Levi Strauss & Co. (LS&Co.) has announced the next steps in a leadership transition plan announced about 13 months ago. President and CEO Chip Bergh will retire from the brand-name apparel company on April 26, LS&Co. said in a Thursday (Dec. 7) press release. Michelle Gass, who...
The current state of the consumer, a concern that has been regularly reflected during the past quarter at PYMNTS, is very real for DSW’s parent company Designer Brands. Consumers are looking for the best value, and more often than not it can be found in...
The rising popularity of certain weight loss drugs might end up helping apparel makers. That’s according to a recent survey by investment banking firm Stifel, the subject of a Saturday (Dec. 2) report from Seeking Alpha. That survey found that 15% of respondents are on GLP-1 medications...
Direct-to-consumer (D2C) clothing and footwear retailer Allbirds on Tuesday (Aug. 8) posted “better-than-expected” second quarter earnings, amid decreases in average selling prices, currency exchange headwinds and an overall challenging macroeconomic environment. This comes as the San Francisco-based footwear brand continues to focus on transforming its business...
December 06, 2023
The current state of the consumer, a concern that has been regularly reflected during the past quarter at PYMNTS, is very real for DSW’s parent company Designer Brands. Consumers are looking for the best value, and more often than not it can be found in the clearance aisle. But unfortunately, it wasn’t enough to create […]
April 09, 2019
Amazon failed Ted Mann, CEO of Slyce, a visual search firm, when it came to the cheesy sweater — the one with, in his words, “little teddy bears all over it.”...
December 07, 2023
Levi Strauss & Co. (LS&Co.) has announced the next steps in a leadership transition plan announced about 13 months ago. President and CEO Chip Bergh will retire from the brand-name apparel company on April 26, LS&Co. said in a Thursday (Dec. 7) press release. Michelle Gass, who is the company’s president, will succeed Bergh as president and […]
December 03, 2023
The rising popularity of certain weight loss drugs might end up helping apparel makers. That’s according to a recent survey by investment banking firm Stifel, the subject of a Saturday...
August 08, 2023
Direct-to-consumer (D2C) clothing and footwear retailer Allbirds on Tuesday (Aug. 8) posted “better-than-expected” second quarter earnings, amid decreases in average selling prices, currency exchange headwinds and an overall challenging macroeconomic environment....
April 12, 2018
The Gap, Inc. — after many quarters of sales struggles — seems to be bouncing back as of late. According to CEO Art Peck, the secret to the brand’s refound success is...
