Latest news with #T-shirt
CNBC
14 hours ago
- Business
- CNBC
Stocks making the biggest moves midday: Hanesbrands, Mercury Systems, Sonos, Intel & more
Check out the companies making the biggest moves midday: AST SpaceMobile — The satellite company soared 11% after it said that it's planning to execute 45 to 60 satellite launches by 2026, with at least five orbital launches anticipated by the end of the first quarter next year. Mercury Systems — The defense contractor surged more than 24% after it reported fiscal fourth-quarter results that beat analyst expectations. Mercury earned 47 cents per share, excluding certain items, on revenue of $273.1 million. Analysts polled by FactSet expected a profit of 22 cents per share on revenue of $244 million. Hillenbrand — Shares of the industrial company jumped 15% on the back of better-than-expected results for the fiscal third quarter. The company earned 51 cents per share on revenue of $598.9 million. Analysts expected earnings of 50 cents per share on revenue of $572.4 million. The company also raised the lower end of its full-year earnings guidance. Sonos — A regulatory filing Monday evening revealed that Thomas Conrad, CEO of the audio equipment manufacturer, bought 92,300 shares Friday, prompting the stock to jump more than 12%. Cardinal Health — The health care services company dropped more than 6% on mixed quarterly figures. For the fiscal fourth quarter, the company reported earnings that beat analyst expectations, while revenue fell short of estimates. Hanesbrands , Gildan Activewear — The T-shirt maker surged more than 25% after the Financial Times reported , citing people familiar with the matter, that Hanesbrands was nearing a deal to be acquired by Gildan for nearly $5 billion. Gildan shares slid 5%. Sinclair — Shares soared more than 16% after Sinclair, one of the largest owners of television stations, started a strategic review of its business that could result in a merger or spinoff of its Ventures business. On Holding AG — U.S. shares of the Swiss sportswear company rallied 8% on reported second-quarter revenue of 749 Swiss francs, exceeding the expectation for 705 million francs from analysts polled by LSEG. The company also hiked its full-year revenue guidance. Celanese — The chemical manufacturer tanked 11% after the company's CEO said demand remains weak and uncertain, overshadowing a second-quarter earnings beat. — The IT service management company plunged more than 23% after disappointing second-quarter results. lost 71 cents per share, more than a loss of 6 cents per share estimated by analysts polled by FactSet. Revenue of $32.5 million trailed the Street's $40.6 million forecast. Circle Internet Group — The stablecoin issuer reported strong revenue growth in its first quarterly earnings as a publicly traded company. The stock rose more than 4%. Intel — President Donald Trump called CEO Lip-Bu Tan a "success" days after demanding his resignation. Intel shares rose 3%. The semiconductor maker has been in Trump's crosshairs, who has gone back and forth in his approach to the CEO. — CNBC's Sean Conlon, Sarah Min, Alex Harring and Yun Li contributed to this report.
Evening Standard
6 days ago
- Entertainment
- Evening Standard
How to dress like the 1% for summer 2025: style notes from Kate Moss, Dua Lipa (and Elizabeth Taylor)
Do: Opt for IYKYK (if you know, you know) labels that the high-society Ibiza set will compliment you on, rather than double down on gauche luxury ones. The best place to start for that is the Annie's Ibiza Old Town boutique, founded by Annie Doble in 2018. It plays host to the hottest designs beloved by Kate Moss, Margot Robbie, Cara Delevingne, Sienna Miller (name an It girl, they likely love Annie's). Last week she hosted a summer party with Conner Ives, the London-based American designer behind the booming 'Protect The Dolls' T-shirt (£75, and party piano shawl halter mini dresses (£1,595, The pair welcomed Lady Lola Bute, Lila Moss and Liv Banks who proved naked, vintage chainmail dresses (Moss, pictured, wears 1920s Egyptian Black Diamond Mini Dress, £4,500, and tousled blonde locks are still on trend on the party island, despite falling out of favour on the red carpet circuit. Also look for Bute and half-sister Jazzy De Lisser's label Debute, De La Vali and Clio Peppiatt dresses in store if you want to turn heads during sundown at Jondal (followed by a late night at Amnesia).
