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☆ The $400 Tiffany & Co. and Nike sneaker collab is just the beginning — the brands are also hawking silver accessories like shoe horns totaling over $1000
▼ + stars: | 2023-02-02 | by ( Danni Santana | ) www.businessinsider.com time to read: +3 min

Nike and Tiffany & Co. are releasing their first sneaker collaboration next month for $400. Accessories are a sterling silver shoe horn, sneaker toothbrush, deubré, and a referee whistle. But the sneaker, dubbed the Nike Air Force 1 Low Tiffany & Co. "1837," is just the beginning. But in classic Tiffany's style, the luxury jeweler is selling a sterling silver shoe horn, sneaker toothbrush, deubré, and a whistle as part of the release. The brand also sells sterling silver photo frames, bowls, and pens, among other items.

☆ Nike's battle with Lululemon heats up with new lawsuit over sneakers
▼ + stars: | 2023-01-31 | by ( Danni Santana | Matthew Kish | ) www.businessinsider.com time to read: +2 min

Nike on Monday filed a patent infringement lawsuit against Lululemon over footwear. The case is the latest in a string of lawsuits filed by Nike against footwear competitors. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyNike is suing Lululemon, again. "Nike's claims are unjustified, and we look forward to proving our case in court," a Lululemon spokesperson said in a statement to Insider. Nike has sued a number of competitors over footwear designs in recent months, including Bape, Cool Kiy, and Warren Lotas.

☆ How shopping sites are using psychology to trick you into spending more — and 3 ways to avoid them
▼ + stars: | 2023-01-31 | by ( Avery Hartmans | Danni Santana | ) www.businessinsider.com time to read: +10 min

Online retailers use psychological tricks and tools to get consumers to make purchases. Offering incentives for adding more items to online carts like free shipping is another example of the psychological tricks a retailer can play. Buy online, pick up in storeBuy online, pick up instore was all the rage during the pandemic. So much of how we shop and make purchase decisions is subconscious, he said, and while you may rationally know that scarcity is a marketing tactic, your subconscious doesn't. Tips for avoiding retailers' marketing tricksJust being aware of these marketing tactics isn't enough to protect you from them, Goldberg said.

☆ Nike is teaming up with Tiffany & Co. on a $400 shoe. Sneakerheads aren't impressed.
▼ + stars: | 2023-01-30 | by ( Danni Santana | ) www.businessinsider.com time to read: +2 min

Nike and Tiffany & Co have confirmed a new collaboration sneaker. A Nike and Tiffany & Co collaboration sneaker is on the way. In separate Instagram posts, the retailers revealed the shoe box for the upcoming sneaker. The shoe marks Tiffany & Co's first collaboration with Nike. So far, sneaker collectors on Twitter are not as impressed with the upcoming Nike and Tiffany & Co. collaboration.

☆ 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.

☆ Meet Thom Browne, the stripe-obsessed designer who took on Adidas and won
▼ + stars: | 2023-01-26 | by ( Danni Santana | ) www.businessinsider.com time to read: +6 min

Thom Browne defeated Adidas in court this month over its right to use its four stripe design. Adidas sought roughly $7.8 million in damages — equivalent to the amount Adidas believed it would have earned through a licensing agreement with Thom Browne and profits Thom Browne made off the parallel stripe designs. Fashion Designer Thom Browne arrives at Manhattan Federal Court on January 03, 2023. Thom Browne made $285 million in 2021 revenue compared to $23 billion for Adidas, according to the New York Times report. By then, Thom Browne was dressing sports teams like the NBA's Cleveland Cavaliers and European soccer club FC Barcelona for pregame appearances.

☆ Wealthy boomers are buying more Skechers — and it's a problem for Nike
▼ + stars: | 2023-01-24 | by ( Danni Santana | ) www.businessinsider.com time to read: +3 min

Skechers ranks second only to Nike for US shoppers seeking casual footwear, according to Cowen. Skechers' cheaper shoes are helping lure customers away from Nike and Adidas amid high inflation. Skechers is seemingly taking customers away from Nike and Adidas, as high inflation prompts consumers to buy more affordable shoes, Cowen said. While more millennials and Gen Z are buying Skechers, older generations of consumers can largely be credited with the company's evolving reputation in casual footwear. Skechers preference share among adults 55 or older was around three times higher than younger customers in 2022, according to Cowen's study.

