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The News In Brief

Technology

JD Sports Will Make It Easier for Shoppers to Buy Through AI Platforms

The British sportswear retailer is enabling ‘one-click purchases’ through AI platforms such as ChatGPT and Microsoft Copilot, beginning in the US.

Technology

JD Sports Will Make It Easier for Shoppers to Buy Through AI Platforms

The British sportswear retailer is enabling ‘one-click purchases’ through AI platforms such as ChatGPT and Microsoft Copilot, beginning in the US.


Retail

Birkenstock Expects Quarterly Revenue Below Expectations Amid Tariff Pressures

The sandal maker’s business has been hampered by US tariffs on the EU and consumers turning more cautious on non-essential spending.

Retail

Birkenstock Expects Quarterly Revenue Below Expectations Amid Tariff Pressures

The sandal maker’s business has been hampered by US tariffs on the EU and consumers turning more cautious on non-essential spending.


Retail

Abercrombie Tumbles After Holiday Sales Disappoint Investors

Abercrombie & Fitch Co. shares tumbled after holiday sales weren’t robust enough for the company to lift its sales guidance.

Retail

Abercrombie Tumbles After Holiday Sales Disappoint Investors

Abercrombie & Fitch Co. shares tumbled after holiday sales weren’t robust enough for the company to lift its sales guidance.


Sports

Mammut Owner Weighs Sale of Swiss Outdoor Gear Maker

Jacobs Capital is exploring a potential €500 million sale of the Swiss outdoor gear maker Mammut Sports Group AG.

Sports

Mammut Owner Weighs Sale of Swiss Outdoor Gear Maker

Jacobs Capital is exploring a potential €500 million sale of the Swiss outdoor gear maker Mammut Sports Group AG.


Retail

Alo Appoints Benedetta Petruzzo as CEO of International

The former Miu Miu chief executive, who was recruited by Dior in 2024 to be managing director, will oversee the Los Angeles-based activewear brand’s global expansion.

Retail

Alo Appoints Benedetta Petruzzo as CEO of International

The former Miu Miu chief executive, who was recruited by Dior in 2024 to be managing director, will oversee the Los Angeles-based activewear brand’s global expansion.


Retail

Report: Saks Eyes Filing for Chapter 11 Bankruptcy as Soon as Sunday

The company is heading towards Chapter 11 without a restructuring agreement in place, with an eye toward crafting one in the coming weeks, Bloomberg reported.

Retail

Report: Saks Eyes Filing for Chapter 11 Bankruptcy as Soon as Sunday

The company is heading towards Chapter 11 without a restructuring agreement in place, with an eye toward crafting one in the coming weeks, Bloomberg reported.


Beauty

Report: Fitness App Strava Files for IPO

The fitness tracking app, recently valued at $2.2 billion, has confidentially filed for an initial public offering in recent weeks, sources told The Information.

Beauty

Report: Fitness App Strava Files for IPO

The fitness tracking app, recently valued at $2.2 billion, has confidentially filed for an initial public offering in recent weeks, sources told The Information.


Luxury

Saks Woes Cloud Cucinelli’s Department Store Bet

The label is sticking with its strategy of heavy reliance on high-end department stores like the struggling Saks Global, despite the shift by many luxury peers toward their own retail networks.

Luxury

Saks Woes Cloud Cucinelli’s Department Store Bet

The label is sticking with its strategy of heavy reliance on high-end department stores like the struggling Saks Global, despite the shift by many luxury peers toward their own retail networks.


Retail

Pacsun Launches New Social Commerce App

The shoppable PS Community Hub will enable creators to post content, earn affiliate commissions and build a following, strengthening community engagement for the brand.

Retail

Pacsun Launches New Social Commerce App

The shoppable PS Community Hub will enable creators to post content, earn affiliate commissions and build a following, strengthening community engagement for the brand.


Sports

Report: China’s Anta Sports Has Offered to Buy Pinault Family’s 29% Puma Stake

Anta made the offer a few weeks ago and has secured financing for the acquisition should a deal go ahead, sources told Reuters.

Sports

Report: China’s Anta Sports Has Offered to Buy Pinault Family’s 29% Puma Stake

Anta made the offer a few weeks ago and has secured financing for the acquisition should a deal go ahead, sources told Reuters.


Technology

Spangle Raises $15 Million Series A

The AI-powered e-commerce software provider is valued at $100 million with its latest funding round.

Technology

Spangle Raises $15 Million Series A

The AI-powered e-commerce software provider is valued at $100 million with its latest funding round.


Retail

Fast Retailing Names Francesco Risso Creative Director of GU

The former Marni creative director will also release a collaboration with Fast Retailing’s flagship brand, Uniqlo, later this year.

Retail

Fast Retailing Names Francesco Risso Creative Director of GU

The former Marni creative director will also release a collaboration with Fast Retailing’s flagship brand, Uniqlo, later this year.