Tag: apparel

American Eagle Q1 Results: Revenue Drops, Strategy Shifts

In its preliminary first-quarter report, American Eagle Outfitters (AEO) described its results as โ€œdisappointing,โ€ prompting the company to reassess its strategies for the months...

DICK’S Acquires Foot Locker in $2.5B Strategic Merger

DICK'S Sporting Goods, Inc. (NYSE: DKS), a prominent U.S.-based omni-channel sporting goods retailer, has entered into a definitive merger agreement to acquire Foot Locker,...

Lululemon Commits To 50% Renewable Electricity Target For Core Suppliers

VANCOUVER, British Columbia โ€” Lululemon, global performance apparel, footwear, and accessories company, hasย publicly committedย to achieving a 50% renewable electricity target across its core suppliers...

Marimekko Plans 2025 Expansion with Focus on Asia Market

Finnish fashion and textiles company Marimekko Group forecasts a rise in net sales for 2025 compared to 2024, with a projected operating profit margin...

Retailers Face Challenges in Meeting In-Store Tech Needs

A recent study by RSR, in collaboration with retail technology provider Jumpmind, reveals that fashion, apparel, and specialty stores are at the forefront of...

Mytheresa Projects $4.3B in FY25 Sales Following Strong Q3

German digital luxury group LuxExperience has reported the financial results of its legacy Mytheresa standalone business for the third quarter of fiscal 2025 (Q3...

Primark Launches Sustainable Fashion Repair Workshops in US

Primark has introduced free workshops in its US stores to teach essential repair and upcycling skills, such as fixing hems, attaching buttons, and adding...

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