Shares in Lululemon Athletica Inc. were down about 15 per cent in afternoon trading Fridayas investors reacted to lower revenue projections and a US slowdown. The Vancouver-based athletic apparel retailer’s fourth quarter, which ended Jan.
Shares in Lululemon Athletica Inc. were down about 15 per cent in afternoon trading Fridayas investors reacted to lower revenue projections and a US slowdown.
The Vancouver-based athletic apparel retailer’s fourth quarter, which ended Jan. 28, brought US$669.5 million in earnings, up from US$119.8 million a year earlier.
However, the company estimates its fiscal 2024 revenue will range between US$10.70 billion and US$10.80 billion. Analysts…
TORONTO –
Despite an unseasonably warm winter, there’s a chill across the Canadian retail landscape.
Less snow than usual in many parts of the country along with high inflation put a damper on splurging during the typically busy holiday season – and now retail industry watchers say apparel companies are staring down an equally fraught year ahead.
“When we look at our consumer research for Canadians right now, it’s not as if they are queuing up in orders to buy more, let’s put it that way,” said Sandrine Devillard, a senior partner who leads consulting firm McKinsey and Co.’ s…
Martha Stewart, who can get down and dirty in the garden, believes you might as well wear something that’s functional and looks good too while planting and weeding.
The nonstop entrepreneur, author and arbiter of entertaining with style, in collaboration with French Dressing Jeans and Marque Brands, has launched the Martha Stewart Garden Apparel Line, which this week officially begins selling exclusively at Tractor Supply Co., the largest rural lifestyle retailer in the US,
The four-way partnership reflects how Tractor Supply continues to expand its apparel offerings for women. The line, initially at least, includes eight clothing items and will…
Downtown Los Angeles’ textile-event roster is expanding from more-than-30-year veterans LA Textiles at the California Market Center to additional productions—The Textile Show at the Cooper Design Space, The Fabric Show Los Angeles at The New Mart and A Fabric Affair at 212 E. 8th St. The Spring/Summer 2025 shows, which were held Feb. 27–March 1, were conveniently hosted within less than a quarter of a mile from one another in the city’s fashion district.
LA Textile promotes collaboration
During its Feb. 28–March 1 run, LA Textile welcomed attendees to the CMC for sourcing, networking and educational seminars. At the Nelly…