Inc. news and archive

Stetson unveils new luxury fragrance inspired by its Western heritage

Heritage hat brand Stetson has teamed up with beauty platform Scent Beauty, Inc. to launch a new luxury fragrance designed to target “the next generation of Stetson man”. The cologne is called ‘Stetson Legend' and aims to offer a modern, elevated expression of the brand’s iconic Western heritage, while embodying the quality and sophistication...

BusinessFeatured

Stella McCartney and Protein Evolution partner on textile recycling venture

US biological recycling company Protein Evolution, Inc. (PEI) has announced a research and development collaboration with Stella McCartney to turn unused polyester and nylon fabrics into “good-as-new” products to demonstrate a circular solution for the fashion industry. The collaboration aims to demonstrate the potential of PEI’s enzyme-based...

Fashion |Beauty

Kylie Minogue launches new fragrance with Scent Beauty

Singer Kylie Minogue has launched her newest fragrance ‘Disco Darling’ in partnership with Scent Beauty, Inc. ‘Disco Darling by Kylie’ is inspired by the singer’s latest album, ‘Disco,’ and offers a floral, musky and fruit-infused scent that aims “to evoke the exuberance of dance”. It has been designed to be a “sexier and more addictive partner”...

Fashion |In Pictures

Camila Coelho adds activewear to her fashion label

Brazilian-American influencer Camila Coelho is adding activewear to her apparel brand with the launch of Camila Coelho Sport. The activewear line is created and designed by Coelho and produced in collaboration with Revolve Group, Inc. and launches with a debut 13-piece capsule collection featuring sports bras, tank tops, bike shorts, leggings,...

Fashion |In Pictures

Snoop Dogg launches pet accessories line

Rapper and entrepreneur Snoop Dogg has launched a new line of apparel and accessories for dogs in partnership with SMAC Entertainment and Little Earth Productions, Inc. Snoop Doggie Doggs pulls inspiration from the rapper’s lifestyle, explains the press release, by encouraging pet owners to spoil their dogs “to live like royalty in their...

Retail

Puma and Foot Locker expand partnership to target “next-generation customers”

Image: Puma Sportswear brand Puma and New York-based speciality athletic retailer Foot Locker, Inc. are strengthening their partnership with a focus on basketball and exclusive product collaborations to “meet the demands of this growing next-generation market segment”. In a statement, both companies said that the partnership would allow them to...

Fashion

Saucony launches apparel collection made with Cycora

Running brand Saucony, part of Wolverine World Wide, Inc., has launched an apparel collection in collaboration with Cycora by Ambercycle, a premium regenerated material made from end-of-life textiles. The Saucony x Cycora collection for men and women features a line of high-performance running tops, including a fitted tank, crop top, short...

Business

Tapestry signs business ambition for 1.5°C, aiming to reduce global warming

Washington - Tapestry, Inc. (TPR) on Thursday said it has signed Business Ambition For 1.5°C, a science-based targets initiative (SBTi) with a goal of reducing global warming to 1.5°C, by setting up interim science-based emissions reduction targets. In addition, the company has pledged to set a long-term science-based target to reach net-zero...

Business

Urban Outfitters to address commercial textile waste with FabScrap

Urban Outfitters, Inc. are partnering with FabScrap to reduce the fashion industry’s impact on the planet by helping the organisation expand with a working capital grant. The retail group started working with FabScrap in 2019 as part of its efforts to reduce waste in its supply chain. The non-profit helped Urban Outfitters, Inc. to recycle...

BusinessFeatured

Macy’s to close 125 stores, cut 2000 positions to drive growth

Announcing an updated strategy and three-year plan designed to stabilize profitability and position the company for growth, Macy’s Inc. said, the company plans to close approximately 125 of its least productive stores over the next three years, including approximately 30 stores that are in the process of closure now. Macy’s is also streamlining...

Business

Burlington Stores reports increase in Q3 sales and profit

Burlington Stores, Inc., for the third quarter ended November 2, 2019 reported total sales increase of 8.6 percent to 1,775 million dollars, while comparable store sales increased 2.7 percent. Net income for the quarter increased 26 percent to 96 million dollars or 1.44 dollars per share vs. 1.12 dollars last year, and adjusted net income...

Business

JCPenney manages to cut losses in Q3

Third quarter sales at J. C. Penney Company, Inc. reported total net sales decrease of 10.1 percent to 2.38 billion dollars. JCPenney’s comparable store sales decreased 9.3 percent for the quarter. For the third quarter, the company’s net loss improved from 151 million dollars or 48 cents per share last year to 93 million dollars or 29 cents per...