LVMH shares jump 8% as earnings point to luxury sector resilience
Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, speaks during a press conference to present the 2023 ...
Tag: Apparel Retail
Nike, Foot Locker shares sink after athletic apparel maker cuts revenue outlook
Nike shares plunged Friday after the athletic apparel maker cut its revenue outlook for the fiscal year, with sneaker retailer ...
Vans owner VF Corp. shares tumble as it says cyberattack could hamper holiday fulfillment
A Vans store is seen in Hong Kong.Budrul Chukrut | LightRocket | Getty ImagesShares of The North Face and Vans ...
Temu files fresh lawsuit against Shein, accusing its rival of ‘mafia-style intimidation’
Global online shopping platform Temu is already climbing the ranks in the U.S. Apple Store.Bloomberg | Bloomberg | Getty ImagesChinese ...
Adidas shares climb after boost from Yeezy sales, guidance raise
Shoes are offered for sale at an Adidas store in Chicago, Feb. 10, 2023.Scott Olson | Getty ImagesAdidas on Tuesday ...
Consumers starting to buckle for first time in a decade, former Walmart U.S. CEO Bill Simon warns
The draw of bargains may be fading.As three of the nation's biggest retailers kick off a key sales week, former ...
Carousell says it’s ‘on track’ to profitability, plans to reduce losses this year
Secondhand goods marketplace Carousell expects to "healthily" reduce its losses this year, putting it on track to profitability, the firm's ...
Lululemon ups guidance after ‘strong’ growth in China boosts quarterly sales
A customer enters a Lululemon store on June 02, 2023 in Corte Madera, California.Justin Sullivan | Getty ImagesLululemon raised its ...
