Canada and Mexico tariffs will take effect March 4, Trump confirms

The president will also impose an additional 10% import tax on China next week and hinted at plans to soon levy 25% duties on the European Union.

Biomaterials firm launches DTC mycelium leather

MycoWorks is selling its Reishi material in sample kits and by the sheet.

Jil Sander creative director team exits

Lucie and Luke Meier, who have been with the OTB-owned luxury label since 2017, announced their departure following their fall-winter 2025 runway show.

Wrangler releases collab with burger chain

A 33-piece apparel and accessories line in partnership with Texas-based Whataburger is designed to blend the Western flavors of both brands.

Neiman Marcus deal triggers another round of layoffs at Saks Global

The company in July also downsized operations in anticipation of the $2.7 billion acquisition, which closed at the end of last year.

Steve Madden is ‘cautious’ in the near term due to tariff hikes

Despite the potential impact, the company still expects revenue to grow in 2025, including the results of the newly acquired Kurt Geiger brand.

Authentic signs license agreement for Quiksilver

Velocity, which also makes Lucky workwear, will be responsible for reviving the boardsports brand’s womenswear line in the U.S. and Canada.

Fabletics targets demand planning, inventory management

The apparel company will build a forecasting model using Blue Yonder’s supply chain planning solutions.

Kontoor Brands expects revenue growth in 2025, but shares slip

The Wrangler and Lee parent company’s outlook doesn’t include the projected impact of the newly acquired Helly Hansen brand.

Biomaterials firm Gozen increases production with new factory, product range

The company’s Lunaform nanocellulose leather alternative was used by Balenciaga and will now be produced at scale.

Saks Global’s vendor trouble hints at financial vulnerability

Revenue targets depend on mending relationships with suppliers, analysts say. A memo from CEO Marc Metrick may have made things worse.

Generational differences govern online fashion shopping behavior: report

Older customers prioritized discounts and younger shoppers said they were especially motivated by products that offered high quality, according to a new report from Wunderkind.

Why next-gen vegan fashion is farming’s unlikely ally

The alternative materials market offers untapped advantages for agricultural producers, writes Stephanie Downs, co-founder and CEO of Uncaged Innovations.

J.C. Penney, Eddie Bauer operator lays off 5% of corporate staff

About 250 people at Catalyst Brands, which also runs Aéropostale, Brooks Brothers, Nautica and Lucky Brand, were let go.

Victoria’s Secret launches collaboration with Altuzarra as it steps into ready-to-wear

The first drop of the line, which will include multiple collections throughout the year, focuses on wardrobe staples with a twist.

Wolverine expects bounce-back year in 2025

CEO Chris Hufnagel credited the better-than-expected Q4 results to execution of the company’s previously announced restructuring plan.

Updated Feb. 21, 2025

Saks Global to close century-old Neiman Marcus flagship in downtown Dallas

The luxury department store's new owner will spend $100 million to renovate an anchor location at the nearby NorthPark Center mall.

Wrangler parent company to buy Helly Hansen

In a $900 million deal, Kontoor Brands will acquire the brand from Canadian Tire Corporation.

Gildan announces CFO succession plan, new executive position

The company announced the leadership changes on the same day it posted Q4 results showing a 5% year-over-year rise in net sales.

Nike launches brand with Kim Kardashian’s Skims

NikeSkims will be available this spring with an assortment of training apparel, footwear and accessories.

Tapestry to sell Stuart Weitzman for $105M

The deal allows the Coach owner to double down on its handbag brands, which have recently driven it to record growth.

Hermès again bucks luxury slowdown trend with double-digit revenue growth

The luxury brand said that if proposed tariffs from the U.S. cause prices to rise, its American customers “will understand and remain loyal.”

5 takeaways from New York Fashion Week’s fall-winter 2025 shows

There were not as many flights of fancy as in previous seasons, but what the runways lacked in theatrics they made up for with wearability.

Nordstrom brings on Neiman Marcus vet as director of luxury styling

Catherine Bloom is joining the department store in the new role, and a Nordstrom Local location in Los Angeles will be a dedicated storefront for her clients.

OTB reports 2024 sales drop despite gains at key brands

The Maison Margiela and Diesel owner attributed the decline to weakness in the wholesale sector, as it focuses on boosting its DTC segment by opening more retail stores.