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☆ Brands and trends Gen Z brought back from the dead, from wraparound sunglasses to the 'baguette' bag
▼ + stars: | 2023-04-07 | by ( Mary Hanbury | Avery Hartmans | ) www.businessinsider.com time to read: +1 min

Ugg bootsUgg's $150 ultra mini platform boot. Piper Sandler's latest semi-annual survey of over 5,000 teens had similar findings: Ugg boots ranked as the No. Ugg's parent company, Deckers, is seeing the trend pay off. The company reported a 21% spike in new customers during its most recent quarter, particularly among 18 to 34-year-olds. That newfound popularity is partly tied to the release of its $150 mini platform boots.

☆ Teens drive $67 billion in spending. Here's where they're putting their money, and why it's bad news for some stocks
▼ + stars: | 2023-04-07 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +4 min

The wide-ranging survey saw teenagers reporting their spending this year will rise 2% from the spring of 2022 to $2,419. Gen Z girls are planning to pull back on clothing spending, which could spell trouble for apparel stocks in the months ahead. It's the top choice of places to shop for about 9% of the upper-income teens in the survey, Piper said. According to the survey, 49% of upper-income teens have purchased clothes on secondhand marketplaces like Poshmark, The RealReal and ThredUp , or at local thrift stores. Nike remains entrenched as the top apparel brand among all teens, a position it's held for more than 12 years.

☆ Retailers see a tough year ahead, so they're rolling out the recession playbook
▼ + stars: | 2023-03-16 | by ( Melissa Repko | ) www.cnbc.com time to read: +8 min

Now, major retailers are dusting off their playbook for a recession — or at least for a period of slower sales. Target shoppers can soon get a Starbucks coffee, make a return and retrieve an online purchases without leaving their cars. Some retailers are rethinking their approach to discounts while questioning other costs, such as giving away free shipping or deliveries without strings attached. Some retailers have also turned free shipping into a perk for only engaged or higher spending customers. Nike , for instance, offers free shipping for shoppers – if they share their personal data by joining its membership program.

In U.S. federal court, SHEIN has accused Temu of contracting social-media influencers to make "false and deceptive statements" against SHEIN in their promotions of Temu.com. If Temu loses, Temu could be forced to curtail what so far has been a key marketing strategy. SHEIN seeks to block Temu from using SHEIN's name for marketing, and it wants damages from sales that SHEIN can show came through deceptive or infringing marketing. Social media influencers on TikTok often mention SHEIN in posts about Temu, comparing the companies and their merchandise. In the U.S., Temu is paying social media influencers $100 to $1,000 an hour for content plugging the Temu marketplace on TikTok, Instagram and YouTube.

☆ Ugly As Sin and Toastier Than Hades: Meet the Puffer Shoe
▼ + stars: | 2023-02-23 | by ( Grace Cook | ) www.wsj.com time to read: +1 min

LAST DECEMBER, Marcus Wilson cracked. They resemble “the slippers my nana once wore,” Mr. Wilson said. “But they’re so warm I don’t care.”Behold the puffer—a clumpy, shlumpy, wildly unsexy breed of “ugly shoe” that makes Crocs look like Manolos. Basically parkas for your toes, these men’s and women’s styles are generally crafted from layers of padded insulation and water-resistant nylon. Prada makes a hefty boot version; Ugg offers a clog-like take; and Nike sells a fluffed-up mule.

☆ Investors need to embrace these stocks that we love
▼ + stars: | 2023-02-12 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +8 min

I’ve typically done this stock picking feature in early to mid February as a Stocks We Love type of story, pegging it to Valentine’s Day. The restaurant stocks in particular could do well. Inflation is obviously still a concern for big consumer brands. Consumer prices rose 6.5% over the past 12 months through December, down from a 7.1% pace in November. Up nextMonday: Earnings from TreeHouse Foods (THS), Avis Budget (CAR), FirstEnergy (FE), IAC (IAC) and PalantirTuesday: US CPI; Japan GDP; UK employment report; earnings from Coca-Cola, Asahi Group, Marriott (MAR).