☆ It's the perfect time to start your sneaker collection
▼ + stars: | 2023-01-24 | by ( Danni Santana | ) www.businessinsider.com time to read: +7 min

Inflation and high inventory have created the perfect environment for new sneaker collectors. Sneakers are easier to getMost shoes have become relatively easy to get, said a sneaker collector who goes by Sockjig and is the host of the "Sockjig Sneaker Podcast." Sneakerheads new to the Snkrs app might have a better chance of getting one of those "unicorn" shoes, Sockjig said. Saucony is a popular brand among sneaker collectors following casual-fashion trends. And they've placed the emphasis on the Snkrs app," Burns said.

☆ Mass shooting leaves at least 9 dead in California after Lunar New Year festival
▼ + stars: | 2023-01-22 | by ( Cristian Santana | Linda Takahashi | ) www.cnbc.com time to read: +1 min

The skyline of Los Angeles, California, U.S.Nine people were killed in a mass shooting in Monterey Park, Calif. late Saturday, the Los Angeles County Sheriff's Department said in a statement. Bob Boese of the Los Angeles County Sheriff's Department told the Associated Press that the shooter is a male. The shooting came after thousands of people had gathered for a Lunar New Year Festival in the small city around 10 miles east of Los Angeles of about 60,000 people with a large Asian population. The two-day event features "food booths with various types of delectable items, amusement rides, and lots of live entertainment," according to the city's website. Police and fire units could be seen swarming the area in video posted to social media.

☆ Sneaker resale platform StockX says it turned away $100 million in fake items in 2022
▼ + stars: | 2023-01-19 | by ( Danni Santana | ) www.businessinsider.com time to read: +4 min

StockX says it rejected $100 million worth of counterfeit products from resellers in 2022. The resale marketplace said in its annual report that it recorded record revenues in 2022. Overall, the resale platform turned away over 330,000 fake items shipped by sellers for verification last year, according to its latest annual marketplace report. StockX currently inspects over 1 million items a month at its 13 authentication centers worldwide. Nike, Jordan Brand, Adidas, New Balance, and Converse once again were the top selling sneaker brands on the platform.

☆ Nike is going all in on luxury-obsessed Gen Z
▼ + stars: | 2023-01-15 | by ( Danni Santana | Matthew Kish | ) www.businessinsider.com time to read: +3 min

Nike CEO John Donahoe on CNBC this week said the company is focused on Gen Z in China. But some sneaker brands like Nike are deliberately targeting Gen Z and their supposedly frivolous spending habits to help bolster sales. The semiannual Piper Sandler survey of teenagers, which includes Gen Z, shows Nike and its Converse brand, and rival Adidas, atop the footwear category in the US. "I think that the buying power of our customer is much higher than it used to be," Schultz told reporters, referring to Gen Z. Meanwhile, Anta in mid-2021, announced a five-year strategy that includes focusing on Gen Z.

☆ Sneakerheads are replacing Yeezys with Crocs
▼ + stars: | 2023-01-13 | by ( Danni Santana | ) www.businessinsider.com time to read: +3 min

Crocs, New Balance, and Puma are some brands benefiting from Adidas Yeezys no longer being released. Crocs, New Balance, and Puma accounted for four "high-heat" sneaker drops in December, Nikic estimates. The Crocs brand has become synonymous with comfort, like Yeezy, and has previously released successful collaborations with both Bad Bunny and designer Salehe Bembury. "Smaller brands such as Puma, New Balance, and Crocs all generated some sneakerhead 'buzz,' likely aided by the lack of Yeezy, which freed up wallet share among sneakerheads," he said. Pictures of the first possible sneaker released without Ye have surfaced online.

☆ Crocs expects revenues to surge to record highs after it bought a little-known Italian shoe brand beloved by Gen Z
▼ + stars: | 2023-01-10 | by ( Danni Santana | ) www.businessinsider.com time to read: +3 min

But Crocs' 2021 Hey Dude acquisition has been lucrative. Hey Dude now accounts for about one-third of all Crocs company sales. But Hey Dude, a brand beloved by Gen Z, grew 70% and generated about $1 billion in sales last year. About one-third of Crocs company sales are now Hey Dude shoes, according to the company. Croc's growth has been fueled by a number of growing trends that are particularly popular with Gen Z like customization.

