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Yoga clothing market poised for strong growth

The global yoga clothing market is set to expand by an estimated 21.25 billion dollars between 2025 and 2029, according to a recent report by Technavio. With a projected annual growth rate of 7.7 percent, the sector is benefiting from an increasing demand for high-performance, technology-enhanced apparel. Consumer preferences in the yoga...

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Deckers Brands stock plunges 16 percent on conservative sales outlook

Deckers Brands stock fell 16 percent in extended trading hours since the company’s sales outlook did not meet investors' expectations following a strong set of results registered during the holiday quarter. According to data compiled by LSEG and reported by Reuters, the company’s net sales increase of 17.1 percent to 1.827 billion dollars beat...

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Boot Barn's Q3 results beat consensus, but outlook falls short

Despite recording a 16.9 percent increase in its third quarter net sales to 608.2 million dollars, lifestyle retailer Boot Barn’s shares tumbled 7.5 percent in after-hours trading since its guidance failed to meet analyst expectations. Boot Barn's outlook falls short of market expectations According to the Investing.com report, for the fiscal...

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Louis Vuitton embarks on decade-long partnership with Formula 1

The elite worlds of luxury and motorsport have just gotten closer, as Louis Vuitton announced a 10-year partnership with Formula 1. The collaboration, announced as part of LVMH’s broader alliance with Formula 1 unveiled in October 2024, places the French luxury house at the centre of the sport’s global spectacle, coinciding with the series’ 75th...

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