The Latest
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Skechers sued by investor group over go-private deal
A lawsuit alleges the footwear giant violated federal securities law by failing to disclose important information to shareholders.
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Retrieved from Mizuno on June 03, 2025
Mizuno to phase out kangaroo leather
The company said it planned to gradually stop using the marsupial skin in its products but didn’t give a specific timeline.
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Saks Global rescues its holiday with $350M in new financing
Without the infusion, the luxury department store company would struggle to pay vendors ahead of the critical season, analysts say.
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Jonathan Anderson will lead fashion at Dior
The former Loewe creative director is the first designer to helm women’s, men’s and haute couture since house founder Christian Dior.
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StockX names new head of creative
Daniel De Jesus Krueger, who previously worked with LeBron James and the Nike Brand Studio, will be responsible for the resale platform’s creative vision.
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Gap Inc. braces for as much as $300M in tariff-related costs
As import levies threaten the apparel retailer’s momentum, including a potential $150 million hit to margins, executives said pricing won’t change.
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Adidas ‘does not own all stripes,’ Steve Madden says in lawsuit
The footwear brand is asking a federal judge to confirm that two of its sneaker designs don’t infringe on Adidas’ three-stripe trademark.
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Human rights abuse documented in global leather supply chain
A new report from the Fair Labor Association uncovered violations including child labor and discrimination.
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Victoria’s Secret shuts down website in response to security incident
Although stores are open, the company has also halted some in-store services as it works to fully restore operations.
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US court blocks Trump’s sweeping tariffs
The Court of International Trade said the president overstepped his authority, halting various duties. After an appeal, the ruling has been paused.
Updated May 29, 2025 -
Maria Grazia Chiuri exits Dior Women
The house’s first woman creative director showed her last collection for the label earlier this week.
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Consumers rate quality over politics: report
Shoppers care about a brand’s values but also look for consistent messaging, durability and affordability, according to Kearney Consumer Institute.
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Capri reports dismal fourth quarter
The proposed sale of Versace to Prada Group may help pay down debt, but steep losses at Michael Kors and soft sales at Jimmy Choo continued to drag down revenue.
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Shein infringes on EU consumer protection laws
The European Commission is asking the fast fashion giant to address potential issues, including fake discounts and pressure selling.
Updated May 28, 2025 -
Dr. Martens hires Nike vet as Americas president
Paul Zadoff is joining the footwear brand as it works to drive demand for its boots in the U.S.
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Nike to return to Amazon, raise prices
The sportswear giant will sell on the U.S. site after six years away. Meanwhile, prices are going up for many of its footwear products.
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Asics stops kangaroo skin usage, following Adidas
The Japan-based athleticwear company plans to end its use of k-leather by the end of 2025.
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Trump calls for 50% tariffs on EU
The duties are slated to take effect July 9 as the bloc and the U.S. reengage on trade talks, the president said.
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Ralph Lauren revenue exceeds expectations
The company posted sales growth in every region, with Europe up 12% and China up more than 20%.
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Recycled cotton fiber company opens facility in Central America
The plant is part of a joint venture between Recover and textile manufacturer Intradeco to boost recycled materials and nearshoring.
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Victoria’s Secret adopts poison pill to halt hostile takeover
The maneuver is in response to the “substantial accumulation” of shares by investment firm BBRC International, which just launched its own lingerie brand.
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Vans revenue tumbles more than 20% as transformation plan continues
VF said that excluding the skatewear brand’s results, the company would have seen revenue grow.
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Reju prepares to commercially expand its polyester recycling
The company expects to open its first large-scale plant and eventually plans to regenerate as many as 300 million articles per year.
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Urban Outfitters’ in-store experiential concept goes after Gen Z — first with Nike
The apparel retailer debuted the On Rotation concept as a way to fuel discovery shaped by the generation’s favorite brands.
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Adidas quietly exits the kangaroo skin trade
The athleticwear giant said it stopped buying leather made from the marsupials in 2024 and it will end production of products containing the material this year.