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Apparel Retail

Parade to be bought by Fruit of the Loom licensee Ariela

by Anas Siddiqui
Parade to be bought by Fruit of the Loom licensee Ariela

Privately owned Ariela & Associates International has agreed to buy Parade, the VC-backed intimates startup that created “the internet’s favorite underwear,” CNBC has learned.  The deal brings Parade’s relevance, digital …

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Hanesbrands faces activist pressure from Barington Capital Group

by Anas Siddiqui
Hanesbrands faces activist pressure from Barington Capital Group

A customer at a Target store in Chicago, Illinois shops for Hanes underwear Tannen Maury | Bloomberg | Getty Images Activist investment firm Barington Capital Group is pressuring Hanesbrands to …

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Secondhand watch prices down on Rolex, Patek Philippe, Audemars Piguet

by Anas Siddiqui
Secondhand watch prices down on Rolex, Patek Philippe, Audemars Piguet

A tray of Rolex watches are seen on a dealer’s stand at the London Watch Show on March 19, 2022 in London, England. Leon Neal | Getty Images Prices for …

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Fanatics to launch live events business

by Anas Siddiqui
Fanatics to launch live events business

Pavlo Gonchar | Lightrocket | Getty Images Fanatics will launch a new live events business that will look to recreate the Comic-Con experience for sports collectibles, the company said Thursday. …

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From ‘Barbie’ to Formula 1, Tag Heuer gaining in luxury watch market

by Anas Siddiqui
From ‘Barbie’ to Formula 1, Tag Heuer gaining in luxury watch market

Tag Heuer is riding a wave of marketing successes and new launches to grow its market share in the luxury watch world, according to its CEO. The company, which is …

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Nearly all Americans cut spending amid inflation: CNBC survey

by Franz Hernandez
Nearly all Americans cut spending amid inflation: CNBC survey

Nearly all Americans are cutting back on their spending in some way, according to a new CNBC and Morning Consult survey. The survey found 92% of Americans are pulling back, …

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