Nike Set to Layoff 740 Employees in Oregon Headquarters in Second Phase of Job Cuts

Nike said in February that it will slash 2% of its global staff as part of a restructuring, but did not specify how many cutbacks would be made locally.

Lululemon Announces Closure of Washington Distribution Facility and Reduction of 128 Jobs

Lululemon announced that it will close its Washington distribution facility and lay off 128 workers...

Adidas Bounces Back After Kanye West Fallout, Forecasts $743 Million Profit in 2024

Adidas has rebounded after it severed ties with Kanye West, now projecting profits of €700 million (£598 million) for 2024...

Exploring the Marvels of AI in Fashion with Michael Chen

Michael Chen, the founder of Cape Robbin, says that AI has been transformative in his experience. It can do wonders if applied correctly, something that is reflected in Cape Robbin's diverse and uniqu..

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Beyoncé's 'Cowboy Carter' Drives Boot Sales Jump Over 20% Across The US, Retailers Are Thriving
Sales of Western-style boots saw a significant increase of over 20% in the week following the release of Beyoncé's 'Cowboy Carter' last month.
Jessica Alba Steps Down From The Honest Company 12 Years After Founding the Firm
Jessica Alba is stepping down as chief creative officer at The Honest Company, the baby products and personal care business she founded in 2021.
Malaysia: Shoe Brand Criticized by Muslims for Selling High Heels With Logo That Resembles Arab Writing for God
Malaysian shoe company apologized and removed several products from the market when Muslims saw similarities between the logo and the Arabic letters for God.
North Korea Bans Carrying Bags on One Shoulder Because That's How They Do It in Its Rival Country, South Korea
North Korea has banned carrying a bag with a strap on one shoulder because that's how they do it in its rival country, South Korea.
Coach Sues Gap for Selling T-Shirts With the Word 'Coach'
Coach took legal action against Gap on Wednesday, alleging that the retailer's Old Navy unit unlawfully sold T-shirts with the word "Coach."
Marilyn Monroe's Pink Pucci Dress Just Set a New World Auction Record
A pink Pucci dress once worn by late Hollywood icon Marilyn Monroe was sold for a whopping $325,000 at Julien's Auctions event.
Carousell Group Acquires LuxLexicon, Expanding Luxury Segment Reach; Monthly Listings Surge by 71%
Carousell bolsters luxury market presence with LuxLexicon acquisition, aiming to dominate upscale resale. Capitalizing on rising demand for used luxury items, Carousell eyes strategic growth in e-comm
Hermès Sued in Class Action Lawsuit Alleging Unfair Exclusivity Tactics in Birkin Bag Sales
Plaintiffs argue that Hermès restricts Birkin bag sales to high-volume buyers, violating antitrust laws.
Gucci Owner Kering Sees 14% Slump in Stock Price After Profit Warning Owing to Asia Sales Decline
Kering issued an unexpected profit warning due to plummeting Gucci sales in Asia, lowering its stock price by 14%.
TikTok Roasts Balenciaga's 'Absurd' $4,400 Luxury Bracelet Resembling Ordinary Sticky Tape
TikTok users had a blast mocking Balenciaga's $4,400 "luxury" bracelet, resembling a roll of sticky tape, unveiled during Paris Fashion Week.
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