Latest news with #Nike
Fashion Network
2 hours ago
- Business
- Fashion Network
Levi Strauss limits selection for holiday shopping season due to tariffs
Other companies including toymaker Hasbro are also cutting less-popular lines. That approach has been used before in difficult times such as the pandemic, by Nike for instance. Levi Strauss is focusing on a "common assortment" of products, meaning it is producing similar or identical merchandise in various markets, Singh said. This gives Levi Strauss the "flexibility and the agility to move product around the world," he said. U.S. President Donald Trump 's tariffs on countries including China, Cambodia, Vietnam and Bangladesh have forced companies to rethink supply chains and import strategies as goods are often subject to layered tariffs. It could cost tens of thousands of dollars more to clear a shipping container of jeans at customs. This will boost retail prices for shoppers, especially during the crucial holiday shopping period. Levi's operating margin for the latest quarter rose 7.5% from 1.5% a year earlier. Analysts cheered the company's decision to tightly control stock-keeping units, or SKUs, an industry term for inventory. "Levi's move to reduce non-productive SKUs is a smart and sustainable strategy," said Angeli Gianchandani, adjunct instructor at New York University's School of Professional Studies. "Nike pursued a similar strategy through its "fewer, bigger, bolder" approach, which helped simplify assortments ... Brands like Coach and Uniqlo have also benefited from editing down to focus on hero products." Hasbro said in April that the toymaker was doing a "significant amount of SKU reduction" and importing fewer items from China as a defense against tariffs. Hasbro CEO Christian Cocks said: "We are changing what the SKU mix looks like inside of the aisles for the U.S. so that we can favor India-based SKUs, which maybe are older SKUs but are tried and true." Smaller vendors who sell on Amazon are cutting SKUs to offset the impact of paying tariffs and commission fees, and offering sales on discounting events like Black Friday and Cyber Monday, analysts said. E-commerce marketing consultancy Front Row, which works with beauty and haircare brands including Unilever 's Tatcha and Procter & Gamble 's Ouai, said some of its clients reduced the number of products offered for Amazon's 98-hour Prime Day. U.S. retailers drove $7.9 billion during July 8, making the first 24 hours of Prime Day the highest e-commerce shopping day so far this year, according to Adobe Analytics. 'A lot of our brands are considering less SKUs,' Front Row Senior Vice President of Commercial Operations Alexandra Carmody said. "They're trying to figure out how to optimize the 20% of their assortments that make up 80% of their sales." Bogg Bag, which sells $80 plastic totes at Dick's Sporting Goods and on Amazon, is rolling back the number of items that will be on physical and virtual shelves this U.S. holiday shopping season to focus on the best-selling items, Chief Executive Kim Vaccarella said.
Fashion Network
3 hours ago
- Business
- Fashion Network
Levi Strauss limits selection for holiday shopping season due to tariffs
Other companies including toymaker Hasbro are also cutting less-popular lines. That approach has been used before in difficult times such as the pandemic, by Nike for instance. Levi Strauss is focusing on a "common assortment" of products, meaning it is producing similar or identical merchandise in various markets, Singh said. This gives Levi Strauss the "flexibility and the agility to move product around the world," he said. U.S. President Donald Trump 's tariffs on countries including China, Cambodia, Vietnam and Bangladesh have forced companies to rethink supply chains and import strategies as goods are often subject to layered tariffs. It could cost tens of thousands of dollars more to clear a shipping container of jeans at customs. This will boost retail prices for shoppers, especially during the crucial holiday shopping period. Levi's operating margin for the latest quarter rose 7.5% from 1.5% a year earlier. Analysts cheered the company's decision to tightly control stock-keeping units, or SKUs, an industry term for inventory. "Levi's move to reduce non-productive SKUs is a smart and sustainable strategy," said Angeli Gianchandani, adjunct instructor at New York University's School of Professional Studies. "Nike pursued a similar strategy through its "fewer, bigger, bolder" approach, which helped simplify assortments ... Brands like Coach and Uniqlo have also benefited from editing down to focus on hero products." Hasbro said in April that the toymaker was doing a "significant amount of SKU reduction" and importing fewer items from China as a defense against tariffs. Hasbro CEO Christian Cocks said: "We are changing what the SKU mix looks like inside of the aisles for the U.S. so that we can favor India-based SKUs, which maybe are older SKUs but are tried and true." Smaller vendors who sell on Amazon are cutting SKUs to offset the impact of paying tariffs and commission fees, and offering sales on discounting events like Black Friday and Cyber Monday, analysts said. E-commerce marketing consultancy Front Row, which works with beauty and haircare brands including Unilever 's Tatcha and Procter & Gamble 's Ouai, said some of its clients reduced the number of products offered for Amazon's 98-hour Prime Day. U.S. retailers drove $7.9 billion during July 8, making the first 24 hours of Prime Day the highest e-commerce shopping day so far this year, according to Adobe Analytics. 'A lot of our brands are considering less SKUs,' Front Row Senior Vice President of Commercial Operations Alexandra Carmody said. "They're trying to figure out how to optimize the 20% of their assortments that make up 80% of their sales." Bogg Bag, which sells $80 plastic totes at Dick's Sporting Goods and on Amazon, is rolling back the number of items that will be on physical and virtual shelves this U.S. holiday shopping season to focus on the best-selling items, Chief Executive Kim Vaccarella said.
