Hoka, Uggs Owner Deckers Declines to Provide Fiscal Outlook Due to Tariff Uncertainty
The shoe maker’s first-quarter net sales rose 6.5 percent off strong demand for Hoka footwear.
Jessica Kwon
The News in Brief
Urban Outfitters Beats Analyst Expectations Off Strong Sales Growth
The apparel company’s sales rose 10.7 percent to $1.33 billion in its second straight quarter of strong revenue gains.
Amer Sports Raises 2025 Guidance on Strong Demand for Arc’teryx and Salomon Footwear
Shares of the athletic apparel and equipment maker hit an all-time high on Tuesday.
The Independents Acquires Terminal 9 Studios
The Paris-based documentary production company is The Independents’ second acquisition this year.
Edward Enninful’s EE72 Launches Website, 72 Magazine
The former British Vogue editor-in-chief and his sister, talent agent Akua Enninful, will debut the print publication alongside an EE72 website in September.
Zegna Group Revenues Down 1% as Wholesale Struggles and DTC Grows
‘We are encouraged by these early positive results but also mindful of the recent geopolitical and economic uncertainties,’ the Italian luxury group’s chairman and CEO Ermenegildo Zegna said in a statement Thursday.
Shein and Temu to Raise Prices in Response to Tariffs
The fast-fashion retailers told customers to expect "price adjustments" starting April 25.
Anta Sports Purchases Jack Wolfskin for $290 Million
China’s largest sportswear company bought the German outerwear, footwear and equipment brand from Topgolf Callaway Brands.