Protesters burned their Nike shoes and investors sold shares after the Nike launched a campaign featuring Colin Kaepernick, the NFL quarterback who sparked a national controversy by kneeling during the national anthem.
The warmer weather sweeping across the UK in June and July was to blame for a 9% decline in prestige makeup sales, as consumers stayed away from heavy makeup looks and adopted a more natural beauty approach instead.
Edgewell Personal Care Company announced it has completed the acquisition of Texas-based luxury men's skincare company Jack Black, LLC. The brand was ranked the #1 best-selling men's skincare brand for 2017 by NPD Group.
According to NPD Group's recent research, millennials have slowed their purchasing so much that retail sales for athleisure and e-commerce, which previously showed double digit growth, shrunk to only 4% growth last year.
The US athletic footwear sector grew by 2 per cent last year, generating $19.6 billion in sales, according to The NPD Group. Unit sales grew by 2 per cent and average selling price remained flat, at $58.16.