Shares of sporting goods retailers were pummelled in early trading on Friday as dismal quarterly results from Hibbett and Foot Locker heightened concerns about a supply glut intensifying price wars in the industry.
Estée Lauder Cos stock hit a record high after it forecast stronger full-year profit and sales posted higher-than-expected results as the cosmetics maker sold more products from brands such as M.A.C and Tom Ford.
Forget waiting weeks for an appointment with a dermatologist with a personalised skincare consultation online. Such is the concept behind AR tech provider ModiFace's new web skin assessment platform for skincare brands.
Gap Inc reported better-than-expected second-quarter results and raised its full-year profit forecast, helped by strong demand for Old Navy products and fewer discounts, and its shares rose about 5 percent.
The athleisure trend is here for the long term say analysts at GlobalData with its new report saying Asos’s decision to target the £2.5bn sports apparel market is a reflection of the category’s durable appeal.
Poshmark, an online service that helps people buy and sell second-hand clothing, is in talks to raise more than $50 million in a funding round that could value the startup at roughly $600 million, sources said on Monday.
Apparel and footwear maker VF Corp said on Monday it would buy privately held Williamson-Dickie Mfg. Co, the owner of Dickies and Workrite workwear, for about $820 million in cash. VF said it now expects its 2017 revenue to rise 3.5 percent to $11.
JD.com Inc, China's second-largest e-commerce firm, posted a wider net loss in the second quarter as marketing costs offset higher-than-forecast revenue growth, sending its shares sharply lower on Monday.