Business
At Close of Business podcast March 10 2026
Fabletics denim.
Courtesy: Fabletics
Athletic apparel maker Fabletics is launching its first denim collection, signaling the once hot athleisure category is starting to slow down, the company announced Tuesday.
The collection, launching online and in select stores on Thursday, will include 11 styles and seven washes across both women’s and men’s. Items will be priced between $79.95 and $174.95, depending on whether shoppers are members of Fabletics’ subscription program.
“We’ve had over a million of our customers tell us that if Fabletics offered denim, they’d be highly interested in it, and that’s really what got us started on our journey of expanding into the denim category,” Fabletics co-founder and CEO Adam Goldenberg told CNBC in an interview. “We do believe denim is on an upswing. We’ve seen that, you know, we started [looking into denim] over two years ago, so it’s the right time.”
Fabletics, which earned more than $1 billion in revenue last year, is expanding into denim as consumer preferences change. The “soft” type of dressing that became popular during the pandemic, featuring comfortable joggers, sports bras and hoodies, has fallen out of favor with some shoppers.
Instead, as hybrid work begins to fade, many consumers are choosing to dress back up again and are opting for denim over leggings as the casual staple that works both on the weekends and at the office.
Fabletics denim.
Courtesy: Fabletics
While the athleisure market is still expanding, that rate of growth has wobbled in North America, data from market intelligence company Euromonitor International show.
The sports apparel market is projected to grow 2.3% in North America in 2026 from 2025, down from 3.1% between 2023 and 2024. Meanwhile, the denim market is expected to grow 2.1% this year, up from 0.7% between 2023 and 2024.
Globally, the athleisure market grew 2% last year while the denim market grew 4%, according to separate figures from GlobalData.
“What we found coming out of the pandemic is like, comforts become king,” said Goldenberg. “So even now, as consumers are, I would say, dressing up more they’re still wanting to do it in a way that feels good and is more comfortable, right? And we heard that very loudly from our customers when we were developing denim.”
The U.S. has fallen in and out of love with denim for decades, which has plagued fashion and led major apparel companies like Levi Strauss, American Eagle and Gap to structure their businesses so they’re not as exposed to changing styles. Each company is a market leader in denim, but they also have their own athleisure brands, which shields them from shifts in fashion.
Changing trends have proven more difficult for niche players like Lululemon, which boomed during the pandemic and is now falling behind as denim reigns supreme again.
Lululemon has worked for several years to expand outside of its core yoga pant assortment into more lifestyle categories, including outerwear, T-shirts and made for work trousers, as fashion preferences shifted. The move has allowed Lululemon to increase its total addressable market, but some critics have said it’s alienated Lululemon’s core customers and contributed to a slowdown in growth in the retailer’s core Americas market.
Nike‘s former CEO John Donahoe grew the retailer into a roughly $50 billion brand by focusing on lifestyle and streetwear styles. While the strategy briefly led to growth, it ultimately contributed to a decline in market share because it distracted the company from its core, performance assortment. Now, Nike’s new CEO Elliott Hill is working to refocus the brand on sports to win back that core, athlete consumer.
Goldenberg disagreed that Lululemon’s challenges came from expanding into new categories and instead said Fabletics, along with up and coming private athleisure brands Alo Yoga and Vuori, are taking market share from incumbents. He also said Fabletics’ expansion isn’t coming at the expense of innovation in its core athleisure products, either.
“All these category expansions need to be ‘and’ and not ‘and or’ right?” said Goldenberg. “So we need to be doubling and tripling down on our innovation and activewear while we make sure that we’re launching denim in a way that, like, is truly the best product out there.”
He added that Fabletics has already proven it can successfully scale into new categories, which has helped the company get ahead of schedule two years into its five-year plan of doubling revenue and quadrupling profits. In 2020, it launched a men’s category, which is now more than a $300 million business, and its scrubs line, which has grown to $75 million in a little over two years.
Goldenberg said activewear is still Fabletics’ main priority, but category expansion will be critical in winning more sales from its current customers and acquiring new shoppers.
“I’ll give you scrubs as an example,” said Goldenberg. “We’re now bringing in thousands of new customers a month into the Fabletics family through them. First purchasing scrubs, but within 90 days, well over 50% of them have also purchased activewear.”
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The feature allows both women riders and drivers to be matched with other women for trips on the ride-sharing app.
Check out what’s clicking on FoxBusiness.com.
The Federal Aviation Administration (FAA) briefly grounded all JetBlue flights early Tuesday morning at the airline’s request, according to an advisory posted by the agency’s Air Traffic Control System Command Center.
The nationwide ground stop, which applied to all destinations and facilities, was in effect from 12:35 a.m. to 1:30 a.m. ET, the FAA advisory shows.
