Category: Retail News
Bank of America downgrades Levi Strauss, says upside is hard to see with discounts and sliding denim demand
Sliding demand for denim and a continued reliance on markdowns make it hard to expect outperformance from Levi Strauss, Bank of America said Wednesday [...]
Gen Z is driving luxury sales as wealthy shoppers get younger
Analysts and luxury executives say the appeal of luxury brands to ever-younger consumers is tied to a surge in wealth creation over the past few years [...]
Jim Cramer’s Investing Club meeting Tuesday: Wells Fargo, trades, Emerson Electric
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
We’re initiating a position in a U.S. industrial giant set to gain from infrastructure spending
This new addition will increase our position in stocks of companies that trade at reasonable price-to-earnings multiples. [...]
Peloton hires former Twitter executive as new head of marketing
Peloton has hired former Twitter CMO Leslie Berland to serve as its new chief of marketing. [...]
Adidas says Berlin Fashion Week launch and co-CEO announcements are fake
The Yes Men, an activist group that has a history of creating spoofs to draw attention to corporations, said it was behind the releases. [...]
Food fraud secretly infiltrates kitchens across America — here’s how to avoid it
Food fraud costs the global food industry $40 billion per year, misleading consumers while posing potential public health risks, according to the FDA. [...]
Wall Street’s favorite retail stocks include Amazon and this little-known shoe company
These are analysts favorite retails stocks with more than 30% upside potential. [...]
How the job of Amazon delivery has changed with Rivian’s electric vans and routing software
Now that Rivian vans are delivering in 100 U.S. cities, Amazon drivers say a lot has changed with their experience on the roads. [...]
Jim Cramer’s Investing Club meeting Friday: Overbought market, Wells Fargo, Estee Lauder
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]