☆ Lululemon is everywhere and that's a problem
▼ + stars: | 2023-01-09 | by ( Danni Santana | ) www.businessinsider.com time to read: +4 min

At the ICR conference, Lululemon said it now expects gross margin to be down 90-110 basis points. At the ICR conference Monday, Lululemon said it now expects gross margin to be down 90-110 basis points, compared to small gains expected late last year. Lululemon does not break out Mirror sales in quarterly earnings. Adidas, as an example, expects gross margin to be down 900 basis points following its split from Ye, he wrote in a note Monday. "Inventory growth has likely peaked, which should alleviate gross margin pressure in FY23," he said.

☆ 6 sneaker trends to keep in 2023 and 2 to leave behind
▼ + stars: | 2023-01-06 | by ( Danni Santana | ) www.businessinsider.com time to read: +1 min

Pair performance shoes with casual wearHokas HOKA ONE ONEChunky performance shoes are now firmly part of casual wear. So expect to see more Hoka One One, Asics, On, and Salomon shoes on feet in 2023 in and out of the gym. "What's interesting is the brands are very performance focused. Another good example of this trend is the Salomon XT-6. "The Salomon XT-6 is a big shoe for 2023 for the simple fact that you get a nice, comfortable shoe that appeals to lots of different consumers, " Bryce Moore, a sneaker and fashion Youtuber, said.

☆ Stylists reveal 6 sneaker trends that are in and 2 that are out for 2023
▼ + stars: | 2023-01-06 | by ( Danni Santana | ) www.businessinsider.com time to read: +1 min

☆ A $1.3 million collection of rare sneakers goes on sale this month. Take a look at the most iconic pairs.
▼ + stars: | 2023-01-03 | by ( Danni Santana | Matthew Kish | ) www.businessinsider.com time to read: +1 min

The merchandise is auctioned at a gala event, then sold in limited quantities. In 2021, Nike made 17 pairs of Jordan 1 "What the Doernbecher" sneakers. The sneakers are so rare that there's no sales history for them on StockX. The pair is priced at $140,000, which would set a record for Impossible Kicks on a single purchase. The chain's highest transaction to date was $112,000 for a pair of Travis Scott Air Jordan 4 "Friends and Family Olive" and a pair of Jordan 11 "OVO Gold."

"Lizzo: Live in Concert" showcases the award-winning artist performing on stage during her "Special" tour. "Lizzo: Live in Concert" is a new music special set to stream exclusively on HBO Max. Check out the trailer for 'Lizzo: Live in Concert'"Lizzo: Live in Concert" was filmed in November 2022 at the Kia Forum in Inglewood, CA. How to watch 'Lizzo: Live in Concert'You can watch "Lizzo: Live in Concert" on HBO Max starting December 31. Though HBO Max doesn't offer a free trial directly, you can watch "Lizzo: Live in Concert" for free if you sign up for HBO Max through Prime Video.

☆ Central Park gate honors wrongly imprisoned ‘Exonerated 5’
▼ + stars: | 2022-12-20 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

They arrived in the chill of a late fall morning, some singing hymns, to dedicate a park entry to the men once known as the Central Park Five, but now remembered as the Exonerated Five. Master drummer Baba Don Babatunde, left, and civil rights activist Queen Mother Moore, right, lead a spiritual moment, during the Central Park gate-naming ceremony on Dec. 19, 2022, in New York. Raymond Santana Jr., left, one of five men exonerated, during a naming ceremony for the northeast gateway of Central Park, Monday. Bebeto Matthews / APSoon after, the convictions of the Central Park Five were thrown out in 2002 after the men served six to 13 years in prison. Other entrances to the park have been labeled to reflect groups of people who live and work in the city, with names like Artisans’ Gate, Scholars’ Gate and Strangers’ Gate.