☆ Ugg boots, a fashion staple of the early 2000s, are cool again thanks to Gen Z and Kylie Jenner
▼ + stars: | 2023-02-03 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +2 min

Ugg boots are back in fashion. Fashion-search index Lyst said Thursday that the brand was one of Q4's hottest items. The Ugg brand has gradually made a comeback over the past few years after a nearly decade-long hiatus. Deckers Outdoor Corp, which also owns the sneaker brand Hoka, saw sales at its Ugg brand grow throughout 2022. In a call with analysts on Thursday, Deckers execs said that consumer demand for its Ugg brand was still strong.

☆ Glossier, Ugg, Le Creuset: Product releases this week
▼ + stars: | 2023-02-03 | by ( Krystin Arneson | ) edition.cnn.com time to read: +8 min

There are a ton of great products that drop every week — and we’re here, as always, to keep you up to date on the best of them. This week brings the launch of Otherland’s ’90s-inspired candle collections, Ikea’s stunning collab with Sabine Marcelis and Le Creuset’s new matte navy cookware. Shop our favorite new releases below, but be fast — they’re prone to selling out. The $90 device comes in black, white, brushed steel and brass, so it’s also easy to match to your kitchen fixtures. Loungewear-meets-streetwear from the expertsUggIf anyone knows a thing or two about creating comfortable things to wear, it’s Ugg.

☆ Hoka shoes have their haters, but their popularity is growing, largely thanks Gen Z and millennial women
▼ + stars: | 2023-02-03 | by ( Danni Santana | ) www.businessinsider.com time to read: +3 min

Hoka One One grew sales 90% to $352 million in its fiscal third quarter, ending December 31. According to Deckers CEO David Powers, Hoka is seeing significant growth in the 18-34 consumer demographic. Gen Z and millennial women have especially driven sales growth for Hoka by regularly visiting the brand's website to view what's new and purchasing shoes, Powers said. "But you're seeing teenage girls and boys trading from traditional athletic brands into Hoka and raving about it." Deckers company sales grew to $1.3 billion in the third quarter, increasing 13% compared to the same period last year.

☆ Bank of America asked its analysts for their top 2023 picks—Here are the stocks
▼ + stars: | 2023-01-31 | by ( Hakyung Kim | ) www.cnbc.com time to read: +4 min

Stocks are off to a hot start for the year, and Bank of America analysts think some buy-rated names in their coverage universe can carry that momentum through the rest of 2023. Still, Bank of America asked its analysts to break down their top picks for 2023. "Upside risks are if the commercial aerospace and business aviation jet recoveries are better than expected, earnings could fare better than our projections," Bank of America noted. Bank of America has a price target of $120 per share, implying upside of about 20% from Monday's close. Domino's Pizza The world's largest pizza delivery company was chosen by Bank of America due to its promising growth potential.

☆ Hoka sneakers: Why these chunky, ugly running shoes are selling like crazy
▼ + stars: | 2023-01-31 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +4 min

Hoka, which started in 2009 in France as a running shoe for hardcore marathoners, is growing rapidly with casual runners, hikers and weightlifters. “There wasn’t anyone doing what Hoka was doing.”But Hoka carved out a niche in specialty running shops. By 2019, Hoka sales topped $220 million. “We don’t see this as just a running brand,” Deckers CEO David Powers said in October. “This is a running, trail, hike brand that is more like a North Face” than Brooks running shoes.

☆ Laid-off workers are posting on TikTok to regain a sense of control
▼ + stars: | 2023-01-19 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +6 min

To help cope, some laid-off workers are posting videos about their experience on TikTok. Some of them described it as a way to regain a sense of control over their life and career. After about 15 minutes of crying, she said, she had an idea: She'd record her grief and post the video on TikTok. What's more, turning to social media isn't the only way to tap your network to try and land a new role. A chance to reboot a careerWithin days of posting her video, Bhereur said, she had several informal interviews and even job opportunities.

