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benzinga.comThe denim company reported second-quarter revenue of $1.56 billion and adjusted earnings of 28 cents per share. It increased its full-year sales growth forecast to 7-7.5 percent and its adjusted earnings per share range to $1.46-$1.52.
cnbc.comNike posted modest North American revenue growth but recorded larger drops in China and at its Converse unit. The company also reduced some financial disclosures in the report.
FortuneNike created uniforms for France, Brazil, the United States and Canada ahead of the 2026 World Cup. The kits use new fabric and national symbols after lab testing for heat and movement.
forbes.comThe apparel company reported $470 million in revenue last year and plans to open six additional locations in 2026. It projects between $520 million and $550 million in sales for the current year.
rte.ieLululemon reduced its full-year revenue and profit targets after reporting weaker sales in North America. One Wall Street analyst maintains a buy rating on the stock.
benzinga.comLululemon reported first-quarter earnings that exceeded lowered expectations but cut its full-year outlook. The company cited tariffs, discounting, and regional sales weakness as factors.
disneyparks.disney.go.comGap reported mixed first-quarter results and lowered its annual sales forecast after comparable sales at Old Navy rose 1 percent instead of the expected 3 percent. The company raised its adjusted earnings-per-share guidance while its shares fell more than 14 percent in after-hour…
vancouversun.comThe North Face is running a Memorial Day sale through Monday, May 25, with discounts up to 30 percent on rain jackets and other apparel. Members receive an extra 20 percent off purchases of $150 or more.
channelx.worldShein purchased apparel brand Everlane last week for $100 million. The transaction values the company well below its prior peak of $600 million.
The IndependentShein has agreed to acquire Everlane, the apparel retailer founded in 2011. The deal comes as Everlane faces declining sales and rising debt.
benzinga.comUrban Outfitters reported net sales of $1.5 billion for the first quarter ending April 30, 2026, an 11 percent increase from the prior year. Earnings per share rose 12 percent to $1.30.
The GuardianIndyCar withdrew a promotional T-shirt for the Freedom 250 race in Washington DC after receiving customer complaints about its design and phrasing. The series said it is reviewing its approval process for event apparel. The shirt was part of promotion for a street race sanctioned…
benzinga.comUnder Armour Inc. saw its stock fall after issuing a fiscal year sales and profit forecast that fell short of Wall Street projections. The company cited a financial hit from the conflict in the Middle East as a contributing factor. @business reported the developments on Tuesday.
Target unveiled its Trend Brain artificial intelligence system earlier this spring to help designers anticipate fashion trends. The tool draws on social media, runway images and real-time sales data, enabling faster decisions such as increasing orders for a polka dot swimwear des…
247wallst.comLevi Strauss & Co. reported quarterly revenue and earnings that surpassed analyst estimates. The company raised its full-year guidance, with direct-to-consumer sales exceeding 50% of total revenue for the first time. The updated outlook does not incorporate recent changes to U.S.…