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Willy Chavarria steps into footwear with new collab
The designer’s collaboration with the Allen Edmonds brand aims to create an “unformal” shoe.
Updated Aug. 14, 2024 -
Wolverine revenue falls nearly 30%
Despite declines at three of its largest brands, the Merrell parent company’s CEO said the results were better than expected.
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HanesBrands to become ‘simpler, more focused business’ following Champion sale
The innerwear company saw Q2 net sales decline 4% year over year.
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Bloomingdale’s and Rebag collaborate on luxury resale
The department store’s e-commerce site offers a 2,500-piece collection of pre-owned handbags, watches and fine jewelry, and in-store sales will follow.
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Adidas global operations exec Martin Shankland to step down
After a nearly 30-year career, Shankland’s responsibilities will be passed on to CFO Harm Ohlmeyer and Senior Vice President of Sourcing Hoa Ly.
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Ralph Lauren net income up 28%
The firm bucked larger luxury industry trends as global DTC sales increased, but North America revenue dropped amid wholesale declines.
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VF revenue remains down despite ‘modest improvement’ at Vans
The struggling sneaker brand is showing signs of recovery in Europe, the Middle East and Africa, as its holding company works to boost its desirability.
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Under Armour chief consumer officer exits as 26-year Adidas veteran joins the brand
Jim Dausch is leaving at the end of the month as Eric Liedtke, former brand president at Adidas, joins the company to lead brand strategy.
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Forced labor, US economy among top concerns for fashion execs this year: report
Despite concern over the economy, a majority of respondents noted feeling optimistic about their business outlook over the next five years.
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Asics is the fastest-growing sneaker brand on resale platform StockX: report
Retro styles helped Adidas’ sneaker sales on the platform double year over year, according to the trend report.
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FedEx strengthens China e-commerce access to US
The delivery giant is bolstering its FedEx International Connect Plus offering as cross-border demand booms.
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Florsheim and Psudo launch capsule collection
The seven-piece line is designed to blend tradition with sustainability, and both companies are using it as an opportunity to reach new audiences.
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Kontoor revenue falls 1% as wholesale remains a challenge
The Lee and Wrangler parent’s CEO said the company is on track to generate $100 million in profit improvement and savings through its transformation initiative.
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Pacsun teams with Pinterest for ‘Better in Baggy’ fall campaign
Store windows nationwide currently feature QR codes inviting consumers to shop the retailer’s curated fall collection on Pinterest.
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Ferragamo profit plummets 73%
First-half revenue was down in every region and every product category.
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Gildan Activewear underwear sales fall
The earnings call was CEO Glenn Chamandy’s first since being reinstated following a months-long proxy battle.
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Authentic signs new Ted Baker partners
Design, manufacturing and wholesale in the U.S. and Canada will be handled by three licensing companies.
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Adidas CEO: ‘You have to be more American to be successful in America’
With sales in North America down 7% in Q2, CEO Bjørn Gulden said the athletics brand is leaning into American sports like basketball and baseball.
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Tapestry hires L’Oréal exec to lead Kate Spade
Eva Erdmann is set to take over as president and CEO against a backdrop of consistent revenue declines.
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Hugo Boss sales fall 1% in second quarter
The company lowered its full-year outlook as retail sales declined with momentum slowing on digital and wholesale channels.
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Tracker
The luxury fashion earnings calendar
Fashion Dive has put together a list of luxury fashion financial reporting dates to help keep track of the sector.
Updated Aug. 1, 2024 -
Blumarine appoints new creative director
David Koma takes over the fashion house following the March departure of Walter Chiappoini, who presented only one collection before his exit.
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UPS defends higher peak surcharges ahead of shorter holiday season
The magnitude of the added fees surprised one analyst, but CEO Carol Tomé said the carrier's pricing is in line with anticipated demand.
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Steve Madden wholesale boosted by accessories, apparel
The footwear giant’s acquisition of Almost Famous last year continues to drive sales.
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Unspun raises $32M for 3D weaving machines
The company plans to expand the use of its technology to localize manufacturing capabilities across North America and Europe.
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