THG shares continue rollercoaster ride after disappointing results THG shares can’t seem to stay on an even keel. No sooner did they rise 40% Monday after news of a takeover approach for the company than they fell almost 20% on…
Lululemon names new chief merchandising officer Lululemon has appointed Elizabeth Binder as chief merchandising officer, a new position at the Canadian athleticwear company. Elizabeth Binder – Courtesy Binder will lead the development and execution of the company’s global merchandising strategy, and…
Nordstrom to expand assortment of diverse brands with The Folklore Group Nordstrom Nordstrom to expand assortment of diverse brands with The Folklore Group. – Nordstrom As part of the partnership, through The Folklore Connect platform, a first-of-its-kind e-commerce tool, Nordstrom…
U.S. consumer confidence rises as Americans shrug off bank failures By Reuters U.S. consumer confidence unexpectedly increased in March despite recent financial market turmoil sparked the collapse of two regional banks, but Americans continued to expect inflation to remain elevated…
Aerosoles expands into sleepwear Aerosoles is expanding into sleepwear via a new licensing agreement with United Intimate Group. Aerosoles expands into sleepware. – Aerosoles Under the agreement, the global footwear brand, which was acquired by American Exchange Group in 2022,…
Portugal’s shoemakers rethink business models, recycle in green push By Reuters API Fashion The factory worker grabbed a handful of worn-out shoes and fed them into roaring machines that chopped and crushed and transformed them into “eco-rubber” – part of…
New York Fashion Week, more diverse than ever, opens Friday New York Fashion Week See catwalkAfter a SS23 show in Paris, Thom Browne will be showing in New York on Valentine’s day – © ImaxTree The opening show on the…
Amazon will not cut jobs in Italy, unions say after meeting By Reuters API Amazon Reuters Amazon.com Inc said earlier this month it planned to cut over 18,000 jobs globally and later disclosed it would shut three warehouses in Britain,…
Nike cuts ties with Brooklyn Nets’ Kyrie Irving By Reuters API Nike Kyrie Irving – Reuters Irving faced heavy criticism after he posted a link to the 2018 documentary film on Twitter Irving could not be immediately reached for comment…
Gildan Activewear reports record full-year sales despite lacklustre Q4 Canada’s Gildan Activewear American Apparel The Montreal-based company said revenues for the twelve months ending January 1 increased 11% to $3.2 billion, reflecting a 17% increase in activewear sales to to…
