Poshmark Q3 exceeds expectations despite ‘tough’ consumer outlook Poshmark During the quarter, the company’s losses widened to $23.5 million, from a net loss of $6.9 million, in the prior-year quarter – Poshmark The Redwood City, California-based company said GMV for…
Lululemon names Isabel Ge Mahe to board Lululemon athletica inc. announced on Tuesday the appointment of Isabel Ge Mahe to serve on its board of directors. Lululemon names Isabel Ge Mahe to board of directors. – Facebook: Lululemon Ge Mahe…
Skechers signs British musician Myleene Klass as new ambassador By Fibre2Fashion Musician, presenter and entrepreneur Myleene Klass has been signed on as ambassador for the Skechers “Skechers has been part of my family’s wardrobe for years. As a busy working…
Parkdale – Committed to creating innovative solutions for the textile industry Sponsored Article As the world’s leading manufacturer of spun yarns, is fully committed to creating innovative and cost-effective solutions that protect the environment and improve lives. With over 29 manufacturing plants in the U.S.,…
Foot Locker records lacklustre sales, CEO to retire Foot Locker Foot Locker The New York-based retailer said total revenues for the second quarter fell by by 9.2%, to $2.065 billion, compared with sales of $2.275 billion in the second quarter of…
Uniqlo owner expected to post 30% profit rise, as investors eye China results By Reuters Second-quarter results from Japan’s Fast RetailingUniqlo Uniqlo The company, Japan’s biggest retailer, reported a 2% dip in operating profit in the first quarter, partly due…
U.S. retail sales unchanged; consumers showing resilience By Reuters U.S. retail sales were unexpectedly flat in September as households cut back on purchases of motor vehicles and other big-ticket items like electronics and appliances amid stubbornly high inflation and rapidly…
VF Corp unveils five-year growth strategy, cuts FY23 guidance on weak Q2 VF Corp. announced on Wednesday a new strategy to accelerate revenue growth by a compound annual growth (CAGR) rate of mid- to high-single digits by 2027, as it looks to…
Forever 21 launches new ‘Forever LA’ mural campaign Forever 21Gap Forever 21 launches new Forever LA mural collection. – Forever 21 In particular, the collaboration will engage local Boys & Girls Clubs across LA, with the aim to encourage local…
U.S. retail sales unexpectedly rise, but inflation hampering spending By Reuters U.S. retail sales unexpectedly rebounded in August as Americans ramped up purchases of motor vehicles and dined out more amid lower gasoline prices, but demand is cooling as the…
