[ad_1] A Bonobos ‘guideshop’ stands in lower Manhattan on April 18, 2017 in New York City. Getty Images Bonobos co-founder Andy Dunn is returning to the retailer as brand advisor…
Tag: Apparel Retail
Nearly all Americans cut back on spending due to inflation, CNBC survey finds
[ad_1] Nearly all Americans are cutting back on their spending in some way, according to a new CNBC and Morning Consult survey. The survey found 92% of Americans are pulling…
Lululemon shares surge after reporting 24% sales growth, raising full-year guidance
[ad_1] Lululemon reported earnings that beat Wall Street’s estimates on the top and bottom lines Thursday and raised its full-year guidance, bolstered by improvements in China and freight costs. Shares…
This startup wants to curb fast fashion by helping you rent out your closet
[ad_1] By Rotation, a U.K.-based clothing rental app, hopes to eliminate the need for fast fashion by making peer-to-peer clothing rental mainstream in the United States. The startup expanded to…
Gap to lay off 1,800 workers as part of broad push to cut costs
[ad_1] Gap will lay off about 1,800 employees, more than three times as many as the 500 layoffs it announced in September, as part of a broad effort to cut…
Walmart sells plus-size clothing brand Eloquii, offloading its third digital brand this year
[ad_1] Fashions featured on Eloquii Source: Eloquii Walmart is selling online apparel brand Eloquii to FullBeauty Brands, marking the retailer’s third divestiture of a direct-to-consumer brand this year. The big-box…
Lululemon has approached Hydrow about a possible sale of Mirror
[ad_1] A Lululemon sign is seen at a shopping mall in San Diego, California, November, 23, 2022. Mike Blake | Reuters Lululemon is looking to sell its at-home fitness business…
Lululemon used tiny organisms instead of fossil fuels to make the nylon for its new shirt
[ad_1] Lululemon’s plant-based nylon shirt launches on its website on Tuesday. Photo courtesy Lululemon Lululemon has started to sell shirts that are made partly with nylon created from plant-based sources,…
Demand for luxury watches shows no sign of fading, says Audemars Piguet CEO
[ad_1] The luxury watch market is well-positioned to avoid a crash as tight supply and a new generation of young collectors drive demand, according to the CEO of Audemars Piguet.…
Lululemon shares jump as holiday-quarter sales surge
[ad_1] A Lululemon sign is seen at a shopping mall in San Diego, California, November, 23, 2022. Mike Blake | Reuters Lululemon on Tuesday reported strong holiday-quarter sales, suggesting wealthier…