Financial News


  • Another U-turn at Beyond: brick and mortar for BuyBuy Baby

    The company, which continues to shake up its portfolio and branding strategies, is also opening Overstock stores.

    By April 29, 2025
  • A closeup of colorful Skechers sneakers on display in a store.
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    Brandon Bell/Getty via Getty Images
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    Skechers announces record sales but pulls guidance

    The footwear giant saw both wholesale and DTC sales rise but cautioned that current trade policies have created macroeconomic uncertainty.

    By Lara Ewen • April 29, 2025
  • A Carter's Babies and Kids storefront with a blue sky
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    The image by Mike Mozart is licensed under CC BY 2.0
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    Carter’s pulls guidance as profits plummet, tariffs loom

    The children’s clothing company's new CEO is navigating a turnaround amid falling sales and rising uncertainty.

    By Tatiana Walk-Morris • April 28, 2025
  • Adidas store in Shanghai
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    Courtesy of Adidas
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    The Weekly Closeout: Coty to cut 700 jobs, Adidas sports double-digit growth

    The cutbacks are part of the beauty conglomerate’s strategic transformation, while preliminary Q1 results show momentum from the sports retailer.

    By Retail Dive Staff • April 25, 2025
  • A box labeled "Hasbro" is displayed, along with other store products.
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    Justin Sullivan via Getty Images
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    Hasbro Q1 revenue increases 17%

    The toy company, which is undergoing a turnaround effort, continued to advocate for tariff exceptions in its sector.

    By Dani James • April 25, 2025
  • a photo illustration of an iPhone displaying the Shein logo in front of a Temu logo.
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    Ben Montgomery via Getty Images
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    Shein, Temu to raise prices due to tariff impact

    The fast-fashion companies didn’t specify the extent of the cost increases, but posted identical notices on their websites.

    By Laurel Deppen • April 25, 2025
  • Exterior of a brick building with the Etsy name on it.
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    Courtesy of Etsy
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    Etsy to sell music gear marketplace Reverb

    The company is divesting from Reverb in order to focus more on its core marketplace and Depop. 

    By Tatiana Walk-Morris • April 24, 2025
  • Nordstrom's New York City flagship opened in October 2019.
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    Daphne Howland/Retail Dive
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    Could tariffs sink Nordstrom’s go-private deal?

    The risk is small, but not zero, and could grow if the fallout from new trade policies worsens, according to William Blair analysts.

    By April 23, 2025
  • A model wears a leotard, tights and ballet shoes in a ballet position.
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    Courtesy of Capezio
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    Capezio sold after more than a century of family ownership

    Argand Partners said it plans to “modernize” the dancewear brand through licensing agreements and product innovation.

    By Laurel Deppen • April 22, 2025
  • The Vitamin Shoppe to be sold to private equity for nearly $195M

    Kingswood Capital Management and Performance Investment Partners have agreed to acquire the vitamin and supplements retailer from Franchise Group.

    By Howard Ruben • April 18, 2025
  • The interior of an Under Armour store in Houston, Texas.
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    Brandon Bell via Getty Images
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    The Weekly Closeout: Small businesses sue over tariffs, Under Armour adds PE exec to board

    A group of small businesses banded together to challenge the Trump administration’s authority to levy tariffs, while the athletics retailer added a board director from Sycamore Partners.

    By Retail Dive Staff • April 18, 2025
  • A construction worker sits alone at a jobsite.
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    SimonSkafar/E+ via Getty Images
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    Trade war puts US on ‘precipice’ of recession: Moody’s chief economist

    The U.S. economy will likely begin to shrink “unless policy takes a very sharp turn here pretty quickly,” Moody’s Chief Economist Mark Zandi said.

    By Jim Tyson • April 18, 2025
  • President Donald Trump delivers remarks during a Cabinet meeting at the White House on April 10, 2025 in Washington, DC.
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    Anna Moneymaker / Staff via Getty Images
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    Trade war set to impact electronics, other discretionary products hardest

    Small and medium-sized brands are poised to bear the negative brunt of increased tariffs on imports to the U.S., according to a new PitchBook report.

