Apparel Retail
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Levi Strauss beats estimates, offers upbeat guidance for fiscal year
A pair of Levi’s selvedge denim jeans arranged in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Levi Strauss…
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Hate fast fashion? You can compost this new streetwear clothing line
Fast fashion is big business, but it is also a big polluter, responsible for about 10% of global carbon emissions.…
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Gen Z is driving luxury sales as wealthy shoppers get younger
Peter Cade | Stone | Getty Images Luxury shoppers are getting wealthier and younger, with purchases by some of the…
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South Koreans are the world’s biggest spenders on luxury goods
Handbags displayed in a Chanel SA store window at the Avenuel department store, operated by Lotte Shopping Co Ltd., in…
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Rent the Runway to sell secondhand luxury on Amazon as it chases profitability
Jennifer Hyman, Rent the Runway Scott Mlyn | CNBC Rent the Runway began selling its secondhand luxury clothes Thursday on…
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Nike CEO touts strength in Gen Z China shopper as Covid disruptions dent regional sales
John Donahoe Daniel Acker | Bloomberg | Getty Images Nike CEO John Donahoe said Thursday the company is “really focused”…
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Stitch Fix CEO steps down, 20% of salaried workforce to be cut
Katrina Lake, CEO of Stitch Fix Adam Jeffery | CNBC Stitch Fix founder Katrina Lake on Thursday told employees the…
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Adidas employees raised concerns about Ye’s conduct for years, report says
Gilbert Carrasquillo | Getty The chief executive and other senior leaders at Adidas discussed the potential fallout from its relationship…
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Nike sales rise, but supply chain issues and inventories weigh on earnings
A woman shops for shoes in the Nike Factory Store at the Outlet Shoppes at El Paso, in El Paso,…
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Here’s what Walmart, Target, Home Depot and Lowe’s tell us about the state of the American consumer
Compilation of Target, Walmart, Lowe’s and Home Depot stores. Reuters How well is the American consumer holding up against sky-high…
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