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Rent the Runway (RENT) Q4 2021 loss
Rent the Runway sees the more than 2 million weddings planned for this year, and all the parties that come with them, as being a massive boon to its business. Plus, according to co-founder and…
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Levi Strauss suspends sales in Russia
Levi’s 501 blue jeans on display. Sean Gallup | Getty Images Levi Strauss announced Monday it will suspend sales in Russia in response to the country’s invasion of Ukraine. Levi Strauss, whose blue jeans were…
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Foot Locker (FL) reports Q4 2021 earnings
A sign hangs above the entrance of a Foot Locker store on August 02, 2021 in Chicago, Illinois. Scott Olson | Getty Images Foot Locker shares tumbled Friday after the retailer said it expects revenue…
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Lululemon (LULU) Q3 2021 earnings beat
People line up to enter a store during Black Friday shopping at Fashion Outlets of Chicago in Rosemont of Greater Chicago Area, Illinois, the United States, on Nov. 26, 2021. Joel Lerner | Xinhua News…
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Allbirds (BIRD) reports Q3 2021 earnings
A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., on Tuesday, Feb. 16, 2021. Al Drago | Bloomberg | Getty Images Allbirds on Tuesday reported its fiscal third-quarter revenue rose…
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Lululemon fires back at Peloton in growing feud over clothing patents
An employee restocks clothes on display at the Lululemon Athletica sports apparel store on Regent Street in London. Simon Dawson | Bloomberg | Getty Images Lululemon on Monday filed an anticipated patent lawsuit against Peloton,…
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Black Friday shopping in stores drops 28% from pre-pandemic levels
Shoppers with bags from various stores stand next to each other as Black Friday sales begin at The Outlet Shoppes of the Bluegrass in Simpsonville, Kentucky, November 26, 2021. Jon Cherry | Reuters Traffic at…
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Why retailers are embracing buy now, pay later financing services
Supply chains are snarled and manufacturing is constrained. For weeks, headlines have been telegraphing a clear message to shoppers: This holiday season shop early. In years past, early bird shoppers may have turned to layaway…
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Victoria’s Secret shares tumble, Bath & Body Works rises after earnings reports
Shoppers pass in front of a Victoria’s Secret store at a mall in San Diego, California, April 22, 2021. Bing Guan | Bloomberg | Getty Images Shares of Victoria’s Secret are tumbling while those of…