Retail

Sotheby's is auctioning off a number of rare Nike brand sneakers, including those promoted by major players in entertainment.

Three months after Ikea announced it was doing away with its iconic paper catalog, the Swedish furniture company has moved its categorized product listicles into a creative audio format.

While there’s no such thing as a free lunch, doughnuts are a different story: Krispy Kreme, one of the most recognizable brands in the industry, is offering free doughnuts people who get vaccinated against COVID-19.

Rite Aid has apologized to two undocumented immigrants after stores in Southern California denied them COVID-19 vaccines.

In an otherwise bleak picture after a year of coronavirus lockdowns, a bright spot has emerged for the apparel industry: Americans are finally shedding their loungewear for dressier clothes.

The tourist attraction is set to close in mid-April, according to reports.

Nike reported net income of $1.4 billion, or 90 cents per share, compared with $847 million, or 53 cents per share, a year ago.

Despite being reported to Nike’s Loss Prevention team on multiple occasions, Joe Hebert was reportedly never investigated.

L Brands announced Thursday that Les Wexner, and his wife, Abigail, will not stand for reelection to the board. 

Net sales for the third quarter were $82.6 million, an increase of $39.3 million, or 90.7%, compared to net sales of $43.3 million for the comparable quarter last year.

According to data from Wells Fargo, Amazon's U.S. sales of clothing and shoes, including third-party sellers, grew 15% in 2020 to $41 billion. The increase represents 11-12% share of all apparel sold in the U.S. and 34-35% share of all apparel sold online. 

Lands' End and Kohls are getting even cozier.

Dick's Sporting Goods is launching a menswear line, VRST, at more than 400 of its stores and online.