Indonesia plans to establish a new state-owned enterprise (SOE) to rejuvenate its struggling textile and garment industry and shield it from fallout from U.S. President Donald Trump’s tariffs.…
Read more Indonesia’s Danantara bets a new $6B SOE can save a textile industry from Trump tariffs and foreign competition | FortuneA Fairfax County pilot program that aims to make it convenient for residents to recycle textiles is expanding to Lorton. This page contains a video which is being…
Read more Fairfax Co. expands popular textile recycling pilot program – WTOP NewsAt first sight, there’s nothing extraordinary about Alice Fox’s allotment in West Yorkshire, England. In fact, her garden community neighbors are “mostly oblivious” to the magic she weaves…
Read more Alice Fox’s Allotment Plot 105: A Visit to the Artists’s Garden and StudioOn this day in 1888, readers were reminded to ask their grocer for Goodwill Soap. Testimonials had established its popularity. For family or laundry purposes, it was unsurpassed.…
Read more History Happenings: July 2, 2024As Easter approaches, ensure your little one’s basket is filled with delightful gifts from Crate & Kids. The curated collection features everything from baskets to plush toys, creating a…
Read more Parenting: Adorable Easter gifts every child will loveMeet Toby! This adorable guy is hoping to find his forever home. His favorite activities are looking out the window, lounging by his humans, and getting brushed. At…
Read more Pet of the WeekOn this day in 1876, Moulton & Morey’s had something new! Lambrequins. Made of Japanese patented felted fabric, they were perfect imitations of “brocades of Lyons and Silk…
Read more History Happenings: Feb. 10, 2024With a rough 2023 in the rearview mirror, Levi Strauss & Co. this year is trying to tackle its problems with new pants. That includes pants with lighter-weight…
Read more Denim pioneer Levi’s is rolling out ‘tech pants’ and other new offerings this year. But will retailers stock them?When I got pregnant 10 years ago, I suddenly found myself reevaluating everything about my lifestyle- what I ate, what I drank, and how I cleaned my house.…
Read more Supermom In Training: My favourite natural cleanersAs sneaker makers try to stay relevant amid waning demand, Nike Inc. executives on Thursday said they were banking on “newness and innovation” to win over reluctant shoppers.…
Read more Nike says 'newness' is crucial to its growth. One analyst says it's not workingShares of Nike Inc. tumbled after hours Thursday after the athletic-gear giant warned of a “softer second-half revenue outlook” on its quarterly earnings call, and said it is…
Read more Nike shares dive, company eyes $2 billion in cost cuts amid 'softer' outlookNike beat expectations for second-quarter profit and announced a $2 billion cost-cutting plan, as it sees sales softening for the second half of its fiscal year. Continue reading…
Read more Nike Beats Profit Expectations, Sees $2 Billion of Cost CutsBy Andrea Figueras Adidas on Wednesday posted a decline in net profit and sales for the third quarter while it continued to reduce high inventory levels. The German…
Read more Adidas 3Q Net Pft EUR259MThe ending of the partnership between the artist Kanye West, who now goes by Ye, in October 2022 appeared to come after weeks of his comments about Jewish…
Read more Inside Kanye West’s troubled Adidas partnership: Tears. Rage. Thrown shoes. Even a scrawled swastika.Iconic German sandal maker Birkenstock Holdings Ltd.’s stock fell 10% out of the gate in its trading debut Wednesday, signaling that investors remain cautious about new deals and…
Read more Birkenstock’s stock falls 10% in trading debut after IPO priced at lower end of rangeIconic German sandal maker Birkenstock priced its initial public offering at $46 a share late Tuesday, a bit shy of the midpoint of its expected range, as investors…
Read more Birkenstock prices IPO at $46 a share, at low end of rangeHere are the day’s biggest movers: Stock gainers: Blue Apron Holding Inc.’s stock APRN, +133.52% rocketed by 134% after food-delivery start-up Wonder said it would acquire the company…
Read more Blue Apron notches triple-digit percentage gain while Nike rallies after earnings beat and boosts Foot Locker stockInvestors bid up Nike’s rivals Adidas and Puma in early European markets action, after their U.S. peer beat first-quarter earnings forecasts. Adidas shares ADS, +6.09% jumped 6%, and…
Read more Adidas and Puma shares rally after Nike resultsNike Inc. on Thursday reported a fiscal first-quarter profit that beat expectations, although revenue came up just shy of Wall Street’s estimates, amid a drop in sales for…
Read more Nike stock rises as profit beats estimates and inventories fallWe’ve detected you are on Internet Explorer. For the best Barrons.com experience, please update to a modern browser. Summary Summary U.S Europe Asia FX Rates Futures ETFs Crypto…
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