Archive | 2024

bruno-nascimento-PHIgYUGQPvU-unsplash

Nike Is Losing Its Competitive Edge

Nike delivered some coal to investors’ stockings in the second quarter 2024. The quarter ended November 30, so it includes a good chunk of holiday sales.Revenues advanced a mere 1% to $13.4 billion, and the company warned third-quarter revenues would be down slightly, suggesting it doesn’t expect a robust late-season holiday surge either.Given greater visibility […]

pexels-markus-spiske-3806753

Luxury Outlet Stores Are Booming, But Brands Take Risks Putting Goods On Sale

Gucci is celebrating the 70th anniversary of its iconic Horsebit hardware motif, introduced first on men’s loafers in 1953. It tapped the brand archives to host a museum exhibition at Milan Men’s Fashion Week this summer and recruited NewJeans’ Hanni, Halle Bailey, and Julia Garner as the face of a new campaign supporting the Horsebit […]

Comments Off on Luxury Outlet Stores Are Booming, But Brands Take Risks Putting Goods On Sale Continue Reading →