apparel

Shein Sees Its Fast Fashion Sales Eclipsing Zara and H&M Combined
Shein Sees Its Fast Fashion Sales Eclipsing Zara and H&M Combined
February 17, 2023  |  Retail

Shein is reportedly telling investors that it plans to double its revenue by 2025. The Financial Times (FT) reported Friday (Feb. 17) that the online...

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Shein Rival Temu Uses Super Bowl to Enter Fast-Fashion Fight
Shein Rival Temu Uses Super Bowl to Enter Fast-Fashion Fight
February 13, 2023  |  Retail

The fast-fashion world’s four-way battle could have a fifth player in Temu. The eCommerce company has been operating in the U.S. since last year but...

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Adidas Could Lose $1.3B in 2023 From Unsold Yeezy Inventory
Adidas Could Lose $1.3B in 2023 From Unsold Yeezy Inventory
February 10, 2023  |  Retail

Adidas’ breakup with Ye could lead to a revenue loss of 1.2 billion euros (about $1.3 billion) in 2023. The sportswear company said in a...

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Ralph Lauren Promotes ‘Timeless’ Brands to Next-Gen Consumers 
Ralph Lauren Promotes ‘Timeless’ Brands to Next-Gen Consumers 
February 09, 2023  |  Retail

Ralph Lauren is offering the Fortnite llama alongside its iconic polo pony. While reporting 1% revenue growth during the quarter ended Dec. 31, the luxury lifestyle...

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Under Armour Extends 4-Month 90% Rally as New Management Drives Change
Under Armour Extends 4-Month 90% Rally as New Management Drives Change
February 08, 2023  |  Retail

Under Armour’s stock has risen 90% in the months since announcing a leadership change. Now, the athleticwear maker is hoping to continue that success, with...

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North Face Parent VF Corp Mulls Asset Sales, Sharper Focus as Vans Slumps
North Face Parent VF Corp Mulls Asset Sales, Sharper Focus as Vans Slumps
February 08, 2023  |  Retail

Innovation and a better shopping experience are on the agenda for the Vans brand. These targets are being pursued after the action sports footwear and...

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Children’s Place Surprised by High Cotton, Air Freight and Container Costs
Children’s Place Surprised by High Cotton, Air Freight and Container Costs
February 06, 2023  |  Retail

Unexpected supply chain costs took a toll on The Children’s Place in the fourth quarter. The children’s specialty apparel retailer said in Monday (Feb. 6)...

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Skechers Says Comfortable Products and Omnichannel Sales Drive Record Growth
Skechers Says Comfortable Products and Omnichannel Sales Drive Record Growth
February 03, 2023  |  Retail

Comfortable shoes, widespread product distribution and marketing are paying off for Skechers. The footwear and apparel brand has achieved four consecutive quarters of record sales...

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Hanes, Champion Brands Slump as Retailers Don’t Replenish Inventory
Hanes, Champion Brands Slump as Retailers Don’t Replenish Inventory
February 02, 2023  |  Retail

HanesBrands says retailers’ decisions to reduce inventories has led to a slump in sales. The apparel maker reported quarterly earnings Thursday (Feb. 2) showing that...

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