Tag: Apparel and Textile Products

Japan’s Fast Retailing (9983.T), owner of the Uniqlo clothing brand, said on Thursday higher U.S. tariffs would start impacting its U.S. operation significantly from later this year and it planned to raise prices to mitigate the blow.

Nike’s fiscal fourth quarter was a rough one, albeit better than feared. Sales slid more than 10% from a year ago and the company warned that tariffs would increase operating costs by more than $1 billion in the current fiscal year.

Swedish clothing giant H&M on Thursday pointed to an uptick in demand to kick-start the summer season, sending shares higher.

Burberry (LON:BRBY) shares rose more than 5% in London trading on Wednesday as Wall Street analysts adopted a more positive stance ahead of the company’s first-quarter trading update due July 18.

Shares of French fashion house Kering popped as much as 10% on Monday on reports that it has appointed industry outsider Luca de Meo as group CEO.

Zara owner Inditex on Wednesday posted weaker-than-expected quarterly sales and flagged a slower start to the summer season than last year amid broader economic uncertainty.

Lululemon beat Wall Street expectations for fiscal first-quarter earnings Thursday, but cut its full-year earnings guidance, citing a “dynamic macroenvironment.”

Victoria’s Secret on Tuesday disclosed that it detected a security incident relating to information technology systems, which led to the lingerie maker temporarily shutting down its website for roughly three days in late May.

GAP beat expectations for its fiscal first quarter, but the stock tumbled ahead of the open Friday after the retailer warned tariffs could dent full-year profit by more than $100 million.

Abercrombie & Fitch (ANF) shares surged 25% in premarket trading on Wednesday after it posted better-than-expected first-quarter results and forecast strong annual sales as the apparel retailer’s move to introduce fresh styles such as printed jeans and dresses helped draw more shoppers.

Deckers Outdoor Corporation (NYSE:DECK) shares plummeted sharply after the footwear company issued weaker-than-expected guidance for the current quarter, overshadowing better-than-anticipated fourth-quarter results.

Ralph Lauren surpassed fourth-quarter revenue and profit estimates on Thursday, helped by resilient demand for its classic Polo shirts and spring dresses, sending its shares up 3% in premarket trading.

Nike (NKE.N), is planning to raise prices of some products from next week and will sell items on Amazon (AMZN.O), after six years, the company said on Wednesday.

Apparel and footwear maker VF Corp on Wednesday missed fourth-quarter revenue estimates as a challenging macroeconomic environment dampened its consumer demand, sending its shares down about 11% in premarket trading.

TJX Cos maintained annual forecasts and beat Wall Street expectations for first-quarter sales on Wednesday, as shoppers looking for deals to save money in the face of growing economic uncertainties flocked to the stores of the off-price retailer.

Shares of Canada Goose rose around 8% on Wednesday after the company reported fiscal fourth-quarter earnings that beat analysts’ estimates, though the company pulled its fiscal year 2026 outlook due to “macroeconomic uncertainty.”

Burberry (BRBY.L), plans to shed 1,700 jobs or around a fifth of its global workforce, it said on Wednesday, as the British luxury brand cuts costs to revive its performance, sending its shares up 8%.

Under Armour Inc.’s stock rose 2% in premarket trading on Tuesday after the sports-clothing giant’s fiscal first-quarter outlook topped Wall Street estimates, with its chief executive saying the company’s turnaround efforts are bearing fruit.

Hugo Boss on Tuesday pointed to deteriorating U.S. consumer confidence, with uncertainty around tariffs, recession risks and immigration policy dampening both domestic and tourist spend in its largest single market.

Sportswear giant Adidas on Tuesday said that U.S. President Donald Trump’s tariffs would result in price hikes for all its U.S. products.