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News

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Genesco raises FY27 profit target despite revenue slump

1+ week, 3+ hour ago   (432+ words) Genesco has raised its fiscal 2027 (FY27) full-year profit guidance after reporting second quarter (Q2) results that surpassed internal expectations, driven by higher gross margins and effective cost controls. For the three months ended 1 August 2026, Nashville-based footwear retailer Genesco recorded a 3% decline in…...

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Dick's cuts 2026 outlook as Foot Locker drags down Q2 earnings

2+ week, 5+ day ago   (495+ words) Dick’s Sporting Goods has reduced its full-year 2026 (FY26) financial outlook following its second quarter (Q2) results, as heightened promotional activity in the athletic footwear and apparel sectors weighed on profitability, particularly within its Foot Locker segment. For the 13 weeks ended 1 August 2026, Dick’s…...

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Boohoo fined $2.7m in France for misleading labelling on website

3+ week, 4+ hour ago   (317+ words) France’s consumer regulator has fined UK-based fashion retailer Boohoo €2.3m ($2.7m) for “deceptive business practices” including violations of product labelling rules on its website. In a statement on 20 August 2026, the Directorate-General for Competition, Consumer Affairs and Fraud Control (DGCCRF) said Boohoo had…...

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Clothing sales drag UK retail sales down in July

3+ week, 3+ day ago   (67+ words) Just Style Stay ahead with unbiased news, expert commentary, and in-depth features on global topics. As a trusted provider of data and insights, Just Style collaborates closely with industry leaders and professionals to offer unique thought leadership and analysis. Gain…...

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JD Sports trims profit guidance as US sales and footwear demand lag

3+ week, 4+ day ago   (70+ words) Just Style Stay ahead with unbiased news, expert commentary, and in-depth features on global topics. As a trusted provider of data and insights, Just Style collaborates closely with industry leaders and professionals to offer unique thought leadership and analysis. Gain…...

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Südwesttextil warns of ‘legal uncertainty’ as EU textile packaging law takes effect

3+ week, 4+ day ago   (462+ words) German textile businesses are voicing strong concerns as the European Packaging Regulation, which came into effect on 12 August, brings sweeping changes and administrative challenges across the sector. Südwesttextil, the business and employers’ association for the regional textile and clothing industry,…...