Shein’s revenue is ‘a lot more’ than $30 billion annually, key retail partner says

[ad_1] Shoppers walks past advertisements on the opening day of fast-fashion e-commerce giant Shein, which hosted a brick-and-mortar pop up inside Forever 21 at the Ontario Mills Mall in Ontario…

Abercrombie, American Eagle and Lululemon raise holiday sales outlooks

[ad_1] Combination showing store signage from Abercrombie & Fitch and Lululemon stores. Getty Images Abercrombie & Fitch, Lululemon and American Eagle Outfitters all raised their fiscal fourth-quarter outlooks Monday, saying…

Bad news for Black Friday: Retailers cast doubt on holiday shopping with cautious guidance

[ad_1] A person walks past a sales advertisement at Saks Off 5th department store ahead of the Thanksgiving holiday sales in Washington, D.C., on Nov. 21, 2023. Saul Loeb |…

Abercrombie & Fitch raises outlook after quarterly sales surge 20%

[ad_1] Abercrombie & Fitch. Courtesy: Abercrombie & Fitch Abercrombie & Fitch on Tuesday blew past estimates as it posted a 20% jump in sales thanks to a strong back-to-school shopping season…

Nordstrom sales come up short, echoing broader retail industry pressures

[ad_1] Shoppers exit Nordstrom at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Nordstrom on Tuesday said sales slid…

Shares of American Eagle plummet on unimpressive holiday forecast

[ad_1] American clothing and accessories retailer American Eagle store seen in Hong Kong. (Photo by Budrul Chukrut/SOPA Images/LightRocket via Getty Images) Budrul Chukrut | Lightrocket | Getty Images Shares of…

As Target shutters some stores, retailer looks to prove it can grow and avoid new setbacks

[ad_1] Target’s store in Harlem is one of nine locations that the retailer recently shuttered. It blamed the closures on high levels of theft and safety risks. Melissa Repko |…

Abercrombie & Fitch, ex-CEO sued over sex abuse and trafficking accusations

[ad_1] Abercrombie and Fitch is in the midst of a major comeback, but the retailer is still being haunted by the alleged sins of former chief executive Mike Jeffries.  The…

Abercrombie & Fitch shares soar 17% as retailer blows past earnings estimates, raises guidance

[ad_1] Shares of Abercrombie & Fitch soared in premarket trading, after the retailer crushed Wall Street’s earnings and sales expectations for the quarter and raised its forecast for the year.…

No more freebies: Companies crack down on customer perks and rewards

[ad_1] Shoppers at Brickell City Centre in Miami, Florida, US, on Wednesday, June 14, 2023.  Eva Marie Uzcategui | Bloomberg | Getty Images It’s not your imagination: Companies are getting…