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Apparel Retail

Adidas investigates bribery allegations in China, FT says

by Walter Watson
Adidas investigates bribery allegations in China, FT says

Adidas shoes are displayed at a DSW store on January 31, 2024 in Novato, California.  Justin Sullivan | Getty Images Adidas has launched an investigation into allegations of large-scale bribery in …

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Dollar Tree (DLTR) earnings Q1 2024

by Anas Siddiqui
Dollar Tree (DLTR) earnings Q1 2024

An exterior view of a Dollar Tree store in Bloomsburg Pennsylvania.  Paul Weaver | Sopa Images | Lightrocket | Getty Images Dollar Tree announced Wednesday it is considering a sale …

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American Eagle (AEO) earnings Q1 2024

by Anas Siddiqui
American Eagle (AEO) earnings Q1 2024

American Eagle on Wednesday said it’s making gains in boosting profitability as it works to improve its product assortment and tweak operations. Still, its fiscal first-quarter sales came in weaker …

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Is there a pullback in consumer spending? Here’s what CEOs say

by Franz Hernandez
Is there a pullback in consumer spending? Here’s what CEOs say

People walk past a Sweetgreen restaurant in Manhattan on September 14, 2023.  Jeenah Moon | The Washington Post | Getty Images With higher prices and elevated interest rates stubbornly sticking …

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Facebook and Nike diversity manager gets prison for fraud

by Vera Ward
Facebook and Nike diversity manager gets prison for fraud

Barbara Furlow-Smiles attends the 2020 Sisters’ Awards at Skirball Cultural Center on March 08, 2020 in Los Angeles, California. Robin L. Marshall | Getty Images A former diversity manager at …

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Nike CEO blames remote work for innovation slowdown

by Ron Morgan
Nike CEO blames remote work for innovation slowdown

Nike President and CEO John Donahoe. Source: Nike Nike CEO John Donahoe on Friday blamed remote work for the company falling behind on innovation, saying that it’s tough to be …

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Nike CEO acknowledges it went too far in direct push

by Anas Siddiqui
Nike CEO acknowledges it went too far in direct push

Illuminated trademark of the American athletic footwear and apparel corporation Nike, Inc. seen on the Nike Store window in Antwerp, Belgium. (Photo by Karol Serewis/SOPA Images/LightRocket via Getty Images) Karol …

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Macy’s settles proxy fight with activist Arkhouse, adds two directors

by Anas Siddiqui
Macy’s settles proxy fight with activist Arkhouse, adds two directors

Macy’s flagship store in Herald Square in New York, Dec. 23, 2021. Scott Mlyn | CNBC Department store Macy’s on Wednesday said it had settled its proxy fight with real …

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Nike shouldn’t mess with England flag, UK PM says of new soccer kit

by Walter Watson
Nike shouldn’t mess with England flag, UK PM says of new soccer kit

Racks of England’s new Nike designed football shirt, with the controversial St George’s cross, are displayed for sale in a central London store on March 22, 2024.  Daniel Leal | …

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Zara owner Inditex climbs to all-time high as 2023 sales jump 10%

by Ron Morgan
Zara owner Inditex climbs to all-time high as 2023 sales jump 10%

A shopper carrying two large bags from clothing retailer Zara on Oxford Street in London, U.K., on Feb. 5, 2024. Mike Kemp | In Pictures | Getty Images Shares of …

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