Trademark dispute emerges over Tiger Woods’ new logo

Trademark dispute emerges over Tiger Woods’ new logo

Tiger Woods speaks during the launch of Tiger Woods and TaylorMade Golf’s new apparel and footwear brand “Sun Day Red” at Palisades Village on February 12, 2024 in Pacific Palisades, California. Kevork Djansezian | Getty Images Sport | Getty Images Tiger Woods’ new logo for his Sunday Red golf apparel line is facing a trademark … Read more

Here’s when it makes sense to buy vs. rent

Here’s when it makes sense to buy vs. rent

Owning isn’t always what it’s cracked up to be. For many reasons — including affordability — more Americans are choosing to rent everything from cars and apartments to clothing and furniture these days, according to a report by Intuit Credit Karma. Far beyond the traditional tuxedo, the rental industry has expanded in recent years to … Read more

American Eagle (AEO) earnings Q2 2024

American Eagle (AEO) earnings Q2 2024

A shopper walks past the American clothing and accessories retailer American Eagle store in Hong Kong. Budrul Chukrut | Lightrocket | Getty Images American Eagle missed Wall Street’s sales targets for a second quarter in a row on Thursday, but profit grew by nearly 60% thanks in part to lower product costs.  The company’s shares … Read more

Shares halted after apparent early release

Shares halted after apparent early release

Facade of GAP retail store with logo sign on sunny day, San Francisco, California, June 7, 2024.  Nurphoto | Nurphoto | Getty Images Gap shares were halted Thursday morning after its quarterly earnings results were apparently released early. The apparel retailer is set to post second-quarter earnings after the closing bell Thursday. But Bloomberg reported … Read more

Why outlet malls are struggling against Amazon and Shein

Why outlet malls are struggling against Amazon and Shein

Outlet malls have been an American staple for shoppers since the 1930s. But they’re not doing as well as they once were. Historically, outlets were attached to the factories where apparel was made, selling out-of-season, overrun or faulty merchandise at a discount to employees.  Soon enough, they expanded to the general public and became a … Read more

New Balance, WNBA sign multiyear partnership

New Balance, WNBA sign multiyear partnership

Cameron Brink #22 of the Los Angeles Sparks plays defense against Bridget Carleton #6 of the Minnesota Lynx on June 5, 2024 at Crypto.com Arena in Los Angeles, California.  Juan Ocampo | National Basketball Association | Getty Images New Balance on Tuesday announced a multiyear deal with the WNBA, joining a growing roster of backers … Read more

Burberry replaces CEO, suspends dividend; shares dive 15%

Burberry replaces CEO, suspends dividend; shares dive 15%

Pedestrians walk past a Burberry Group Plc store, left, in the Causeway Bay shopping district of Hong Kong. Xaume Olleros | Bloomberg | Getty Images Shares in Burberry plunged over 15% in early trading on Monday after a disappointing first-quarter performance led it to issue a profit warning, replace its CEO and axe its dividend. … Read more

Bandit Running Unsponsored Project decks out Olympic hopefuls

Bandit Running Unsponsored Project decks out Olympic hopefuls

Christopher Royster, left, and JT Smith, athletes who participate in Bandit Running’s Unsponsored Project, at the 2024 Olympic trials in Eugene, Oregon. Courtesy: Bandit Running There’s an army of unsponsored athletes commanding attention at the U.S. Track & Field Olympic Trials this year, decked out in all-black, logo-less gear. The 35 athletes are supported by … Read more

Nike CEO John Donahoe under fire from Wall Street after Q424 report

Nike CEO John Donahoe under fire from Wall Street after Q424 report

People wearing protective face masks walk past the closed Nike store on 5th Avenue during the outbreak of Covid-19 in New York City on May 11, 2020. Mike Segar | Reuters Nike CEO John Donahoe appears to be on thin ice.  The former top executive of eBay, who has been at the helm of Nike … Read more

Nike (NKE) earnings Q4 2024

Nike (NKE) earnings Q4 2024

Nike shoes and logo are seen at a store in Nice, France on May 28, 2024. Jakub Porzycki | Nurphoto | Getty Images Nike on Thursday reported its slowest annual sales growth in 14 years, excluding the Covid-19 pandemic, as the sneaker giant warned of “challenges” that led it to cut its current year outlook. … Read more