apparel

A Peloton Interactive Inc. logo on a stationary bike at the company's showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021.Adam Glanzman | Bloomberg | Getty ImagesPeloton has struck a partnership with Amazon in a bid to broaden its customer base and win back investors' confidence, as revenue growth slows from pandemic highs and its stock price plunges.In its first foray outside of its core direct-to-consumer business, Peloton starting Wednesday will be hawking a selection of its connected-fitness equipment…

Kanye West is shutting down critics who shamed him for selling his new Yeezy apparel in large sacks that some likened to garbage bags.In a Thursday interview with Fox News, the rapper dismissed his haters and explained that his latest collaboration with the clothing store Gap is part of his mission to make fashion more egalitarian and accessible. He also clarified that the clothes are being displayed in construction bags, not trash bags.“Look, man, I’m an innovator,” West told Fox News correspondent Eric Shawn outside a…

A selection of men's clothes packaged by Trunk Club, which was shuttered earlier this year after Nordstrom bought the personal styling service in 2014.Source: Trunk ClubAfter earning a master's degree a decade ago, David Hill wanted to amp up his personal style and signed up for the Trunk Club, which promised to mail him boxes of clothing tailored to his tastes as often as he liked.Hill would visit the company's Chicago showroom to meet with a stylist and pick outfits he could wear to the office or for special occasions.…

Georgia Bulldogs NCAA partners with NikeCourtesy: FanaticsSports commerce platform Fanatics is entering into a long-term partnership with Nike to manufacture college sports fan apparel.The partnership will involve collaboration with the Fanatics College division, which already partners with most of the Nike-sponsored colleges and universities. Manufacturing is set to begin in summer 2024, according to sources familiar with the matter.Fanatics provided CNBC with a statement from Fanatics Commerce CEO Doug Mack saying that…

A customer shops for shirts at an American Eagle Outfitters store in San Francisco.David Paul Morris | Bloomberg | Getty ImagesExcess inventory has racked up in many retailers' warehouses and stores. But shoppers are still paying more as they refresh the closet.Apparel prices rose 0.8% in June compared to May, and 5.2% year over year, according to the Bureau of Labor Statistics' consumer price index Wednesday. Overall, the inflation gauge, which includes everyday items such as food and gas, rose a higher-than-expected…

Scoop is one of Walmart's exclusive fashion brands. It has also struck deals with national brands like BCBG Paris.Melissa Repko | CNBCSPRINGDALE, Arkansas — Dressed-up mannequins. Eye-catching displays of sleek furniture and colorful swimsuits. And store signs that promote exclusive brands and nationally recognized ones.Walmart's redesigned SuperCenter, located just 16 miles from its Northwest Arkansas headquarters, reflects the retailer's ambitions to get more customers to turn to its stores and website to fill their…