The Workers Who Make Your Clothes Want Higher Pay. Who Should Pony Up?
DHAKA, Bangladesh—The armies of people who make clothes for Western brands—some of the lowest-paid factory workers in the world—are protesting...
Footwear
Italy Defined Fashion. Then It Got Old.
Armani. Prada. Tod’s. Brunello Cucinelli. They have set luxury tastes for decades. As their visionary leaders hit their 70s and...
A Private Phone. Secret Recordings. Inside One CEO’s Relationship With a TV Anchor.
Under Armour’s Kevin Plank shared nonpublic financial details with Stephanie Ruhle, and she gave advice on how to address negative...
How Nike Sneakers Get Stolen at Every Turn
The company’s warehouses, trucks and stores are regularly targeted by organized crime groups looking to steal and resell Air Jordans....
Nike Increased Prices Along With Everyone Else and Now Discounts Are Mounting
The sneaker giant said that product markdowns as well as higher costs for product input, freight and logistics weighed on...
Nike Broke Up With Retailers. Now It’s Trying to Win Them Back.
The sneaker maker’s strategy seeks to shed excess product as inflation pinches consumers’ budgets. Source link
Kevin Durant Signs Lifetime Contract With Nike
The Phoenix Suns star is the third NBA player to land the rare deal, behind Michael Jordan and LeBron James....
Adidas to Drop Opposition to Black Lives Matter’s Three-Stripe Logo
BusinessSportswear company had challenged advocacy group’s trademark application, saying the emblem was too similar to its own Source link
Nike Sales Jump as It Works Through Inventory Glut
Profit at the sneaker maker fell 11% as it relied on higher markdowns. Source link
Adidas Slashes Dividend as Problems Mount
A slump in China and a mountain of unsold products are among the challenges facing Adidas after a bruising 2022...
Lululemon Shares Tumble on Profit Warning for Holiday Quarter
The athletic-gear maker’s earnings targets came in below Wall Street’s expectations. Source link
Adidas to Probe Misconduct Allegations Against Kanye West
Former employees say the sportswear company’s management turned a blind eye to the musician when he was working to develop...
Kohl’s CEO Michelle Gass Resigns to Join Levi Strauss
CEO Michelle Gass has been under attack from activist investors for sales declines and a steep drop in the department-store...
Nike Suspends Partnership With Kyrie Irving After He Shared Anti-Semitic Film
BusinessSportswear giant says it won’t release Kyrie 8 sneaker, one of its flagship products Source link
Skechers Says Kanye West Escorted From Office After Showing Up Uninvited
BusinessFootwear company says it ‘is not considering and has no intention of working with West’ Source link
Patagonia Founder Is Giving His Company Away in Pledge to Fight Climate Change
Patagonia founder Yvon Chouinard is giving away the multibillion-dollar outdoor apparel business he founded nearly 50 years ago, with a...
Under Armour Lowers Profit Targets for Year
Under Armour Inc. UA 2.06% lowered its profit targets for its fiscal year, saying the price markdowns and higher freight...
China’s Covid-19 Lockdowns Hurt Sales of Starbucks Coffee, Adidas Sneakers
China’s strict Covid-19 lockdowns are hurting consumer spending for everything from coffee to sneakers and hotels, weighing on multinationals with...
From GM to Powerade, Brands Pitch Mental Health
To woo consumers, hotel chains typically offer free room upgrades and complimentary breakfast. Kimpton Hotels is trying a new incentive:...
Nike Sales Rise as It Navigates Supply-Chain Snarls
Nike Inc.’s sales grew in the latest period as the sneaker giant benefited from gains in its digital business while...
