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☆ Dr. Martens shares plunge 30% to all-time low, trading briefly halted on weak outlook
▼ + stars: | 2024-04-16 | by ( April Roach | ) www.cnbc.com time to read: +1 min

Dr. Martens is a brand of footwear known for its yellow stitching and patented air-cushioned soles. The brand was adopted by British punk rockers in the 1970s, but went mainstream during the grunge movement of the 1990s. Shares of Dr. Martens plunged 30% on Tuesday to hit a record low in early deals, after the shoemaker flagged a challenging 2025 outlook on the back of weaker revenues. Trading in the company shares was temporarily suspended on the London Stock Exchange after the firm issued an unscheduled trading update. In a Tuesday note, analysts at RBC flagged a negative sentiment on the stock and said that markets would focus on the 2025 guidance in the short term.

Persons: Martens, Kenny Wilson, Ije Nwokorie Organizations: London Stock Exchange, RBC Locations: British

Best Cyber Monday boot salesBearpaw: Up to 30% off full-price styles and up to 60% off sale styles. Select styles are 25% of with code DSW: Use code BLACKFRIDAY to save 30% plus an extra 10% OFF. Use code to save 30% plus an extra 10% OFF. Macy's: Boots deals start at just $19.99. Save 30% sitewide.

Persons: Cory, Booties, . Martens, Boots, Cole Haan, Marc Fisher Steve Madden, Steve Madden, Stuart Weitzman, FORYOU25 Organizations: Nordstrom, Columbia, FORYOU25 Locations: Hunter ,

Thanks to the many Black Friday boot deals on sale, however, you can feel a little more relaxed about your wardrobe refresh. We've been doing lots of research to find you the best Black Friday deals across tech, home, fashion and many more. Best Black Friday boot salesBearpaw: Up to 30% off full-price styles and up to 60% off sale styles. Up to 30% off full-price styles and up to 60% off sale styles. Select styles are 25% of with code DSW: Use code BLACKFRIDAY to save 30% plus an extra 10% OFF.

Persons: Cory, Booties, We've, . Martens, Boots, Cole Haan, Marc Fisher Steve Madden, Steve Madden, Stuart Weitzman, FORYOU25 Organizations: Nordstrom, FORYOU25

☆ 30-year-old works ‘2 hours a day’ on her side hustle and makes $22,000/month in passive income—here’s her typical week
▼ + stars: | 2023-11-23 | by ( Domonique Brown | ) www.cnbc.com time to read: +3 min

I make $22,000 a month in passive income from online sales through my website, Etsy, Society6, and retailers like Target and Home Goods. The best part is that I spend an average of just two hours a day on DomoINK. On Wednesdays, I typically work on a new art piece and film the entire process to post online. Photo: Domonique BrownMy work was featured in Target's 2023 Black History Month collection. My artwork will also be featured on stationary for Walmart's Black History Month collection.

Persons: I've, Martens, Domonique Brown, Domonique, I'm, Goody, Fleur Organizations: Target, Goods, Disney, Samsung, Lowe's, Adobe, Santa, NASCAR, Walmart, Broad Museum, Angeles County Museum of Art Locations: Santa Monica , California

☆ Birkenstock's IPO is set to boost another footwear stock by 65%, analyst says
▼ + stars: | 2023-10-13 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Birkenstock 's recent initial public offering (IPO) is expected to help boost shares of British footwear brand Dr. Martens , according to Investec analysts. The analysts pointed out that Birkenstock's sales last year were slightly higher than Dr. Martens' projected sales this year. However, the German company sells over twice the volume of footwear as Dr. Martens, which has a higher average selling price. DOCS-GB YTD line Similarities and differences Birkenstock's business model and brand ethos have many similarities to Dr. Martens, according to the analysts. RBC said it has a "Sector Perform" rating, equivalent to "hold" at other investment banks, on Dr. Martens.

Persons: Birkenstock, Martens, Kate Calvert, Ben Hunt, Dr Martens Organizations: New York Stock Exchange, RBC Capital Markets, RBC Locations: London, British, Germany, U.S, Europe, Asia, Pacific

☆ Birkenstock walks tightrope with $11 bln price tag
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: +2 min

A pair of shoes is pictured in a window of a Birkenstock footwear store in Berlin, Germany, January 21, 2021. REUTERS/Fabrizio Bensch Acquire Licensing RightsLONDON, Oct 2 (Reuters Breakingviews) - Birkenstock is taking a bold step forward. Fresh from publicity from the Barbie movie, the German sandals maker is targeting a valuation of up to $11 billion, including debt, in its New York stock listing next week. Hoping to build confidence among investors, owner L Catterton has secured the backing of anchor investors including Bernard Arnault’s investing vehicle Financière Agache and Norway’s wealth fund. At $44 to $49 per stock, the offer values the group’s equity between $8.3 billion and $9.2 billion.

