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☆ Google searches are becoming a bigger target of cybercriminals with the rise of 'malvertising'
▼ + stars: | 2024-09-05 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +7 min

Lowe's staff members were targeted via a Google ad for an employee portal claiming to be associated with the retailer. It's not a problem with Google, per se; malicious ads can also show up in queries using other search engines like Microsoft's Bing. "You see something appearing on a Google search, you kind of assume it is something valid," said Stuart Madnick, professor of information technology at MIT Sloan School of Management. Also avoid calling a telephone number listed in a sponsored ad because it could be a fake telephone number. Many privacy browsers have embedded ad blockers; consumers may still see sponsored ads, but they will see fewer of them, which minimizes the chances of malvertising.

Persons: Malwarebytes, Jérôme Segura, Erich Kron, Segura, Salesforce, It's, Bing, Stuart Madnick, Madnick, malvertising, isn't, there's, Avinash Collis, Kron, Chris Pierson, Pierson, Collis Organizations: U.S, Corporate, Google, MIT Sloan School of Management, Clearing, Gap.com, Consumers, Carnegie Mellon University's Heinz Locations: malvertising

[1/3] Customers are seen inside the Express store in Broomfield, Colorado August 28, 2013. At risk are retailers' margins during the critical holiday shopping season and their efforts to be the go-to location for trendy fashions. Shopper demand has put a strain on apparel retailers throughout the year, boosting inventories and forcing retailers including Gap, Victoria's Secret and Kohl's, to slash prices. Deals since October and over Thanksgiving weekend were up in both frequency and discounting depth, including from clothing retailers, according to research from Jane Hali & Associates. Express' third-quarter margins are expected to fall to 29.7% from 33.22% a year earlier, according to analysts' estimates on Refinitiv.

☆ Gap beats quarterly estimates on steady demand for formal clothing
▼ + stars: | 2022-11-17 | by ( ) www.reuters.com time to read: +2 min

Nov 17 (Reuters) - Gap Inc (GPS.N) beat Wall Street estimates for quarterly sales and profit on Thursday, helped by steady demand for its formal clothing and dresses from affluent consumers despite a surge in inflation, sending its shares up about 8%. However, Gap echoed retailer Kohl's (KSS.N), which on Thursday warned soaring prices of essential commodities had dampened lower-income consumer's spending on non-essential spending like apparel. Gap expects fourth-quarter net sales to be down in mid-single digits, compared with analysts' expectations of a 0.6% decline, according to Refinitiv IBES data. In October, Gap removed products from its Yeezy Gap line created in partnership with Kanye West, and shut down YeezyGap.com following the rapper's anti-Semitic comments. Gap's third-quarter net sales rose 2.5% to $4.04 billion, topping analysts' estimates of $3.80 billion.

☆ Gap Inc. launches its store on Amazon
▼ + stars: | 2022-11-10 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +2 min

New York CNNBusiness —Gap announced Thursday that it has officially launched its store on Amazon. While shoppers were able to buy Gap merchandise on Amazon previously through third-party sellers, the new partnership with Amazon Fashion marks the first time that Gap itself is selling its products on the online marketplace. The items, available for purchase beginning today on Amazon US and Amazon Canada, include the basics that Gap is known for — hoodies, T-shirts, denim, socks, underwear and sleepwear for adults, kids and infants. Gap (GPS) Inc. said its Amazon store will also include Baby Gap (GPS)-branded items such as nursery furniture, strollers, bassinets and cribs. None of the Gap items are exclusive to Amazon (AMZN), however, and will also be available for purchase in Gap stores and on Gap.com.

☆ Adidas ends Ye deal over hate speech, costing rapper his billionaire status
▼ + stars: | 2022-10-27 | by ( Uday Sampath Kumar | ) www.reuters.com time to read: +4 min

Adidas put the tie-up, which has produced several hot-selling Yeezy branded sneakers, under review this month. "Adidas does not tolerate antisemitism and any other sort of hate speech," the German company said on Tuesday. Forbes magazine said the end of the deal meant Ye's net worth shrank to $400 million. The magazine had valued his share of the Adidas partnership at $1.5 billion. On Tuesday, Gap, which had ended its partnership with Ye in September, said it was taking immediate steps to remove Yeezy Gap products from its stores and that it had shut down YeezyGap.com.

☆ In the span of a month, Kanye West has destroyed his empire
▼ + stars: | 2022-10-27 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

Ye, formerly known as Kanye West, has lost deals to the tune of billions of dollars this month. Ye later sent a box of the shirts to homeless people on Los Angeles' Skid Row in a move one local advocate said made "a mockery and political prop of Black Angelenos." Adidas and Gap cut their ties with Ye this week. A day later, fashion magazine Vogue and its editor-in-chief, Anna Wintour, said they had no plans to continue working with him. This week, famed talent agency CAA dropped Ye, and film and TV studio MRC shelved a finished documentary on him.

