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Search resuls for: "Outerwear"


20 mentions found


☆ Luxury brands diverge: Tapestry stock rises while Capri slides after earnings
  + stars: | 2023-02-09 | by ( Noah Sheidlower | ) www.cnbc.com   time to read: +2 min
Tapestry , the company behind Coach and Kate Spade, beat analyst expectations Thursday for its second quarter earnings and raised its annual profit forecast. Though, it was a different story for its competitor Capri Holdings , whose brands include Michael Kors and Versace. Tapestry's gains, sending the stock up over 3% Thursday, came a day after Capri's disappointing third quarter earnings report. Rick Patel, managing director at Raymond James, said both Tapestry and Capri have "done a great job" bringing new, younger customers into their brands through social media and website appeal. Tapestry reported per-share earnings of $1.36 on Thursday, topping estimates of $1.27, according to a survey of analysts conducted by Refinitiv.
☆ The 50 fashion, beauty, and lifestyle companies set to take off and become the next great direct-to-consumer brands, according to The Lead
  + stars: | 2023-01-30 | by ( Danni Santana | ) www.businessinsider.com   time to read: +9 min
HydrowWhat it is: indoor rowing machineTotal capital raised: $255 million22. ipsaWhat it is: fine frozen dinners made to be heated on stove tops or in ovensTotal capital raised: Undisclosed23. MadhappyWhat it is: fashion and lifestyle brand focused on creating conversation around mental healthTotal capital raised: $1.8 million28. MugsyWhat it is: online retailer best known for its jeansTotal capital raised: None32 .Oliver CabellWhat it is: luxury footwear minus the markupsTotal capital raised: None33. The Normal BrandWhat it is: lifestyle brand that sells rugged clothing for men and women inspired by the MidwestTotal capital raised: None46. Win Brands GroupWhat it is: holding company with brands selling outerwear, home goods, and candlesTotal capital raised: $90 million50.
☆ Abercrombie, American Eagle signal upbeat holiday-quarter sales
  + stars: | 2023-01-09 | by ( Deborah Mary Sophia | ) www.reuters.com   time to read: +2 min
Jan 9 (Reuters) - Abercrombie & Fitch Co (ANF.N) and American Eagle Outfitters Inc (AEO.N) issued upbeat holiday-quarter sales forecasts on Monday as consumers snapped up their winter wear during the peak shopping season. Shares of Abercrombie, which owns the Hollister label, jumped more than 9%, while American Eagle climbed about 3%. It projected fourth-quarter operating margin between 6% and 8%, up from a range of 5% to 7% estimated previously. American Eagle also said its fourth-quarter revenue and profit margins were tracking at the high end of its forecasts, benefiting from its decision to right-size inventory and a better-than-expected performance at its American Eagle label. Last week, department store chain Macy's Inc (M.N) projected holiday-quarter sales toward the lower end of its previous forecast.
☆ The most ridiculous ways accused Capitol rioters got caught, from bad Bumble matches to an unbelievable Uber ride
  + stars: | 2023-01-02 | by ( Erin Snodgrass | ) www.businessinsider.com   time to read: +13 min
Without further adieu: The least surprising ways Capitol rioters got caught. 2 accused rioters made big Bumble blundersThese accused rioters' reach for romance landed them in trouble with the law. Officials charged Alam with several counts last year and he pleaded guilty to all charges in December 2021, according to the Justice Department. An unbelievable Uber ride was this accused rioter's downfallAlleged defendant Jerry Daniel Braun was turned in by his get-away car driver, according to court documents. "Well, because, so we could get to the Capitol," Braun replied.
☆ Top Marketers Are Turning Their Side Projects Into Legitimate Businesses
  + stars: | 2022-12-27 | by ( Patrick Coffee | ) www.wsj.com   time to read: +7 min
Turning side projects into stand-alone businesses or full-time occupations can be difficult or even impossible for chief marketing officers, whose jobs have become increasingly demanding and complex. “I loved the idea of Paris, especially as a place that I might someday pluck up the courage to start the company,” said Ms. Howard. Dashlane was unaware that Ms. Howard was developing a new company until she announced her resignation, she said. Soon after he left the soft-drink giant, Mr. Cottrill received a call from industry veteran Gary Koepke. New ideas, new challengesWorking on side projects has helped marketers develop different skill-sets and, in some cases, explore new careers.
