and women are taking notice
Source: Victoria’s Secret At first glance, shoppers may be hard pressed to believe that Victoria’s Secret’s new lingerie lineup is actually from Victoria’s Secret. In mid-Febru...
Foot Locker (FL) reports Q4 2021 earnings
A sign hangs above the entrance of a Foot Locker store on August 02, 2021 in Chicago, Illinois. Scott Olson | Getty Images Foot Locker shares tumbled in premarket trading Friday after the retailer sai...
Authentic Brands Group takes majority stake in David Beckham’s brand
Retail and entertainment conglomerate Authentic Brands Group announced Thursday it has entered into a partnership to co-own and oversee David Beckham’s global brand. Authentic Brands declined to...
Allbirds (BIRD) reports Q4 2021 results meet estimates
A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., on Tuesday, Feb. 16, 2021. Al Drago | Bloomberg | Getty Images Allbirds on Wednesday reported fourth-quarter sa...
Walmart debuts fashion designer Brandon Maxwell’s first spring collection
Walmart is debuting the spring collection of Free Assembly, created by fashion designer Brandon Maxwell. Walmart As shoppers get ready for spring, Walmart is debuting new fashion-forward apparel to tr...
Victoria’s Secret hires Sofia Jirau, its first model with Down syndrome
Sofia Jirau, a 24-year-old Puerto Rican woman with Down Syndrome, stars in Victoria’s Secret’s latest campaign for its lingerie. Source: Victoria’s Secret Victoria’s Secret sai...
No strategy to increase prices despite dim fourth quarter
French luxury goods brand Hermes said Friday it has “no strategy” to significantly increase prices of its prized products despite disappointing fourth quarter results which saw supply fail...
Fed up with rise in thefts and shoplifting, small biz owners take action
They are brazen, aggressive and seemingly acting without a care in the world. Shoplifters are hurting big retailers and chain stores, even reportedly forcing some locations in New York City and San Fr...
Under Armour (UAA) reports Q4 2021 earnings beat
Under Armour shoes are seen inside of a store on November 03, 2021 in Houston, Texas. Brandon Bell | Getty Images Under Armour on Friday reported fiscal fourth-quarter profits and sales ahead of analy...
Peloton internal docs show it slashed 2022 sales goals for apparel unit
Peloton briefly advertised its private-label apparel line outside of a storefront in the SoHo neighborhood of New York City. Source: Kevin Stankiewicz, CNBC Peloton has slashed 2022 sales projections ...
How The North Face is moving to compete with Patagonia
The global outdoor apparel market is a $12 billion industry. For more than a half century The North Face has competed in the space, outfitting mountain climbers and skiers. But the outdoor recreation ...
Retail industry presses ahead with conference, tries to nudge normalcy
Visitors enter the venue at The NRF 2020 Vision: Retail’s Big Show, held in New York, the United States, Jan. 12, 2020. Wang Ying | Xinhua News Agency | Getty Images “The Big Show will go ...
Mastercard CEO says spending trends look ‘relatively positive’ in 2022
Consumer spending trends look “relatively positive” so far this year, Mastercard CEO Michael Miebach told CNBC on Thursday, following strong holiday numbers. Miebach’s comments in an...
Inflation fuels holiday online sales to record $204 billion: Adobe
A worker moves boxes of goods to be scanned and sent to delivery trucks during operations on Cyber Monday at Amazon’s fulfillment center in Robbinsville, New Jersey, November 29, 2021. Mike Sega...
Retailers see staffing challenges as omicron rages, sales taking a hit
A “now hiring” sign is posted on an Urban Outfitters store in San Francisco. David Paul Morris | Bloomberg | Getty Images Retail executives presenting at the virtual ICR Conference this we...
Russell Wilson, Ciara’s House of LR&C is opening its first pop-up store
A fashion start-up co-founded by singer and entertainer Ciara, NFL quarterback Russell Wilson and former Lululemon CEO Christine Day is preparing to open its first brick-and-mortar shop. The House of ...
Abercrombie & Fitch trims holiday-quarter sales outlook
Customers exit an Abercrombie & Fitch store in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Abercrombie & Fitch said Monday that it saw strong demand from consumers ...
Crocs sees fourth-quarter sales up 42%, capping an ‘exceptional year’
Footwear is offered for sale at a Crocs retail store on July 22, 2021 in Chicago, Illinois. Scott Olson | Getty Images Crocs said Monday it sees sales in 2021 climbing about 67% from 2020, more than i...
Lululemon says sees fourth-quarter earnings, sales hurt due to omicron
Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021. David Paul Morris | Bloomberg | Getty Images Lululemon shares fell in premarke...
Lululemon taps former Amazon exec as new CEO of its at-home gym Mirror
Michael Aragon previously served the role of chief content officer of Twitch, Amazon’s livestreaming business. Source: Lululemon Lululemon said Thursday it has named former Amazon exec Michael A...
A map of where the stores are
Macy’s has released a list of the handful of department stores that it plans to close this year. It includes six full-line department stores, a Bloomingdale’s outlet store, and a Macy̵...
Nike sues Lululemon for patent infringement over at-home Mirror gym and fitness apps
Nike on Wednesday filed a lawsuit accusing Lululemon of patent infringement over the apparel maker’s at-home Mirror fitness device and related mobile applications. Nike claims that in 1983, it i...
Omicron variant likely to fuel inflation, as Americans keep shopping, economist says
damircudic | E+ | Getty Images The spread of the highly infectious omicron variant is likely to fuel more inflation, as Americans keep shopping instead of spending more outside of the home, according ...
Macy’s cuts store hours at all of its stores as Covid cases spike
Macy’s flagship store in Herald Square in New York, Dec. 23, 2021. Scott Mlyn | CNBC Macy’s is shortening store hours for the rest of the month as coronavirus cases spike in the United Sta...