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…

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…

Nike reigns supreme among teen shoppers. Here are the other brands they love the most

[ad_1] A customer shops at the Nike store in Miami Beach, Florida, on Dec. 21, 2021. Joe Raedle | Getty Images Teens are a notoriously fickle bunch — but the…

Turning dorm rooms into dollars: Back-to-college could boost retailers’ sales this fall

[ad_1] People walk on the campus of the University of North Carolina Chapel Hill on June 29, 2023 in Chapel Hill, North Carolina. Eros Hoagland | Getty Images Over the…

Bank of America downgrades Levi Strauss, says upside is hard to see with discounts and sliding denim demand

[ad_1] Sliding demand for denim and a continued reliance on markdowns make it hard to expect outperformance from Levi Strauss , Bank of America said Wednesday. Analyst Christopher Nardone downgraded…