Apparel

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...

Unlike Target Corporation (NYSE: TGT) whose sales slid as consumers prioritized needs over wants, The TJX Companies Inc (NYSE: TJX) told quite a different second quarter story with its price-conscious consumers still spending big at its stores. As high-end retailers struggled with bloated...

Apparel manufacturer Hanesbrands Inc. (NYSE: HBI) is attracting the attention of activist investor Barington Capital, which is urging the company to make significant changes to its board and enact strategies to reverse the decline in its stock value. Barington Capital has acquired an undisclosed...

For the first time in three years, Nike (NYSE: NKE) posted a rare profit miss as high inflationary pressures and inventory glut cut into margins. On a brighter note, fourth quarter revenue topped Wall Street’s expectations but shares still dropped more than 4% during extended trading. In...

The Gap Inc (NYSE: GPS) delivered better than expected results despite sale drops across all its brands and fourth quarter of net losses. Gap’s report comes after its peers, Urban Outfitters Inc. (NASDAQ: URBN), Kohl’s Corporation (NYSE: KSS) and Abercrombie & Fitch Co. (NYSE: ANF)...

Under Armour (NYSE: UA) shares are declining by 8.6% in Tuesday's trading session; the negative sentiment comes amid the company's first quarter 2023 earnings results. Despite new CEO Stephanie Linnartz achieving expense reductions across the SG&A (Selling, General, and Administrative)...