☆ Lululemon just reported an 85% increase in inventory, but don't expect big holiday sales. Here's why.
  + stars: | 2022-12-09 | by ( Matthew Kish | ) www.businessinsider.com   time to read: +3 min
CEO Calvin McDonald doesn't expect to slash prices to clear merchandise. The company expects revenue between $2.605 and $2.655 billion. Chief Financial Officer Meghan Frank said the company expects inventory to clear throughout the current quarter. McDonald said he doesn't expect to cut prices in order to move merchandise faster, aside from typical markdown activity. But while he described it as a "premium brand" with "pricing power," he doesn't expect to raise many more.
☆ Valentino designer Piccioli, model Bella Hadid win at Fashion Awards
  + stars: | 2022-12-05 | by ( ) www.reuters.com   time to read: +1 min
[1/2] Designer Pierpaolo Piccioli and his wife Simona Caggia pose on the red carpet at the Fashion Awards 2022 in London, Britain, December 5, 2022. REUTERS/Henry NichollsLONDON, Dec 5 (Reuters) - Valentino designer Pierpaolo Piccioli and model Bella Hadid were among the winners at the Fashion Awards in London on Monday. Piccioli, who is creative director of the Italian luxury brand, was named designer of the year at the annual event. Hadid, a regular on the catwalks of fashion capitals Milan, Paris, London and New York took the title of model of the year. "To me fashion has a responsibility, I feel (I) have a voice and I want to use my voice even for who doesn't have a voice," Piccioli told Reuters on the red carpet before the awards.
☆ Leaked emails reveal what Revolve is paying influencers in its December ambassador contest — and some creators aren't impressed
  + stars: | 2022-12-02 | by ( Amanda Perelli | Marta Biino | ) www.businessinsider.com   time to read: +5 min
Online fashion retailer Revolve has established a large customer base by leveraging influencers. Leaked emails that were shared with Insider reveal the requirements and payment for its December contest. Online fashion retailer Revolve has grown its customer base by leveraging influencers through seasonal contests centered on product sales. But some influencers say Revolve's ambassador program and "product gifting" strategy are out of touch with typical payments. "I honestly am so fed up," this person said, noting another frustration with Revolve: that it requires influencers to buy their products without guaranteeing payment.
☆ The 13 Best Winter Hats for Women, According to Style Insiders
  + stars: | 2022-12-01 | by ( ) www.wsj.com   time to read: +6 min
By Leah Melby ClintonNecessary essential or fashion statement, a winter hat is a wardrobe must, period. Below, a breakdown of the four big winter hat trends this year, with the pros’ specific picks that combine warmth and sartorial elan. The perfect wool beanieAcne Studios Appliquéd Ribbed Wool Beanie $170 at Net-A-PorterA knit beanie is a wardrobe staple, and this 100% wool version from Acne was mentioned by multiple style pros. Retro-modern bucket hatA ’90s throwback moment enveloped the fashion industry this year, with the return of the bucket hat. Chic cashmere beanieThis warm all-cashmere style was a constant in Sanford’s wardrobe when she lived in the Northeast.
☆ Patagonia sues Gap for copying 'iconic' flap pocket
  + stars: | 2022-11-23 | by ( Jonathan Stempel | Industry Insight | Custom | ) www.reuters.com   time to read: +2 min
Nov 23 (Reuters) - Patagonia Inc, the high-end outdoor clothing retailer, filed a lawsuit accusing Gap Inc (GPS.N) of illegally copying the "iconic" snapped flap pocket it has used on fleece outerwear for more than three decades. In a Tuesday night complaint filed in San Francisco federal court, Patagonia said Gap is willfully and deliberately selling fleece jackets that mimic its flap pocket and rectangular "P-6" logo without permission. The lawsuit includes a one-star review posted online by a Gap customer who called a Gap product an "Obvious Pata*gonia ripoff. Patagonia said it introduced its Snap-T pullover fleece in 1985 and added the flap pocket four years later. The case is Patagonia Inc v Gap Inc, U.S. District Court, Northern District of California, No.
