CNBC Daily Open: Wall Street disregards job losses to focus on cheaper shoes from Vietnam
White Nike sneakers on June 26, 2025 in Paris, France. Edward Berthelot | Getty Images Entertainment | Getty Images If I had to choose between...
Tag : Lululemon Athletica Inc
Lululemon shares tumble 23% as it cuts full-year earnings guidance, citing ‘dynamic macroenvironment’
Lululemon beat Wall Street expectations for fiscal first-quarter earnings Thursday, but cut its full-year earnings guidance, citing a “dynamic macroenvironment.” As the company navigates tariffs...
Cargo thieves are attacking the U.S. supply chain at alarming rates
America’s supply chain is under attack. From coast to coast, organized criminal groups are hitting trucks on the road, breaking into warehouses and pilfering expensive...
Nike teams up with Kim Kardashian shapewear brand Skims as it looks to reach more women
Mannequins displaying shapewear at a Skims pop-up shop at the Nordstrom flagship store in New York, US, on Sunday, June 9, 2024. Bing Guan |...
Target says its holiday sales were better than expected — but its profits weren’t
Ugly Sweater display, OMG! Santa! I know Him! from the movie Elf, on display in Target store, Queens, New York. Lindsey Nicholson | Getty Images...
Retailers post early holiday results — and Wall Street isn’t impressed
ORLANDO, Fla. — Big-name retailers posted largely better-than-expected early holiday results on Monday, but their shares fell as Wall Street came away unimpressed. Lululemon, Abercrombie...
How Vuori reached a $5.5 billion valuation by taking share from Lululemon
When athleisure brand Vuori launched in 2015, it was headquartered in a garage, sold only men’s shorts and couldn’t get investors to give it the...