People shop at a clothing store in Manhattan on Nov. 7, 2025, in New York City. Spencer Platt | Getty Images Black Friday is proving more popular for younger consumers than for their elders, according to a new report provided exclusively to CNBC. AT&T Business‘ 2025 Holiday Shopping Survey, conducted by Morning Consult, found that…
A Dick’s Sporting Goods store in Pleasant Hill, California, US, on Monday, Nov. 24, 2025. David Paul Morris | Bloomberg | Getty Images Dick’s Sporting Goods is planning to close a slew of Foot Locker stores now that its acquisition of the sneaker company is complete, the company said Tuesday when announcing fiscal third-quarter earnings. …
A picture taken on December 8, 2014 in Abidjan shows a Chinese shoe dealer in a transaction at Adjamene’s market. Sia Kambou | Afp | Getty Images Chinese business dealings in Africa, once dominated by state-owned enterprises, are now increasingly shifting toward consumer products from the private sector. While Africa’s faster-growing economies, such as Kenya,…
Skims underwear is displayed on a shelf at a Nordstrom store on March 25, 2025 in Corte Madera, California. Justin Sullivan | Getty Images Kim Kardashian’s Skims brand has raised $225 million in new funding led by Goldman Sachs Alternatives, valuing the shapewear and apparel company at $5 billion — up from roughly $4 billion…
A person walks down a street with shopping bags in New York City on Nov. 29, 2024. David Dee Delgado | Getty Images American consumer wallets will be billions of dollars lighter this holiday season because of President Donald Trump‘s tariffs, according to LendingTree. Sunday marked six months since Trump announced his broad “liberation day”…
Sign at the entrance to the Lululemon store in Midtown Manhattan. Erik Mcgregor | Lightrocket | Getty Images Lululemon is partnering with the NFL to launch an apparel collection featuring the logos of all 32 NFL teams, the company and league announced Monday. It will mark the first time the retailer has offered officially licensed…
Hoka shoes are seen in a store in Krakow, Poland on February 1, 2023. Jakub Porzycki | Nurphoto | Getty Images Shares of footwear maker Deckers Brands plunged more than 12% Friday after the company trimmed its sales guidance for Hoka and Ugg — the two brands driving its growth — over concerns that tariffs are…
As the global market for secondhand luxury items surges, authentication has become the defining factor separating credible platforms from the rest. The resale market for fashion and luxury items is expanding at an annual rate of 10%, three times faster than the firsthand market, according to a report released Oct. 9 by Boston Consulting Group…
Shares of H&M jumped on Thursday after the high street retailer posted better-than-expected results in the fiscal third quarter, and its turnaround strategy showed signs of gaining pace. Shares were up 10% by 8:48 a.m. London time (3:20 a.m. ET). Operating profit at the fashion retailer rose 40% year-on-year to 4.9 billion Swedish krona ($522 million),…
Jennifer Johnson, founder of True Fashionistas, Florida’s largest clothing reseller, started noticing something unusual about a year ago. Suddenly, once difficult-to-find larger sizes were becoming more common in the batches of clothing arriving for resale. Since then, the trickle has become a torrent. Johnson said that historically, her store has been overloaded with extra smalls and…
