Bondholders Approve Saks Global’s Five-Year Business Plan
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
olympics
Sustainability
Social Goods | Vogue Criticised For Unpaid Internships, Why Olympic Uniforms Are Political
This week, British Vogue is under investigation for its unpaid 'work placement' programme, while North and South Korea's joint Olympics uniforms are scrutinised.
Social Goods | Vogue Criticised For Unpaid Internships, Why Olympic Uniforms Are Political
This week, British Vogue is under investigation for its unpaid 'work placement' programme, while North and South Korea's joint Olympics uniforms are scrutinised.
News & Analysis
China's Alibaba Becomes Major Sponsor of Olympics
International Olympic Committee sources have reported that major sponsors pay about $100 million per four-year cycle, which includes one summer and one winter games.
China's Alibaba Becomes Major Sponsor of Olympics
International Olympic Committee sources have reported that major sponsors pay about $100 million per four-year cycle, which includes one summer and one winter games.
News & Analysis
Speedo, Ralph Lauren Drop Ryan Lochte After Rio Robbery Lie
Speedo USA severed its sponsorship of U.S. swimmer Ryan Lochte after he admitted to making up a story about being robbed at gunpoint while in Rio for the 2016 Olympics. Ralph Lauren also said it would not renew his contract.
Speedo, Ralph Lauren Drop Ryan Lochte After Rio Robbery Lie
Speedo USA severed its sponsorship of U.S. swimmer Ryan Lochte after he admitted to making up a story about being robbed at gunpoint while in Rio for the 2016 Olympics. Ralph Lauren also said it would not renew his contract.
News & Analysis
Nike's Stock Falls Behind Rivals Amid Rio Olympics
Nike has top billing among sports brands at the Rio Olympics, but a week into the Games, its stock is losing to Adidas and Under Armour.
Nike's Stock Falls Behind Rivals Amid Rio Olympics
Nike has top billing among sports brands at the Rio Olympics, but a week into the Games, its stock is losing to Adidas and Under Armour.
News & Analysis
Nike CMO: ‘No Bigger Stage Than the Olympics’
Nike chief marketing officer Greg Hoffman explains how the company is tapping the Olympic opportunity ‘not only through storytelling but also through product and services.’
Nike CMO: ‘No Bigger Stage Than the Olympics’
Nike chief marketing officer Greg Hoffman explains how the company is tapping the Olympic opportunity ‘not only through storytelling but also through product and services.’
News & Analysis
Olympians Suit Up in High-Tech Apparel to Shave Seconds
With the Rio Olympics around the corner, sport giants are getting innovative with their performance apparel.
Olympians Suit Up in High-Tech Apparel to Shave Seconds
With the Rio Olympics around the corner, sport giants are getting innovative with their performance apparel.
News & Analysis
Brands Speak on Olympics Impact
With the 2016 Olympic Games just days away, corporate executives are divided on the business impact they expect to see.
Brands Speak on Olympics Impact
With the 2016 Olympic Games just days away, corporate executives are divided on the business impact they expect to see.
China
Nike Takes China Sales Gold Since 2008 Beijing Olympics
Nike sales growth in Greater China outpaced those of Adidas AG and local rivals Li Ning Co. and Anta Sports Products Ltd. since the 2008 Beijing Olympics.
Nike Takes China Sales Gold Since 2008 Beijing Olympics
Nike sales growth in Greater China outpaced those of Adidas AG and local rivals Li Ning Co. and Anta Sports Products Ltd. since the 2008 Beijing Olympics.
Marketing
Brands Seek Olympics Gold in New Advertising Playing Field
Dozens of major companies and specialty brands that are not official Olympics sponsors have applied to run advertising campaigns featuring athletes ahead of the Rio 2016 Olympic Games, taking advantage of new rules that are shaking up the business of marketing surrounding the event.
Brands Seek Olympics Gold in New Advertising Playing Field
Dozens of major companies and specialty brands that are not official Olympics sponsors have applied to run advertising campaigns featuring athletes ahead of the Rio 2016 Olympic Games, taking advantage of new rules that are shaking up the business of marketing surrounding the event.
News & Analysis
Hermès Heads to Olympic Games as Saddler for Brazil Showjumpers
Hermès, the French company known for its tony handbags, said Friday it has been named official saddler for the Brazilian showjumping team.
Hermès Heads to Olympic Games as Saddler for Brazil Showjumpers
Hermès, the French company known for its tony handbags, said Friday it has been named official saddler for the Brazilian showjumping team.
Marketing
Nike Suspends Ties With Sharapova After She Fails Drug Test
Nike Inc. has suspended ties with Maria Sharapova after she failed a drug test at the Australian Open.
Nike Suspends Ties With Sharapova After She Fails Drug Test
Nike Inc. has suspended ties with Maria Sharapova after she failed a drug test at the Australian Open.
Marketing
Tapping Brazil's Olympic Opportunity
The biggest global sportswear brands are gearing up for the world’s biggest sporting event in its most photogenic and body-conscious city. How will they tap the opportunity?
Tapping Brazil's Olympic Opportunity
The biggest global sportswear brands are gearing up for the world’s biggest sporting event in its most photogenic and body-conscious city. How will they tap the opportunity?
The News in Brief
Luxury Stocks Face Most Bearish Sentiment in Years, UBS Says
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
Trump Signs Order to Combat Fraudulent ‘Made in America’ Labels, White House Says
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.
Lanvin Deputy CEO Siddhartha Shukla Exits Brand
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.
Ulta Beauty Forecasts Annual Profit Below Estimates
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
Exclusive: Brita Invests in Shower Filter Firm Hello Klean
The German water filtration firm has acquired a minority stake in Hello Klean, which sells shower heads it claims mitigate the effects of hard water.
AII Launches Industry-First Tool Standardising Measurement of Carbon Emissions
The new tool published by the climate-focused nonprofit aims to create a standardised benchmark across textile facilities to accelerate fashion’s efforts to decarbonise.
Marco De Vincenzo Exits Etro
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.