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2020-06-01 11:25:01
ELG’s Q1 results impacted by the lockdown
"We are all facing a lively and unprecedented scenario on account of the COVID-19 outbreak, which began in Wuhan, China, and in the first quarter of 2020 affected nearly the whole world. The imposed
2020-05-08 13:04:37
Lenzing’s performance impacted by the unpredictable market
In a historically difficult market environment with increased pressure on prices and volumes resulting from the COVID-19 crisis, the Lenzing Group reports that it has held its ground well in the
2020-04-17 10:44:27
Who’s paying the garment workers?
As U.S. and European brands and retailers cancel or suspend orders amid the deepening coronavirus pandemic, labor advocates are demanding restitution for the millions of garment workers in Asia who
2020-03-30 10:21:16
Lululemon's net revenue increased in Q4
In A Nutshell: Like most of its peers, Lululemon declined to provide financial guidance, given how the coronavirus pandemic has clouded the economic outlook. The company said it will provide updates
2020-03-27 10:21:53
Nike sales top expectations despite coronavirus
Nike Inc. topped Wall Street’s expectations for third-quarter earnings and revenue, despite the coronavirus pandemic that roiled China right as Lunar New Year kicked off. In a Nutshell:
2019-12-20 08:14:51
Fashion brands eluding retailers to construct new supply chain
Fashion brands have had a rough run the past years with record levels of retailer closings that have dwindled their customer base. Continuing downward industry trends and ever-increasing cost
2019-10-03 13:30:00
Sustainability is a tectonic shift in fashion
Sustainability is the fashion industry’s latest trend. Brands, retailers and designers are pledging their hearts to the environment and to protecting their workforces, and yet the industry remains
2019-07-05 11:30:00
Vintage clothing craze leads to price soar
The springtime opening of Hudson Yards was a study in things new and shiny. But inside the Neiman Marcus store there, a rack of vintage clothes stood out among a sea of box-fresh Balenciaga sneakers,
2019-07-03 12:10:00
Costco sells $7 billion of apparel each year
Kelly Davis has started doing something she once considered unthinkable: buying clothes at Costco. The 31-year-old had long resisted the warehouse chain’s clothing aisle; it just felt weird
2019-06-10 14:45:00
Chinese imports may impact the cost of everything
By now you may have heard that increasing tariffs on imports from China may impact the cost of everything from sneakers to patio furniture by up to 25%. But in many categories, it’s still
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