☆ These 6 handbags are 'actually worth the investment,' says shopping expert: Chanel, Louis Vuitton, limited drops
▼ + stars: | 2022-12-30 | by ( Charles Gorra | ) www.cnbc.com time to read: +4 min

As the founder of Rebag, a designer handbag resale site, I've kept a close eye on the resale value of sought-after luxury goods. That's well above other major designer names — like Chanel, for example, which boasts an average value retention of 87%. Birkins have an average value retention of 96%, while the Kelly averages 108%. For example, the Nigo Keepall Bandoulière bag has a 119% average value retention, while the Louis Vuitton x NBA Ball in Basket Bag has a 147% average value retention. Up 12 percentage points from 2021, the brand's average value retention is 87%, although several bags exceed 100%.

☆ How an Instagram influencer earned $1 million from brand deals in her first year as a full-time creator
▼ + stars: | 2022-12-28 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +5 min

2022 was her first full calendar year working as a full-time influencer. She broke down for Insider how much she earned in brand deals each month. Now, Agutu is wrapping up her first year as a full-time influencer with about about 488,000 Instagram followers, and 730,000 total followers across Instagram, TikTok, and YouTube. Repped by Digital Brand Architects, a talent agency under the UTA umbrella, Agutu is closing 2022 with more than $1 million in revenue from brand deals on social media. Here's a full breakdown for Agutu's earnings from brand deals in 2022:Month (2022) Earnings from Brand Deals January $84,000.00 February $110,500.00 March $30,500.00 April $81,000.00 May $212,848.53 June $127,250.00 July $36,000.00 August $58,500.00 September $76,073.00 October $8,000.00 November $65,000.00 December $77,500.00Agutu is still waiting on about $76,000 from brand deals to be paid out, according to DBA.

☆ Retail sales fell 0.6% in November as consumers feel the pressure from inflation
▼ + stars: | 2022-12-15 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Retail sales for the month declined 0.6%, even worse than the Dow Jones estimate for a 0.3% drop. Stock market futures added to losses following the report, with futures tied to the Dow Jones Industrial Average off about 350 points. On a year-over-year basis, retail sales increased 6.5%, compared to a CPI inflation rate of 7.1%. In other economic news Thursday, the Labor Department said weekly jobless claims fell to 211,000, a decline of 20,000 from the previous period and well below the Dow Jones estimate for 232,000. Also, separate surveys from regional Federal Reserve districts showed contraction in manufacturing activity in December.

☆ Good Luck Finding These Uggs This Winter
▼ + stars: | 2022-11-16 | by ( Chavie Lieber | ) www.wsj.com time to read: 1 min

Lblanck Tejada, a 26-year-old Nordstrom retail associate at New Jersey’s Westfield Garden State Plaza mall, recently noticed an uptick in teenagers dashing to the Ugg section, then walking out disappointed. The shoppers, Mr. Tejada said, are all looking for the Ultra Mini Platform—a new take on Ugg’s shearling-lined boots, with a tiny shaft and a chunky base, that is selling out and giving rise to a retail frenzy.

☆ I visited an Ugg retail store and saw why the beloved early 2000s shoes are making a comeback
▼ + stars: | 2022-11-09 | by ( Ann Matica | ) www.businessinsider.com time to read: 1 min

This resurgence begs the question: are Uggs really back? With that in mind, I decided to visit an Ugg store in New York City to see if the brand really is thriving once again. Ann Matica/Insider

☆ This footwear stock is a 'rare, consistent compounder' that can climb 20%, Bank of America says
▼ + stars: | 2022-11-01 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Deckers Outdoor has been on a tear recently, and Bank of America thinks there's more upside to come. Analyst Christopher Nardone reinstated coverage of Deckers Outdoor with a buy rating, saying the footwear company has a strong portfolio of brands led by Hoka and Ugg that will help the stock outperform. Hoka is the "crown jewel" in Deckers' portfolio with a "clear runway for growth" as more consumers learn about the brand, according to the note. "We see additional growth opportunities outside the specialty run category and expect HOKA will continue to gain traction with non-core runners," read the note. Separately, the analyst expects that Ugg is "not just a pandemic winner" that will continue to gain market share from here.

