Adidas pledges to hire more black and Latino staff
FILE PHOTO: An Adidas shop is seen, as the spread of coronavirus disease (COVID-19) continues in Berlin, Germany, March 30,…
‘All my dreams are shattered’: coronavirus crushes Asia’s garment industry
YANGON/DHAKA/BANGKOK (Reuters) – Zarchi Lwin pawned her only two gold bangles for $140 when the owner of the Myanmar factory…
Under Armour cuts revenue forecast; federal probe weighs on shares
(Reuters) – Under Armour Inc (UA.N) (UAA.N) on Monday cut its forecast for annual revenue for a second time this…
Wall Street Weekahead: Retailers in spotlight as tariffs on consumer products kick in
SAN FRANCISCO (Reuters) – U.S. retailers will be front and center on Wall Street next week as the United States…
Trump presses U.S. companies to close China operations
WASHINGTON (Reuters) – President Donald Trump said on Friday he was ordering U.S. companies to look at ways to close…
U.S. firms say China tariffs will raise costs, see few sourcing alternatives
WASHINGTON (Reuters) – A wide range of U.S. companies told a hearing in Washington on Monday that they have few…
Nordstrom cuts 2019 forecast after quarterly results miss big
(Reuters) – Nordstrom Inc on Tuesday cut its forecast for full-year sales and profit after reporting weaker than expected first-quarter…
Sticker shock from Trump’s new trade tariffs months away
(Reuters) – It may take three or four months for American shoppers to feel the pinch from President Donald Trump’s…
Payless ShoeSource to start liquidation sales at stores
FILE PHOTO: A Payless ShoeSource store logo is pictured in the Manhattan borough of New York, New York, U.S. April…
Abercrombie & Fitch misses same-store sales estimates
(Reuters) – Apparel retailer Abercrombie & Fitch Co (ANF.N) missed quarterly same-store sales estimates on Thursday, hurt by lower-than-expected sales…
Trump’s next $100 billion tariff dilemma: hit Wal-Mart or Apple Store?
WASHINGTON (Reuters) – U.S. consumers may be about to directly feel the effects of the trade fight started by U.S.…