Gildan Activewear sees sales of $896m in Q2 By Fibre2Fashion Canadian clothing manufacturer Gildan Activewear “We are pleased with our record sales and earnings for the quarter, underpinned by the Gildan sustainable growth strategy, including our focus on innovation and…
Authentic Brands is in pole position to buy Ted Baker Ted BakerAuthentic Brands Ted Baker Not that any deal is assured and one weekend report also said ABG may pull its bid and spend its cash elsewhere. Juicy CoutureReebokDavid Beckham…
Abercrombie shares drop 30% as high costs dent margin forecast By Reuters Abercrombie & Fitch Decades-high inflation has pushed consumers to cut spending on discretionary goods such as apparel, while persistent supply chain issues, worsened by the war in Ukraine,…
Walmart says some suppliers working with retailer to cut prices Senior Walmart Inc executives said on Friday some suppliers have been responding to the largest U.S. retailer’s efforts to lower prices despite their own struggles with high inflation, material and…
Canada retail sales up 3.2% in January, seen falling 0.5% in February By Reuters Canadian retail sales bounced back in January, beating expectations, as shoppers ventured out to car dealerships and home improvement shops, official data showed Friday, though February…
Amazon files legal complaints in Italy, Spain against fake review brokers By Reuters U.S. e-commerce giant Amazon Reuters Amazon has long been battling with fake or manipulated reviews and the problem has only worsened as more people flocked to its…
Kathmandu launches in UK, France, Germany Kathmandu Kathmandu The range is now available online in the UK, France and Germany via the brand’s dedicated country webstores, as well as through select retail partners. The announcement of its European plan was…
Kevin Bailey is new Vans global President VF Corp’s Kevin Bailey — who’s recently been President, Asia-Pacific Region and Emerging Brands — is moving to a major new role at the firm as he steps up to be Global Brand…
Pinterest to acquire The Yes Pinterest Pinterest to acquire The Yes. – Facebook: Pinterest Founded in 2018 by CEO Julie Bornstein, and CTO, Amit Aggarwal, The Yes provides a personalized daily shopping feed based on users active input on brand,…
Lululemon lifts annual forecasts as affluent shoppers snap up new launches Lululemon Athletica Inc on Thursday raised its annual profit and revenue forecasts as demand from affluent customers for its new belt bags, golf and tennis clothing cushions the blow…
