The White Company (TWC) said it reached an online sales record in the week including Black Friday and Cyber Monday with the performance helped by a more robust platform. It did not say exactly how much it sold.
Walmart said on Wednesday that soaring online purchases have caused delays in its distribution network, reflecting the challenge retailers and delivery services face in handling strong peak-season ecommerce demand.
Canadian yoga and leisure apparel maker Lululemon Athletica on Wednesday reported a higher-than-expected profit and gave an upbeat holiday-quarter forecast, sending its shares up nearly 7 percent in after-hours trading.
The American online retailer has raised 165 million dollars in growth capital in order to pursue expansion plans, particularly in Asia, through the Chinese investor Adrian Cheng and private equity firm Apax Digital.
Deckers' Board of Directors sent a letter to stockholders recommending a vote "for" all of the company's nominees. The letter comes after Marcato decreased the Deckers Outdoor Corporation board to three members.
Wu Tang Clan's apparel line Wu Wear, originally launched in 1995, has relaunched in a partnership with Live Nation's merchandise division and will be marketed to millennials and Gen Z as second generation fans.
American Eagle Outfitters Inc on Wednesday joined other U.S. apparel makers in forecasting strong earnings for the key holiday selling season but said it expected lower profit margins compared with a year earlier.