United Nations Launches Fashion Industry Charter for Climate Action With Schoeller As Founding Signatory
Under the auspices of UN Climate Change and in alignment with the Paris Agreement, Schoeller, along with other leaders of the global fashion sector, has agreed to collectively address the climate impact of the fashion industry across its entire value chain by signing the UN Charter for Climate Action.
Puma Takes Lead In Fighting Climate Change
In anticipation of the UN Climate Change Conference in Katowice, Poland, Puma played an active role in developing the Fashion Industry Charter for Climate Action by leading working groups and encouraging industry peers and partner vendors to join the initiative. The fashion industry’s charter presented at the conference on Monday. The latest reports by the […]
Jane Fonda Partners With Evine For Lifestyle Brand
Evine Live Inc., the home shopping network, announced it has partnered with Jane Fonda on an exclusive deal to develop a lifestyle brand centered around her deep roots in the fitness arena.
Retail Jobs Grew 18,600 In November
Retail industry employment in November increased by 18,600 jobs seasonally adjusted from October, accounting for 12 percent of the 155,000-job increase reported by the Labor Department for the economy overall, the National Retail Federation said.
Holden Outerwear Launches New E-commerce Site
Holden, the California-based outerwear company founded by snow-sports legend Mikey LeBlanc and designer Scott Zergebel, launched a state-of-the-art web site and Fall/Winter 2018 Collection, marking a new era for the iconic brand.
Overtime Celebrates Basketball Culture With First-Ever Retail Pop-Up
Overtime, a sports network for the digital generation, is opening its first-ever retail pop-up this weekend, continuing the company’s expansion into streetwear-inspired apparel.
Conservative Holiday Guidance, Apparel Industry Woes Sink Lululemon Shares
Shares of Lululemon Athletica Inc. closed the week down $17.57, or 13.4 percent, to $113.87 on concerns over the company’s conservative holiday guidance and also over widespread fear of a tariff resurgence despite talks earlier in the week that the trade war might be dissipating.
Chinese Investor Consortium Reaches Agreement To Acquire Amer Sports
A consortium led by China’s Anta Sports made an offer to acquire Finland’s Amer Sports in a deal that values the company at €4.6 billion (US$5.23 billion) and Amer’s board is recommending shareholders approve the offer. The consortium plans to operate Amer Sports independently from Anta, with a separate board of directors.
Aisle Talk Week Of December 3
Top headlines from the active lifestyle industry you may have missed this week, including big news from trade show owner Emerald Expositions, which canceled Interbike (pictured) for 2019 and also shortened Outdoor Retailer Summer Market and Winter Market from four days to three days.
Retail Disappoints In Duluth Trading’s Q3
Shares of Duluth Holdings Inc. tumbled $6.03, or 19.9 percent, to $24.33 Friday following the company’s mixed third-quarter results. Although the company’s revenue was up 27.4 percent to $106.7 million—which beat Wall Street’s target by $2 million—there is concern on the retail side.
Zumiez Boosted By Healthy Streetwear Trends
With a number of its streetwear labels riding strong popularity with teens, Zumiez Inc. reported earnings rose 16.0 percent in the third quarter ended November 3 to $13.8 million, or 55 cents per share, exceeding guidance calling for earnings in the range of 45 to 51 cents.
FFANY Appoints Executive Director
The Fashion Footwear Association of New York (FFANY) appointed John Heron as its new executive director, effective January 1.
Sears Gets $4.6 Billion Bid From Chairman
ESL Investments Inc., run by Sears Holdings Corp’s Chairman Eddie Lampert, has offered $4.6 billion to buy the bankrupt retailer.
Nike Appoints VP Of Diversity And Inclusion
Nike has appointed Tamika Curry Smith as its new VP of diversity and inclusion, according to a report from Black Enterprise.
U.S. Soccer Foundation Files Lawsuit Against U.S. Soccer Federation
The lawsuit was filed in the wake of a recent demand by the USSF that the Foundation cease using its widely-recognized name and logos, which have defined the Foundation’s brand and charitable work since its inception in 1994.
