Lululemon’s Q1 Results Handily Tops Wall Street Targets

Lululemon Athletica Inc. reported sales catapulted 88 percent in the first quarter year over year while gaining 25 percent on a two-year basis. Earnings rose sharply against the pandemic-impacted year-ago quarter and were well above Wall Street estimates.

PVH Corp. Announces Leadership Updates

PVH Corp. announced that Mike Shaffer, chief operating and financial officer, will be leaving in September to pursue other opportunities while Abel-Hodges will be stepping down in July as CEO of Calvin Klein.

Fanatics Partners To Launch NFT Platform

Fanatics chairman Michael Rubin, cryptocurrency investor Michael Novogratz and digital media entrepreneur Gary Vaynerchuk have partnered to create Candy Digital, a company that will specialize in virtual collectibles and other NFTs.