Adidas Raises Yearly Guidance with Boost from Yeezy Sales
April 18, 2024 : In a positive development for investors, Adidas AG, a leading sportswear manufacturer, announced an upward revision to its full-year financial guidance.
Billy Reid Acquires Knot Standard’s DTC Business
In a move that strengthens its retail presence and expands its made-to-measure offerings, American fashion house Billy Reid announced the acquisition
Walmart Marks, 51st Year of Increases, Raises Annual Dividend by 9%
February 21, 2024 : Buoyed by the enduring popularity of its iconic clogs, Crocs Inc. has reported another banner year, shattering its revenue records
Crocs Achieves Record Annual Revenue, Nearing $4B Milestone
February 20, 2024 : Buoyed by the enduring popularity of its iconic clogs, Crocs Inc. has reported another banner year, shattering its revenue records
Nike Initiates Workforce Restructuring, Plans 2% Employee Layoff
February 19, 2024 : In a move designed to streamline operations and reignite growth, sportswear giant Nike has announced a planned workforce
Jeff Bezos Offloads Over $2 Billion in Amazon Stock
February 15, 2024 : In a move fueling speculation about future investment plans, e-commerce titan Jeff Bezos has executed the sale of over $2 billion worth of Amazon stock.
Apparel Retailer Express Faces Looming Debt Restructuring or Bankruptcy, Reports WSJ
February 14, 2024 : Apparel retailer Express Inc. finds itself navigating a potentially turbulent path, as The Wall Street Journal reported on Monday, February 12th, 2024.
Hoka Appoints 17-Year Nike Veteran as Brand President
February 13, 2024 : Hoka, the footwear giant known for its maximalist running shoes, has announced the strategic appointment of Robin Green as its new brand president.
Bergdorf Goodman Ventures into Independent E-Commerce Amid Neiman Marcus Group Changes
February 9, 2024 : Bergdorf Goodman, the iconic New York City luxury department store, announced a pivotal shift in its digital strategy,
Yum Brands Falls Short Amid Middle East Tensions Impacting Sales Growth
February 8, 2024 : Yum Brands, the parent company of fast-food giants like KFC and Taco Bell, reported disappointing financial results for the fourth quarter of 2023,
