25 May Shoe Carnival Eyeing Opportunity To Gain Share In Athletic Footwear
Shoe Carnival lowered its full-year guidance as the first quarter was impacted by consumers pulling back due to inflation and lower federal tax refunds. However,...
Author: Jolie Gracia
25 May Nike Announces Senior Leadership Realignment
Nike, Inc. made leadership changes to continue building on the brand’s strong momentum and underscore the company’s “commitment to product innovation, serving athletes and brand...
25 May Burlington Stores Comps Rise 4 Percent In First Quarter As Net Income Doubles
Burlington Stores, Inc. reported fiscal first-quarter total sales increased 11 percent to $2.13 billion for the 13-week period ended April 29, compared to $1.93 billion...
22 May Adidas To Start Selling Yeezy Product At End Of May
Adidas reported it would start selling its stockpile of millions of unsold Yeezy sneakers later this month from its defunct partnership with rapper Kanye West....
22 May Farfetch Limited, New Home To Reebok In Europe, Posts Solid Q1 Revenue Growth
Farfetch Limited, the London-based global luxury fashion goods platform and the new home for the Reebok brand in Europe and global collaborations, reported that first-quarter...
19 May On’s First Quarter Profits Surge With 78 Percent Revenue Gain
On Holding AG’s profits tripled in the first quarter on strong margin improvement and 78 percent sales growth. The Swiss running brand’s results easily topped...
19 May Retail Sales Inch Up In April, Driven By Inflation; Sporting Goods Stores See Decline
Retail sales, which are adjusted for seasonality but not for inflation, rose 0.4 percent in April from March, the Department of Commerce reported on Tuesday,...
19 May Lululemon’s Global Creative Director Passes Away
Phil Dickinson, Lululemon’s SVP and global creative director and previously a 15-year Nike veteran, has passed away. The cause of his death was not disclosed. Dickinson...
19 May Coresight Research: Nike Tops Apparel/Footwear Sellers On Amazon
Nike bounced back substantially to regain its position as the most popular apparel and footwear brand selling on Amazon, overtaking the e-tailer’s private label range...
15 May Allbirds’s Co-Founder Tim Brown Transitions To Non-Executive Role
Allbirds said in a regulatory filing that Tim Brown had transitioned from co-chief executive officer to co-founder and chief innovation officer, a non-executive role. The change in...