Owning isn’t always what it’s cracked up to be. For many reasons — including affordability — more Americans are choosing to rent everything from cars and apartments to…
Read more The ‘rent-first’ lifestyle is catching on. From cars to clothes and even caskets, here’s when it makes sense to buy vs. rentBlack Friday shoppers pick out clothing in a Lacoste store as retailers compete to attract shoppers and try to maintain margins on Black Friday, one of the busiest…
Read more Black Friday shoppers spent a record $9.8 billion in U.S. online sales, up 7.5% from last yearA package from Temu is seen in front of a screen with the Temu logo. (Photo by Nikos Pekiaridis/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images…
Read more Chinese fast fashion retailer Temu overtakes Shein to dominate Japan and South Korea appsWorld’s top luxury group LVMH head Bernard Arnault presents the group’s annual results 2022 in Paris on January 26, 2023. Stefano Rellandini | AFP | Getty Images Billionaire…
Read more Billionaire Bernard Arnault hits back at ‘absurd’ and ‘senseless’ money laundering allegationsPedestrians walk past a Levi’s store in Midtown Manhattan. Sopa Images | Lightrocket | Getty Images The CEO of the world’s most famous denim jeans company said he…
Read more Levi’s Strauss CEO says his biggest mistake was not firing the wrong people fast enoughA 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…
Read more Watches of Switzerland shares plunge by a quarter after Rolex buys retailer BuchererTwo people hold two Shein bags after entering SHEIN’s first physical store in Madrid, Spain, June 2, 2022. Cezaro De Luca | Europa Press | Getty Images Chinese…
Read more China’s Shein denies U.S. IPO rumorsPortland Press Herald | Portland Press Herald | Getty Images In recent decades, data from sports researchers revealed an encouraging trend: young girls were participating in sports in…
Read more Nike’s approach to solving the biggest problem for girls in sportsLululemon’s plant-based nylon shirt launches on its website on Tuesday. Photo courtesy Lululemon Lululemon has started to sell shirts that are made partly with nylon created from plant-based…
Read more Lululemon used tiny organisms instead of fossil fuels to make the nylon for its new shirtPeter Cade | Stone | Getty Images Luxury shoppers are getting wealthier and younger, with purchases by some of the newest consumers expected to grow three times faster…
Read more Gen Z is driving luxury sales as wealthy shoppers get youngerPeople walk past a store of the sporting goods retailer Nike Inc. at a shopping complex in Beijing, China March 25, 2021. Florence Lo | Reuters Nike on…
Read more Nike stock surges after earnings and revenue top expectationsGilbert Carrasquillo | Getty The chief executive and other senior leaders at Adidas discussed the potential fallout from its relationship with Kanye West as far back as four…
Read more Adidas employees raised concerns about Ye’s conduct for years, report saysKanye West at an event announcing a partnership with Adidas on June 28, 2016 in Hollywood, California. Getty Images Adidas on Wednesday cut its full-year guidance on the…
Read more Adidas warns of big earnings hit after ending Ye partnershipHow has the strong dollar impacted big multinational companies this quarter? Nike ‘s results after the bell on Thursday may offer a good preview of what’s to come…
Read more Nike’s results offer a clue about the strong dollar and the upcoming earnings season
