A growing trend in casual wear is all about comfort and denim is still struggling to find its place, and leaving some companies in a tough spot.» Read More
July 24- Sports apparel manufacturer and retailer Under Armour Inc's quarterly revenue rose by than a third as it benefited from growing interest in fitness among women and young people, and the company raised its full-year sales forecast.
*Expects full-year earnings of $3.06/ shr vs est $3.09. July 18- Apparel retailer VF Corp, which owns brands such as Timberland and The North Face, reported a fall in gross margins for the first time in nine quarters and forecast a full-year profit below the analysts' average estimate.
July 18- VF Corp, the owner of brands such as Timberland and The North Face, reported better-than-expected quarterly profit and sales as cold weather in North America drove demand for its higher-margin outdoor and action sports brands.
Lululemon stock hit three-year lows, but it could be worth holding on to, Citigroup analyst Oliver Chen says.
TORONTO June 12- Lululemon Athletica Inc cut its financial forecasts and warned that second-quarter sales were off to a weak start, sending shares of the struggling yogawear retailer down 15 percent even as it announced a new stock buyback program.
If CEO Manny Chirico doesn't turn things around this quarter, apparel maker PVH's stock will lose out to rival VF, CNBC's Jim Cramer says.
An analyst said he expects VF Corp to continue adding one or two meaningful acquisitions about every other year.
Tuesday's midday movers:
Retail expert Robin Lewis offered what he called a "win-win" solution for two retailers: Amazon should acquire Sears.
NEW YORK, April 16- Still hurting from last year's see-through yoga pants debacle, Lululemon Athletica Inc is about to face a new headache: stepped up competition from rival yoga retailers, department stores and hot new brands.
Take a look at some of Friday's midday movers:
NEW YORK, March 21- Some of the best fund managers you've never heard of sit in a non-descript office park in Shawnee Mission, Kansas, 1,200 miles from Wall Street. There, John Bichelmeyer heads the five-member team behind the Buffalo Emerging Opportunities Fund.
Urban Outfitters began its rollout into the red-hot athletic apparel market earlier this month, bringing new competition to Lululemon and Athleta.
Shoppers are visiting fewer stores than they did in the past, increasing the importance of building a loyal customer base.
Following strong performance in cold-weather offerings at VF Corp. and Under Armour, analysts are betting on brands that focus on keeping people warm.
VF Corporation Chairman, president & CEO Eric Wiseman is "thrilled" with its Q3 performance. He says its outdoors brands drove the strength.
Some of the names on the move ahead of the open.
The Fed chair's first testimony before Congress is the big event for markets in the week ahead, as traders sift through economic data.
The market’s mood seemed to shift on Friday. But will the positive tone bleed into the week ahead?
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