“Operations are normal after JetBlue asked the FAA to pause flights nationwide overnight because of an internal IT issue,” the FAA said in a statement.
JetBlue told FOX Business in a statement: “A brief system outage has been resolved and we have resumed operations.”
‘SECURITY-RELATED SITUATION’ GROUNDS FLIGHT TO VACATION HOT SPOT, PASSENGERS CONFINED FOR HOURS
JetBlue planes at LaGuardia Airport (LGA) in the Queens borough of New York on Dec. 26, 2025. (Michael Nagle/Bloomberg via Getty Images / Getty Images)
Ground stops temporarily prevent flights from departing while an issue is addressed, though aircraft already in the air are typically allowed to continue to their destinations.
The brief grounding comes as airlines have grappled with technology-related disruptions in recent years.
JETBLUE FLIGHT RETURNS TO NEWARK AFTER ENGINE FAILURE, SMOKE PROMPTS EVACUATION
A traveler in the JetBlue check-in area in Terminal E at Philadelphia International Airport (PHL) in Philadelphia on Oct. 24, 2025. (Ryan Collerd/Bloomberg via Getty Images / Getty Images)
In October, Alaska Airlines issued a systemwide ground stop for Alaska and Horizon Air flights after a failure at its primary data center triggered a significant IT outage, leading to hundreds of cancellations over two days and disrupting travel plans for tens of thousands of passengers.
The carrier later said it was bringing in outside technical experts to strengthen its systems and “diagnose our entire IT infrastructure to ensure we are as resilient as we need to be. ”
In June, American Airlines experienced a “technology issue” that disrupted operations and led to widespread delays.
SOUTHWEST FLIGHT DIVERTED AFTER PASSENGER SCARE AS SECURITY INCIDENTS RATTLE US AIRPORTS
A Delta Air Lines Boeing 737, JetBlue Airbus A321 and Turkish Airlines Airbus A350 taxi at Los Angeles International Airport on Jan. 2, 2025, in Los Angeles, California. (Kevin Carter/Getty / Getty Images)
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Some travelers reported lengthy wait times on the tarmac as the carrier worked to resolve the problem.
The airline said a connectivity issue had affected certain systems but that it worked with partners to restore the impacted applications and return operations to normal.
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California.
Kevin Carter | Getty Images News | Getty Images
Spirit Airlines is calling back all furloughed pilots after higher-than-expected attrition has strained its operation, according to a company memo, which was reviewed by CNBC.
The budget carrier said late last month that it plans to further cut its schedule and emerge from Chapter 11 bankruptcy in late spring or early summer. It was the airline’s second bankruptcy filing in less than a year.
Spirit Airlines furloughed hundreds of pilots in 2024 and 2025 to save millions of dollars and to match a smaller operation than the budget carrier used to operate. But pilots also chose to leave the airline, many for other carriers, leaving Spirit short on staffing.
“Pilot attrition has been higher than forecast, making precise alignment between staffing and the reduced schedule more challenging,” the airline told employees in a memo last week. “While these recalls won’t arrive in time to support the spring break—Easter period, they strengthen the foundation of our post-bankruptcy future.”
Spirit confirmed that on Monday, it sent notices to about 500 pilots who were involuntarily furloughed between Sept. 1, 2024, and Nov. 1, 2025, to call them back to work as “we continue to make adjustments to meet the evolving needs of our business.”
Last month, Spirit similarly said it would recall furloughed flight attendants.
Europe’s largest carmaker said post-tax profits had dropped to their lowest level since 2016.
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Looking to plan your holiday in Egypt? It’s like a journey through time, from ancient wonders to iconic landmarks.
When you choose Egypt tours, you’re not just travelling; you’re experiencing the culture, history, adventure, hospitality, and the amazing food, which means everything you’re looking for in your dream tour. Egypt offers you a dream-come-true experience: standing in front of the great Giza Pyramid or sailing across the Nile River feels like a magical adventure you’ve never imagined, blending culture with excitement in everything you do.
If you love serene beauty, want to experience culture, seek civilization, or explore a place filled with hospitality, offering you a smooth and unforgettable experience, then Egypt offers you a heritage-rich experience no other destination can match. In this blog, you will explore how to plan the perfect holiday tour with the help of a guide to make your Egypt tour safe, relaxing, and affordable.
Why Egypt Is a Top Holiday Destination
If you’re looking for a spot that offers you culture, history, and civilization, then choosing Egypt tour packages allows you to start your journey from ancient history to modern civilization. Experience the iconic landmarks and explore modern open-air museums, immersing yourself in a cultural journey, especially if you love history and want to experience everything you’ve only read about in books. From the architectural beauty of the pyramids to King Tutankhamun’s treasure, you’ll be amazed by the ancient world’s wonders that offer deep history and a civilization dating back 5,000 years, enough to attract visitors to explore Egypt as a favourite holiday destination.