☆ Stores like Uniqlo, Timberland, and Arc'teryx will reward you for dropping off your unwanted clothes — they may even repair them
  + stars: | 2022-11-20 | by ( Jordan Hart | ) www.businessinsider.com   time to read: +6 min
Uniqlo's Manhattan flagship store offers low-cost repairs to worn clothes from the brand. PatagoniaWorn Wear is Patagonia's way of extending the life of its garments by allowing customers to trade in old clothes for store credit. According to the site, the old jeans are repurposed as part of a collaboration with Cotton's Blue Jeans Go Green, another recycling program. ReformationReformation's clothes recycling program, RefRecycling, has operated since 2015. LululemonLululemon's "Like New" section offers customers the option of gently used activewear at a cheaper price than the brand's new clothing.
☆ China and U.S. tourists in Europe help Burberry beat sales forecasts
  + stars: | 2022-11-17 | by ( Paul Sandle | ) www.reuters.com   time to read: +3 min
Under the creative direction of its new designer Daniel Lee, Burberry would "refocus on Britishness", it said. Known for its camel, red and black check and trenchcoats, Burberry kept near-term guidance to the end of its 2024 financial year of high-single digit revenue growth and a margin of around 20%. She said comparable store sales in mainland China, Burberry's biggest single market, fell 1% in the second quarter after falling 35% in the first, despite some local COVID lockdowns in September. "In the second quarter the situation eased considerably." Europe perform strongly, with sales up 25% in the second quarter, boosted by a rise in tourists from the United States, the Middle East and locations in Asia outside mainland China.
☆ Tourist spend and China helps Burberry beat sales forecasts
  + stars: | 2022-11-17 | by ( Paul Sandle | ) www.reuters.com   time to read: +2 min
Under the creative direction of its new designer Daniel Lee, Burberry would "refocus on Britishness", it said. It had targeted high-single digit revenue growth and a margin of around 20%. Comparable store sales in mainland China, Burberry's biggest single market, stabilised in the second quarter after falling 35% in the first, it said, despite some local COVID lockdowns in September. Europe continued to perform strongly, it said, with sales up 25% in the second quarter, boosted by a rise in tourists from the United States, the Middle East and locations in Asia outside mainland China. The Americas continued to be a weak spot, however, with sales in second quarter down 3%, reflecting some pressure in the entry level items and U.S. customers spending more in Europe rather than at home.
☆ Toys, washing machines, doughnuts: 10 items that actually got cheaper last month
  + stars: | 2022-11-16 | by ( Mike Winters | ) www.cnbc.com   time to read: +2 min
But the price of some items actually declined in the last month, from washing machines to jewelry to doughnuts. Inflation has cooled from a year-over-year June peak of 9.1% to 7.7% in October, so declines are expected for some items. Given the slowing economy and widespread concerns of a recession, price drops for high-end luxury items like smartphones and jewelry are to be expected, too, he says. While this is good news for shoppers, most items with price declines in October are still more expensive than they were last year. For instance, prices for washers and dryers declined by 7.8% last month, but they are still up 1.5% compared to last October.
☆ Early holiday shopping boosts October online spending - report
  + stars: | 2022-11-10 | by ( Ananya Mariam Rajesh | ) www.reuters.com   time to read: +2 min
Nov 10 (Reuters) - U.S. consumer spending rose in October as inflation-weary consumers took advantage of early holiday shopping discounts and deals offered by retailers including Amazon.com Inc and Walmart Inc (WMT.N), according to a report. Adobe Analytics reported online spending rose 10.9% to $72.2 billion in October compared with the prior month, but was on par with $72.4 billion a year earlier. According to the report, sales of holiday décor rose 189%, compared to daily average sales in August. Early October, Adobe forecast online sales in November and December to rise 2.5% to $209.7 billion, compared with an 8.6% increase a year earlier, as people would bring forward purchases to as early as October. However, this is expected to be the slowest pace at which U.S. online holiday sales will rise since at least 2015.
