Shares of Lululemon Athletica Inc were set for their biggest one-day percentage loss in more than eight years on Thursday, after the Canadian yogawear apparel maker warned that first-quarter sales would fall.
John Lewis, Britain's largest department store operator, is hopeful any downturn in consumer spending translate into a "flight to quality" rather than consumers opting to trade down, its new boss said on Thursday.
Canada's Lululemon Athletica reported fourth-quarter earnings per share that fell shy of analysts' expectations. The sports brand said first-quarter comparable sales were expected to fall, on poor product assortment.
One year ago, British fashion designers took a very public stand against Brexit. An estimated 90% of London-based creators aghast at the very idea of leaving Europe, as many very firmly spoke out against any such divorce. Today, they await the divorce with trepidation.
Hawes & Curtis has created a special collection of formalwear for the playing squad and management of Northampton Saints, and is currently exploring the launch of an additional range of branded products for supporters.