Wolverine World Wide sells Sperry to Authentic Brands Group in shoe retail deal

[ad_1] Sperry Top-Sider Bill fish Tan and Beige. Mayra Beltran | Houston Chronicle | Getty Images Wolverine World Wide has sold Sperry to brand management firm Authentic Brands Group and…

Tiger Woods ends Nike partnership after 27 years

[ad_1] A portrait of Tiger Woods of The United States during the pro-am as a preview for the Hero World Challenge at Albany Golf Course on November 29, 2023 in…

From FedEx to airlines, companies are starting to lose their pricing power

[ad_1] A FedEx worker delivers packages in New York, May 9, 2022. Andrew Kelly | Reuters After years of unbridled consumer spending on everything from home improvement to dream vacations,…

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…

Nike sinks 10% after it slashes sales outlook, unveils $2 billion in cost cuts

[ad_1] A customer enters a Nike store along the Magnificent Mile shopping district in Chicago on Dec. 21, 2022. Scott Olson | Getty Images Nike now expects full-year reported revenue…

Nike unveils plan to cut $2 billion in costs, warns of soft revenue

[ad_1] A customer enters a Nike store along the Magnificent Mile shopping district on December 21, 2022 in Chicago, Illinois.  Scott Olson | Getty Images Nike on Thursday unveiled plans…

More than 500 companies had perfect scores on top advocacy group’s LGBTQ+ index

[ad_1] Attendees hold large Pride flag at the 2023 LA Pride Parade on June 11, 2023 in Hollywood, California. (Photo by Rodin Eckenroth/Getty Images) Rodin Eckenroth | Getty Images In…

Foot Locker shares jump 16% after earnings beat, more upbeat sales outlook

[ad_1] Shares of Foot Locker rose Wednesday in premarket trading after the company posted surprise earnings and sales beats and said it saw strong results over the Thanksgiving weekend. The…

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…

Levi Strauss cuts full-year sales forecast again, as inflation takes a toll

[ad_1] Levi’s 501 blue jeans on display. Sean Gallup | Getty Images Levi Strauss on Thursday cut its full-year sales forecast, as it missed Wall Street’s quarterly revenue expectations and…