Nivea Maker Beiersdorf Cuts Guidance for 2026, Citing Market Conditions
Beiersdorf trimmed its full-year guidance on Monday on slower-than-expected recovery at its core brand Nivea and other economic headwinds.
footwear
Retail
Nike Quarterly Revenue Beats on Athletic Wear Demand
Nike Inc beat analysts’ estimates for quarterly revenue on Monday, benefiting from strong demand for its athletic apparel and sneakers in North America and Europe.
Nike Quarterly Revenue Beats on Athletic Wear Demand
Nike Inc beat analysts’ estimates for quarterly revenue on Monday, benefiting from strong demand for its athletic apparel and sneakers in North America and Europe.
Sports
The Hunt for Activewear’s Next Big Category
Luxury brands and startups are making apparel for fast-growing sports like pickleball, rugby, skiing and boxing.
The Hunt for Activewear’s Next Big Category
Luxury brands and startups are making apparel for fast-growing sports like pickleball, rugby, skiing and boxing.
Retail
Nike Beats Quarterly Revenue Estimates Boosted by North America Demand
Nike Inc. beat quarterly revenue estimates on Monday, helped by robust holiday demand for its sports shoes and apparel in North America.
Nike Beats Quarterly Revenue Estimates Boosted by North America Demand
Nike Inc. beat quarterly revenue estimates on Monday, helped by robust holiday demand for its sports shoes and apparel in North America.
Retail
Supply Chain Woes Accelerate Change at Nike
This week, everyone will be talking about Nike’s latest results and Ralph Lauren’s first in-person show since 2019.
Supply Chain Woes Accelerate Change at Nike
This week, everyone will be talking about Nike’s latest results and Ralph Lauren’s first in-person show since 2019.
China
Shoe Retailer Belle Said to be Planning $1 Billion Hong Kong IPO
Belle Fashion Group is targeting to raise about $1 billion in its Hong Kong initial public offering, people familiar with the matter said, five years after private equity firms took China’s biggest women’s footwear retailer private.
Shoe Retailer Belle Said to be Planning $1 Billion Hong Kong IPO
Belle Fashion Group is targeting to raise about $1 billion in its Hong Kong initial public offering, people familiar with the matter said, five years after private equity firms took China’s biggest women’s footwear retailer private.
Retail
How Fashion Is Cashing in on the 2022 Wedding Boom
Fashion brands are anticipating a surge in demand for wedding garb, and are responding in kind.
How Fashion Is Cashing in on the 2022 Wedding Boom
Fashion brands are anticipating a surge in demand for wedding garb, and are responding in kind.
Luxury
Ralph Lauren Unveils Collection for HBCUs Morehouse and Spelman
The brand aims to honour the contributions of Black students to American collegiate style — drawing inspiration from fashion worn at historically Black colleges from 1920 to 1950.
Ralph Lauren Unveils Collection for HBCUs Morehouse and Spelman
The brand aims to honour the contributions of Black students to American collegiate style — drawing inspiration from fashion worn at historically Black colleges from 1920 to 1950.
Global Markets
Arezzo & Co’s Net Revenue Rises 81% in 2021 on Physical Retail Acceleration
The Brazil-based footwear and accessories conglomerate registered full year 2021 adjusted net revenue of 2.93 billion Brazilian reais (approximately $575.7 million).
Arezzo & Co’s Net Revenue Rises 81% in 2021 on Physical Retail Acceleration
The Brazil-based footwear and accessories conglomerate registered full year 2021 adjusted net revenue of 2.93 billion Brazilian reais (approximately $575.7 million).
Luxury
Gucci and Adidas Announce Collaboration
The collection, per Gucci, “combines the heritage and the creative codes of both brands."
Gucci and Adidas Announce Collaboration
The collection, per Gucci, “combines the heritage and the creative codes of both brands."
Global Markets
Havaianas Parent Alpargatas Sets Sales Record in 2021
The Brazilian flip-flop maker reported 260 million pairs of shoes sold last year, achieving global sales of $744.9 million.
Havaianas Parent Alpargatas Sets Sales Record in 2021
The Brazilian flip-flop maker reported 260 million pairs of shoes sold last year, achieving global sales of $744.9 million.
Entrepreneurship
Paul Andrew Relaunches Namesake Brand
The former Salvatore Ferragamo creative director’s shoe line will be back on the market this autumn.
Paul Andrew Relaunches Namesake Brand
The former Salvatore Ferragamo creative director’s shoe line will be back on the market this autumn.
Global Markets
Russian Retailer OR Group Defaults on $7 Million Bond Repayment
The shoe retailer and e-commerce marketplace owner has defaulted on bonds valued at 592 million roubles ($7.7 million).
Russian Retailer OR Group Defaults on $7 Million Bond Repayment
The shoe retailer and e-commerce marketplace owner has defaulted on bonds valued at 592 million roubles ($7.7 million).
The News in Brief
Soshe Launches at Ulta Beauty
The refillable clean makeup brand will enter the complexion category as it makes its debut across over 700 Ulta Beauty doors.
Shein Said to Weigh Cost Reset for Late Backers Before IPO
The retailer is considering lowering the investment cost for late backers who came in at a valuation of up to $64 billion as it prepares to list at a much lower value, people familiar with the matter said.
GLP-1 and Cosmeceutical Skincare Usage Spike Bathroom Mini Fridge Demand
As shoppers incorporate weight-loss drugs and more sophisticated skincare into their daily routines, a cottage industry is growing.
The Met’s Next Fashion Blockbuster Will Spotlight Galliano
The fashion icon, as famous for his singular talent as a scandal that cost him one of the industry’s top jobs, will become one of only three living designers to get a major solo exhibition at the museum.
Abbvie Earnings Beat Estimates as Botox Shows Signs of Revival
Abbvie reported second quarter profit and sales that topped expectations, driven by strong demand across its immunology and neuroscience franchises and further signs of a recovery in Botox.
Puma Results Show Progress on Turnaround
The German sports brand posted a narrower loss in the second quarter as it pushed ahead with an effort to restore growth next year.
DSM-Firmenich’s Fragrance-Led Core Profit Beat Sends Shares Higher
DSM-Firmenich beat market expectations for second-quarter core earnings, said full-year sales growth should reach the upper end of its target range on the back of broad-based volume growth.