Fanatics, the sports platform, has unveiled a substantial, long-lasting partnership with the Collegiate Licensing Company (CLC), paving the way for the global sale of officially licensed fan merchandise representing U.S. colleges. “We are excited to announce this latest partnership with CLC, an industry leader in collegiate licensing and marketing, through…

German footwear brand Birkenstock has revealed plans to initiate its initial public offering (IPO) in the United States, making more than 32 million common shares accessible for trading on the New York Stock Exchange. The company plans to list itself under the ticker Birk, and it anticipates its IPO price…

Fitness apparel brand Vuori is in talks with investment banks to explore a mid-2024 initial public offering (IPO), according to people familiar with the matter. With its IPO, the company is hoping to surpass the $4 billion valuation it had achieved in a $400 million funding round led by SoftBank…

Peloton’s co-founder, Tom Cortese, will be stepping down from his position as the company’s chief product officer on November 1, 2023. Cortese’s departure, which comes after more than a decade of working for the company, follows several other co-founders and company executives who have left the company. …

Inflationary times present unique challenges for both consumers and businesses alike. As consumer budgets tighten, they become more discerning about their spending choices, seeking value and quality. This environment provides an opportunity for fast fashion retailers to adapt and evolve. …

H&M reported a rise in profits for the third quarter but noted that the unseasonably warm September 2023 weather in key markets had a detrimental effect on recent sales. “Sales in the third quarter started strongly with pent-up demand for summer garments following a cold May in most of our…

Coty has filed an application for a dual listing on the Paris Stock Exchange, the company announced Monday, September 25, 2023. The company has initiated a global offering of 33 million shares, allowing investors to buy shares in euros for shares listed on Euronext Paris or in USD for the…

The likelihood of a fashion brand’s onramp success to translate off-ramp hinges as much on its ability to engage customers with its collection as it does on delivering a seamless shopping experience across various channels. Consumers today want to be able to buy clothes in real time as they see…

Marks & Spencer is enhancing its sports collection with the introduction of sportswear brands adidas and Sweaty Betty to its product lineup — a key component of its strategy to strengthen the ‘Brands at M&S’ initiative. The launch of the two brands marks the expansion of the ‘The Sports Edit…