Beyond the history, Egypt offers a lot, from vibrant cities and adventurous deserts to river cruises and coastal resorts. You can enjoy authentic food along with traditional kahwa, and you’ll find Egypt to be a great destination with friendly local hospitality that warmly welcomes you and helps you explore the country without the need for a guide. From the bustling urban life of Cairo to the peaceful serenity of Aswan with the Nile River, Egypt is one of the best places to spend your holidays.
What is the best time to visit Egypt?
Choosing the best time always helps you make your trip enjoyable, especially when you select Egypt as your destination, since it’s a popular tourist spot that tends to be crowded. Therefore, you need to plan the timing carefully, especially according to the season. Since Egypt is a desert land, the weather is very hot in summer. Picking a time between October and April is ideal for experiencing Egypt, from outdoor attractions to visiting temples and archaeological sites. These months are the best options without experiencing extreme heat.
However, coastal destinations to Red Sea resorts allow you to enjoy your Egypt tour from June to August with coral reefs and water activities like scuba diving. You can also enjoy your Egypt tour in summer, but in a cooler season, you can easily explore the coast, visit historical sites, and go on desert adventures.
Selection of the Right Tour Package
To plan a stress-free holiday, you need to select the right tour package with Memphis Tour. You will find multiple options to choose from based on your interests and budget for the trip duration, including location preferences, guides versus independent tours, and what you want to explore. Everything depends on choosing the right tour package.
- Trip duration (7-10 days) must include experiencing adventure, visiting historic landmarks, and enjoying the serene beauty of the River Nile.
- Destinations (Cairo, Aswan, Luxor, and the Valley of the Kings) should be added to your tour package to experience real Egyptian culture and history.
- Guided vs Independent: If you are a first-time visitor, then choose a guided tour; it’s a little bit more costly, but you’ll experience Egypt more deeply, compared to an independent tour, which is more affordable.
Must-Visit Attractions in Egypt
Before planning your trip, you must gather information about the places that should never be skipped, such as the Pyramids of Giza, Luxor Opera Museum, Aswan Nile cruise, desert safari, and the Red Sea, along with the Coral Reef experience. These must be added to your visiting list, whether you’re a first-time traveller or a seasonal visitor.
The Pyramids of Giza
The Great Pyramid of Giza is the most famous landmark, and without visiting, you can’t assume your Egyptian journey is complete. It was built 4500 years ago and remains a remarkable architectural achievement in human history. Visiting offers a unique experience, as you can appreciate its architecture, which is considered a significant accomplishment in history. Also, you can see the Sphinx, a statue with a man’s face and a lion’s body, which adds to the site’s mystery and beauty. A camel ride across the desert makes the visit even more memorable. The pyramid is one of the most famous landmarks in Egypt and continues to attract visitors from all over the world.
Luxor
Luxor is familiar with the world’s largest open-air museum, featuring attractions like Karnak Temple, Luxor Temple, and the Valley of the Kings. If you visit Egypt, Luxor must be added to your list of places to see.
Aswan
Experience relaxation and serene beauty in Aswan with a Nile cruise and a felucca boat ride. Offer yourself an unbeatable experience that makes your tour enjoyable and adventurous at the same time. It provides you with a temple visit and the Nubian village experience.
If you’re looking to experience adventure, visiting the desert will make your tour full of excitement. Experience the Nile River, a camel ride, a 4×4 quad bike ride, and a night in the desert with Bedouin camps under the stars. Camel riding reveals a lot in Egypt. Visiting the White Desert offers a unique stone experience with different animals’ shapes and formations. You also enjoy a hot air balloon ride in Luxor above the temples and the Red Sea coral reefs with 200+ species, offering an unbeatable experience.
Travel Advice on Visiting the US as a First-Time Visitor.
These are some tips that may help you on the road before beginning your Egyptian adventure:
- Make early reservations at least in the major travel seasons.
- Bring a little money to the market for minor purchases.
- Adhere to local customs and traditions, particularly in religious places.
- Always be hydrated when visiting outdoor attractions.
- Hire professional tour guides to guide you through the historic sites.
These few tips can help to make your travelling experience easier and more pleasant.
Final Words
Finally, this guide helps you plan your holiday tour to Egypt. Egypt is a country of unforgettable experiences, starting with the Great Pyramid of Giza and the tranquillity of the Nile River. From history to culture, visit places like Cairo, Luxor, and Aswan. Whether you’re a history lover, an adventure seeker, or simply looking for a unique vacation spot, Egypt is a place where you will remember things forever. Now that you have this pocket guide, you’re all set to organize your ideal tour in Egypt and enjoy an amazing experience in one of the oldest civilizations ever witnessed in the world.
Australia’s share market has pared some early gains, after US government indications the Iran war might end soon couldn’t sustain buying in the afternoon.
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