Today's News
Nike Names New Converse CEO
Nike has appointed Jared Carver as the new president and CEO of Converse. Carver, who has been serving as the vice president and general manager
Guess Reacquires Stake in Russia Business
In an unexpected move, Guess is said to have reacquired some of its stake in its previous Russian business from local partner Vyacheslav Skikulov. Guess
Perfect Corp. Wants To Help Jewelry Brands Reduce Returns, Launches Tool for Finger and Wrist Measurements
Perfect Corp. has developed a new virtual hand-sizing technology to help jewelry brands reduce their volume of returns. The new tools allow users to visualize
Surging Demand for Locally Produced Denim Sparks Growth in the Industry
Rising expenses and increasing consumer demand are propelling denim brands to focus on enhancing supply chain innovation and sustainability. The market is witnessing a notable
Abercrombie & Fitch Shares Jump 30 Percent on Upbeat Earnings Report
Abercrombie & Fitch saw its shares surge 30% after the brand posted a surprise profit and raised its guidance. “Abercrombie’s offering is resonating meaningfully with
Walgreens To Cut 10 Percent of Corporate Workforce
Walgreens Boot Alliance is laying off 10% of its corporate workforce as it looks to put focus on its healthcare division. The layoffs, which are