☆ Kanye West has a disturbing history of admiring Hitler, sources tell CNN
▼ + stars: | 2022-10-27 | by ( Chloe Melas | ) edition.cnn.com time to read: +5 min

CNN —Several people who were once close to the artist formerly known as Kanye West told CNN that he has long been fascinated by Adolf Hitler — and once wanted to name an album after the Nazi leader. The executive told CNN that West spoke openly about reading “Mein Kampf,” Hitler’s 1925 autobiographical manifesto and expressed his “admiration” for the Nazis and Hitler for their use of propaganda. Four sources told CNN that West had originally suggested the title “Hitler” for his 2018 album that eventually released as “Ye.” They did not want to be named, citing concern for professional retribution. TMZOne of the sources who spoke to CNN and was at the TMZ interview said West had favorably referenced Hitler. The revelation of West’s alleged history of admiring Hitler comes amid a wave of inflammatory actions by West that began earlier this month.

☆ Skechers says escorted Ye out of LA office after rapper arrived 'unannounced'
▼ + stars: | 2022-10-26 | by ( ) www.reuters.com time to read: +1 min

Oct 26 (Reuters) - Skechers USA Inc (SKX.N) said on Wednesday its executives escorted Ye, formerly known as Kanye West, out of a Los Angeles corporate office, after the rapper and fashion designer "showed up unannounced and uninvited". Skechers' comments come a day after sportswear brand Adidas AG (ADSGn.DE) ended its partnership with West, following a series of antisemitic comments from the celebrity. "We condemn his recent divisive remarks and do not tolerate antisemitism or any other form of hate speech," Skechers said. Apparel company Gap Inc (GPS.N), which terminated its tie-up with West in September, is also taking immediate steps to remove Yeezy Gap products from its stores and shut down YeezyGap.com. Shares of California-based Skechers were up nearly 1% in extended trading, after closing down nearly 10% on Wednesday.

☆ Ye's antisemitic comments show the risks companies face when they hook up with big-name celebs
▼ + stars: | 2022-10-26 | by ( Rachel Durose | ) www.businessinsider.com time to read: +6 min

The apparel company's decision to end its partnership with designer Ye, formerly known as Kanye West, shows the perils companies can face when they hand over the keys to impossible-to-control celebs. In some cases — such as in Ye's partnership with Adidas — the payoff of a relationship might not exceed the eventual cost. "A brand can spend hundreds of millions of marketing dollars building its brand and then see it all undone with a bad celebrity partnership." "The world was treating Ye a lot differently when the Yeezy deal was signed," said Monson. But he brought some of the allure and some of the danger with him that he infused into the Yeezy brand."

Gap Inc. is immediately pulling its Kanye West-designed Yeezy clothing line products from its shelves and has shut down its YeezyGap.com website in response to the rapper's antisemitic remarks, the company announced Tuesday. The move speeds up the end of a deal between the retailer and West, which was first announced in September. "Antisemitism, racism and hate in any form are inexcusable and not tolerated in accordance with our values,” Gap said in a statement Tuesday. Last month he sought to end the Gap partnership, first announced in June 2020, over what his lawyer called "substantial noncompliance" with the rapper's vision. Gap subsequently confirmed it was winding down the partnership, which included a clothing line with Balenciaga.

☆ Resale site The RealReal joins the list of companies cutting ties with Kanye West and his Yeezy line after the rapper's antisemitic remarks
▼ + stars: | 2022-10-25 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

The RealReal said Tuesday that it would not be accepting new listings for Yeezy products on its site. Adidas announced earlier that it would be ending its production of all Yeezy products. However, Adidas still plans to sell Yeezy designs under its own branding starting next year, according to Bloomberg. Shortly after Adidas's announcement, a slew of retailers made moves to pull Yeezy products from their stores. Gap said Tuesday it was removing Yeezy products from its stores and began redirecting visitors from YEEZYGAP.com back to Gap's homepage.

☆ Yeezy without the Ye? Who is new ‘sole’ owner
▼ + stars: | 2022-10-25 | by ( Jon Sarlin | ) edition.cnn.com time to read: +7 min

While the Adidas statement definitively closes the door on selling Yeezy branded products, according to legal experts I talked with, it opens the door for them to rebrand the existing Yeezy designs sans Ye. Haff told me that the “sole owner” sentence in Adidas statement is a legal “warning shot” to Ye. Could Ye now build out his own Yeezy fashion brand? Adidas’ Yeezy sneakers were some of the most coveted and influential shoes, often selling for thousands of dollars on the resale market. Last month, Cowen analyst John Kernan estimated that the Yeezy brand accounts for 4 to 8% of Adidas’ overall revenues.

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