Fashion Network
3 hours ago
- Business
- Fashion Network
Levi Strauss limits selection for holiday shopping season due to tariffs
Other companies including toymaker Hasbro are also cutting less-popular lines. That approach has been used before in difficult times such as the pandemic, by Nike for instance. Levi Strauss is focusing on a "common assortment" of products, meaning it is producing similar or identical merchandise in various markets, Singh said. This gives Levi Strauss the "flexibility and the agility to move product around the world," he said. U.S. President Donald Trump 's tariffs on countries including China, Cambodia, Vietnam and Bangladesh have forced companies to rethink supply chains and import strategies as goods are often subject to layered tariffs. It could cost tens of thousands of dollars more to clear a shipping container of jeans at customs. This will boost retail prices for shoppers, especially during the crucial holiday shopping period. Levi's operating margin for the latest quarter rose 7.5% from 1.5% a year earlier. Analysts cheered the company's decision to tightly control stock-keeping units, or SKUs, an industry term for inventory. "Levi's move to reduce non-productive SKUs is a smart and sustainable strategy," said Angeli Gianchandani, adjunct instructor at New York University's School of Professional Studies. "Nike pursued a similar strategy through its "fewer, bigger, bolder" approach, which helped simplify assortments ... Brands like Coach and Uniqlo have also benefited from editing down to focus on hero products." Hasbro said in April that the toymaker was doing a "significant amount of SKU reduction" and importing fewer items from China as a defense against tariffs. Hasbro CEO Christian Cocks said: "We are changing what the SKU mix looks like inside of the aisles for the U.S. so that we can favor India-based SKUs, which maybe are older SKUs but are tried and true." Smaller vendors who sell on Amazon are cutting SKUs to offset the impact of paying tariffs and commission fees, and offering sales on discounting events like Black Friday and Cyber Monday, analysts said. E-commerce marketing consultancy Front Row, which works with beauty and haircare brands including Unilever 's Tatcha and Procter & Gamble 's Ouai, said some of its clients reduced the number of products offered for Amazon's 98-hour Prime Day. U.S. retailers drove $7.9 billion during July 8, making the first 24 hours of Prime Day the highest e-commerce shopping day so far this year, according to Adobe Analytics. 'A lot of our brands are considering less SKUs,' Front Row Senior Vice President of Commercial Operations Alexandra Carmody said. "They're trying to figure out how to optimize the 20% of their assortments that make up 80% of their sales." Bogg Bag, which sells $80 plastic totes at Dick's Sporting Goods and on Amazon, is rolling back the number of items that will be on physical and virtual shelves this U.S. holiday shopping season to focus on the best-selling items, Chief Executive Kim Vaccarella said.