☆ Stocks making the biggest moves midday: Uber, Abiomed, Peloton, Carvana, Molson Coors and more
▼ + stars: | 2022-11-01 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Uber – Shares of Uber jumped 12% after the company reported revenue that exceeded Wall Street's expectations. J&J shares fell 1%. Molson Coors Beverage – Shares of Molson Coors fell 3.8% after the beer giant reported earnings that fell short of expectations. Goodyear Tire – Shares fell 13% after the tire company's earnings fell short of expectations due in part to higher costs and a surging dollar. Gartner – The research firm was up 7.5% after it beat per-share earnings expectations, according to StreetAccount, and issued positive full-year guidance.

☆ Are Uggs really back in style? I visited one of the brand's retail stores and saw why the beloved early 2000s shoes are making a comeback — see inside.
▼ + stars: | 2022-10-29 | by ( Ann Matica | ) www.businessinsider.com time to read: 1 min

This resurgence begs the question: are Uggs really back? With that in mind, I decided to visit an Ugg store in New York City to see if the brand really is thriving once again. Ann Matica/Insider

☆ How startup Hilma raised a $3 million seed round from backers, including a former Nike exec and a Bonobos cofounder, to make running shoes more inclusive for women
▼ + stars: | 2022-10-27 | by ( Matthew Kish | ) www.businessinsider.com time to read: +5 min

The problem: Running shoes historically have been based off the shape of a man's foot. Hilma's shoes are made in varying shapes and widths in order to provide the perfect fit for every runner, regardless of foot shape or ability. Woman in Hilma running shoes. Hilma's launch follows Lululemon's footwear launch, which similarly prioritized female consumers and continues to exceed the company's expectations. Hilma's shoes are made in China and warehoused in the US before shipping to consumers.

☆ Here are Tuesday's biggest analyst calls of the day: Apple, Amazon, Tesla, Microsoft, Rivian & more
▼ + stars: | 2022-10-25 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Tuesday's biggest calls on Wall Street: Piper Sandler initiates Deckers as overweight Piper said it's bullish on the company's Hoka shoe brand. Bernstein reiterates Tesla as underperform Bernstein said it's concerned about China competition for Tesla. Mizuho reiterates Rivian as buy Mizuho said Rivian is best positioned with China concerns and potential EV slowdowns globally. Morgan Stanley reiterates Tesla as overweight Morgan Stanley lowered its price target on Tesla to $330 per share from $350 and said it's changing estimates to account for "unexpected headwinds." JPMorgan reiterates Apple as outperform JPMorgan said it has "resilient expectations" heading into Apple earnings later this week.

☆ The North Face is renaming its fleece jackets and spotlighting the Sherpa people
▼ + stars: | 2022-09-23 | by ( Brahmjot Kaur | ) www.nbcnews.com time to read: +5 min

The North Face is dropping the word “sherpa” from the name of its fleece jackets this fall, using the opportunity to highlight the heritage of the Sherpa people. The collection, which was called sherpa fleece jackets and vests, will now be called “pile” fleece, as will all of the company's fleece products moving forward. A Women's High Pile Nuptse Jacket by The North Face. The North Face has credited the Sherpa people for helping guide the company’s athletes for decades during expeditions in the Himalayan mountains. The North Face isn’t the only company to use the word "sherpa" to describe products.

☆ A 19-year-old college student who made $38,700 selling clothes on Poshmark explains how she finds inventory for $10 or less
▼ + stars: | 2022-09-14 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +4 min

She finds most of her inventory for $10 or less at local liquidation stores in San Antonio. Janae Smith started selling clothes on Poshmark as a side hustle during her spring break. Smith said liquidation stores were less common among Poshmark sellers and that she had noticed more eBay sellers shopping the bins. Janae SmithGet there earlyThe best time to shop at liquidation stores is as soon as the new inventory arrives, usually on Fridays. "You have to be the first couple of people in line" to get the best items, Smith said.

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