Brands
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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.
By Laurel Deppen • Nov. 20, 2024 -
Kering appoints new CEOs at Saint Laurent, Balenciaga
The changes come amid plummeting revenue at the conglomerate and luxury sector challenges across the industry.
By Lara Ewen • Nov. 19, 2024 -
Trendline
Top 5 stories from Fashion Dive
Fashion faced its share of shakeups in the first half of 2024, but few industries are more adept at reinvention or more suited to change.
By Fashion Dive staff -
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.
By Kelly Stroh • Nov. 19, 2024 -
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.
By Lara Ewen • Nov. 18, 2024 -
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.
By Laurel Deppen • Nov. 18, 2024 -
Deep Dive
‘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.
By Jessica Deyo • Nov. 18, 2024 -
Lee launches collab with Alpha Industries
The eight-piece collection is designed to add a modern edge to classic styles from both brands.
By Laurel Deppen • Nov. 15, 2024 -
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.
By Lara Ewen • Nov. 15, 2024 -
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.
By Lara Ewen • Nov. 14, 2024 -
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.”
By Laurel Deppen • Nov. 14, 2024 -
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.”
By Lara Ewen • Nov. 13, 2024 -
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.
By Laurel Deppen • Nov. 13, 2024 -
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.
By Philip Neuffer • Nov. 13, 2024 -
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.
By Laurel Deppen • Nov. 12, 2024 -
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.
By Daphne Howland • Nov. 12, 2024 -
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.
By Lara Ewen • Nov. 11, 2024 -
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.
By Laurel Deppen • Nov. 11, 2024 -
Capri revenue falls sharply as hopes of a Tapestry merger dim
Jimmy Choo saw single-digit growth, while the company attributed second quarter declines at Versace and Michael Kors to soft luxury demand.
By Lara Ewen • Nov. 8, 2024 -
HanesBrands expects to return to revenue growth in Q4
Following the sale of Champion, the company is looking to distinguish itself as a focused innerwear business, and some analysts think it’s working.
By Laurel Deppen • Nov. 8, 2024 -
Ralph Lauren sees 6% revenue boost, driven by strong retail sales
The company increased its average unit retail price by 10% and raised its full-year fiscal 2025 outlook.
By Lara Ewen • Nov. 8, 2024 -
Tapestry logs better-than-expected net sales, driven by Coach
The Kate Spade and Stuart Weitzman owner said it wouldn’t pursue more mergers in the near term if its Capri Holdings acquisition failed.
By Laurel Deppen • Nov. 7, 2024 -
Wolverine World Wide losses narrow as fiscal 2024 outlook improves
CEO Chris Hufnagel said Saucony outpaced company forecasts despite a 10% drop in Q3 revenue at the brand.
By Lara Ewen • Nov. 7, 2024 -
Deep Dive
DTC is dead. Long live DTC.
As a channel, it remains key to growth for many retailers. But the era of the DTC brand as we know it is over.
By Cara Salpini • Nov. 6, 2024 -
Outerwear brand Hawke & Co. to relaunch
The company hired Michael Macko, previously of Saks Fifth Ave, as fashion director.
By Laurel Deppen • Nov. 5, 2024 -
Hugo Boss reports third straight quarter of muted sales
The company attributed its weak numbers to a “persistently challenging market environment.”
By Lara Ewen • Nov. 5, 2024