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

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

Goal kicks off its vacation offers on Oct. 10, with a price-matching pledge for early-bird customers

Goal kicks off its vacation offers on Oct. 10, with a price-matching pledge for early-bird customers

[ad_1] A buyer outlets the vacation part at a Goal retailer in Clifton, N.J. Adam Jeffery | CNBC Target is attempting to win over early-bird customers this vacation season with a promise that they’ll get the bottom costs on items. The low cost retailer introduced Wednesday that starting Oct. 10 and operating by means of … Read more

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

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

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 shares surge as on-line styling service experiences shock revenue

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