Forever 21 seeks rent concessions as fast-fashion brand faces financial woes
Forever 21 is asking landlords for a break on rent as the legacy fast-fashion player's sales decline and it struggles to keep up with savvier competitors, CNBC has learned.
Gabrielle Fonrouge in asian news
Levi's shares drop 12% as jeans maker's sales disappoint despite denim craze
Denim is having a moment with consumers, but it hasn't led to a major sales boost at Levi Strauss.
Fast fashion retailer Shein confidentially files for London IPO as U.S. listing stalls
Shein, the fast fashion giant with links to China, has confidentially filed for a public listing in London as it faces backlash in the U.S., a person familiar with the matter told CNBC.
Foot Locker stock surges 20% as turnaround shows signs of life
Foot Locker's turnaround is starting to bear some fruit.
E.l.f. Beauty posts first $1 billion year, but shares fall on weaker-than-expected guidance
E.l.f. Beauty posted its first billion-dollar fiscal year on Wednesday as sales spiked 77%, but the retailer's shares fell as it said it expects its growth to slow.
Under Armour is laying off workers as retailer says North America sales will plunge this year
Under Armour announced a broad restructuring plan on Thursday as it said sales in its largest market, North America, plunged 10% and predicted the trend will get worse throughout its current fiscal year.
Shein's U.S. charm offensive and IPO could hinge on NRF membership. So far, it's been rejected
Chinese-founded fast fashion behemoth Shein isn't just working to win over lawmakers in Washington, D.C., as it gears up for a potential U.S. IPO, it's also trying to win over the broader U.S. retail industry.
Fitness startup that Peloton once tried to buy is growing as workout trends shift
Connected fitness company Hydrow, which Peloton once tried to buy, is growing sales and has acquired a majority stake in strength training company Speede Fitness as gymgoers move away from cardio exercises in favor of weights, the company told CNBC on Thursday.