Persons: Fabrizio Bensch, L Catterton, Bernard Arnault’s, Martens, Pamela Barbaglia, Lisa Jucca, Oliver Taslic 私, 「 Organizations: REUTERS, Reuters, Nike, 「 Reuters Locations: Berlin, Germany, New York

☆ Doc Martens, Bomber Jackets, No Ties: Parsing Gen Z Politicians’ Style
▼ + stars: | 2023-09-17 | by ( Rachel Janfaza | ) www.nytimes.com time to read: +1 min

Caleb Hanna, a Republican in West Virginia’s House of Delegates, also said his clothes could set him apart from colleagues. On Fridays, he said, there is a tradition among some Republican members of the State House of Delegates to wear camel suit jackets, a decades-old ritual in which he has not participated. “I think that politics today is a lot different from politics of the past,” Delegate Hanna, 23, said. He started wearing the beret while organizing Black Lives Matter protests in 2020, he said. Later, when he announced his campaign for City Council, it became a way for people to recognize him.

Persons: Caleb Hanna, “, Hanna, ” Mr, Vineyard Vines, ”, “ I’m, Chi Ossé, . Martens, Ossé Organizations: Republican, West Virginia’s House, State, Vineyard, City Council, Black Panthers, New Locations: West Virginia’s, West Virginia, Brooklyn, City

☆ The Bald Power of Sinead O’Connor
▼ + stars: | 2023-07-26 | by ( Vanessa Friedman | More About Vanessa Friedman | ) www.nytimes.com time to read: +1 min

It was the bald head that became the avatar of a million dreamy rebellions; the shaved pate that bridged the gap between the angry and the sublime. It is almost impossible to think about Sinead O’Connor, the Irish singer whose death was reported on July 26, or her work, without thinking about her hair. Or lack of it. Even in the few periods when she grew her hair back, she was often referred to as the “formerly bald” Sinead O’Connor. And as such, she was an integral part of the renegotiation of old stereotypes of gender, sexuality, rebellion and liberation that is still going on today.

Persons: Sinead O’Connor, “, O’Connor, Martens, Pope Organizations: Irish, Ireland ” — Locations: Ireland

With Amazon Prime Day upon us, the flood of clothing deals makes all of us wonder which ones are actually worth spending on. We've collected the best Prime Day clothing deals for men, women, and children, so you can narrow down which discounts will help refresh your closet for less. For more Prime Day savings, check out our roundup of the best beauty deals to see what other exclusive sales we've found. Best Prime Day deals on athleisure and workout clothesAmazon carries an impressive array of performance wear from the top brands. On select sizes and colors, you can get up to 60% off, the lowest Prime Day price to date.

Persons: We've, Price Calvin Klein, Calvin Klein racerback, Grey Heather, Levi, Ellie, that'll, henley, it's, Martens, Steven Madden, Kenneth Cole, we've, Herschel, JW Pei, Vera Bradley Microfiber, Vera, Michael Kors Parker, Michael Kors Organizations: Amazon, Adidas, Prime, Amazon Deal, Chelsea, Columbia, Herschel Supply, Michael Kors Parker Stainless Steel Locations: Italy, Colombia

Prime Day 2023 ends tonight and we're still working hard to round up all the best deals of day 2. Down to $164.99, this Prime Day price matches the record low we saw for Black Friday. On select sizes and colors, you can get up to 60% off, the lowest Prime Day price to date. Even with a newer C3 model out this year, this remains a better value, especially at this current Prime Day deal price. This Prime Day deal is the best price we've ever seen, and it's only available by invite for Prime members during Amazon Prime Day.

