Nike’s counterfeit legal dispute with StockX heats up

The athleticwear giant is asking for a partial summary judgment in its yearslong lawsuit against the resale marketplace.

Wolverine World Wide debuts global innovation hub in Boston

The company is building out its corporate workspaces as a way to attract talent and encourage creativity as it goes through a strategic transformation.

Luxury spending hits one of its worst years since the Great Recession

Flat growth and a lack of support from younger customers may mean the sector won’t recover until 2030, according to a new report from Bain.

H&M, McKinsey execs to lead the former Renewcell

Jonatan Janmark was named CEO of the company, now called Circulose, and Helena Helmersson was appointed chair of the board.

Kering appoints new CEOs at Saint Laurent, Balenciaga

The changes come amid plummeting revenue at the conglomerate and luxury sector challenges across the industry.

Ralph Lauren sources ‘single digit percentage’ of its products from China

The fashion brand's globally-diversified production footprint makes it well-positioned to mitigate potential tariff hikes, CEO Patrice Louvet said.

Asics continues to lead resale as holiday season approaches: report

Running shoes, retro silhouettes and upstart brands are giving stalwarts including Nike and Adidas a run for their money, according to online trading platform StockX.

S&P downgrades VF due to declining revenue at key brands

A report questioned the Vans owner’s competitive edge, adding that turnaround efforts could take a while.

‘Merry and bright’: How marketers are evolving for ambitious holiday shoppers

Amid record spending intentions by shoppers, holiday marketing campaigns reflect more diverse media mixes and experiments with artificial intelligence.

Lee launches collab with Alpha Industries

The eight-piece collection is designed to add a modern edge to classic styles from both brands.

Aeffe sees profit boost following sale of Moschino beauty

While revenue fell nearly 18% over the first nine months of 2024, the company expects an internal reorganization to have a positive effect moving forward.

Only 16% of global companies on track for 2050 net-zero goals: Accenture

“The fact that so few of the G2000 companies are on track to reach net-zero emissions is alarming,” the director of shareholder advocacy at Trillium Asset Management said.

Tapestry and Capri terminate merger agreement

After losing a lawsuit against the FTC, both companies agreed to cancel the deal, calling the legal process “uncertain and unlikely to be resolved.”

5 ways the election will impact fashion

Once a new administration is in place, policy shifts and legislative changes may have wide-ranging impacts on the industry, both at home and abroad.

Burberry plans a strategic shift as profits nosedive

The company’s H1 revenue fell 22%, but CEO Joshua Schulman said the brand was working to course correct and return to its original purpose.

Trump’s tariffs: How manufacturers can prepare

Frontloading commodity imports could be a temporary solution, but diversified sourcing will be critical long term, experts say.

Phillip Lim announces departure from eponymous label

The creative director and co-founder of 3.1 Phillip Lim is stepping down after almost 20 years, calling his tenure “an adventure of a lifetime.”

Shein will continue to face RICO charges in copyright infringement lawsuit

A federal judge denied the fast fashion giant’s request to dismiss racketeering claims.

Luxury customers optimistic and ready to shop for the 2024 holidays: report

A new report from Saks Luxury Pulse shows high-end consumers undaunted by the sector’s slump and willing to spend on themselves and others this year.

Steve Madden to slash China sourcing as tariff concerns escalate

The fashion brand is among several companies looking to limit their exposure to President-elect Donald Trump's promised tariff hikes.

Temu business practices infringe on EU consumer laws, according to a new probe

The fast fashion company was accused of pressure selling, offering fake discounts and forcing shoppers to interact with gamified tactics.

Fashion revenue will be sluggish but stable in 2025: report

Luxury will continue to lose ground as non-luxury fashion drives economic growth, while resale expansion and e-commerce challenges continue to impact the industry.

With latest investment, Vuori’s valuation hits $5.5B

An $825 million infusion led by General Atlantic and Stripes will fortify the athleisure brand’s already formidable challenge to market leader Lululemon.

Steve Madden continues to see boost from Almost Famous acquisition

The company’s wholesale division has benefited in the year since the deal, particularly in accessories and apparel.

Richemont struggles continue as first half operating profits fall 17%

Sharp declines in the company’s watch division were slightly offset by single-digit gains elsewhere, but losses in China continued to weigh on revenue.