Nike has announced a new multi-year global partnership with Lego that will launch in 2025 to get more children playing and involved in sport. Merging Lego bricks with Nike‘s “Just Do It” spirit, the initiative will include collaborative product, content and experiences, according to a press release. Both companies have published dedicated pages on their...Read More
Some of the biggest stars in country music attended the 2024 ACM Honors ceremony in Nashville on Wednesday. Held at the historic Ryman Auditorium, four-time ACM Award winner Carly Pearce hosted the event, where Lainey Wilson, Trisha Yearwood, Walt Aldridge, Tony Brown, Luke Bryan, Alan Jackson and Shannon Sanders were recognized for their work and contributions...Read More
Urban Outfitters Inc. shares slid after the owner of the Anthropologie and Free People brands posted quarterly sales growth that came in below Wall Street’s expectations. The shares fell as much as 12 percent in premarket trading in New York after the company reported Wednesday that comparable sales in its retail segment rose 2 percent,...Read More
All products and services featured are independently chosen by editors. However, Footwear News may receive a commission on orders placed through its retail links, and the retailer may receive certain auditable data for accounting purposes. With the UTMB approaching, The North Face has revealed a collection of footwear and apparel done in partnership with the...Read More
Competition in the Latin American e-commerce market is heating up, with both local players and Asian heavyweights making inroads in a region dominated by one firm. Yet the task of dethroning “Latin America’s answer to Amazon,” as Mercado Libre is often called, remains daunting. Last year, 218 million of the region’s 670 million people used...Read More
Longchamp has conscripted Yitong Li, an up-and-coming Chinese actress, as its new face in the Chinese market. “We are delighted to welcome Yitong Li to the Longchamp family,” said Longchamp creative director Sophie Delafontaine. “Not only is she a highly talented actress, but her great energy and professionalism truly impressed me.” Delafontaine added that Li’s...Read More
The Estée Lauder Cos. is forecasting continued declines in prestige beauty in China next year. The beauty company, which just revealed that its longtime chief executive officer Fabrizio Freda will retire next year, said reported and organic net sales are forecast to range between a decrease of 1 percent to an increase of 2 percent in...Read More
To call the Air Jordan 1 High “Shattered Backboard” a fan-favorite sneaker would be an undersell. Debuting in 2015, it ushered in new levels of hype around the model and has become one of the most sought-after non-original Jordan styles in existence. Now, early rumors indicate the shoes will be coming back in their original...Read More
Last week, Walmart reported a surprisingly strong jump in revenue, which the retail giant’s leaders interpreted as a sign of the American consumer’s resilience. It could just as easily be the opposite: an indication that stretched shoppers are looking to trade down. Macy’s is intimately familiar with the trading down phenomenon, mostly as a victim....Read More
Walmart Inc. threw its weight around in the second quarter, gaining share as the world’s largest retailer became even bigger. Revenues for the quarter ended July 31 grew 4.8 percent to $169.3 billion, with comparable sales in the namesake U.S. business rising 4.2 percent on top of a 6.4 percent gain a year earlier. Although...Read More
