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APPAREL SALES FORECAST
American Eagle shares slump on flat margin outlook, weakness in namesake brandAmerican Eagle experienced a significant drop in shares, attributing the decline to a forecast of stagnant gross margins for the upcoming q...
Nike’s shoe doesn't fit: How did the swoosh lose its winning edge?Nike’s decline is raising questions about how the sportswear giant lost its competitive edge. Falling revenue, a collapsing market value, w...
Lululemon’s turnaround gets tougher as new CEO inherits a battered brand; shares fall 20%Lululemon shares dropped significantly after the company lowered its full-year sales forecast. The sportswear maker's signature leggings bu...
Which stocks should you buy ahead of the festive season? Here are Kotak Securities’ top 10 picksIndia’s festive season is expected to drive a strong consumption boost, with analysts identifying sectors and stocks that could benefit. Th...
Lululemon cuts outlook again, highlighting to-do list for new CEOLululemon shares tumbled about 18% after the athleisure company cut its full-year outlook again and missed quarterly sales estimates. Sales...
Gap shares surge 24% after Old Navy leadership shake-up, profit forecast raisedGap shares jumped as much as 24.1% after the retailer named Michael Francis as Old Navy CEO and raised its annual profit forecast. The appo...
India Inc’s revenue growth to moderate to 13-15% in Q2 FY27; margins under pressure: ICRAIndia Inc’s revenue growth is expected to moderate to 13-15% in Q2 FY27 from 21.3% in Q1, ICRA said. Higher input costs could squeeze margi...
US stocks: Birkenstock shares jump 18% as strong demand prompts revenue forecast hikeBirkenstock has raised its annual sales growth forecast after surpassing quarterly revenue expectations. The company's robust performance w...
RSWM, Spain's NDS9 form JV to set up Rs 186 crore premium apparel facilityRSWM Ltd and Noize Design Studio have formed a joint venture for premium apparel. LNJ NDS9 Global Private Ltd will focus on denim and activ...
Levi Strauss reveals cybersecurity breach amid wider wave of attacksThe apparel maker joins a growing list of major firms worldwide that are facing a rise in cyberattacks and ransomware incidents that stea...
Ralph Lauren shares jump 7% as shoppers in Asia, North America drive revenue beatRalph Lauren's first-quarter financial performance surpassed expectations, showcasing a robust demand driven by younger consumers across va...
India ready for a premium wealth show while US missiles rattle the worldIndia's festive shopping season is set to highlight the country's premiumisation boom despite global uncertainty triggered by the US-Iran w...
Double-digit sales growth in apparel, ACs, premium goods faces inflation & monsoon testDiscretionary spending is witnessing a notable resurgence, particularly in the apparel and white goods sectors, which have both seen impres...
Gap, American Eagle fall as brand troubles weaken annual forecastsThe results underscore a widening split in consumer spending, with record-low sentiment driven by the Iran war forcing lower-income househo...
Winter has yet to wear its jackets and sweaters: Mild season in North India may hit apparel sales by 25%North India experienced an early winter, but sales for cold-weather clothing remain sluggish. Retailers face higher inventories as temperat...
US online spending surges $24.1 billion as steep discounts boost sales, Adobe saysOnline spending surged to $24.1 billion in the US from July 8–11, driven by deep discounts during “Black Friday in Summer” sales. Amazon Pr...
Gap to lay off about 1,800 employees in second round of job cutsIn September, Gap eliminated about 500 corporate workers across a range of departments as it struggled to protect margins and battled weak ...
Majority of retailers expect festive season biz to be down by 25 per cent: ReportThe survey, which was conducted online with organisations with over Rs 500 crore revenue, and took responses of more than 100 CXOs (top man...
Domestic apparel industry could take a hit of Rs 1 lakh crore due to lockdown: CMAI surveyAn analysis of the first 1500 responses, indicates the significant crisis is brewing in the domestic garment industry. Only a comprehensive...
Alcis Sports inks tie-up with FIFAAlcis Sports, a flagship entity promoted by casual and sportswear maker Paragon Apparel, manufactures for categories including running, tra...