Nike, Foot Locker shares sink after sneaker maker cuts revenue outlook

[ad_1] A shopper leaves a Nike store along the Magnificent Mile shopping district in Chicago with a purchase on Dec. 21, 2022. Scott Olson | Getty Images Nike shares plunged…

Vans owner VF Corp. shares tumble as it says cyberattack could hamper holiday fulfillment

[ad_1] A Vans store is seen in Hong Kong. Budrul Chukrut | LightRocket | Getty Images Shares of The North Face and Vans owner VF Corp. tumbled Monday after the…

Temu files fresh lawsuit against Shein, accusing its rival of ‘mafia-style intimidation’

[ad_1] Global online shopping platform Temu is already climbing the ranks in the U.S. Apple Store. Bloomberg | Bloomberg | Getty Images Chinese low-cost online retailer Temu has launched a…

Lawmakers ramp up scrutiny of Shein, call for proof it doesn’t use forced labor after retailer files for IPO

[ad_1] Lawmakers are ramping up their scrutiny of Shein after it confidentially filed to go public last week. One congressman who sits on a key committee is even threatening to…

‘You barely knew what we were actually selling’: Gap CEO Richard Dickson on the brand’s heavy discount strategy

[ad_1] Richard Dickson is CEO of Gap, joining from toymaker Mattel in August after a year-long search for a company leader. Dickson said the apparel firm’s products had got “lost…

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…

Chinese fast fashion retailer Temu overtakes Shein to dominate Japan and South Korea apps

[ad_1] A package from Temu is seen in front of a screen with the Temu logo. (Photo by Nikos Pekiaridis/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Chinese…

Spirit Halloween lives on, even when the holiday ends and stores close

[ad_1] The facade of seasonal Halloween decor store Spirit Halloween at a shopping center in Dublin, California, on Aug. 23, 2018. Smith Collection | Archive Photos | Getty Images Halloween…

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…

TikTok halts e-commerce service in Indonesia following ban

[ad_1] A merchant sells crystal ornaments via a live TikTok broadcast. CFOTO | Future Publishing | Getty Images TikTok Indonesia said it will end transactions on its e-commerce marketplace by…