Persons: we're, we've, snagging, We're, I've, Sarah Saril, you've, we'd, We've, they're, it's, Amazon’s, eero, You'll, Apple, Bose, AirPods, Price, Price Roku, Dolby, Max, Price Casper, Casper, Coop, it’s, It's, Rich, wicks, Price Bowflex, Garmin Venu, Venu, you’ve, Luna, Riley C.E.O, Sunday Riley, It’s, Murad Retinol, Kit Burt's, Kit, They're, Snuggies, Elaine Benes, Kenneth Cole, Steven Madden, Martens, Ray Bans, Vines, Price Calvin Klein, Calvin Klein racerback, Grey Heather, Now's, JW Pei, Price Honeywell, Price Apple, Price Arlo, we’ve, fryer, Bento, bento, you'll, LaCroix, seltzer, Foodi, Fryer, Pro Air Fryer, Price Dyson, Dyson, Hoover, Decker, Bissell, Price Dell, Price LG, Ed, Swift, Zelda, Price Hori, Con Organizations: Tech, Apple, Amazon, Prime, Black, Alexa, Amazon's, Echo Studio, Music, Price Apple, Price Sony WH, Sony, Samsung, LG, Walmart, Casper, Health, Bands, Price Garmin, Garmin, OSHA, Optimum, Theragun's, Amazon Prime, Sunday, Panasonic, frizz, Amazon Deal, GAP, Adidas, Chelsea, Deal, Navy, Columbia, Honeywell, Energy, Steam, IRIS, GE, Oster Digital, Fryer, Oster, OmieGo, ICE, Pro Air, ICM, Deal LG, Fire, Price LG, PlayStation, Google, Price NVIDIA, HP, Price Samsung, MacBook Air, Asus, Mobile, Lenovo, Intel, AMD, Monitor, Seagate, Dell, Monitor Samsung, ASUS, Gaming, EA Star Wars, Star, Nintendo, Gray, Super Nintendo Entertainment Locations: Siena, Birch, Sol, Colombia, Cha Kyusu, sharpener, Whynter, it's, It's

Down to $164.99, this Prime Day price matches the record low we saw for Black Friday. $10.14 from Amazon Originally $25.00 Save 59%Prime Day deals: StyleWe've got you covered for head-to-toe deals across the fashion world today. This Prime Day deal is the best price we've ever seen, and it's only available by invite for Prime members during Amazon Prime Day. $12.99 from Amazon Originally $23.99 Save 46%More Prime Day dealsDeal icon An icon in the shape of a lightning bolt. You'll also get a bonus of $10 with this Prime Day deal when you use the code "HAPPY" and spend $50.

Persons: we've, snagging, We're, you've, we'd, We've, they're, it's, Amazon’s, eero, You'll, Apple, Bose, AirPods, Price, Price Roku, Dolby, Max, Price Casper, Casper, Coop, it’s, It's, Rich, wicks, Price Bowflex, Garmin Venu, Venu, you’ve, Riley C.E.O, Sunday Riley, It’s, Murad Retinol, Kit Burt's, Kit, Kenneth Cole, Steven Madden, Martens, Vines, Herschel, Price Calvin Klein, Calvin Klein racerback, Now's, JW Pei, Price Apple, Price Arlo, we’ve, Bento, bento, you'll, LaCroix, seltzer, Foodi, Fryer, fryer, Hoover, Decker, Dyson, Bissell, Zelda, Price Hori, Con, Ed, Collar, Gray, Inaba, Brown Rice, Robin Organizations: Apple, Amazon, Prime, Black, Alexa, Amazon's, Echo Studio, Music, Amazon Deal, Price Apple, Samsung, LG, Walmart, Casper, Health, Bands, Price Garmin, Garmin, OSHA, Optimum, Theragun's, Amazon Prime, Sunday, Panasonic, frizz, Adidas, Chelsea, Herschel Supply, Deal, Navy, Columbia, Energy, Steam, IRIS, GE, OmieGo, ICE, Quart, ICM, Deal LG, Fire, Price LG, PlayStation, Google, Price NVIDIA, Computers, Gaming, Nintendo, MacBook Air, Asus, Mobile, Lenovo, Intel, AMD, Monitor, Seagate, Dell, Monitor Samsung, Gray, Super Nintendo Entertainment, ASUS, Buffalo, Pets, Deal Samsung Galaxy, Galaxy, Fujifilm, Marvel, Deal Indiana Jones, Indiana Jones, — Raiders Locations: Siena, Birch, Sol, Colombia, Cha Kyusu, sharpener, Whynter, it's, It's, Kingdom

☆ Temu sellers are now even copying product photos, descriptions, and entire Amazon storefronts, lawsuits allege
▼ + stars: | 2023-07-11 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +3 min

Amazon sellers told Wired that sellers on the ultra-cheap marketplace Temu are copying their listings. Sellers told the publication that their Amazon sales have recently declined. According to an article by tech publication Wired, Amazon sellers have discovered their products are being sold on the ultra-cheap marketplace Temu for less. While the site has been known to sell counterfeit and knockoff goods, in some cases, Temu sellers have copied product photos, descriptions, and keywords directly from the original Amazon listings. In 2020, Amazon established its Counterfeit Crimes Unit, which works with brands to identify and remove counterfeit products.

