Tag: Apparel and Textile Products

Adidas accuses Australian label White Fox of ‘trading off its reputation’ with use of four-stripe branding

Global sportswear brand Adidas claims Australian label White Fox is trying to trade off its reputation by infringing its distinctive three-stripe trademark. Adidas is suing the online fast-fashion retailer in the Federal Court for selling clothes with a four-stripe design, which it argues is deceptively similar to its classic design.

Levi Strauss hikes profit guidance after tariff refunds, but its sales outlook is less optimistic

Levi Strauss on Wednesday increased its profit outlook after it received tariff refunds, but gave less rosy revenue guidance. The denim retailer raised its adjusted earnings per share expectation for the full fiscal year to between $1.54 and $1.56, from a previous range of $1.46 to $1.52.

Uniqlo owner Fast Retailing logs 32% jump in FY profit, forecasts slowing growth

Uniqlo owner Fast Retailing on Thursday announced a near 32% jump in its annual operating profit, clocking a fifth consecutive record profit as the apparel maker benefited from strong Japanese and overseas demand. 

Lululemon poaches Athleta CEO as new chief product officer

Lululemon announced Wednesday that Athleta CEO Maggie Gauger is joining the company as president and chief product officer, effective later this month.

Nike shares plummet 10% after weak revenue outlook and layoff plans underway

Nike’s shares plummeted in premarket trading Friday, falling for a second straight day after it reported falling revenue and plans to lay off staff in 2027. The sportswear giant said Thursday that its fiscal first-quarter revenues were down 4% to $11.2 billion, citing declines in Greater China, which was partially offset by growth in its North America segment.

Armani to kick off stake sale talks with LVMH and L’Oréal

Armani is poised to kick off formal talks with the three potential investors anointed in the will of Giorgio Armani as it thrashes out a new strategy without the designer who kept an iron grip on the business for fifty years.

H&M stock slides as tepid growth outlook offsets Q3 profit beat

H&M posted a bigger-than-expected rise in third-quarter operating profit Thursday, as the Swedish fashion retailer’s cost-control efforts and purchasing improvements drove margins higher.

ΛΑΝΑΚΑΜ: Στα 1,28 εκατ. ευρώ ο κύκλος εργασιών το α’ εξάμηνο

O κύκλος εργασιών του Ομίλου ανήλθε σε 1.287.009,10 ευρώ για το πρώτο εξάμηνο 2026 και αντίστοιχα 1.244.932,53 ευρώ για το πρώτο εξάμηνο του 2025. Ο κύκλος εργασιών της εταιρείας ανήλθε στο ποσό των 1.261.193,41 ευρώ για το πρώτο εξάμηνο 2026 και αντίστοιχα στο ποσό των 1.205.238,55 ευρώ για το πρώτο εξάμηνο 2025.

Swiss brand On plans $1 billion buyback through 2029, sets long-term targets

On Holding, on Tuesday authorized its first share repurchase programme, ​worth up to $1 billion through the end of 2029

Sports brand On signs Kylian Mbappé from Nike to lead new football push

Swiss sportswear brand On has said it will expand into football, signing Kylian Mbappé to spearhead its entry into the sport in a blow to rival Nike, which has sponsored the France star since he was a child.

Hugo Boss chair steps down under pressure from Mike Ashley’s Frasers Group

Hugo Boss supervisory board chair Stephan Sturm is stepping down after little more than a year in the role amid pressure from Mike Ashley’s Frasers Group, which has become the largest shareholder in the German fashion house.

American Eagle Outfitters Stock Slumps on Same-Store Sales Miss

While American Eagle Outfitters’ namesake brand has continued to struggle, its powerhouse label Aerie has become the crown jewel driving growth for the retailer.

Zara Owner Inditex’s Profit Disappoints on Mounting Expenses

Inditex SA’s strong sales growth wasn’t enough to allow the Zara owner to meet operating profit expectations as expenses mounted.

EssilorLuxottica overhauls management after rift with founder’s son

The boss of EssilorLuxottica has overhauled the eyewear group’s senior management after a bitter public clash with its founder’s son and as the company steps up its push into North America.

Lululemon tumbles 17% after another guidance cut; Q2 tops estimates

 Lululemon Athletica Inc. reported second-quarter results that topped earnings expectations but missed on revenue, while issuing another guidance cut that fell drastically short of Wall Street estimates, sending shares tumbling more than 17% in premarket trading Friday.

Victoria’s Secret shares slump 16% on weak Q3 operating income outlook

Victoria’s Secret shares slumped more than 16% in premarket trading Thursday after the company issued a soft third-quarter operating income outlook, overshadowing a second-quarter earnings beat and raised full-year revenue guidance.

Gap Stock Jumps After Strong Earnings, Upbeat Guidance and a New Old Navy CEO

Gap stock is jumping in the Friday premarket, as investors react positively to its upbeat earnings, outlook and a new CEO for its lagging Old Navy division.

Dick’s Sporting Goods Cuts Earnings Outlook as Same-Store Sales Slow. Stock Sinks.

Shares of Dick’s Sporting Goods  dropped sharply Tuesday after the sports retailer cut its fiscal-year profit outlook as second-quarter earnings came in below expectations.

Ross Stores shares rally as strong Q2 results drive outlook upgrade

Off-price retailer Ross Stores lifted its full-year earnings outlook on Thursday after reporting stronger-than-expected second-quarter sales and profit, helped by robust customer traffic and a refund of tariffs.

Μουζάκης: Περιορίζει παραγωγή και ψάχνει λύσεις στο εξωτερικό

Σε περαιτέρω περιορισμό της παραγωγικής της δραστηριότητας προχωρά η Μουζάκης, αναζητώντας παράλληλα εναλλακτικές λύσεις μέσω υφιστάμενων συνεργατών και προμηθευτών στο εξωτερικό, ενώ εξετάζει τρόπους αξιοποίησης των χώρων που απελευθερώνονται από τη συρρίκνωση της παραγωγής.