Apparel Retail

Levi Strauss earnings beat as new denim kinds drive gross sales development, retailer raises outlook

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Levi Strauss earnings beat as new denim kinds drive gross sales development, retailer raises outlook

[ad_1] Denims are displayed at a Levi Strauss retailer in New York, March 19, 2019. Shannon Stapleton | Reuters Levi Strauss & Co. on Wednesday reported fiscal third-quarter earnings and gross sales that topped analysts’ expectations, as client demand picked up throughout the back-to-school season and shoppers looked to stock up on the latest denim … Read more

Retailers bid farewell to layaway, as consumers embrace purchase now, pay later choices

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Retailers bid farewell to layaway, as consumers embrace purchase now, pay later choices

[ad_1] Provide chains are snarled and manufacturing is constrained. For weeks, headlines have been telegraphing a transparent message to consumers: This vacation season shop early. In years previous, early chicken consumers might have turned to layaway plans to order vacation items and pay for the purchases over time. However many retailers — together with the … Read more

Nike can flip its snarled provide chain to its benefit to spice up its direct-to-consumer enterprise

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Nike can flip its snarled provide chain to its benefit to spice up its direct-to-consumer enterprise

[ad_1] A pedestrian walks previous American multinational sport clothes model, Nike retailer and its emblem seen in Hong Kong. Budrul Chukrut | SOPA Pictures | LightRocket | Getty Pictures A decrease gross sales forecast, slowing development in China and a bottlenecked provide channel. The information popping out of Nike’s fiscal first-quarter earnings report wasn’t good. … Read more

Nike shares fall as weaker gross sales in North America result in income shortfall

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Nike shares fall as weaker gross sales in North America result in income shortfall

[ad_1] Pedestrians stroll previous the American multinational sport clothes model, Nike retailer and its brand seen in Hong Kong. Budrul Chukrut | LightRocket | Getty Photographs Nike shares dropped in prolonged buying and selling Thursday after the sneaker big reported quarterly income that missed analysts’ expectations, resulting from softening demand in North America. Its inventory … Read more

Sew Repair pivoted to promote extra garments on to clients. CEO’s subsequent step is to unfold the phrase

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Sew Repair pivoted to promote extra garments on to clients. CEO's subsequent step is to unfold the phrase

[ad_1] The Sew Repair brand on a smartphone organized in Hastings-on-Hudson, New York, U.S., on Saturday, June 5, 2021. Sew Repair Inc. is scheduled to launch incomes on June 7. Tiffany Hagler-Geard | Bloomberg | Getty Photographs Now that Stitch Fix has debuted a brand new manner for buyers to purchase garments, the net styling … Read more

Sew Repair shares surge as on-line styling service experiences shock revenue

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Sew Repair shares surge as on-line styling service experiences shock revenue

[ad_1] The Sew Repair software for obtain within the Apple App Retailer on a smartphone organized in Hastings-on-Hudson, New York, U.S., on Saturday, June 5, 2021. Sew Repair Inc. is scheduled to launch incomes on June 7. Tiffany Hagler-Geard | Bloomberg | Getty Pictures Stitch Fix shares jumped round 12% in prolonged buying and selling … Read more