Tag: Apparel and Textile Products

The German company’s stock, listed on the New York Stock Exchange last year, has struggled to conserve its gains this year

Zara owner Inditex posted a rare miss on quarterly sales and profit on Wednesday, although the world’s biggest listed fast-fashion retailer said the holiday shopping season had got off to a good start.

Shares of Foot Locker were trading sharply lower Wednesday after the shoe retailer posted a weak quarter and slashed its financial outlook.

Lululemon facing its slowest quarterly growth in more than four years, will have to deal with Wall Street questions on whether it has made significant strides toward fast-tracking trendier styles to its stores to better compete with athleisure upstarts.

Foot Locker Inc. is planning to expand its Home Court basketball serious developed with Nike Inc. in stores worldwide, part of an effort for the longtime partners to mend their frayed relationship. 

Even as its namesake stores struggle while inflation and a range of other anxieties endure, Urban Outfitters Inc. on Tuesday said its shoppers hung in there during the third quarter, giving them more confidence about the key holiday-shopping period.

Gap shares soared 15% premarket on Friday, as a return to growth at all four of its brands after nearly two years encouraged the apparel retailer to lift its annual sales forecast in a robust start to the holiday shopping season.

JD Sports Fashion Plc has revised its profit guidance for the full year, warning investors to expect earnings at the lower end of its previously forecast range of £955 million to £1,035 million, sending its shares tumbling by over 13%.

Stock rises nearly 15% as luxury brand sets out plan to refocus on core products such as trench coats and scarves

Capri and Tapestry called off their merger on Thursday after the Federal Trade Commission successfully sued to block the megadeal.

Capri stock was down in after-hours trading Thursday. Capri Holdings  stock just can’t get a break. Shares took a tumble Thursday after the company posted a softer-than-feared second quarter.

Steve Madden, a $3 billion shoe company, announced Thursday that it would rapidly halve its Chinese production to avoid Trump’s tariffs. Those plans have been in place for a long time, in anticipation of a Trump victory, according to Steve Madden’s CEO Edward Rosenfeld.

Sportswear maker Under Armour raised its annual profit forecast on Thursday, betting on lower input costs and cost-saving strategies such as offering lower discounts at its own stores and website.

Hugo Boss’ on Tuesday reported that its third-quarter operating profit slightly exceeded expectations, but said it wouldn’t reach its revenue and profit growth targets for 2025 amid tepid demand, sending shares lower in morning trading.

Shares in Burberry rose as much as 8% on Monday after website Miss Tweed reported that Italy’s Moncler was considering a bid for the London-listed luxury group to create an outdoor clothing specialist giant.

Shares of VF Corp. rocketed higher after hours on Monday after the parent company of Vans and the North Face reported second-quarter results that beat expectations, as it looks to tighten up operations and get out from under billions in debt following losses and weaker sneaker demand.

Adidas saw strong growth in Greater China in the third quarter, while sales in North America excluding Yeezy shoes were up on the year thanks to improving brand image, the company said on Tuesday.

 Deckers Outdoor shares jumped about 15% in premarket trading on Friday after the shoemaker raised its annual sales forecast and beat second-quarter expectations, on resilient

Shares of Michael Kors owner Capri slumped nearly 46% in premarket trading on Friday after a U.S. judge blocked its pending $8.5 billion merger with handbag maker Tapestry.

Nike will be the exclusive uniform and apparel provider for the National Basketball Association and Women’s National Basketball Association for another 12 years after they renewed their partnership with the sneaker giant, the leagues announced Monday.