The Latest
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Courtesy of Recover
Sustainable materials company to open new production center in Vietnam
Recover’s latest facility, coming in 2025, will have the capacity to produce 10,000 metric tons of its recycled cotton and polyester material.
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Joe Raedle via Getty Images
Trump threatens 100% tariffs on BRICS countries
The president-elect vowed to levy the duties if the contingent tries to replace the U.S. dollar’s role in international trade.
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Carl Court via Getty Images
Environmental scorecard improves for viscose, rayon manufacturers
More than half of the global producers of manmade cellulosic fiber achieved positive marks from Canopy, but the nonprofit group said there’s still work to be done.
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Jamie McCarthy via Getty Images
Joseph Altuzarra to become CEO of his namesake company
The founder and creative director will take on the role at the beginning of 2025, succeeding Shira Sue Carmi, who will take a seat on the company’s board.
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Screenshot: The Or Foundation
Upcycled clothing, accessories collection launches on Vestiaire Collective
The project, supported by the Or Foundation, includes pieces made by 11 Ghanaian designers and sourced from Accra’s Kantamanto Market.
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Justin Sullivan/Getty Images via Getty Images
DEI failures contributed to a drop in stock prices, Lululemon shareholder alleges
Lululemon’s DEI initiative was “misguided” and its structure raised ethical concerns, the shareholder said in a derivative action lawsuit filed on behalf of the company.
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Informa TechTarget
Note from the Editor-in-Chief
A change in ownership and what it means for our readers.
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Lee steps into footwear through new licensing deal
A new collection of men’s shoes will launch in the second half of 2025 through an agreement with Jack Schwartz Shoes.
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Courtesy of Zara
Zara launches collection co-designed by Kate Moss
The collaboration features multiple day and evening looks inspired by the model’s fashion archives.
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Courtesy of Abercrombie & Fitch
Abercrombie & Fitch Co. taps new CFO as sales surge 14%
The Abercrombie and Hollister brands both saw strong double-digit growth in the third quarter, despite weather disruptions.
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Michael M. Santiago via Getty Images
Capri shuffles leadership at Michael Kors
Chairman John Idol takes over the CEO spot from Cedric Wilmotte, who is leaving the organization as part of a cost-cutting initiative.
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Chip Somodevilla via Getty Images
Trump calls for 25% tariffs on imports from Canada and Mexico
The president-elect also called for additional 10% tariffs on imports from China as part of his day one White House plans.
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JP Yim via Getty Images
Thom Browne prevails in Adidas stripe legal dispute
A federal judge in the U.K. rejected the activewear giant’s claims and decided that the average consumer can tell the difference between the designs.
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Courtesy of Wolverine World Wide
Wolverine names Under Armour, Designer Brands vet as chief product officer
Mike Maloney will lead product development, merchandise strategy and market expansion for the company’s Work Group.
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Jon Cherry via Getty Images
Luxury shoppers will look for deals this holiday season: report
While many high-end customers say their disposable income is the same or improved from last year, almost a quarter still plan to use coupons to “shop strategically and save money.”
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Daphne Howland/Fashion Dive
Vuori doesn’t need money. Investors keep knocking anyway.
A recent $825 million fundraise from General Atlantic and Stripes tipped the brand into the $5 billion valuation range. Investor Jon Kossow says the company still doesn’t need the cash to fund its own operations.
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Courtesy of Shein
Shein facility receives certification for zero-waste, landfill management
The accreditation helps with the fast fashion company’s strategy to show it is implementing new recycling initiatives.
Updated Nov. 26, 2024 -
Courtesy of Cinq à Sept
Cinq à Sept launches footwear collection
The contemporary lifestyle brand will offer 12 styles including sling-backs, heels and ballerina pumps at its online and New York flagship store and at retailers worldwide.
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Courtesy of Gap Inc.
As Gap Inc. makes progress in Q3, all eyes are on the CEO
Richard Dickson has caught investors’ attention with a string of improvements across the portfolio since his arrival last year from Mattel.
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Vittorio Zunino Celotto via Getty Images
VF to lay off 242 employees at Virginia distribution center
The facility’s closure, announced earlier this year, comes as the company faces declining earnings and a recent S&P downgrade.
Updated Nov. 22, 2024 -
Luke Dray via Getty Images
AAFA calls on ILA and USMX to avoid strike, resume negotiations
The trade organization also asked the Biden Administration to expand its efforts in protecting international shipping lanes in the Red Sea from attacks.
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Crocs taps legendary shoe designer to lead creative innovation
Starting in December, Steven Smith will join the company to design in house for the Crocs and Heydude brands.
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Ben A. Pruchnie via Getty Images
Mulberry to adjust prices as it seeks revenue turnaround
After rejecting multiple bids from Frasers, the luxury company is looking to streamline its internal structure and rethink product strategies.
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Courtesy of Faircraft
Lab-grown leather firm Faircraft raises $16M
The startup says it’s already working with major luxury brands and will use the investment to expand its science team and production capabilities.
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Jeenah Moon / Stringer via Getty Images
Brick-and-mortar holiday shopping still reigns, but customers look online for ideas
While online shopping aids with discovery, the ability to experience a product drives customers to stores, EY-Parthenon found.
