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G-III signs license agreement for G.H. Bass
The seven-year exclusive agreement with Aldo Product Services will include footwear, bags and small leather goods, as well as retail services in North America.
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EU delays US tariff countermeasures by 90 days
The move comes in response to President Donald Trump’s pause of reciprocal tariffs against the bloc and most other trading partners.
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Prada to buy Versace for $1.4B
The deal frees up owner Capri Holdings to rebuild its Michael Kors and Jimmy Choo brands following a failed merger with Tapestry.
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Lyst sells for $154M
Japan-based Zozo will buy the company as part of its strategy to expand globally.
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Retrieved from Refiberd on April 10, 2025
EBay awards funding to recycling tech firm
Refiberd, which uses artificial intelligence to sort fabric, was named Circular Fashion Innovator of the Year and given $300,000 to scale its business.
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Trump pauses most reciprocal tariffs, hikes China’s further
The U.S. will now charge a 125% duty on imports from China, while most other countries will be subject to a 10% rate for 90 days.
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Puma names new North America president
Tara McRae, formerly the company’s senior vice president of brand and strategy, will succeed Bob Philion, effective immediately.
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Recycled textile pulp facility opens in China
Yibin Grace expects to produce 1,500 tonnes of the material each year, which it says can be used to make man-made cellulosic fiber products.
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Under Armour, Unless partner on plant-based sportswear collection
The regenerative sportswear collection is “designed to decompose rather than pollute,” according to Under Armour Brand President Eric Liedtke.
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Palace collabs with Dr. Martens
The collection features three versions of the 1461 Oxford shoe styled with a bottle cap lace charm and special-edition heel loop.
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VF names chief operating officer as transformation plan continues
Abhishek Dalmia’s promotion is one of several executive changes at the Vans and Timberland owner since CEO Bracken Darrell took over in 2023.
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Trump threatens 50% tariff on China if retaliatory duties stay
The president said China, which vowed to fight the action, has until Tuesday to back off from its plan for 34% tariffs on U.S. imports.
Updated April 8, 2025 -
LVMH names 3 new CEOs
The luxury firm shuffled its leadership team, appointing top executives at Fendi, Kenzo and Louis Vuitton.
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Guess to close underperforming stores in North America
The company’s Rag & Bone acquisition is driving revenue increases, but profits plunged in the holiday quarter.
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De minimis shipping from China ending in May, other countries at risk
The White House plans to nix the exemption for other countries once systems are in place to collect duty revenue, with few exceptions.
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Kate Spade releases Target collaboration
The extensive collection from the Tapestry-owned brand drops in April and features more than 300 fashion and lifestyle products.
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Deep Dive
Fashion industry reacts to sweeping tariff changes
Experts say the new policies are likely to raise prices and weaken consumer confidence, and are unlikely to bring U.S. manufacturing back.
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Gap launches GapStudio collection
The line debuts with a 51-piece womenswear capsule designed by creative director Zac Posen, and includes two new colors of a poplin shirtdress that sold out last year.
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House GOP asks SEC to rescind ESG disclosures, names rules
The rules to combat greenwashing were included among a list of rescissions of Biden-era policies the House Financial Services Committee requested.
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Deep Dive
The White Lotus and escapism’s enduring allure
The excesses of resort living are on trend, at least according to the fashion world’s new favorite television series.
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Capri CFO exits
Thomas Edwards, who heads to Macy’s, leaves at a financially challenging time for the Michael Kors, Versace and Jimmy Choo parent company.
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GU and Rokh to release second collaboration
The Uniqlo sister brand’s newest collection with the London-based label will introduce menswear to the line, which drops on April 4.
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"Exterior view of historic Neiman Marcus flagship store in Dallas, Texas as seen from Commerce Street." by Dfwcre8tive is licensed under CC BY 3.0
Neiman Marcus in downtown Dallas to stay open through the holidays
Parent company Saks Global, in concert with the city, is evaluating alternate plans for the location as a potential art, fashion or entertainment destination.
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Dr. Martens releases limited-edition 1460 boot
The style is a commemoration of the brand’s 65th anniversary, which comes as the company navigates executive shifts and weak earnings.
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PVH beats guidance but continues to struggle
Fourth quarter revenue was down at both Calvin Klein and Tommy Hilfiger, and the company projected a potential for further declines in the first quarter of 2025.