☆ Did That Hit Arrive in 2022 or 1987? This Year, It Was Hard to Tell.
▼ + stars: | 2022-12-14 | by ( Jon Caramanica | ) www.nytimes.com time to read: +12 min

Turns out it’s the same sample, a sleight of ear designed to trigger warm nostalgia, and also maybe a little confusion. Even its video is optimized for recognition, with Santana doing the same stomp Beyoncé does in hers, in an almost identical outfit. Throughout 2022, that gambit has been deployed again and again — by pop singers and rappers, established stars and newbies. Here, old songs — hip-hop classics, pop novelties and more — are scrunched and stretched sometimes to the point of absurdity. These songs are concessions that say the quiet part out loud — everyone has always been borrowing voraciously, from everyone else, constantly.

☆ Struggling sneaker brand Vans is trying to lure millennials away from Nike and other brands with nostalgia, high heat collabs, and better arch support
▼ + stars: | 2022-12-13 | by ( Danni Santana | ) www.businessinsider.com time to read: +6 min

But Harrer, who joined Vans from Dollar Shave Club in April 2021, noted that Vans wasn't reminding people about those classic shoes. Vans stopped marketing its classic sneakers for some time before resuming earlier this year with the "Classic Since Forever" campaign. "Our top-tier limited-distribution footwear, which you may know as Vans Vault, has previously met the needs of influential footwear-trend accounts in the past," he said. With Vans Vault, the company takes classic shoes and collaborates with popular designers and boutiques on new colorways. Vans Vault releases compete with Nike, Adidas, Converse, and others for the general sneaker lover.

☆ Adidas needs Yeezy-like designs to thrive, but many sneakerheads say they're done with the brand
▼ + stars: | 2022-12-09 | by ( Danni Santana | ) www.businessinsider.com time to read: +3 min

In a note, Cowen analysts said Adidas has "a path forward" in selling popular shoes without Yeezy. Some sneakerheads will give Adidas' new offerings a chance, while others plan to skip the releases. "Our checks suggest there is demand for Yeezy-like designs among the sneaker community, despite clear reputational risk, and we expect management to launch new styles without Yeezy branding," Cowen analysts said. Cowen analysts estimated Adidas also has several million units of Yeezy inventory in warehouses. The company has lost over $1 billion in annual profit in the region since 2019, Cowen analysts said.

Conspiracy theorist Alex Jones, on the hook for more than $1 billion because of lies he spread about the 2012 Sandy Hook massacre, has filed for bankruptcy, court documents showed Friday. In seeking Chapter 11 protection, the Infowars host filed boilerplate bankruptcy documents in Texas, claiming he was worth $1 million to $10 million and had debts of $1 billion to $10 billion. Connecticut Judge Barbara Bellis later imposed punitive damages of $473 million for promoting those false conspiracy theories about Sandy Hook, bringing the bill to a staggering $1.44 billion. This is a developing story. Please check back for updates.

☆ World Cup delirium ignites alleys of Pakistan's 'mini Brazil'
▼ + stars: | 2022-12-02 | by ( ) www.reuters.com time to read: +2 min

Thousands turned out in "Mini Brazil" last Monday when Brazil played Switzerland, sporting the classic yellow and green colours of their favourite team as they gathered in front of large television screens to the sound of raucous music. "Very powerful matches and the Brazil match," said Ashiq Hussain, one of the young players from the academy, adding that he found the matches inspiring. "I went for my job wearing the Brazil shirt, and now at night, I am still wearing the shirt during the match," said another fan, Mohammad Yasin. Brazil's success in that match will draw out thousands more in "Mini Brazil" on Friday, when the team face off against Cameroon. If they draw or win, Brazil will top their Group G.If they lose and Switzerland win against Serbia, the goal difference will decide the top spot.

☆ Millions suffer from long Covid — and it costs them $9,000 a year in health-care expenses, on average
▼ + stars: | 2022-12-01 | by ( Greg Iacurci | ) www.cnbc.com time to read: +11 min

There is no cure or approved treatment for ME/CFS; as with long Covid, patient symptoms are merely treated or managed. 'People are trying all sorts of treatments'Getting an official long Covid diagnosis can be challenging, which can compound early expenses. Like many who suffer from long Covid, Pohl seeks relief from crippling symptoms wherever it's available. "There are so many of us now that it's taking months to see professionals," she said of long Covid patients. watch nowTime alone generally doesn't cure long Covid symptoms; it often requires some form of rehabilitation.

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