Retail

Nike’s online business is booming — ‘digital is here to stay,’ CEO says

Nike is proving during the pandemic that its big bets in digital are paying off, as consumers are turning to its website and app in record numbers to shop for sneakers and workout apparel.  For the past few years, the company...

NFL star DeAndre Hopkins beefs up investment portfolio with new BioSteel deal

DeAndre Hopkins #10 of the Arizona Cardinals attempts to avoid a tackle against Jimmy Moreland #20 of the Washington Football Team during the second quarter at State Farm Stadium on September 20, 2020 in Glendale, Arizona. Norm Hall |...

Coronavirus hit to fashion industry is ‘incredibly concerning,’ British Fashion Council Chairman says

British Fashion Council Chairman Stephanie Phair has told CNBC that the threat of job losses across the U.K. fashion industry in the wake of the coronavirus pandemic is "incredibly concerning." The coronavirus crisis has hit fashion demand hard, with several...

Scavenger hunts, treats dangling from a tree and Covid-19 maps: Candy makers get creative...

Barry Chin | The Boston Globe | Getty Images Americans will be donning a different kind of mask this Halloween. For some, knocking on doors and getting bags of candy from strangers may lose its appeal as people limit...

Coronavirus and luxury retail: Shopping for used Hermes, Cartier in Covid era

The RealReal exterior Soruce: CNBC No matter what it's called — resale, re-commerce, luxury consignment or pre-loved — the market for secondhand fashion was booming before the Covid-19 pandemic upended the lives, and financial security, of millions of people. All those...

Lowe’s, ‘Shark Tank’ star Daymond John team up to get products from diverse small...

As many small businesses face challenges during the coronavirus pandemic, Lowe's is giving them a shot to get their products on its store shelves and website. Lowe's CEO Marvin Ellison said Tuesday on CNBC's "Squawk on the Street" that the...

Rent the Runway overhauls subscription plan as pandemic reshapes business

The Rent The Runway store, an online subscription service for women to rent designer dress and accessory items, is seen in New York City, New York, U.S., September 12, 2019. Shannon Stapleton | Reuters Rent the Runway is overhauling its...

Daymond John says he hopes a million diverse small businesses apply to directly pitch...

"Shark Tank" investor Daymond John told CNBC on Tuesday that he believes his new effort with Lowe's to help diverse entrepreneurs can have widespread appeal — and a big impact.  "You can get a million applicants, hopefully. I want people to step up...

McDonald’s Travis Scott promotion is so popular, it’s causing Quarter Pounder shortages

Rapper Travis Scott with his signature McDonald's order Source: Jerritt Clark, courtesy of McDonald's Just eight days after McDonald's kicked off its collaboration with rapper Travis Scott, the fast-food giant is reporting some ingredient shortages tied to the promotion.  The meal...

UFC taps smart ring maker Oura Health as its official health-tracking partner for fighters...

Oura Health, the company behind the Oura smart ring that has helped athletes and users detect early symptoms of Covid-19, announced its newest partnership is with UFC Tuesday. In a multi-year deal, the mixed martial arts company has named...

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