Lululemon’s Elusive Recovery Prompts Seven Analyst Cuts in a Day Lululemon Athletica Inc., the renowned athletic apparel company, recently faced a significant setback as its shares plummeted to their lowest level since the onset of the pandemic. The catalyst for this downturn was the company’s decision to slash its outlook for both the third quarter […]
Lululemon Slashes Annual Sales, Profit Forecasts Amid Demand, Tariff Woes
Lululemon Slashes Annual Sales, Profit Forecasts Amid Demand, Tariff Woes Lululemon Athletica Inc., a renowned athletic apparel retailer, recently stunned investors by slashing its annual sales and profit forecasts. The move came as a response to a combination of factors, including shifting consumer demand and concerns over tariffs. Following this announcement, shares of the company […]
John Lewis Targets Gen-Z With Topshop Revival Tie-Up
John Lewis Targets Gen-Z With Topshop Revival Tie-Up John Lewis, the renowned department store operator, is set to make a significant move by teaming up with Topshop for a revival tie-up. In an effort to capture the attention of younger shoppers, particularly the Gen-Z demographic and their mothers, John Lewis will be hosting Topshop in […]
Levi’s Says ‘Anti-Americanism’ Linked to Trump Could Dent UK Sales
Levi’s Says ‘Anti-Americanism’ Linked to Trump Could Dent UK Sales In a surprising turn of events, Levi’s, the iconic American denim brand, has recently voiced concerns about the potential impact of ‘rising anti-Americanism’ on its sales in the UK. The company highlighted in its latest UK results filing that the ongoing repercussions of the Trump […]
Bath and Body Works Sales Flat, Profits Dip
Bath and Body Works Sales Flat, Profits Dip Bath and Body Works, a renowned mass fragrance retailer in the US, has recently faced challenges with its sales remaining stagnant and profits taking a dip. Despite the setback, the company has been actively strategizing to overcome these hurdles and steer back towards growth and success. One […]
Consumer Resilience to Be Tested as Tariff-Fuelled Price Increases Brew
Consumer Resilience to Be Tested as Tariff-Fuelled Price Increases Brew US retailers remain bullish on the resilience of US consumers, a sentiment that could soon be put to the test as tariff-fuelled price hikes increasingly show up on shelves. In the ever-competitive retail landscape, consumer resilience has been a key factor that has buoyed many […]
Why Ulta Beauty and Target Broke Up
Ulta Beauty and Target: Understanding the Breakup Ulta Beauty, the largest beauty retailer in the United States, recently made headlines by announcing the end of its shop-in-shop partnership with Target. This decision came as a surprise to many, considering the initial popularity of the collaboration. So, what led to this breakup between two retail giants? […]
Op-Ed | Amazon Prime Day Is Past Its Prime
Op-Ed | Amazon Prime Day Is Past Its Prime Amazon Prime Day, the highly anticipated discount extravaganza, has come and gone. While it wasn’t the disaster some had feared, there are signs that both Amazon and observers of consumer spending should not take too much comfort in its success. This year’s Prime Day, which spanned […]
Italy’s Cucinelli Posts 10.7% Increase in First Half Revenues
Italy’s Cucinelli Posts Impressive 10.7% Increase in First Half Revenues Renowned for its exquisite craftsmanship and timeless designs, Italy’s luxury fashion house, Cucinelli, has recently made headlines with its remarkable financial performance. The brand has reported a significant 10.7% increase in revenues for the first half of the year, surpassing market expectations and demonstrating its […]
Does Under Armour Need Kevin Plank?
Does Under Armour Need Kevin Plank? When Under Armour made the surprising announcement that its controversial founder, Kevin Plank, would be returning as CEO, it sent shockwaves through the business world. Investors were left scratching their heads, wondering if this move was the right one for the American sportswear retailer. But why has Plank been […]