Shares for Macy’s Inc. were up 6.5% on Tuesday morning after the department store beat expectations in the second quarter. Net sales in the second quarter fell slightly to $5.6 billion from $5.65 billion a year earlier. This was still above market expectations with estimates for the quarter at $5.49 billion. On the company’s second […]
Nordstrom is the latest retailer to adjust its yearly guidance down, despite performing well in the second quarter. On Tuesday, the Seattle-based department store reported net Q2 earnings of $126 million, up from $80 million the same quarter last year. Net sales also increased 12% in the quarter to $3.99 billion, versus $3.57 billion in […]
Shares of Caleres Inc. were up nearly 5% in after-hours trading on Tuesday after the company reported strong second-quarter results. The St. Louis-based footwear company, which owns Famous Footwear, Allen Edmonds, Sam Edelman and more brands, reported that Q2 net sales were up 9.3% from last year, coming in at $738.3 million. This beat analysts’ expectations of […]
Emme Muniz was sharply suited at mother Jennifer Lopez’s second wedding to Ben Affleck. The couple wed at Affleck’s estate in Riceboro, Ga., on Saturday — which also shared a romantic history, as it’s where they would have originally wed in their initial 2003 engagement. During Lopez and Ben’s wedding, 14-year-old Muniz dressed on-theme with the event’s all-white […]
Maximilian Muniz dressed in truly dapper fashion for his mother Jennifer Lopez’s second wedding to Ben Affleck. The couple wed at Affleck’s estate in Riceboro, Ga., on Saturday — which also shared a romantic history, as it’s where they would have originally wed in their initial 2003 engagement. During Lopez and Ben’s wedding, 14-year-old Muniz clearly paid attention […]
Patrick Mahomes was in full team spirit with his family while at the Kansas City Chiefs’ Geha Field, celebrating his announcement as the latest inductee in the Texas Tech Hall of Fame. The occasion will formally take place this fall, where Mahomes will be officially inducted. The quarterback posed with wife Brittany Matthews and their daughter Sterling in […]
Jennifer Garner completed her upcoming Apple TV+ drama miniseries, “The Last Thing He Told Me,” in Austin, Texas this weekend — in truly outdoors-worthy style, to boot. Posing in a pink speedboat on a lake in a new Instagram post, Garner sat at the wheel, accompanied by actress Angourie Rice — who plays her stepdaughter […]
G-Eazy knows how to steal the show. To celebrate the 25th anniversary of the Staple brand, FN tapped the rap superstar to lead an exclusive conversation last month with founder, designer and collaboration legend Jeff Staple — and star with him on the August cover of the magazine. The venue was The Motoring Club, a member-exclusive co-working space in […]
Retailers this quarter have announced aggressive actions to manage inventory excesses that have accumulated in the last few quarters. In some cases, companies are cancelling orders to prevent any further build-up in stores and warehouses. As consumers pivot to mainly non-discretionary categories, big-box and department store retailers have seen excesses in discretionary categories like apparel. […]
During their time working together at Nike, Brian Lockard and John Eberle catered to the needs of elite athletes. With their new venture, Bala Footwear, the industry veterans are applying that same mentality to healthcare. The two founded Bala Footwear in 2019, a brand with a mission to create solutions without compromise for healthcare professionals. Lockard, […]