Dick’s Sporting Goods Cuts Annual Forecasts as Demand Weakens
The sports retailer cut its full-year sales and profit forecasts as a cautious consumer environment hit demand for athletic apparel and sporting goods.

Calling out cultural appropriation does not kill creative license, it simply forces those who control the narrative and means of distribution to cite their sources, argues Darío Calmese.

Calling out cultural appropriation does not kill creative license, it simply forces those who control the narrative and means of distribution to cite their sources, argues Darío Calmese.

Appropriation can be a force for good, creating a cultural exchange and enriching the available vocabulary for creatives of all types.

Appropriation can be a force for good, creating a cultural exchange and enriching the available vocabulary for creatives of all types.

This week, a US activist group reported that one of its investigators had been arrested and two others had disappeared during an undercover probe of the Chinese factory that makes shoes for Ivanka Trump's brand.

This week, a US activist group reported that one of its investigators had been arrested and two others had disappeared during an undercover probe of the Chinese factory that makes shoes for Ivanka Trump's brand.

Men’s US shoe sales will soon surpass women’s. At $26.2 billion in 2016 versus $29.9 billion for women’s footwear, 'men’s is closer in size to women’s than it’s ever been.'

Men’s US shoe sales will soon surpass women’s. At $26.2 billion in 2016 versus $29.9 billion for women’s footwear, 'men’s is closer in size to women’s than it’s ever been.'

Can fashion retailers wage war against the seemingly invincible Amazon? Undoubtedly, says Doug Stephens.

Can fashion retailers wage war against the seemingly invincible Amazon? Undoubtedly, says Doug Stephens.

While Europe’s luxury houses play a long game, working hard to maintain the perception of exclusivity, America’s largest luxury businesses tend to follow a turbulent cool/not cool cycle.

While Europe’s luxury houses play a long game, working hard to maintain the perception of exclusivity, America’s largest luxury businesses tend to follow a turbulent cool/not cool cycle.

While Burberry reported it generated cash of $897.6 million for the year ended March 31, there is little to console investors elsewhere in the business as it still has a mountain to climb to make itself a millennial must-have.

While Burberry reported it generated cash of $897.6 million for the year ended March 31, there is little to console investors elsewhere in the business as it still has a mountain to climb to make itself a millennial must-have.

TJX Cos., the operator of TJ Maxx, on Tuesday reported first-quarter sales that fell short of forecasts, surprising analysts who expected the off-price chain to defy the retail industry's struggles.

TJX Cos., the operator of TJ Maxx, on Tuesday reported first-quarter sales that fell short of forecasts, surprising analysts who expected the off-price chain to defy the retail industry's struggles.

Richemont's approach shows a continuation of the disciplined stance it took during the latest luxury downturn, buying back excess stock and cutting about 300 Swiss staff to curb costs.

Richemont's approach shows a continuation of the disciplined stance it took during the latest luxury downturn, buying back excess stock and cutting about 300 Swiss staff to curb costs.

Zalando is the latest online retailer to spell out just how much it is spending in an attempt to stay one step ahead. The danger is that profit growth doesn't keep pace with sales expansion.

Zalando is the latest online retailer to spell out just how much it is spending in an attempt to stay one step ahead. The danger is that profit growth doesn't keep pace with sales expansion.

With fewer ‘virgin’ markets left to tap, established consumers now drive luxury demand — and they want something new — with significant consequences for creative strategy, says Luca Solca.

With fewer ‘virgin’ markets left to tap, established consumers now drive luxury demand — and they want something new — with significant consequences for creative strategy, says Luca Solca.

Brands that understand our poly-identification, indefinite optimism and elevated baselines will win big with millennials in the US, says Jasmine Bina.

Brands that understand our poly-identification, indefinite optimism and elevated baselines will win big with millennials in the US, says Jasmine Bina.
The sports retailer cut its full-year sales and profit forecasts as a cautious consumer environment hit demand for athletic apparel and sporting goods.
Leonardo Maria Del Vecchio is stepping down as chairman of the Ray-Ban brand and as chief strategy officer, the company said, after reports of tensions with CEO Francesco Milleri.
The legacy beauty brand's US and Canada divisions will join the investment firm's portfolio, which also includes Avon International.
A review by an interagency panel led by the US Treasury Department began after the $80 million transaction was completed in May, according to the people familiar with the matter.
The company is set to debut on the Hong Kong stock exchange on Sept. 1 and is seeking to raise as much as $1.8 billion in its long-awaited IPO, according to a filing.
The brand management company will add the Canadian lifestyle label to a growing portfolio that includes Roberto Cavalli and BCBG.
Scorching weather and fewer discounts discouraged shoppers and ended a recent rebound in consumer spending as retail sales fell for the first time since April.
Christine Hunsicker, founder of the fashion-rental and technology company CaaStle Inc., was sentenced to five years in prison for defrauding investors out of $300 million.