Clothing/Textiles
- Stock Market
Nike says ‘newness’ is crucial to its growth. One analyst says it’s not working
As sneaker makers try to stay relevant amid waning demand, Nike Inc. executives on Thursday said they were banking on…
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Retail earnings begin this week. ‘It’s getting worse,’ an analyst says.
Considering three years of economic upheaval that have driven up prices and consumer resentment, consumer spending could be worse. When…
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COVID is evolving quickly in white-tailed deer, study finds
The COVID-19 virus is evolving in white-tailed deer at triple the rate it evolves in humans–and future changes could have…
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Nike’s profit miss makes it ‘abundantly clear’ that U.S. economy faces ‘considerable headwinds,’ analyst says
Shares of Nike Inc. fell on Thursday after the sneaker-maker reported fourth-quarter profit that came up short of Wall Street’s…
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Adidas finally reveals its plan for millions of unsold Yeezy shoes: to sell them for charity
Adidas has finally disclosed what it’s going to do with its millions of unsold pairs of Yeezy shoes left over…
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Bernard Arnault, now worth $210 billion, has extended his lead over Elon Musk on the global billionaires list
There is currently no dispute over who wears the crown of world’s wealthiest person. It isn’t Tesla Chief Executive Elon…
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FDA panel backs plan for annual COVID-19 booster, as new omicron subvariant continues to dominate in new cases
A Food and Drug Administration advisory panel voted unanimously Thursday for Americans to get a once-a-year booster against COVID-19, with…
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China slams Western media for criticism of zero-COVID, as U.S. cases continue to decline
China has accused “some Western media” of bias and political manipulation in covering China’s abrupt dropping of COVID restrictions, which…
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WHO calls on China to release more information on its COVID case surge to learn more about which variants are circulating
The World Health Organization has called on China to release more information about its current wave of COVID infections after…
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Tesla is a ‘soft landing’ stock, says Goldman Sachs. Here are its picks for a gentle economic landing and stocks for a recession.
Pour one out for the beleaguered economists, who for once got an important indicator, the consumer price index, right on…
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