Tag: clothing
Gap brings aboard fashion designer Zac Posen as creative director
Gap Inc. on Monday said it had appointed fashion designer Zac Posen as the clothing retailer’s new creative director and chief creative officer of Old [Read more about this post…]
Dow futures slip after 9th record close of 2024
U.S. stock futures slipped Monday, edging backward after megacap corporate earnings led to another round of record highs last week. What’s happening Dow Jones Industrial [Read more about this post…]
Fourth-quarter earnings are near halfway done. Results have gotten better.
With the U.S. fourth-quarter earnings reporting season almost halfway through, the financial industry is fretting over souring consumer credit. Companies that make shoes and clothes [Read more about this post…]
Ugg and Hoka owner Decker Outdoor names chief executive as Dave Powers retires
Deckers Outdoor Corp. said success of its Ugg boots and Hoka running shoes drove it to its strongest profit and revenue quarter in its history, [Read more about this post…]
Nick Dunlap turns pro: Golfer who lost out on $1.5M won’t be able to recoup money
Nick Dunlap, the amateur golfer who won a $1.5 million prize from the American Express tournament last weekend but couldn’t collect it because he was [Read more about this post…]
Levi Strauss is rolling out ‘tech pants’ this year. But will stores want them?
With a rough 2023 in the rearview, Levi Strauss & Co. this year is trying to tackle its problems with new pants. That includes pants [Read more about this post…]
Levi Strauss to lay off up to 15% of corporate workforce, stock slides as profit forecast disappoints
With new leadership coming in after difficult 2023, Levi Strauss & Co. on Thursday announced plans to lay off staff and cut costs over the [Read more about this post…]
Birkenstock floats price hikes to offset new factory costs after posting loss
Shares of Birkenstock Holding PLC slid nearly 8% on Thursday after the sandal maker reported a surprise fourth-quarter loss amid “subdued customer sentiment” and said [Read more about this post…]
Watches of Switzerland’s shares fall by nearly a third after ‘volatile’ Christmas
Shares in Watches of Switzerland plunged by nearly a third on Thursday, after the luxury watch seller warned that sales would be lower than expected [Read more about this post…]
Here are the 20 worst-performing stocks among the S&P 500 in 2023
(Updated with Friday’s closing prices.) The U.S. stock market staged a remarkable rally in 2023, but 178 stocks in the S&P 500 were still down [Read more about this post…]
