Under Armour will donate $1 million to Feeding America, a nonprofit food bank firm, and $1 million-worth of monetary and product to Good Sports, a charity that donates athletic equipment and apparel to youth in need.
As Covid-19 continues to spread, Monday saw a number of North American retailers moving to protect consumers and employees by implementing store closures, including Nordstrom, Guess, Canada Goose, VF, PVH and Ulta.
Nike Inc's revenue could fall by a third in the fourth quarter, Cowen estimated, as the sportswear giant reels from store closures, supply disruptions and the suspension of the NBA season due to the coronavirus.
Fast fashion may be getting a bad press on sustainability grounds, but it’s still big news for influencers, although sustainability is figuring in their posts more often, a new international study has shown.
Confirming reports that circulated at the end of last year, New York-based Centric Brands announced on Friday that it has purchased the Zac Posen brand and all related intellectual property for an undisclosed sum.