Renzo and Andrea Rosso Push OTB’s Sustainability Agenda to New Heights
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Record Sales at Skechers Leads to Double-Digit Stock Gains at Year End
Skechers broke both full year and Q4 sales records, the company announced in its year-end report, boosting…
Fitch Upgrades Levi Strauss & Co. as Growth Improves
Credit ratings firm Fitch upgrades Levi's issuer default rating; the denim brand is looking at an IPO for Q1…
Amazon’s Q4 Beats Estimates, But Q1 Guidance Disappoints Investors
Amazon posted Q1 earnings on Thursday, and is growing its web services business, but Q1 guidance disappointed…
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Deal Reached to Reopen US Government Through Feb. 15
Lawmakers reached a deal to reopen the government through Feb. 15, but now must reach an agreement on border…
Fundbox Adds B2B Trade Credit Capability to Unlock Cashflow for Retailers
Fundbox's new B2B trade credit and payment service uses AI to help retailers provide quick payment to vendors.
Nike to Benefit from Adidas’ Slowdown, Says Morgan Stanley Analyst
Morgan Stanley analysts believe Adidas AG and Nike Inc. are at crossroads, with Adidas continuing to slowdown…
VF Corp. Shares Jump on Q3 Results; Company Raises Guidance for Fiscal Year 2019
VF Corp. raised full year fiscal 2019 guidance after posting Q3 results that bested Wall Street's…
Teen Retailer Styles for Less Files for Bankruptcy
Styles for Less, the latest casualty of casual teen retail's demise, has filed for Chapter 11 bankruptcy.
Financial Roundup: Gildan Gains on Acquisitions, HanesBrands Launches Project Booster, Welspun India Profits Drop, Zumiez April Sales Rise
Things have been good for Gildan since it picked up American Apparel, HanesBrands has a new growth…
Coach Inc., Vince Taking Different Paths Toward Profitability
In a challenging wholesale and retail environment, Coach Inc. saw increased profit margins in the third…
Columbia Sportswear Hits Record Q1 Sales, Income Gains
Despite a difficult retail environment, Columbia Sportswear Co. posted record net sales and net income for…
Ralph Lauren to Trim Costs, Focus on E-Commerce Efforts
Ralph Lauren is making major changes to heighten its market presence.
Walmart Strengthens E-Commerce Plans with New Internal Venture
Walmart is developing its own incubator to ramp up its digital presence.
Textiles Gear Up for Future Expansion and Innovation
From international expansion to prototyping technology, the fiber and textile industries continue to mature…
Gordmans Files for Bankruptcy
Gordmans is the latest victim of the U.S. department store demise.