Fashion Network
3 hours ago
- Business
- Fashion Network
Levi Strauss limits selection for holiday shopping season due to tariffs
Other companies including toymaker Hasbro are also cutting less-popular lines. That approach has been used before in difficult times such as the pandemic, by Nike for instance. Levi Strauss is focusing on a "common assortment" of products, meaning it is producing similar or identical merchandise in various markets, Singh said. This gives Levi Strauss the "flexibility and the agility to move product around the world," he said. U.S. President Donald Trump 's tariffs on countries including China, Cambodia, Vietnam and Bangladesh have forced companies to rethink supply chains and import strategies as goods are often subject to layered tariffs. It could cost tens of thousands of dollars more to clear a shipping container of jeans at customs. This will boost retail prices for shoppers, especially during the crucial holiday shopping period. Levi's operating margin for the latest quarter rose 7.5% from 1.5% a year earlier. Analysts cheered the company's decision to tightly control stock-keeping units, or SKUs, an industry term for inventory. "Levi's move to reduce non-productive SKUs is a smart and sustainable strategy," said Angeli Gianchandani, adjunct instructor at New York University's School of Professional Studies. "Nike pursued a similar strategy through its "fewer, bigger, bolder" approach, which helped simplify assortments ... Brands like Coach and Uniqlo have also benefited from editing down to focus on hero products." Hasbro said in April that the toymaker was doing a "significant amount of SKU reduction" and importing fewer items from China as a defense against tariffs. Hasbro CEO Christian Cocks said: "We are changing what the SKU mix looks like inside of the aisles for the U.S. so that we can favor India-based SKUs, which maybe are older SKUs but are tried and true." Smaller vendors who sell on Amazon are cutting SKUs to offset the impact of paying tariffs and commission fees, and offering sales on discounting events like Black Friday and Cyber Monday, analysts said. E-commerce marketing consultancy Front Row, which works with beauty and haircare brands including Unilever 's Tatcha and Procter & Gamble 's Ouai, said some of its clients reduced the number of products offered for Amazon's 98-hour Prime Day. U.S. retailers drove $7.9 billion during July 8, making the first 24 hours of Prime Day the highest e-commerce shopping day so far this year, according to Adobe Analytics. 'A lot of our brands are considering less SKUs,' Front Row Senior Vice President of Commercial Operations Alexandra Carmody said. "They're trying to figure out how to optimize the 20% of their assortments that make up 80% of their sales." Bogg Bag, which sells $80 plastic totes at Dick's Sporting Goods and on Amazon, is rolling back the number of items that will be on physical and virtual shelves this U.S. holiday shopping season to focus on the best-selling items, Chief Executive Kim Vaccarella said.
Yahoo
6 hours ago
- Sport
- Yahoo
Wings' Paige Bueckers rocked Devin Booker's sneakers in Phoenix
The post Wings' Paige Bueckers rocked Devin Booker's sneakers in Phoenix appeared first on ClutchPoints. The Dallas Wings are doing everything they can to remain competitive, but they're beginning to see another season of growing pains for their young core. It's sometimes the price you have to pay in order to lock up to No. 1 overall Draft pick in the first place, but rookie Paige Bueckers is confident in bringing this franchise back to prominence. In their recent game against the Phoenix Mercury, Bueckers rocked a pair of Nike Book 1 sneakers paying homage to another Phoenix star. Advertisement Check our Sneakers news for more upcoming releases and breaking content! Paige Bueckers signed to Nike back in 2023 as a part of her NIL deal while playing at UConn. She ultimately became the first college player to have her own PE colorway in the form of the Nike GT Hustle 3, a very promising sign that Nike intends to give both her and Fever guard Caitlin Clark their own upcoming signature models. Nevertheless, Bueckers still has all the perks of a Nike athlete and recently cashed-in on her deal by grabbing a pair of Devin Booker's signature Nike Book 1. Bueckers wore the Phoenix-themed colorway during a road game against the Mercury. Paige Bueckers rocks the Nike Book 1 'All-Star' The 'All-Star' colorway of the Nike Book 1 pays homage to the 1995 NBA All-Star game in Phoenix, known for the iconic uniforms designed for the East and West squads and still remain relevant today. Devin Booker wore the colorway as a player exclusive during the last NBA season, but Nike went ahead an released the shoes to the public just a few months later. It was one of many Phoenix-inspired colorways dropped as the Nike Book 1 continues to gain popularity. Advertisement Paige Bueckers finished the game with 11 points, three assists, and two rebounds during a 102-72 loss. The Dallas Wings still have a long way to go if they want to compete, but it's certain that Paige Bueckers will soon become the star they are hoping for. We could be in for her signature sneakers sooner than later as well. Related: Arts-Rec Nike SB Dunk Low release details Related: 76ers' Tyrese Maxey debuts New Balance signature sneaker pack
