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Apparel Retail

New Balance, WNBA sign multiyear partnership

by Tudur Aled
New Balance, WNBA sign multiyear partnership

Cameron Brink #22 of the Los Angeles Sparks plays defense against Bridget Carleton #6 of the Minnesota Lynx on June 5, 2024 at Crypto.com Arena in Los Angeles, California.  Juan …

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Burberry replaces CEO, suspends dividend; shares dive 11%

by Joseph Addison
Burberry replaces CEO, suspends dividend; shares dive 11%

Pedestrians walk past a Burberry Group Plc store, left, in the Causeway Bay shopping district of Hong Kong. Xaume Olleros | Bloomberg | Getty Images Shares in Burberry plunged 11% …

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Bandit Running Unsponsored Project decks out Olympic hopefuls

by Tudur Aled
Bandit Running Unsponsored Project decks out Olympic hopefuls

Christopher Royster, left, and JT Smith, athletes who participate in Bandit Running’s Unsponsored Project, at the 2024 Olympic trials in Eugene, Oregon. Courtesy: Bandit Running There’s an army of unsponsored …

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Nike CEO John Donahoe under fire from Wall Street after Q424 report

by Tudur Aled
Nike CEO John Donahoe under fire from Wall Street after Q424 report

People wearing protective face masks walk past the closed Nike store on 5th Avenue during the outbreak of Covid-19 in New York City on May 11, 2020. Mike Segar | …

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Nike (NKE) earnings Q4 2024

by Joseph Addison
Nike (NKE) earnings Q4 2024

Nike shoes and logo are seen at a store in Nice, France on May 28, 2024. Jakub Porzycki | Nurphoto | Getty Images Nike on Thursday reported its slowest annual …

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Dollar Tree (DLTR) earnings Q1 2024

by Tudur Aled
Dollar Tree (DLTR) earnings Q1 2024

An exterior view of a Dollar Tree store in Bloomsburg Pennsylvania.  Paul Weaver | Sopa Images | Lightrocket | Getty Images Dollar Tree announced Wednesday it is considering a sale …

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American Eagle (AEO) earnings Q1 2024

by Tudur Aled
American Eagle (AEO) earnings Q1 2024

American Eagle on Wednesday said it’s making gains in boosting profitability as it works to improve its product assortment and tweak operations. Still, its fiscal first-quarter sales came in weaker …

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Is there a pullback in consumer spending? Here’s what CEOs say

by Tudur Aled
Is there a pullback in consumer spending? Here’s what CEOs say

People walk past a Sweetgreen restaurant in Manhattan on September 14, 2023.  Jeenah Moon | The Washington Post | Getty Images With higher prices and elevated interest rates stubbornly sticking …

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Facebook and Nike diversity manager gets prison for fraud

by Isabel Allende
Facebook and Nike diversity manager gets prison for fraud

Barbara Furlow-Smiles attends the 2020 Sisters’ Awards at Skirball Cultural Center on March 08, 2020 in Los Angeles, California. Robin L. Marshall | Getty Images A former diversity manager at …

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Nike CEO blames remote work for innovation slowdown

by Tudur Aled
Nike CEO blames remote work for innovation slowdown

Nike President and CEO John Donahoe. Source: Nike Nike CEO John Donahoe on Friday blamed remote work for the company falling behind on innovation, saying that it’s tough to be …

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