American Eagle Shares Drop 13% Amid Weak Holiday Sales Forecast and Lowered Guidance
Dec 5, 2024
Shares of American Eagle fell by about 13% in after-hours trading on Wednesday following the company’s disappointing holiday sales forecast and a reduction in its full-year revenue guidance. Despite strong performance in the back-to-school season, the apparel retailer is facing shifting consumer behavior,
Michael Kors Discusses Challenges of Fashion Relevance Amid TikTok Trends and Celebrity Influence in Federal Trial
Sep 17, 2024
Michael Kors, a renowned fashion designer, testified in a federal trial on Monday, highlighting the growing difficulty of keeping his brand relevant in today’s market. In a world where viral TikTok trends and celebrities like Taylor Swift can dictate fashion choices, Kors explained