US biotech firm Bolt Threads has announced "an unprecedented consortium” of major global companies “who have secured exclusive access to its innovative material, Mylo”. Adidas and Lululemon are also on board.
...Yogawear maker Lululemon Athletica Inc said on Tuesday it was “cautiously optimistic” about the holiday season and forecast current-quarter adjusted profit to fall as much as 20% due to higher marketing expenses.
A long list of companies, including Adidas and Lululemon, have pulled advertising from Facebook in support of a campaign that called out the social media giant for not doing enough to stop hate speech on its platforms.
Bazaarvoice has acquired social commerce solution Curalate to "create a powerful offering to lead the growing visual commerce trend, where consumers increasingly buy based on user-generated visual content”.
Upscale retailers including Nordstrom, Saks Fifth Avenue and jeweler Tiffany & Co reopened their New York City flagships on Wednesday with signage and sanitizer stands to calm shoppers worried about the coronavirus.
A spike in the Canadian athleticwear company’s online sales proved insufficient to make up for the negative impact of Covid-19-related brick-and-mortar store closures, leading to lower-than-expected quarterly revenues.
...last few weeks of the quarter.The brand was already struggling with competition from the likes of Nike Inc and Lululemon Athletica which have been able to attract more shoppers with their new launches, limited edit...