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Lindsey Vonn's big crash is the moment millennial nostalgia hit its limit
Fortune· 2026-02-09 23:06
Lindsey Vonn’s latest Olympic run was supposed to be a final, defiant chapter in a career built on risk, pain, and comeback stories. Instead, her downhill crash in Milan‑Cortina has become a reminder that millennial nostalgia can sell a story, but reality can pan out differently.On Sunday, the 41‑year‑old rocketed out of the start gate for what was billed as her last Olympic downhill, skiing on a torn ACL in her left knee and a rebuilt right knee. Seconds later, she clipped a gate in midair, lost control, a ...
Carter's Wholesale Weakness: Temporary Reset or Structural Shift?
ZACKS· 2026-01-30 18:05
Core Insights - Carter's, Inc. (CRI) has faced a decline in net sales within its U.S. Wholesale segment during Q3 2025, primarily due to reduced demand for the Simple Joys brand on Amazon [1][9] - The company perceives the slowdown of Simple Joys as a structural shift rather than a temporary issue, prompting a strategic realignment with Amazon [2][9] - Management anticipates a low single-digit decline in wholesale sales for Q4 2025, although growth in other brands is expected to partially offset this decline [5][9] U.S. Wholesale Segment Performance - The U.S. Wholesale segment's decline is attributed to lower sales of the Simple Joys brand, which has been impacted by Amazon's new brand management strategy [1][2] - The company expects department stores to contribute less than 20% of total Wholesale channel sales in 2025, indicating a shift towards a more diversified wholesale mix [4] Strategic Adjustments - Under the revised strategy, core brands such as Carter's, OshKosh, Little Planet, and Otter Avenues are expected to gain more prominence [3] - The company plans to enhance collaboration with Amazon and share detailed growth initiatives moving forward [3] Financial Outlook - The Zacks Consensus Estimate indicates a significant year-over-year decline in earnings for CRI, with expected decreases of 44.4% for 2025 and 28.5% for 2026 [15] - CRI's shares have increased by 36.3% over the past six months, contrasting with a 17.7% decline in the industry [6]