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- Indexed articles, last 90 days
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- Oct 1, 2026
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- Aug 2, 2026
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Nike plans more job cuts to boost sputtering turnaround, forecasts steep revenue drop (opens the original)
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Oct 1 — Nike is deepening its restructuring under CEO Elliott Hill as its woes in China intensify, announcing a plan to cut more jobs and shake up its global business divisions after the sportswear giant projected a surprisingly steep drop in full-year revenue. The tepid forecast on Thursday underscored that Nike's challenges will likely persist for at least several more quarters — especially in China, where sales tumbled 26% on a constant-currency basis in the first quarter — adding to investo
Nike plans more job cuts to boost sputtering turnaround, forecasts steep revenue drop - AOL (opens the original)
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Oct 1 (Reuters) - Nike is deepening its restructuring under CEO Elliott Hill as its woes in China intensify, announcing a plan to cut more jobs and shake up its global business divisions after the sportswear giant projected a surprisingly steep drop in full-year revenue. The tepid forecast on Thursday underscored that Nike's challenges will likely persist for at least several more quarters — especially in China, where sales tumbled 26% on a constant-currency basis in the first quarter — adding t
US fashion council CEO takes leave after grabbing runway show protesters - AOL (opens the original)
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NEW YORK, Sept 15 (Reuters) - The head of the Council of Fashion Designers of America has taken leave from his role after physically restraining animal rights activists at a New York Fashion Week runway show on Sunday, an incident that reverberated online and throughout the city's fashion sector. Steven Kolb, CEO of the leading U.S. fashion industry trade group, grabbed at least two activists at H&M-owned COS' runway show while they were protesting the brand's use of sheep's wool. He restrained
Tommy Hilfiger takes over Plaza Hotel for his colorful return to NY Fashion Week (opens the original)
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NEW YORK, Sept 10 — American designer Tommy Hilfiger brought a youthful mix of oversized polo shirts and plaid bucket hats to his spring/summer 2027 collection, unveiled at Manhattan's Plaza Hotel on the first official day of New York Fashion Week. Guests watched the runway show on Thursday from plush green armchairs arranged throughout the carpeted lobby of the hotel — a venue of personal significance for Hilfiger, who lived in a penthouse there with his wife for over a decade. Model Gigi H
Lululemon cuts outlook again, highlighting to-do list for new CEO (opens the original)
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Sept 3 — Lululemon Athletica on Thursday slashed its full-year forecasts again, underscoring that incoming CEO Heidi O'Neill has her work cut out — to win back shoppers from newer rivals by revamping the athleisure brand's product line. Shares of the Vancouver-based company, which also missed quarterly sales estimates, tumbled about 18% in extended trading. The stock has fallen nearly 69% since early 2025. Lululemon, known for its high-priced stretchy pants and athletic tops, has endured sever
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