The company formerly known as Cherokee Global Brands announced on Thursday that it has signed a series of new licensing and distribution deals for its Hi-Tec sportswear brand in North America, Europe and Asia.
Following a string of strong quarterly results, the American sportswear retailer reported declines in both sales and earnings in the second quarter ended August 3, 2019, falling short of Wall Street's expectations.
U.S. e-marketplace StockX recently raised $110 million in capital. FashionNetwork.com met in Paris with its co-founder and CEO, Josh Luber, who explained the site’s ‘stock market of things’ concept and future projects.
Sportswear retailer Foot Locker posted a net profit of $172 million (€153 million) in its first quarter of 2019, ended in early May, which is equivalent to an increase of 4.2% over the corresponding prior-year period.
As athleticwear and beauty continue to be strong trends among Gen-Z consumers, Piper Jaffray has released its semi-annual “Taking Stock With Teens” report, revealing strong progress for Vans, Lululemon and Ulta Beauty.