Nike’s reputation tanked after its Olympic ad misfired. It also faces new challenges from XX-XY Athletics about supporting female athletes that has gone viral.
5 Fewer Prime Shopping Days Puts Pressure On Retailers’ Holiday Plans
Retailers face a challenging year-end holiday season, complicated by the election, drop in consumer confidence and five fewer peak shopping days in 2024.
More Trouble For Gucci: Lawsuit Claims Unethical Animal Treatment In Supply Chain
A U.S. class-action lawsuit against Gucci claims exotic animals were abused for their skins and customers were deceived that its leather was ethically sourced.
Fears Of Luxury Market Recession Grow As LVMH Revenue Falls
LVMH reported 3Q2024 ended down 3%, with Asia off 16% and Fashion & Leather Goods down 5%. LVMH called it a cyclical downturn but it may be bellwether of worse ahead.
Cowboy Boot Maker Tecovas Expands Its Retail Footprint Via Wholesale
Tecovas, the first digitally-native boot maker now with 42 stores and over $200 million in sales, is nearly doubling its footprint through wholesale partnerships.
