Financial News: Page 8
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Wholesale, back to school propel Birkenstock in Q3
Executives called tariffs “manageable” with a mix of price hikes, production efficiency and vendor negotiations, among other moves.
By Daphne Howland • Aug. 14, 2025 -
Gildan Activewear to buy HanesBrands for $2.2B
The deal would nearly double Gildan’s revenue, but there could be antitrust hurdles because both companies sell underwear, hosiery and shirts.
By Laurel Deppen • Aug. 13, 2025 -
On raises full-year outlook, shrugs off tariff impact
Currency changes challenged the Swiss brand in Q2, but net sales still rose with direct to consumer leading the way.
By Dani James • Aug. 12, 2025 -
Funko turns to layoffs, price increases to battle tariffs
The company swung to a $41 million loss in the second quarter and saw sales plummet 22%, but forecasts an upswing in the second half of the year.
By Kaarin Moore • Aug. 12, 2025 -
Skechers releases Q2 revenue results ahead of planned go-private deal
A shareholder lawsuit filed to stop the $9.4 billion deal was withdrawn, paving the way for the merger to close this quarter.
By Laurel Deppen • Aug. 12, 2025 -
Grove Collaborative to review strategic options as Q2 revenue declines
The company will create a working group after a shareholder pushed for a review of strategic initiatives, including a possible sale.
By Dani James • Aug. 11, 2025 -
5 of retail’s most impactful deals in 2025
From Skechers selling itself to numerous moves in the Beyond Inc. saga, here’s a look at the top deals during the first half of the year.
By Xanayra Marin-Lopez • Aug. 11, 2025 -
Allbirds expects to lose some momentum in Q3, lowers full-year guidance
Tariffs and store closures are clouding the brand's progress, and a lot is riding on the fourth quarter.
By Daphne Howland • Aug. 8, 2025 -
Tariffs will halve Under Armour’s profitability this year
The retailer now anticipates an additional $100 million in tariff-related costs, even as it works to mitigate the impact of the levies.
By Cara Salpini • Aug. 8, 2025 -
Peloton to shrink workforce by 6% in cost-cutting effort
The fitness company told its shareholders that operating expenses “remain too high, which hinders our ability to invest in our future.”
By Alexei Alexis • Aug. 8, 2025 -
Column
The Weekly Closeout: The ‘big shock’ at Crocs and a challenge for Dick’s Foot Locker deal
The foam footwear brand projects double-digit declines. Meanwhile, Sen. Elizabeth Warren asked the FTC to “closely scrutinize” the merger.
By Retail Dive Staff • Aug. 8, 2025 -
Warby Parker to end home try-on program as it focuses on stores, digital experience
The eyewear company said the vast majority of the program’s users live within 30 minutes of one of the retailer’s 300 stores.
By Caroline Jansen • Aug. 7, 2025 -
Why Claire’s is closing 700 US stores, mulling liquidation
If a buyer doesn’t come forward, and some analysts doubt any will, the retailer is prepared to wind down its operations in North America.
By Daphne Howland • Aug. 7, 2025 -
Claire’s files Chapter 11 with 18 stores slated to close
The retailer has struggled since its 2018 bankruptcy and isn’t well positioned for tariffs and other economic headwinds, analysts said.
By Daphne Howland • Aug. 6, 2025 -
Wayfair posts first quarterly profit in 4 years
Executives called Q2 “a resounding success” and highlighted that its marketplace model is able to keep prices consistent despite tariffs.
By Caroline Jansen • Aug. 5, 2025 -
Canada Goose monitors US trade policy as revenue improves
The retailer declined to provide guidance in the face of a shifting tariff environment, but notched sales growth in North America.
By Dani James • Aug. 4, 2025 -
Amazon’s other businesses continue to outpace retail
The e-commerce giant in Q2 gained more revenue from advertising, seller services and subscriptions, and that's without its massive AWS cloud unit.
By Daphne Howland • Aug. 1, 2025 -
Perfect Corp. AI, AR subscriptions drive revenue growth
The company, which specializes in virtual try-on tech, attributes the growth to the demand for generative AI, among other factors.
By Xanayra Marin-Lopez • July 31, 2025 -
Etsy bets on its app as declines persist
The company’s ranking model has lost steam, so it is retooling its platform to leverage large language models and generative AI.
By Daphne Howland • July 31, 2025 -
Podcast
The Backroom: What’s next for Target?
Join Retail Dive reporters Daphne Howland and Dani James for a discussion about the mass retailer’s unique history, the ups and downs of its differentiation, and where it may be headed.
By Retail Dive Staff • July 31, 2025 -
VF reports flat revenue, decline at Vans
Excluding the skatewear brand, the apparel conglomerate saw sales grow thanks to The North Face and Timberland.
By Laurel Deppen • July 31, 2025 -
Adidas braces for $230M tariff hit in the back half of the year
Nevertheless, the sportswear giant maintained its outlook and said it has yet to see consumer demand weaken.
By Cara Salpini • July 30, 2025 -
Nearly 120 J.C. Penney stores sold to private equity for under $950M
Executives for a trust that has worked for four years to sell the property defended the price and said a January deadline was looming.
By Daphne Howland • July 30, 2025 -
Purple expects showroom profitability in 2025
The mattress company reported a 12.6% drop in second-quarter net revenue, and executives noted the brand is working to mitigate evolving tariff rates.
By Dani James • July 30, 2025 -
Overstock eyes luxury expansion with Rolex, Patek Philippe
The brand sees a future in extending its luxury goods offering. Meanwhile, parent Beyond Inc. saw second quarter revenue drop nearly 30%.
By Dani James • July 29, 2025