apparel

TJX Sees Softer Sales of Home Goods After ‘Extraordinary Growth’

TJX Sees Softer Sales of Home Goods After ‘Extraordinary Growth’
TJX Sees Softer Sales of Home Goods After ‘Extraordinary Growth’
February 22, 2023  |  Retail

The TJX Companies saw softer sales at its home businesses after two years of “extraordinary growth.” For full-year fiscal 2023, comparable store sales at the...

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Shein Sees Its Fast Fashion Sales Eclipsing Zara and H&M Combined
Shein Sees Its Fast Fashion Sales Eclipsing Zara and H&M Combined
February 17, 2023  |  Retail

Shein is reportedly telling investors that it plans to double its revenue by 2025. The Financial Times (FT) reported Friday (Feb. 17) that the online...

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Shein Rival Temu Uses Super Bowl to Enter Fast-Fashion Fight
Shein Rival Temu Uses Super Bowl to Enter Fast-Fashion Fight
February 13, 2023  |  Retail

The fast-fashion world’s four-way battle could have a fifth player in Temu. The eCommerce company has been operating in the U.S. since last year but...

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Adidas Could Lose $1.3B in 2023 From Unsold Yeezy Inventory
Adidas Could Lose $1.3B in 2023 From Unsold Yeezy Inventory
February 10, 2023  |  Retail

Adidas’ breakup with Ye could lead to a revenue loss of 1.2 billion euros (about $1.3 billion) in 2023. The sportswear company said in a...

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Ralph Lauren Promotes ‘Timeless’ Brands to Next-Gen Consumers 
Ralph Lauren Promotes ‘Timeless’ Brands to Next-Gen Consumers 
February 09, 2023  |  Retail

Ralph Lauren is offering the Fortnite llama alongside its iconic polo pony. While reporting 1% revenue growth during the quarter ended Dec. 31, the luxury lifestyle...

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Under Armour Extends 4-Month 90% Rally as New Management Drives Change
Under Armour Extends 4-Month 90% Rally as New Management Drives Change
February 08, 2023  |  Retail

Under Armour’s stock has risen 90% in the months since announcing a leadership change. Now, the athleticwear maker is hoping to continue that success, with...

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North Face Parent VF Corp Mulls Asset Sales, Sharper Focus as Vans Slumps
North Face Parent VF Corp Mulls Asset Sales, Sharper Focus as Vans Slumps
February 08, 2023  |  Retail

Innovation and a better shopping experience are on the agenda for the Vans brand. These targets are being pursued after the action sports footwear and...

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Children’s Place Surprised by High Cotton, Air Freight and Container Costs
Children’s Place Surprised by High Cotton, Air Freight and Container Costs
February 06, 2023  |  Retail

Unexpected supply chain costs took a toll on The Children’s Place in the fourth quarter. The children’s specialty apparel retailer said in Monday (Feb. 6)...

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