The U.S. outdoor apparel brand beat estimates and posted a rise in sales for the first quarter to over $543 million, but the radically evolving American sports wholesale and retail industry dragged down results at home.
Urban Outfitters, Inc., which controls brands such as Anthropologie, Bhldn, Free People, Terrain and Urban Outfitters, has announced a major overhaul to its leadership, which could initially cost up to to $8 million.
The sportswear maker posted a smaller-than-expected quarterly loss as operating income from its Asia Pacific business rose 13.2 percent, making the region the company's biggest profit generator in the latest quarter.
Adidas and Reebok are the world’s most transparent brands, but despite achieving the highest scores, they still have a long way to go towards being completely transparent, according to Fashion Revolution.
In an oversight of retail planning, Under Armour's Kohl's deal is effectively causing product to be sold cheaper at Kohl's compared to other retailers, and is also not helping to improve UA's image as a lifestyle brand.
The retailing behemoth on Wednesday unveiled a voice-controlled camera, the Echo Look, and an app that uses fashion specialists' advice and trend algorithms to give advice about if an outfit looks good.