[ad_1] Shares in the world’s top sportswear companies slumped on Friday after apparel giant Nike…
Footwear
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STOCK MARKET
Nike eyes $2 billion in cost cuts in effort to ‘streamline’ amid softer outlook
by userby user[ad_1] Nike Inc. on Thursday said it was looking for ways to save $2 billion…
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[ad_1] VF Corp.’s stock fell 7.1% Monday after the company said it detected a cybersecurity…
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STOCK MARKET
Temu and Shein aren’t much of a threat to established brands like Nike, Stifel says
by userby user[ad_1] The threat to established U.S. footwear and clothing brands from Chinese apps Shein and…
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STOCK MARKET
Lululemon’s stock heads for record high as bullish analysts shrug off soft guidance
by userby user[ad_1] Lululemon Athletica Inc.’s stock rose 3.7% Friday to put it on track for a…
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STOCK MARKET
Lululemon warns of worse-than-expected profit and sales for holiday quarter
by userby user[ad_1] Lululemon Athletica Inc. late Thursday called for lower-than-expected holiday-quarter figures, saying that it has…
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STOCK MARKET
DSW parent DBI’s stock craters as earnings are hurt by shrinking demand for footwear
by userby user[ad_1] Designer Brands Inc.’s stock slid 34% Tuesday, after the parent to footwear brands including…
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STOCK MARKET
Dr. Martens shares plunge to all-time lows as shoemaker cuts guidance on weak U.S. sales
by userby user[ad_1] Shares in Dr. Martens PLC plunged to all-time lows on Thursday after the British…
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STOCK MARKET
Adidas sells another $373 million worth of Yeezy stock after cutting ties with Kanye West
by userby user[ad_1] Adidas sold €350 million ($373 million) worth of Yeezy branded apparel in the third…
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STOCK MARKET
Birkenstock garners mostly bullish ratings after IPO but is still languishing below its issue price
by userby user[ad_1] Birkenstock Holding Ltd.’s stock rose Monday as analysts initiated coverage of the iconic German…