Rogaine Rides GLP-1 Wave With 30% Sales Surge
The decades-old hair-loss remedy is unexpectedly booming from more people taking GLP-1 weight-loss drugs.
sports
News & Analysis
Sports Authority Is Shuttering All Stores Amid Bankruptcy
Sports Authority, which filed for bankruptcy protection three months ago, is shuttering all 460 of its stores after it was unable to adapt to consumers' move online.
Financial Markets
Adidas Sets Sights on Football Stars in Big US Drive
Adidas wants to sign dozens of deals with US sports stars in coming years, hoping that will provide a more lasting boost to sales than the current fashion fad for its retro sneakers, its North America head told Reuters.
News & Analysis
Ferragamo SpA Sues Ex-LA Rams Quarterback Over Same-Name Winery
Salvatore Ferragamo SpA has sued former Los Angeles Rams football quarterback Vince Ferragamo, saying he infringed its trademarks by operating his namesake winery in southern California.
News & Analysis
Adidas to Seek Buyer for TaylorMade Golf Business
German sportswear firm Adidas announced it will seek a buyer for its main golf brand TaylorMade, which has been struggling as the sport loses popularity, to help it focus on its core brands.
News & Analysis
German Court Rejects Adidas Bid to Block New Puma Shoes
A German court has rejected an attempt by Adidas to stop its smaller rival Puma from selling a new line of shoes with light-weight, bouncy soles similar to its popular "Boost" brand.
News & Analysis
Fanatics Will Replace Nike as NFL Player Association's Biggest Licensee
Any company that wants to sell official NFL player products will soon have to go through e-commerce giant Fanatics Inc.
Marketing
Brands Seek Olympics Gold in New Advertising Playing Field
Dozens of major companies and specialty brands that are not official Olympics sponsors have applied to run advertising campaigns featuring athletes ahead of the Rio 2016 Olympic Games, taking advantage of new rules that are shaking up the business of marketing surrounding the event.
China
Wanda Says More Chinese Companies Likely to Become FIFA Sponsors
China’s richest man said more Chinese companies are likely to join his Dalian Wanda Group Co. in becoming top FIFA sponsors and help the country’s chances to host the World Cup for the first time.
News & Analysis
Hermès Heads to Olympic Games as Saddler for Brazil Showjumpers
Hermès, the French company known for its tony handbags, said Friday it has been named official saddler for the Brazilian showjumping team.
Marketing
Nike Suspends Ties With Sharapova After She Fails Drug Test
Nike Inc. has suspended ties with Maria Sharapova after she failed a drug test at the Australian Open.
Marketing
Tapping Brazil's Olympic Opportunity
The biggest global sportswear brands are gearing up for the world’s biggest sporting event in its most photogenic and body-conscious city. How will they tap the opportunity?
Workplace & Talent
Why You Need to Move to Footwear’s ‘Silicon Valley’
Portland, Oregon, is a thriving hub for the athletic footwear industry, with a vibrant ecosystem of big brands, start-ups, contractors, headhunters and top talent.
The News in Brief
Ralph Lauren’s Quarterly Revenue Forecast Disappoints, Sending Shares Down
Expectations for the brand to sustain a rapid pace of growth set a high bar, leaving investors disappointed even as its raised its annual outlook.
Tapestry Lifts Outlook as Young Shoppers Snap Up Coach Bags
Shares rose in early trading after the company raised its revenue and profit forecasts, even as the broader luxury sector grapples with a slowdown.
Chanel Beauty Opens Alpine-Inspired Activation at Harrods
The luxury beauty label has taken over a corner of the department store's ground floor with a gifting suite.
Bangladesh Agrees New Garment Pay Scale From December Amid Protests
The government has yet determine the details of revised wage levels as it scrambles to manage days of protests that have disrupted the country’s garment industry.
China Wealth Crackdown Lifts Hong Kong Watch and Jewellery Sales
Rich shoppers are turning to gold and gemstones to preserve wealth, softening the blow for luxury giants like Hermès and Richemont as Beijing tightens its grip on overseas assets.
Australian Department Store David Jones Collapses After Almost 200 Years
The template of vast stores with dozens of fashion brands, beauty products and other accessories succumbed as the digital era drove shoppers to cheaper, nimbler online rivals.
Coty Tops Estimates on Prestige Brands Boost Amid Turnaround
The US cosmetics conglomerate said launches from Marc Jacobs and Burberry helped boost revenues, though its full-year guidance is below consensus.