Hermès Sales Climb, Boosted By US
Hermès second quarter sales rose 7 percent, lifted by a recovery in tourism in Europe and strong demand in the US.
sport
Sports
LeBron James to Launch Men’s Grooming Line
The Shop, a multimedia brand owned by NBA All-Star LeBron James and business partner Maverick Carter, is set to enter the beauty industry with a men’s grooming line launching in April, the company said in a release Tuesday.
LeBron James to Launch Men’s Grooming Line
The Shop, a multimedia brand owned by NBA All-Star LeBron James and business partner Maverick Carter, is set to enter the beauty industry with a men’s grooming line launching in April, the company said in a release Tuesday.
Sports
Hugo Boss’ Hugo Brand to Sponsor VCARB F1 Team
The German retailer’s Gen-Z label will design apparel and eyewear for the newly rebranded Visa Cash App RB team.
Hugo Boss’ Hugo Brand to Sponsor VCARB F1 Team
The German retailer’s Gen-Z label will design apparel and eyewear for the newly rebranded Visa Cash App RB team.
Sports
How Nike Ran Off Course
Nike is experiencing its worst slump in a decade, even as its competitors thrive. Insiders, athletes and fans pin the blame on changes made over the last few years that led to stalling innovation, disruptive restructurings and uninspired marketing.
How Nike Ran Off Course
Nike is experiencing its worst slump in a decade, even as its competitors thrive. Insiders, athletes and fans pin the blame on changes made over the last few years that led to stalling innovation, disruptive restructurings and uninspired marketing.
Sports
Why Salomon-Owner Amer Sports’ IPO Fell Short
After discounting its listing, the sportswear group, which also owns Arc’teryx and Wilson, became the latest big fashion company to confront the tepid US IPO market.
Why Salomon-Owner Amer Sports’ IPO Fell Short
After discounting its listing, the sportswear group, which also owns Arc’teryx and Wilson, became the latest big fashion company to confront the tepid US IPO market.
Beauty
Why Male Athletes Are Wearing Nail Polish
Athletes aren’t solely ballplayers any more – they are runway models, fashion entrepreneurs and, now, beauty trendsetters.
Why Male Athletes Are Wearing Nail Polish
Athletes aren’t solely ballplayers any more – they are runway models, fashion entrepreneurs and, now, beauty trendsetters.
Sports
Tiger Woods to Unveil ‘Next Chapter’ After Nike Deal
Woods has been linked with American golf brand Taylor Made since December, when the company filed a trademark for apparel, accessories and equipment, under the name ‘Sunday Red.’
Tiger Woods to Unveil ‘Next Chapter’ After Nike Deal
Woods has been linked with American golf brand Taylor Made since December, when the company filed a trademark for apparel, accessories and equipment, under the name ‘Sunday Red.’
Sports
Off-Price Retailer Brand Alley Has Acquired The Edit Ldn, a Sneaker Resale Platform
The sale comes after the sneaker platform, which recently attracted investment from several athletes, experienced cash flow issues towards the end of last year.
Off-Price Retailer Brand Alley Has Acquired The Edit Ldn, a Sneaker Resale Platform
The sale comes after the sneaker platform, which recently attracted investment from several athletes, experienced cash flow issues towards the end of last year.
Sports
How Athletes Became Fashion Week Royalty
It’s not just sports superstars sitting front row at fashion week. Today, luxury labels are looking to work with emerging athletes from niche sports, giving rise to new dealmakers who match brands with eager skateboarders, boxers and rugby players.
How Athletes Became Fashion Week Royalty
It’s not just sports superstars sitting front row at fashion week. Today, luxury labels are looking to work with emerging athletes from niche sports, giving rise to new dealmakers who match brands with eager skateboarders, boxers and rugby players.
Sports
Tiger Woods and Nike End Partnership After 27 Years
Tiger Woods announced the end of his 27-year-long Nike sponsorship deal via a statement on Instagram on Monday.
Tiger Woods and Nike End Partnership After 27 Years
Tiger Woods announced the end of his 27-year-long Nike sponsorship deal via a statement on Instagram on Monday.
Sports
Salomon’s XT-6 Sneakers Help ‘Sportstyle’ Division to Sales of $165 Million Through Q3
The sportswear brand surpassed $1 billion in revenue in 2022, buoyed by soaring demand for its fashion-forward performance products, parent-company Amer Sports’ IPO filing revealed.
Salomon’s XT-6 Sneakers Help ‘Sportstyle’ Division to Sales of $165 Million Through Q3
The sportswear brand surpassed $1 billion in revenue in 2022, buoyed by soaring demand for its fashion-forward performance products, parent-company Amer Sports’ IPO filing revealed.
Retail
Arc’teryx and Salomon Owner Amer Sports Files for US IPO
Amer Sports on Thursday revealed a 30 percent revenue surge for the first nine months of 2023 in its filing to go public in the US.
Arc’teryx and Salomon Owner Amer Sports Files for US IPO
Amer Sports on Thursday revealed a 30 percent revenue surge for the first nine months of 2023 in its filing to go public in the US.
Retail
JD Sports Issues Profit Warning and Blames Weather for Weak Sales
JD Sports Fashion Plc slashed its profit forecast as it blamed unseasonable weather and cautious consumer spending for weak sales during the crucial period leading up to Christmas.
JD Sports Issues Profit Warning and Blames Weather for Weak Sales
JD Sports Fashion Plc slashed its profit forecast as it blamed unseasonable weather and cautious consumer spending for weak sales during the crucial period leading up to Christmas.
The News in Brief
Shein Discloses FTC Probe in US, Warns of Significant Payments
According to documents the ultra-fast-fashion company filed in connection with its planned Hong Kong IPO, Shein is cooperating with the investigation and could face significant fines.
Frasers Group Takes a Position in Burberry
The billionaire Mike Ashley’s investment arm disclosed Tuesday it holds an interest worth a potential 4.2 percent of the voting rights in Burberry.
EssilorLuxottica Beats Forecasts, AI Glasses and Myopia Products Drive Growth
The Franco-Italian eyewear maker reported a 15 percent rise in first-half profit, beating expectations, while revenue growth was driven by strong demand for AI-enabled glasses myopia products.
Whoop Names Kyle Leahy Chief Commercial Officer
Leahy joins the wearables brand from Glossier, where she was chief executive for three years.
Chinese Jeweller Laopu Gold’s Shares Drop on Growth Outlook
The jeweller lost $2.1 billion in market value after forecasting first-half 2026 revenue growth of up to 66 percent, a sharp slowdown from last year that unsettled investors in one of China’s most viral consumer brands.
Unilever Lifts Outlook on Strongest Volume Growth in Over A Decade
Unilever upgraded its annual forecast on Tuesday, as consumers reached for brands like Vaseline and Dove despite household budget concerns stemming from the Iran war.
J&J to Pay $5.5 Billion to Settle Talc-Related Cancer Claims
Johnson & Johnson on Monday said it agreed to a $5.5 billion commitment to resolve years of litigation related to claims that its talc products caused ovarian cancer.