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Adidas Raises Guidance, Shares Jump 8%

Shares of Adidas jumped 8.2 percent on Wednesday after the company unexpectedly raised its full-year guidance and reported a year-on-year profit increase in the first quarter, reports CNBC. The German sportswear company said that it now expects currency-neutral revenues to increase at a mid-to high-single-digit rate in full-year 2024, compared with a previous projection of…

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Love.com's CMO on Tapping Into the Conscious Shopping Trend
April 22, 2024 at 2:19 pm

In episode 449 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews John Agnew, chief marketing officer at Love.com, an online marketplace focused on sustainable, healthy products and charitable giving. Listen in as Agnew provides an overview of the company (0:55), discusses the conscious shopping trend (1:40), the consumer behaviors Love.com is trying to tap into…

Express Files for Bankruptcy, to Close Nearly 100 Stores
April 22, 2024 at 12:10 pm

Longtime mall retailer Express filed for Chapter 11 bankruptcy protection on Monday, however, a group of investors led by brand management firm WHP Global is looking to save the company by acquiring it. Express, whose portfolio includes its namesake banner, Bonobos and UpWest, said it will close 95 of its eponymous shops and all of…

What Emerging Retail Trends Savvy Retailers Should Monitor
April 22, 2024 at 11:32 am

In an era defined by rapid transformation and technological innovation, the retail sector finds itself at the forefront of adaptation and change. Staying ahead of emerging trends is about setting the pace and leveraging new opportunities to outstrip competitors. For savvy retailers, this means continuously monitoring developments across multiple fronts, from experiential shopping to advanced…

Navigating Supply Chain Pain
April 22, 2024 at 10:10 am

Between the Baltimore bridge collapse, Red Sea conflict and Panama Canal drought, the supply chain has been in the spotlight because of the global pandemic and shutdown, international conflicts, major weather events and more. Addressing Challenges Customers need assurances from businesses that merchandise will arrive when promised. In an increasingly competitive landscape, businesses need to…

The Video Advertising Playbook: Driving New Customers on Social
April 22, 2024 at 8:59 am

Social media is no longer just a place to connect with friends; it has transformed into a powerful engine for businesses to acquire new customers. A recent survey revealed that a staggering 97 percent of marketers are leveraging social media to reach their target audiences. And the numbers don't lie — brands that embrace social…