Momentous, the performance nutrition company based in Jackson Hole, WY, closed $5 million in Series A funding led by Los Angeles based firm FitLab, an investment fund focused on advancing human performance. Momentous joins a select group of performance brands in the FitLab portfolio, such as Laird Hamilton and Gabrielle Reece’s XPT and leading digital fitness platform Freeletics. (Read More)
Toms released its 2019 impact report. The report provides a comprehensive overview of their giving, including 96.5 million lives impacted, since the brand was thirteen years ago (Read More)
Ross Stores, Inc. reported earnings per share for the third quarter ended November 2, 2019 of $1.03, up from $.91 last year and ahead of Wall Street's consensus estimates of 97 cents a share. Net earnings grew 9.8 percent. (Read More)
Jake Burton Carpenter, owner of Burton Snowboards and a snowboarding pioneer, passed away at the age of 65. (Read More)
Stage Stores Inc., which is converting many of its banners to the Gordmans off-price concept, cut its losses in the third quarter as same-store expanded 17.4 percent. (Read More)
Macy’s Inc. reduced its annual profit forecast for the second time this year after reporting its first drop in same-store sales in two years. CEO Jeff Gennette said in a statement.“The sales deceleration was steeper than we expected.” (Read More)
Lululemon has opened a 19,700-square-foot “experiential” store at Mall of America. Modeled after its store in Chicago’s Lincoln Park neighborhood, the location includes studios for yoga and HIIT activities, a Fuel Bar and a gear trial program. (Read More)
Apex Global Brands announced this week that Hi-Tec Lifestyle made its North American debut... (Read More)
Urban Outfitters Inc. reported earnings slumped 28.2 percent in the third quarter to $55.7 million, or 56 cents, missing Wall Street's consensus estimate by a penny. (Read More)
Eyecandylab , which specializes in creating interactive video-triggered augmented reality experiences, has developed a concept with Adidas that brings storytelling and immersive experience within a physical store to a new level. The project raises awareness of Adidas' sustainably manufactured products made from recycled ocean plastic. (Read More)
