People walk past the entrance of a Gap store in Paris, France, July 1, 2021. Sarah Meyssonnier | ReutersGap said new tariffs could impact its business by $100 million to $150 million, if they remain in effect, the company said Thursday when announcing fiscal first-quarter earnings. Shares fell more than...
Hailey Bieber attends the Rhode UK launch party with Hailey Bieber at Chiltern Firehouse on May 17, 2023 in London, England. Dave Benett | Dave Benett Collection | Getty ImagesE.l.f. Beauty announced on Wednesday plans to acquire Hailey Bieber's beauty brand Rhode in a deal worth up to $1 billion...
A sign is posted in front of a Dick's Sporting Goods store on September 04, 2024 in Daly City, California. Justin Sullivan | Getty ImagesDick's Sporting Goods said Wednesday it's standing by its full-year guidance, which includes the expected impact from all tariffs currently in effect.The sporting goods giant said...
Fashion brand Abercrombie & Fitch advertising on a large scale digital billboard on the exterior of the Outernet building on 4th November 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty ImagesShares of Abercrombie & Fitch soared on Wednesday, even after the retailer slashed its profit...
As the retail industry braces for profits to take a hit from tariffs, Oddity Tech is bucking the trend and raising its outlook after another quarter of outsized growth, the company said Tuesday. The beauty and tech retailer behind Il Makiage and Spoiled Child hiked both its earnings and profit...
Pedestrians walk past a Nike store featuring a modern design and mannequins displaying winter apparel on December 5, 2024, in Wuhan, Hubei Province, China. Cheng Xin | Getty ImagesNike will report fiscal third-quarter earnings after the bell on Thursday and provide updates on its turnaround plan as it navigates new...
Ulta Beauty on Thursday issued weak guidance for the year ahead as it navigates a series of internal missteps, rising competition and what it called "consumer uncertainty."The retailer, which appointed Kecia Steelman as its new CEO in January, said it's expecting comparable sales to be flat or grow 1%...
American clothing and accessories retailer American Eagle store seen in Hong Kong.Budrul Chukrut | Lightrocket | Getty ImagesAmerican Eagle warned investors on Wednesday that consumers are pulling back on spending and it's seen a "slower start" to the year than it expected. "Entering 2025, the first quarter is off to...
Dick's Sporting Goods on Tuesday said it's expecting 2025 profits to be far lower than Wall Street anticipated, making it the latest retailer to forecast a rocky year ahead as consumers contend with tariffs, inflation and fears around a potential recession. In an interview with CNBC, executive chairman Ed Stack...
A shopper carries her early Black Friday purchases on Thanksgiving Day, November 28, 2024, at the Citadel Outlets shopping center in Los Angeles. Robyn Beck | AFP | Getty ImagesGap on Thursday posted another quarter that blew away expectations, indicating its turnaround under CEO Richard Dickson is working better –...