Brands: Page 18
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Adidas plans to sell the rest of its Yeezy inventory ‘at least at cost’ this year
The company, which originally toyed with the idea of writing off all leftover merchandise from the failed partnership, has instead sold it off piece by piece.
By Cara Salpini • Feb. 2, 2024 -
Filson to launch womenswear line
The Seattle-based heritage outerwear brand expects to begin selling the collection in the U.S. this August, with a global rollout to follow.
By Lara Ewen • Updated Feb. 1, 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 -
Zegna’s revenue grew 27.6% for fiscal 2023
The Thom Browne owner saw double-digit growth in all geographic regions.
By Laurel Deppen • Feb. 1, 2024 -
Retailers have finally tamed their inventories: report
Sales growth outpaced inventory in the third quarter for the first time since the pandemic began, according to Telsey Advisory Group analysts.
By Ben Unglesbee • Jan. 31, 2024 -
Coupang completes acquisition of Farfetch
The $500 million deal, initially announced in December, was threatened last week by Farfetch bond holders seeking to recover their investment in the luxury e-commerce firm.
By Lara Ewen • Jan. 31, 2024 -
EU rejects Adidas’ claim against Thom Browne in ongoing battle over stripe graphic
The decision is the latest in a series of disputes between the companies over the design.
By Laurel Deppen • Jan. 31, 2024 -
Moschino appoints Adrian Appiolaza to creative director role
The designer will oversee the label’s women’s, men’s and accessories collections. He fills a position that has been empty since the November death of Davide Renne.
By Lara Ewen • Jan. 30, 2024 -
Victoria’s Secret-backed lingerie and apparel brand sues Shein
For Love & Lemons says the fast fashion giant violated copyrighted designs, prints and graphics.
By Laurel Deppen • Jan. 29, 2024 -
Levi’s to lay off as much as 15% of its workforce
Incoming CEO Michelle Gass will oversee the ongoing pivot to DTC as the denim brand continues to struggle with its growth plans.
By Daphne Howland • Jan. 29, 2024 -
LVMH posts record profits and 86.2B euros in revenue for 2023
The company’s strong fourth quarter revenue in fashion and leather goods helped ease luxury sector slowdown concerns.
By Lara Ewen • Jan. 26, 2024 -
Aeffe reports 9.5% revenue slump
The Moschino owner is eyeing its retail division as an opportunity for growth.
By Laurel Deppen • Jan. 26, 2024 -
Under Armour, Celanese develop spandex alternative
The companies partnered on Neolast, a high-performing alternative to elastane — a fiber that gives apparel stretch.
By Tatiana Walk-Morris • Jan. 26, 2024 -
Textile tech brand Repreve introduces yarn made from plastic bottles
The fiber, called Recomfort, is designed to to be pill-resistant and feel like traditional cotton, acrylic and rayon.
By Howard Ruben • Jan. 25, 2024 -
Amer Sports eyes $8.7B valuation in IPO
The athleticwear brand, which owns Wilson and Arc’teryx, is looking to raise up to $1.8 billion in its public market debut.
By Nate Delesline III • Jan. 25, 2024 -
True Religion announces footwear license deal
Launching in the fall, the new collection in partnership with Orly Corporation will feature men’s, women’s and kids’ shoes.
By Lara Ewen • Jan. 24, 2024 -
Everlane CEO jumps to Designer Brands
Andrea O'Donnell, who was named brands chief, has a range of merchandising and brand-building experience, including at Deckers and LVMH-owned DFS Group.
By Daphne Howland • Jan. 24, 2024 -
Despite stock slide, Birkenstock is positioned for growth: analysts
Company executives said the footwear brand has room for pricing adjustments to help offset inflation effects on the bottom line.
By Laurel Deppen • Jan. 24, 2024 -
Digital Brands Group plots 50 stores
The company said its first location will open by March, and it plans to use it to offload excess inventory, particularly from its Sundry acquisition.
By Caroline Jansen • Jan. 23, 2024 -
The new rules shaping luxury fashion marketing: report
Luxury brands are bucking traditional fashion schedules, embracing collaborations and becoming more inclusive, according to Highsnobiety.
By Laurel Deppen • Jan. 23, 2024 -
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 Oct. 31, 2024 -
Nike was the top-traded sneaker brand of 2023: report
The annual StockX culture index also named running shoe brands Asics and New Balance and gave a nod to viral footwear company MSCHF.
By Lara Ewen • Jan. 19, 2024 -
Richemont bucks larger luxury slowdown with 4% sales boost for Q3
China helped boost numbers for the period, and jewelry and watches lifted retail, while the company reiterated plans to find a new buyer for Yoox Net-a-Porter.
By Lara Ewen • Jan. 18, 2024 -
What it takes to build a private label
Hint: It's more than poaching from Target’s slam-dunk owned brands operation.
By Daphne Howland • Jan. 18, 2024 -
Lululemon taps new global creative director
Jonathan Cheung is taking on the role, while JJ Collier joins the athleticwear brand in the newly created position of vice president of design for outerwear.
By Cara Salpini • Jan. 17, 2024 -
Hugo Boss preliminary sales up 15% for 2023
Robust Q4 sales in the Americas and Asia helped the company avoid the slump hitting other luxury brands.
By Lara Ewen • Jan. 17, 2024