News18
02-08-2025
- News18
Gurugram: Married man killed by live-in partner for talking to wife
Last Updated: Gurugram, Aug 2 (PTI) A 40-year-old scrap dealer was stabbed to death by his live-in partner in the DLF Phase 3 area here early Saturday after an argument over him talking to his wife, police said. Harish Sharma, a resident of Baliawas village in Gurugram, had been in a live-in relationship with the 27-year-old accused, Yashmeet Kaur, for more than a year. They lived in a rented flat. Sharma was married and had two daughters who lived with his wife in the village. His wife was not keeping well for some time, and Sharma would often talk to her, which infuriated Kaur, police said. On Saturday night, Kaur walked in on Sharma conversing with his wife, and the couple had a heated argument. In a fit of rage, Kaur stabbed Sharma in the chest with a kitchen knife. He was taken to a hospital but was declared dead on arrival. A friend of the deceased, Vijay alias Sethi, who was reportedly present in another room, is also under the scanner. The victim's nephew has alleged in his complaint that both Kaur and Vijay planned the murder. Kaur, a resident of Delhi's Ashok Nagar, has been arrested and confessed to the crime, police said, adding that the murder weapon and a blood-stained T-shirt were seized from the flat. PTI COR RHL (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: August 02, 2025, 23:30 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Miami Herald
20-07-2025
- Business
- Miami Herald
Marshall's, T.J. Maxx CEO shares key news for #MarshallFinds fans
Marshalls and T.J. Maxx have semi-cult followings. The companies more or less created the treasure hunt model which drives customers to stores even when they don't need something. My wife and son will go to Marshalls simply to see if the local store has a good deal on a designer brand. They might go there with an idea in mind, like "I need a few more nice shirts," or "I could use a new dress for that event in a few months," but mostly they go as entertainment. Related: Is the United States economy bad right now? Invariably, even when they don't need something my son finds some Polo socks or a T-shirt from a brand too trendy for me to know of its existence. That's not unique to how my family shops at Marshalls, it's essentially the business model for all the brands under the TJX banner. Get people into its stores by offering an ever-changing selection of amazing deals. Don't miss the move: Subscribe to TheStreet's free daily newsletter It's a business model that has spawned a lot of knockoffs, none of which has quite captured the magic of the two TJX Companies (TJX) sister sister companies. Marshalls and T.J. Maxx drive foot traffic which seems to results in that invariably leads to sales even when people had no plans to buy anything. That has led to the #MarhsallsFinds hashtag where people share what they bough at what prices. Of course, for that to work, the company needs access to inventory. T.J. Maxx and Marshalls buy retail inventory other retailers can't sell. Sometimes that means getting high-end brands at discount prices when the original manufacturer makes too much or misjudges demand. The original seller would hurt sales of new merchandise if it offered massive sales right next to those items. Instead, those items get bought by TJX which generally can't advertise the brands it has (hence the viral hashtag. Struggling retailers and even whole chains going out of business creates opportunities for Marshalls and T.J. Maxx. That might mean buying lots from a chain that has closed or taking on an order a manufacturer might have otherwise been stuck with. TJX CEO Ernie Herrman is bullish about his company's positioning. "I'd like to start with a few comments on the current environment and the reasons for our continued confidence in our business. We have a very long track record of successfully navigating through many types of challenging economic and retail markets," he shared during the company's first-quarter earnings call. More Retail: Walmart CEO sounds alarm on a big problem for customersTarget makes a change that might scare Walmart, CostcoTop investor takes firm stance on troubled retail brandWalmart and Costco making major change affecting all customers He believes that adversity has actually been a positive for the various TJX brands (which also includes HomeGoods). "Each time, we've emerged as an even stronger company with greater market share opportunities. We have a very experienced leadership team that has worked together for multiple decades. While we're not immune to tariff pressure, we are laser focused on our initiatives to offset them by remaining flexible and executing our opportunistic buying approach," he shared. Herrman explained why he thinks his brands are well-positioned. "First is the value proposition we offer to our customers. For us, value is a combination of brand, fashion, quality and price. Our customer surveys tell us that we have an excellent reputation as a value leader in each of our geographies," he said. He also believes that the current market should deliver customers to his stores. "As a trusted value retailer, we have historically attracted new shoppers to our stores in many different types of environments. Therefore, we are convinced that we will have an opportunity to gain market share if more consumers seek out value in the current environment," he added. Herrman also believes that TJX has a structural advantage over its rivals. "Our team of over 1,300 buyers source goods from an ever changing universe of over 21,000 vendors from more than 100 countries around the world. We have a global buying infrastructure and supply chain that has been in place for multiple decades," he added. Related: Chapter 11 bankruptcy, financial woes drag down 3 whiskey brands CFO John Klinger also gave some color on inventory and market opportunities. "Moving to inventory. Balance sheet inventory was up 15% and inventory on a per store basis was up 7% versus last year. We feel great about our inventory levels and have been taking advantage of the excellent deals we have been seeing in the marketplace. Availability of merchandise remains outstanding and we are set up very well to continue to flow fresh assortments to our stores and online," he shared. The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Fibre2Fashion
14-07-2025
- Business
- Fibre2Fashion
US footwear industry urges tariff relief ahead of school season
As reciprocal trade deals near finalisation, footwear industry leaders led by the Footwear Distributors and Retailers of America (FDRA), are calling on Ambassador Greer to ensure new tariffs are not added on top of already steep footwear duties. As trade deals near finalisation, the FDRA urges Ambassador Greer not to stack new tariffs on already high footwear duties, which hit working-class families hardest. With children's shoes already taxed up to 48 per cent, the industry said that added tariffsâ€'like the 20 per cent on Vietnamese goodsâ€'could worsen inflation and threaten footwear jobs. The industry stressed that current tariff rates—averaging 12 per cent and reaching as high as 48 per cent for children ' s shoes — already burden working-class US families disproportionately. With President Trump recently confirming a new 20 per cent tariff on Vietnamese-made goods, industry representatives argue that this effectively doubles the cost for many footwear imports already taxed at that level. Children ' s shoes, they emphasise, are rarely produced in the US and are essential for education, sports, and child health — especially ahead of the back-to-school shopping rush. The letter, which follows an earlier appeal to President Trump in May, supports his stance that tariffs should not aim to revive domestic sneaker or T-shirt production. Signatories also highlighted the sector's limited strategic relevance to national security and pointed out that footwear companies are already set to pay over $5 billion in duties this year alone. Industry groups are urging the administration to exempt footwear from additional reciprocal tariffs or provide credits against current Most Favoured Nation (MFN) rates. Without action, they said, consumers could face rising prices and job losses across the footwear supply chain. Fibre2Fashion News Desk (HU)
