The Latest
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Deep Dive
Election 2024: Harris, Trump present ‘diametrically opposed’ impacts on ESG
Morningstar Indexes' head of strategy said the election could have differing impacts on issues advocated by ESG investors, depending on which candidate is elected.
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Kontoor Brands sees quarterly revenue grow for the first time since last year
The Wrangler and Lee parent company expects gains to continue in Q4, which leadership attributed to a transformation initiative.
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Gildan gains market share in printwear, but still sees decline in underwear sales
The company reported record revenue for Q3 as it continues its growth strategy.
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The Children’s Place launches storefront on Shein
The deal allows the retail company to distribute its products through the fast fashion giant’s platform and diversify its omnichannel strategy.
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Adidas reaches settlement with Ye as Yeezy inventory dwindles
The brand says it has momentum, though some analysts wonder what will follow the current hype around its legacy Terrace styles.
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Columbia wants to attract ‘younger and more active consumers’ with new strategy
The company announced a plan to grow its namesake brand during its Q3 earnings report, in which it saw a 5% net sales decrease.
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Draper James hires Michael Kors veteran as CEO
New CEO Jeannie Yoo also stepped into an advisory role with Consortium Brand Partners, which took a majority stake in the brand a year ago.
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Reebok and Beams collaborate on new sneaker
An updated version of the Instapump Fury design is Y2K-inspired and features elements from both brands.
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Prada Group revenue challenges luxury slowdown narrative
Overall group retail sales were up 15% for the first nine months, and the Miu Miu brand was up 97% for the period.
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Goodwill, Reju partner on textile recycling project in North America
The textile-to-textile regeneration company, which recently opened a production plant in Germany, is looking to build one in the U.S.
Updated Oct. 30, 2024 -
Denim meets decarbonization: Levi’s unveils first climate transition plan
The denim manufacturer has committed to achieving net-zero emissions by 2050 and reducing scope 3 emissions 42% by 2030.
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Esprit US subsidiaries file for bankruptcy
The Chapter 7 notices come in the wake of more than a dozen similar filings from Esprit Holdings subsidiaries around the world.
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VF saw revenue decline at each of its brands, but shares soar after earnings
The Vans owner has been undergoing a turnaround effort over the last year, and its CEO said its beginning to see results.
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Gap releases ‘Wicked’ capsule collection
The 20-piece collaboration includes green, pink and black colorways inspired by the movie’s theme.
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L.L. Bean launches collab with Noah Kahan
The eight-piece capsule is meant to celebrate the shared New England roots of both the brand and the musician.
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The RealReal CEO out after less than 2 years
Rati Sahi Levesque, who helped found the company in 2011, has replaced John Koryl, who arrived in February last year and has now left the company.
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H&M releases selections from previous designer collaborations
Items from partnerships with Karl Lagerfeld, Mugler, Moschino and others will be available through the store’s pre-owned initiative.
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Tapestry and Capri merger blocked in win for FTC
The owners of Coach and Michael Kors plan to appeal the decision, but experts say it’s unlikely the deal will go through.
Updated Oct. 25, 2024 -
Consumer demand, star ambassadors key to Skechers ‘record’ Q3 growth of $2.4B
The footwear company is trying to sustain its momentum by pushing deeper into its product offering for team-based sports.
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Hermès contradicts luxury sector downturn with double-digit revenue growth
Strong performance in the leather goods division led to Q3 upticks in every region, despite a slowdown in parts of Asia.
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Kering projects a 47% operating income drop in 2024
Declines at Gucci and Yves Saint Laurent in the third quarter were offset slightly by an uptick at Bottega Veneta, but the company’s overall downward trend persisted.
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Shein launches its first credit card
The fast fashion giant is partnering with Mexico-based fintech company Stori to introduce the card, which is supported by Mastercard.
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Miu Miu is the world’s hottest brand again, although luxury’s power is slipping: report
The Q3 Lyst Index revealed a new roster of contemporary and premium brands vying for a place in high-end closets.
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Zara launches repair, resale and donation services in the US
The Inditex-owned company is positioning the program as a step toward its goal of achieving carbon neutral emissions by 2040.
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Victoria’s Secret Fashion Show promised equity, provided entertainment
After a six-year hiatus, the live event returned with new models, runway veterans and plenty of confetti.