Financial News: Page 2
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Adore Me weighs on Victoria’s Secret operating income
The company reported a $120 million impairment charge related to the subbrand, with the fair values of certain Adore Me assets deemed “nominal,” per a filing.
By Dani James • May 6, 2026 -
Brooks Running boasts global sales growth
The athletics retailer reported pronounced growth in China and an acceleration in apparel sales.
By Tatiana Walk-Morris • May 6, 2026 -
Trendline
The direct-to-consumer landscape in retail
More mature brands are pursuing exit strategies and expanding their reach, while traditional retailers are increasingly shifting to a DTC model.
By Retail Dive staff -
SEC unveils blueprint for ditching quarterly reporting
The proposal is part of the “Make IPOs Great Again” push aimed at reducing the “rigidity” of rules governing public companies, SEC Chair Paul Atkins said Tuesday.
By Maura Webber Sadovi • May 6, 2026 -
REI reports flat sales, narrower losses as store workers call for a boycott
The REI Union said a boycott of the retailer’s anniversary sale is the only way to be heard, as contract talks ended last week without an agreement.
By Daphne Howland • May 5, 2026 -
Mattel CEO: ‘Consumers are buying toys’
Ynon Kreiz said that the toy industry is healthy and the company is continuing to see demand.
By Kaarin Moore • May 5, 2026 -
GameStop’s $56B eBay bid aims to create collectibles powerhouse
The gaming retailer submitted an unsolicited acquisition proposal for the online marketplace and suggested its store fleet could serve as eBay's fulfillment network.
By Dani James • May 4, 2026 -
Estée Lauder now expects up to 10K role reductions
The cosmetics company increased its expected role cuts as part of its restructuring effort, with much of the increase in point-of-sale jobs at department stores.
By Dani James • May 1, 2026 -
Column
The Weekly Closeout: Heydude sales decline and Lululemon dishes about Chip Wilson
The Crocs-owned footwear brand's sales fell 12%, while the athletics company spelled out a fraught relationship in proxy documents.
By Retail Dive Staff • May 1, 2026 -
Wayfair touts market share gains in retail’s toughest category
The home goods retailer also posted a healthy Q1 sales increase, but its struggles with profitability continued as net loss barely budged.
By Daphne Howland • April 30, 2026 -
Amazon Prime Day moves to June
The e-commerce company's sales event happened in July last year. Meanwhile, Q1 earnings showed strong growth in online store net sales.
By Dani James • April 30, 2026 -
As discounts proliferate, Adidas must ‘defend newness’
In another big growth quarter, the activewear giant said it pulled back on wholesale to avoid promotions on new product.
By Cara Salpini • April 29, 2026 -
Etsy CEO calls on sellers to refresh inventory, provide ‘really great human service’
Kruti Patel Goyal, a 15-year company veteran who took the top job in January, said the company’s Q1 performance indicates early turnaround success.
By Daphne Howland • April 29, 2026 -
Bed Bath & Beyond CEO: AI will lead to ‘significant reduction in headcount’
Areas impacted at the retailer could include supply chain, IT, accounting, marketing and merchandising, Marcus Lemonis told analysts Monday.
By Caroline Jansen • April 28, 2026 -
3 takeaways from Walmart’s 2026 annual report
The retailer's 2026 fiscal year boasted e-commerce growth, Supercenter openings and big AI initiatives. “We are at a pivotal moment,” CEO John Furner said.
By Dani James • April 27, 2026 -
Hasbro expects March cyberattack to impact second-quarter revenue
The toy maker is reviewing files and working to fully bring certain systems back online. The company will incur some costs related to the investigation.
By David Jones • April 27, 2026 -
Column
The Weekly Closeout: Pat McGrath Labs exits bankruptcy, GameStop bets on ‘retro’
The cosmetics company forged a deal with GDA Luma, while the gaming retailer is expanding its assortment of older products nationwide.
By Retail Dive Staff • April 24, 2026 -
Men’s Wearhouse owner aims to rejoin the stock market
Tailored Brands struggled even after its 2020 bankruptcy as the menswear specialist grappled with the pandemic and changing consumer habits.
By Daphne Howland • April 22, 2026 -
Primark to be spun off into stand-alone company
Parent company Associated British Foods plans to separate the fashion retailer from its food business before the end of 2027.
By Kaarin Moore • April 21, 2026 -
Backcountry acquires Coalatree as it debuts brand incubator
The retailer, which bought cycling company Velotech in September, is looking for more partnerships with up-and-coming brands.
By Tatiana Walk-Morris • April 17, 2026 -
QVC Group follows through on bankruptcy, readies itself for a new live-shopping era
The Chapter 11 process applies only to U.S. entities and will be swift, as the company has a plan to drastically reduce its $6.6 billion debt.
By Daphne Howland • April 17, 2026 -
Column
The Weekly Closeout: Allbirds’ ‘AI-washing’ and Nike’s ongoing exec turnover
The footwear retailer announced a pivot no one saw coming, while another leader walked out the door at the sportswear giant.
By Retail Dive Staff • April 17, 2026 -
QVC Group preps bankruptcy filing
The television shopping network is buckling under billions in debt as losses pile up.
By Daphne Howland • April 16, 2026 -
Vince expresses confidence in Saks Global, despite $6M bad debt expense
The fashion company “took a hit” in Q4 due to the conglomerate, but is optimistic about the future.
By Kaarin Moore • April 16, 2026 -
Rent the Runway turns to marketplace, other sideline businesses to stoke revenue
The subscription site is also launching more than 30 new brands and expanding its “everyday” and “workwear” assortments.
By Daphne Howland • April 14, 2026 -
Surprise wholesale strength lifts Levi’s in Q1
Sales and margins beat expectations, thanks to growth across channels — and the ongoing popularity of denim worldwide.
By Daphne Howland • April 8, 2026