☆ Stocks making the biggest moves premarket: CVS, Estee lauder, Canada Goose and others
  + stars: | 2022-11-02 | by ( Peter Schacknow | ) www.cnbc.com   time to read: +3 min
Check out the companies making headlines before the bell:CVS (CVS) – CVS gained 1.9% in the premarket after reporting better-than-expected revenue and profit for its latest quarter. Estee Lauder reported better-than-expected earnings for its latest quarter. Canada Goose (GOOS) – The outerwear company cut its full-year revenue forecast, prompting a 2.4% premarket drop in its shares. Livent (LTHM) – Livent lost 4.7% in premarket trading after the lithium producer cut its full-year sales and profit forecast. Mondelez (MDLZ) – Mondelez gained 3.3% in the premarket after the maker of Oreos, Sour Patch Kids, and other snacks raised its full-year outlook.
☆ Stocks making the biggest moves premarket: Zscaler, BlackRock, Roblox and more
  + stars: | 2022-10-11 | by ( Peter Schacknow | ) www.cnbc.com   time to read: +2 min
Here are the companies making headlines before the bell:Angi (ANGI) – Angi shares added 2% in premarket trading after the online home services company named Joey Levin as CEO, replacing Oisin Hanrahan. Leggett & Platt (LEG) – Leggett & Platt tumbled 8.6% in the premarket after the industrial manufacturer slashed its full-year sales and earnings guidance. Meta Platforms (META) – Meta was downgraded to "neutral" from "overweight" at Atlantic Equities, which also lowered its price target for the Facebook and Instagram parent's stock to $160 per share. Roblox (RBLX) – Roblox slumped 4.3% in the premarket after the stock was rated "underweight" in new coverage at Barclays. Warner Music Group (WMG) – The music publisher's stock rallied 3.4% in premarket trading after Goldman Sachs began coverage with a "buy" rating.
☆ Prada plays with contrasts at Milan Fashion Week show
  + stars: | 2022-09-22 | by ( ) www.reuters.com   time to read: +2 min
Models present creations from the Prada Spring/Summer 2023 collection during Milan Fashion Week in Milan, Italy, September 22, 2022. Designers Miuccia Prada and Raf Simons opened the Spring/Summer 2023 show with sharp grey looks including pointy-collared shirts, slim-fit trousers and a jumpsuit. Register now for FREE unlimited access to Reuters.com Register"The clothes are about simplicity, with no unnecessary complication," Miuccia Prada said in a statement. Milan Fashion Week runs until Sept. 26 with the likes of heavyweights Gucci, Versace, Dolce & Gabbana and Giorgio Armani among those presenting their latest creations. Register now for FREE unlimited access to Reuters.com RegisterReporting by Marie-Louise Gumuchian; Editing by Alison WilliamsOur Standards: The Thomson Reuters Trust Principles.
☆ Capitol rioter who wore 'Camp Auschwitz' sweatshirt over 'SS' T-shirt on Jan. 6 is sentenced to 75 days
  + stars: | 2022-09-16 | by ( Erin Snodgrass | ) www.businessinsider.com   time to read: +2 min
A man who wore a Nazi-themed outfit at the Capitol riot was sentenced this week to 75 days in jail. The man's sentence is longer than most others' who pleaded guilty to the same misdemeanor charge. At least 910 people have been arrested in connection with the Capitol riot thus far. Robert Keith Packer pleaded guilty to a misdemeanor trespassing charge in January after striking a plea deal with the Justice Department last year. At least 910 people have been arrested in connection to the Capitol riot thus far, and nearly 400 people have pleaded guilty.
☆ Kate Moss’ rain boots at Glastonbury: A fashion moment to remember
  + stars: | 2019-06-26 | by ( Oscar Holland | ) edition.cnn.com   time to read: +4 min
CNN —Remember when Kate Moss wore wellies (that’s rain boots for those outside the UK) to Glastonbury? As the historic festival once again returns to Worthy Farm, we look back at one of its most memorable fashion moments. Pete Doherty and Kate Moss are seen at the Glastonbury Music Festival 2005. But an even more profound transformation was also taking place – that of the then-struggling Hunter Boot Limited. It has since become a bona fide festival fixture, producing rainwear, outerwear and boots in all manner of colors and styles.
Persons: Kate Moss, Moss, Britain’s, fashion’s, she’d, –, Pete Doherty, MJ Kim, ”, wellies, Hunter, Rita Ora, Rihanna, Cara Delevingne, Alexa Chung, Kate Organizations: CNN, Media, Glastonbury Music, rockstar, Hunter Boot Limited Locations: Glastonbury, Somerset, Chelsea
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