European Luxury Stocks Face a Tough Second Half, HSBC Says
HSBC analysts downgraded LVMH and Burberry to hold as they said the second half of the year looks harder for soft luxury to navigate.
retail / Activewear
Retail
Lululemon Executive Exits as New CEO Is Set to Join
Chief strategy officer Rachel Acheson, who worked at the company more than 14 years, has exited one month before chief executive Heidi O’Neill is set to take over, according to a source.
Lululemon Executive Exits as New CEO Is Set to Join
Chief strategy officer Rachel Acheson, who worked at the company more than 14 years, has exited one month before chief executive Heidi O’Neill is set to take over, according to a source.
Retail
The Debrief | Why Activewear Consumers Are Looking Beyond Lululemon
As growth slows across activewear, brands like Set Active, 437 and Oner Active are gaining momentum with a new generation of consumers. The Debrief examines what's driving their rise and what it means for category leaders Nike and Lululemon.
The Debrief | Why Activewear Consumers Are Looking Beyond Lululemon
As growth slows across activewear, brands like Set Active, 437 and Oner Active are gaining momentum with a new generation of consumers. The Debrief examines what's driving their rise and what it means for category leaders Nike and Lululemon.
Retail
Alo Yoga Primed for IPO After Sale of Its T-Shirt Business
The sale of Bella+Canvas, which has not closed yet, would give founders Danny Harris and Marco DeGeorge more flexibility and options for the Lululemon challenger.
Alo Yoga Primed for IPO After Sale of Its T-Shirt Business
The sale of Bella+Canvas, which has not closed yet, would give founders Danny Harris and Marco DeGeorge more flexibility and options for the Lululemon challenger.
Retail
Opinion: Lululemon’s China Drum Blunder Comes at the Worst Time
Though the activewear maker faced intense criticism, it may be able to overcome its misstep in a nation that accounted for 16 percent of sales last year, writes Juliana Liu.
Opinion: Lululemon’s China Drum Blunder Comes at the Worst Time
Though the activewear maker faced intense criticism, it may be able to overcome its misstep in a nation that accounted for 16 percent of sales last year, writes Juliana Liu.
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Retail
The TikTok-Savvy Activewear Brands Stealing Market Share
A crop of small but emerging brands is capitalising on demand for novelty in the category, using TikTok-savvy marketing and a lifestyle-driven position to chip away at the dominance of established players like Lululemon.
The TikTok-Savvy Activewear Brands Stealing Market Share
A crop of small but emerging brands is capitalising on demand for novelty in the category, using TikTok-savvy marketing and a lifestyle-driven position to chip away at the dominance of established players like Lululemon.
Retail
Why Lululemon’s CEO Is Stepping Down
Slowing growth, rising costs and a loud campaign from its outspoken founder set the stage for Calvin McDonald’s exit. It may be the athleisure giant’s best hope to regain its cultural momentum.
Why Lululemon’s CEO Is Stepping Down
Slowing growth, rising costs and a loud campaign from its outspoken founder set the stage for Calvin McDonald’s exit. It may be the athleisure giant’s best hope to regain its cultural momentum.
Retail
Inditex Takes On the Activewear Market
Oysho, the Zara-owner's women's sportswear label, is growing across Europe with its free workout classes and value-led, fashion-focused offering.
Inditex Takes On the Activewear Market
Oysho, the Zara-owner's women's sportswear label, is growing across Europe with its free workout classes and value-led, fashion-focused offering.
Retail
Millennial Yoga Guru Sues Alo For Age Discrimination
One of the celebrity-favourite athleisure brand’s yoga instructors, now in her 40s, alleges she was let go for no longer conforming to the “Alo aesthetic.” Her case hinges on whether influencers like her are employees or private contractors.
Millennial Yoga Guru Sues Alo For Age Discrimination
One of the celebrity-favourite athleisure brand’s yoga instructors, now in her 40s, alleges she was let go for no longer conforming to the “Alo aesthetic.” Her case hinges on whether influencers like her are employees or private contractors.
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Retail
Exclusive: The North Face Unveils First Aimé Leon Dore Collaboration
Aimé Leon Dore’s founder Teddy Santis details what he hopes to be a recurring collaboration with The North Face, which is aspiring to lean further into lifestyle apparel as it seeks to double its revenue.
Exclusive: The North Face Unveils First Aimé Leon Dore Collaboration
Aimé Leon Dore’s founder Teddy Santis details what he hopes to be a recurring collaboration with The North Face, which is aspiring to lean further into lifestyle apparel as it seeks to double its revenue.
Retail
This Week: How Far Does the Power of Brand Go?
On Running and Tapestry report earnings this week amid rising inflation and cautious consumers. Following strong performances from Ralph Lauren and E.l.f. Beauty, these results will continue to test whether brand power is a match for economic uncertainty.
This Week: How Far Does the Power of Brand Go?
On Running and Tapestry report earnings this week amid rising inflation and cautious consumers. Following strong performances from Ralph Lauren and E.l.f. Beauty, these results will continue to test whether brand power is a match for economic uncertainty.
Retail
What Trump’s Latest Tariff Threats Mean for Fashion
US President Donald Trump shifted the deadline for tariffs to go into effect to Aug. 1, and turned up the heat with fresh rates and new threats. In some ways, it’s Liberation Day, part two — but fashion needs certainty more than ever.
What Trump’s Latest Tariff Threats Mean for Fashion
US President Donald Trump shifted the deadline for tariffs to go into effect to Aug. 1, and turned up the heat with fresh rates and new threats. In some ways, it’s Liberation Day, part two — but fashion needs certainty more than ever.
Retail
This Week: Nike’s Earnings and Jonathan Anderson’s Dior Debut
In their own ways, both companies will provide major updates on how they plan to win back customers.
This Week: Nike’s Earnings and Jonathan Anderson’s Dior Debut
In their own ways, both companies will provide major updates on how they plan to win back customers.
The News in Brief
Richemont Promotes Johann Rupert’s Son In Succession Plan
The Swiss luxury group appointed Anton Rupert, 39, as non-executive co-deputy chairman in charge of creative and commercial direction, signaling a long-awaited succession plan for founder Johann Rupert is underway.
Zara Owner’s Sales Grow, But Profit Disappoints As Expenses Mount
Inditex’s sales growth accelerated at the start of the third quarter as it continued to outpace rivals, but rising depreciation charges ate into profits.
Theory Appoints James Kelly Global CEO
A veteran at Fast Retailing, Kelly previously held the role of US chief financial officer at the brand.
Nike Shareholders Reject Climate Proposal Backed by Norway Wealth Fund
The proposal urged more transparency about the company’s climate goals, including the disclosure of details on how the sportswear maker intends to achieve emissions-reduction targets.
Report: CVC Explores $2 Billion Sale of Dr Teal’s Parent Company
Talks for a potential sale of Arthea, formerly known as PDC Brands, are at an early stage in a busy year for personal care mergers and acquisitions.
Longtime McQueen Collaborator Shaun Leane Launches New Label
The boundary-pushing jewellery designer, known for the elaborate pieces he crafted for Alexander McQueen in the 90s, is building a bespoke high jewellery and objects label dubbed 12.
Next Wins Appeal in UK Equal Pay Case
The landmark ruling allows the retailer to pay warehouse workers more than shop staff on the basis it costs more to recruit and retain them.