Persons: Sellers, Temu, they've, sneakerheads, Nike Air Jordan knockoffs, Shein, Ralph Lauren, Oakley, Martens Organizations: Service, Wired, Temu, Bloomberg, Nike Air Jordan, Amazon Locations: Wall, Silicon, Europe, China

☆ Shein wants to be the next Amazon Marketplace. It's already dealing with counterfeits and copyright issues.
▼ + stars: | 2023-07-06 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +4 min

Until recently, Shein has relied on sourcing its products through its on-demand manufacturing model. Last month, the Chinese-owned e-commerce company expanded its marketplace beyond clothing and introduced home appliances, electronics, gardening supplies, and kitchen utensils, among other categories. But to grow its offerings, the company took a page out of Amazon's Marketplace playbook and opened its marketplace to third-party retailers in May. In doing so, it may invite more of the same counterfeit and copyright infringement issues that Amazon's marketplace has faced. In 2020, Amazon established its Counterfeit Crimes Unit, which works with brands to identify and remove counterfeit products.

Persons: Shein, —, skimpy swimsuits, Ralph Lauren, Oakley, Martens, sneakerheads Organizations: Service, Nike Air, US Customs, US Chamber of Commerce, Amazon, Bloomberg Locations: Europe, China

☆ Will Ripped Jeans Ever Go Out of Style?
▼ + stars: | 2023-05-29 | by ( Vanessa Friedman | ) www.nytimes.com time to read: +1 min

I am perplexed by the ripped jeans looks. And if not, how do you wear ripped jeans with style?— Connie, Marblehead, Mass. The retailers sent the jeans back. That was 40 years ago, and, as Mr. Martens pointed out, distressed styles have helped power Diesel’s parent company to revenues of more than a billion euros last year. Mr. Bravado and Ms. D’Amore believe such one-off distressed jeans have reached the status of “timeless,” like the white shirt.

☆ I got a job on Netflix's 'Next in Fashion' by DMing a producer on Instagram. Here's what my job is like as a stylist
▼ + stars: | 2023-03-03 | by ( Eboni Boykin-Patterson | ) www.businessinsider.com time to read: +12 min

She landed a stylist job on season 2 of 'Next in Fashion' after dropping out of fashion school. I wouldn't have been able to land my first major stylist job at New York Fashion Week if I had been at school. Three days later, he called and said he was on the New York Fashion Week calendar, and asked if I would style his show. These are a few models I styled for Nicholas Raefski’s Fall/Winter 2022 presentation at New York Fashion Week. I was allowed to make TikTok content on the Netflix set, as long as I didn't give away anything creatively.

☆ Even bad news is good news for Rupert Murdoch
▼ + stars: | 2023-01-25 | by ( ) www.reuters.com time to read: +2 min

NEW YORK, Jan 25 (Reuters Breakingviews) - A remarkable thing about Rupert Murdoch is that the wily media mogul makes out OK even when his plans fall apart. Despite abandoning the idea to recombine his Fox (FOXA.O) and News Corp (NWSA.O) empires, simply proposing and studying the idea helped uncover some hidden value. In any case, he’s likely try to unite them again someday anyhow. Both Fox and News Corp conceded on Tuesday that a merger wasn’t a good idea for shareholders “at this time.” It suggests that Murdoch, who tends to get his way, will eventually try again. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Juul is worth at least one more puff
▼ + stars: | 2023-01-25 | by ( ) www.reuters.com time to read: +2 min

Philip Morris International (PM.N), Japan Tobacco (2914.T) and Altria (MO.N) may want to buy Juul, the Wall Street Journal reported on Wednesday. There’s a big regulatory cloud hanging over the smokeless trailblazer, but there are reasons to spark up a deal. Juul stands accused by the U.S. Food and Drug Administration of marketing its product to underage users, prompting the agency to seek removal of its products from shelves. Juul would need to hawk some $250 million of e-cigs annually to justify today’s imputed $1 billion valuation, based on the multiple of sales the Altria enterprise fetches. At a big discount, it makes the business worth one more puff.

