More dismal forecasts for US retail, this time from an RBC Capital Markets, which has released a shortlist of high-profile retailers likely to suffer large revenue deceleration and a declining sales growth rates in 2017.
VF has been exploring strategic alternatives for its multi-million dollar LSG business for over one year. The business includes the Majestic brand that is being replaced by Fanatics as a partner of the MLB.
Activewear, m-commerce, pricing investments, social engagement and logistics spend all added to a stellar H1 for Asos as the company's sales soared at home and hit the stratosphere abroad with more power growth expected.
The recent deal with Kohl's to sell its products in more than 1100 stores could mark the start of expanding sales to the athletically disinclined, a lucrative market for rivals Nike and Adidas, Barron's said on Sunday.
Shares of Lululemon Athletica Inc were set for their biggest one-day percentage loss in more than eight years on Thursday, after the Canadian yogawear apparel maker warned that first-quarter sales would fall.