    By Dani James • April 16, 2025
  • Boxes of Merrell shoes are stacked inside a store.
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    The image by Kzoo Cowboy is licensed under CC BY 2.0
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    Moody’s downgrades retail’s outlook on ‘bleak’ prospects amid trade war

    Apparel and footwear are especially vulnerable and off-price less so, though the impact of tariffs is industrywide, Moody’s Ratings analysts said Monday.

    By April 15, 2025
  • ‘Our stores have become an orphan channel’: The Children’s Place

    The company acknowledged that its stores have been neglected, but it is ready for a “spree” of openings and a new concept location.

    By April 15, 2025
  • A Lowe's storefront with the company's blue and white signage
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    Nate Delesline III/Retail Dive
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    Lowe’s to acquire Artisan Design Group for $1.3B

    The deal expands the retailer’s pro offerings and is expected to increase its total addressable market by around $50 billion. 

    By Tatiana Walk-Morris • April 15, 2025
  • Cosmetics on a table.
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    iStock via Getty Images
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    As beauty continues to grow, TikTok Shop and Amazon will gain share

    That comes at the expense of drugstores, department stores, mass merchandisers and even specialty beauty retailers, per TD Cowen.

    By Tatiana Walk-Morris • April 15, 2025
  • A furniture store window.
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    Daphne Howland/Retail Dive
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    Lovesac taps Crocs veteran as first chief brand and marketing officer

    As chief marketing officer at the footwear brand, Heidi Cooley had a digital and social-first approach to driving growth.

    By Howard Ruben • April 14, 2025
  • A Rite Aid store location.
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    Courtesy of Amazon
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    The Weekly Closeout: JD Sports now ‘bigger than Foot Locker’ and is Rite Aid mulling another bankruptcy?

    JD Sports said it has more market share in North America than its rival retailer, while the drugstore is reportedly contemplating refiling. 

    By Retail Dive Staff • April 11, 2025
  • A person wearing sunglasses pushes a baby in a store cart.
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    Daphne Howland/Retail Dive
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    At brick-and-mortar powerhouse Walmart, e-commerce turns profitable

    The retail giant isn’t immune to tariff fallout but is maintaining its outlook, in part because it sees market share opportunity, executives said Wednesday.

    By April 10, 2025
  • President Donald Trump speaks in the Oval Office of the White House on April 7, 2025.
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    Kevin Dietsch via Getty Images
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    Trump pauses most reciprocal tariffs, hikes China’s further

    The U.S. will now charge a 125% duty on imports from China, while most other countries will be subject to a 10% rate for 90 days.

    By Philip Neuffer • Updated April 14, 2025
  • Someone stands to left of a store window with a white neon sign that reads "The Levi's Tailor Shop San Francisco."
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    Daphne Howland/Retail Dive
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    Any Levi’s tariff-related price bumps will be ‘surgical,’ but impact of trade policy still unclear

    Chief Financial and Growth Officer Harmit Singh this week said the last time the company faced a similarly murky challenge was during the pandemic.

    By April 9, 2025
  • A truck transports a container at Yangluo container port on the Yangtze River on April 12, 2020 in Wuhan, Hubei Province, China.
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    Getty Images via Getty Images
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    China raises tariffs on US to 84%, matching Trump’s increase

    The retaliatory duties, taking effect Thursday, were originally set at 34% before the White House raised its own rates further.

    By Max Garland • April 9, 2025
  • Donald Trump addresses a crowd
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    Andrew Harnik via Getty Images
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    Trump threatens 50% tariff on China if retaliatory duties stay

    In response, China’s Ministry of Commerce said it has no intention of backing down and vowed to install countermeasures if Trump’s threat holds.

    By Max Garland • Updated April 8, 2025
  • The front entrance of an RH store with a blue sky
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    Nate Delesline III/Retail Dive
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    RH releases clarification on demand, tariff exposure following CEO’s impromptu alarm

    As shares plummeted after the president’s trade announcement Wednesday, CEO Gary Friedman let loose an expletive during an earnings call.

    By April 7, 2025