☆ Thrive Capital kicks off bestie race
▼ + stars: | 2023-01-24 | by ( ) www.reuters.com time to read: +2 min

NEW YORK, Jan 24 (Reuters Breakingviews) - Josh Kushner is getting some help from friends. Thrive sold that same small stake to Goldman Sachs (GS.N) in mid-2021, then bought it back last December. If Kushner has trouble raising capital down the road, it’ll help having wealthy friends with an established rolodex. As the venture market faces a downturn the likes of Kushner haven’t seen, a seasoned set of confidants will be needed. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Cellnex takeover would disrupt key strategic pivot
▼ + stars: | 2023-01-20 | by ( ) www.reuters.com time to read: +2 min

LONDON, Jan 20 (Reuters Breakingviews) - A week after founder Tobias Martinez resigned from his chief executive role, Cellnex (CLNX.MC) could also lose its shareholders. Meanwhile the departure of Martinez was expected to herald a return to sobriety in a sector where low interest rates and high leverage boosted consolidation. In the age of higher interest rates, it may be time for the former predator to become prey. Okdiario hints that Cellnex’s main shareholders, led by Italy’s Benetton family with an 8% stake, are inclined to sell. Everything has a price, but the high premium needed to convince shareholders to change tack amid a strategic pivot could be hard to justify.

☆ “Angry Birds” buyout may have more levels to beat
▼ + stars: | 2023-01-20 | by ( ) www.reuters.com time to read: +2 min

LONDON, Jan 20 (Reuters Breakingviews) - Remember “Angry Birds”? Finland-listed Rovio Entertainment (ROVIO.HE) has used the round-headed creatures to create a long series of mobile games, two films, plush toys and more. That makes strong long-time brands like “Angry Birds” more attractive. Rovio’s share price was hovering around 7.50 euros on Friday morning, or 20% below Playtika’s bid. That’s probably because Rovio’s board, which said it learnt about the offer “nearly simultaneously” with its public release, sounded unimpressed.

☆ Singapore Airlines extends its India runway
▼ + stars: | 2022-11-30 | by ( ) www.reuters.com time to read: +2 min

On Tuesday Singapore Airlines (SIAL.SI) and Indian conglomerate Tata agreed to merge their nine-year-old jointly owned carrier Vistara with Air India, whose enterprise was valued at $2.4 billion when Tata bought it just over a year ago. Air India, meanwhile, will get a deep-pocketed partner willing to inject as much as $615 million more in capital over the next couple of years, if needed. Singapore Airlines’ ability to finance the deal with cash speaks volumes about its strong financial position. In any event, its ability to upgrade its seat in India will serve Singapore Airlines well. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Ireland picks cheeky moment to lift bank bonus cap
▼ + stars: | 2022-11-30 | by ( ) www.reuters.com time to read: +2 min

LONDON, Nov 30 (Reuters Breakingviews) - Ireland’s plan to lift a cap on bankers’ bonuses looks ill-timed. On Tuesday, Finance Minister Paschal Donohoe said Dublin will lift a 500,000 euro crisis-era cap on annual executive salaries and allow bonuses of up to 20,000 euros for bank workers. However, Irish bank bosses have long argued salary constraints made it difficult to retain top talent. The remaining big bank duopoly of AIB (AIBG.I) and Bank of Ireland (BIRG.I) means a customer backlash is unlikely as there is little alternative. Still, championing higher pay for bankers is a gutsy move in the middle of a cost-of-living crisis.

☆ Rate shock calls time on funky debt boom
▼ + stars: | 2022-11-29 | by ( ) www.reuters.com time to read: +2 min

The Luxembourg-based group’s move portends a shakeout in the once vibrant market for funky debt that has equity-like characteristics. Hybrid debt boomed during the low-rate era, with issuance topping 35 billion euros last year, according to ING. Yet calling bonds now means issuing new securities at a high cost, especially for weaker companies. Some, like Telefonica (TEF.MC), are still issuing, even at a higher cost. If investors demand higher returns to compensate for the risk of extension, the result will be a smaller, more discerning market.

☆ Nestlé U-turn is refreshing example of M&A candour
▼ + stars: | 2022-11-29 | by ( ) www.reuters.com time to read: +2 min

It’s less common for them to admit as much and reverse tack after just two years. Nestlé originally touted potential annual sales of $1 billion for the drug, which had received U.S. Food and Drug Administration approval. Nestlé Chief Executive Mark Schneider can arguably afford to be honest, rather than trying to bury the M&A flop within his $330 billion behemoth. That’s because his overall acquisition strategy seems to be working. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

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