Apparel

Analysts are weighing in with forecasts and expectations for Nike, Inc. (NYSE:NKE) ahead of its second-quarter financial report due after Thursday's closing bell. Expert Ideas: Wall Street and investors will be watching new Nike CEO Elliot Hill who assumed the position on Oct. 14 and will be...

Nike, Inc. (NYSE:NKE) disclosed Monday a 12-year extension of its global partnership with the National Basketball Association (NBA) and the Women’s National Basketball Association (WNBA). This agreement reinforces Nike’s position as the exclusive provider of on-court uniforms for the...

American Eagle Outfitters, Inc. (NYSE:AEO) shares traded higher on Thursday. The company reportedly sued Amazon.com, Inc. (NASDAQ:AMZN) for trademark infringement and filed a complaint in Manhattan federal court. The company alleges that Amazon used its Aerie clothing line branding in search...

Key Takeaways: Xtep will sell KP Global, the owner of K-Swiss and Palladium, to Xtep’s controlling shareholders for $151 million through a series of transactions The foreign brands have racked up losses since the athletic apparel and shoe seller acquired them for $260 million in 2019 By...

Lululemon Athletica Inc. (NASDAQ:LULU) is hitting the brakes on its latest innovation, the Breezethrough collection. JPMorgan analyst Matthew R. Boss has slashed his 2024 earnings estimates and removed the stock from his Analyst Focus List. The company’s stock, currently priced at $272.06,...

Skechers USA Inc. (NYSE:SKX) has filed a lawsuit against LL Bean accusing the company of illegally copying its shoe designs. The shoe company filed the complaint in Manhattan federal court. It alleges that LL Bean’s Freeport casual shoes infringe on two patented designs for “heel cups...

Shares of VF Corp (NYSE:VFC) were trading lower on Feb. 8, following the company’s worse-than-expected third quarter financial results. The company reported its third-quarter results amid an exciting earnings season. Here are some key analyst takeaways from the release. Stifel analyst...

The spotlight on Thursday will be on luxury retailers, as Lvmh Moet Hennessy Louis Vuitton SE (OTC:LVMHF) reports fourth-quarter and full year 2023 earnings. In early 2023, LVMH (LVMHF) reached its peak following widespread attention to CEO Bernard Arnault‘s net worth surpassing $200 billion...

The next big IPO might not be a tech company or social-media startup. Instead, it could come from the Kim Kardashian-backed shapewear company called Skims, IPO expert and hedge fund manager Eric Krull told Benzinga’s PreMarket Prep hosts on Wednesday.  2023 was a slow year for initial...

Lululemon Athletica Inc (NASDAQ: LULU) shares made big moves last week and remained on an upward trajectory in early trading on Tuesday, ahead of its third-quarter earnings call that is scheduled for Dec. 7. Although the company may report a revenue beat for the third quarter, the stock...

Kevin Plank may not ring the same bell as a Bill Gates or the Larry Page-Sergey Brin duo or even a Mark Zuckerberg but the entrepreneurial journey of the founder of Under Armour, Inc. (NYSE:UA) has all the elements of an inspiring tale of building a business from scratch and transforming it into a...

On Thursday, Nike Inc (NYSE: NKE) reported fiscal first-quarter revenue that missed Wall Street’s revenue expectations for the first time in two years while beating earnings and gross margin expectations. Although it continues to pursue its DTC strategy, Nike reestablished its wholesale...

Nike Inc (NYSE:NKE) is set to release its first-quarter earnings for fiscal year 2024 on Sept. 28 after the market closes, with Wall Street expecting earnings of 74 cents per share on revenues of $12.99 billion. With shares down nearly 22% this year, two analysts are highlighting the prospective...

Key Takeaways: LightInTheBox‘s revenue rose 45% in the second quarter, but it forecast the growth rate would slow in the current quarter due to ‘macroeconomic turbulence’ The company is better positioned than its peers due to its more global sales footprint and its focus on...

With Quiver Quantitative’s recent institutional holdings data, we can see that several hedge funds and asset managers have been increasing their holdings in Deckers Outdoor Corporation (NYSE: DECK). Firms such as Blackrock, Wellington Management, and Citadel have all added...