Brands: Page 20
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Courtesy of Canada Goose
Canada Goose yanks long-term targets, names creative director
The brand has slowed its store expansion and paused its five-year plan to focus on “doing fewer things really, really well,” CEO Dani Reiss said Thursday.
By Daphne Howland • May 20, 2024 -
Feng Li via Getty Images
Richemont names new CEO, posts record revenue
Nicolas Bos moves into the role from Van Cleef & Arpels as the luxury house’s full year sales rise following a Q4 decline.
By Lara Ewen • Updated July 16, 2024 -
Courtesy of Reebok
Reebok spins photo memories into custom digital sneakers with AI tool
An Instagram chat feature that allows consumers to create virtual footwear for use in popular games including Fortnite and Roblox.
By Peter Adams • May 17, 2024 -
Vanni Bassetti/Getty Images via Getty Images
Coach scraps its copyright infringement lawsuit against Gap
The complaint, filed last month, focused on the use of the word “coach” on Old Navy T-shirts.
By Laurel Deppen • May 17, 2024 -
Arturo Holmes via Getty Images
Polo Ralph Lauren creative director stepping down
Michael Rider has been with the brand since 2018, and previously worked as ready-to-wear design director at LVMH-owned Céline under Phoebe Philo.
By Lara Ewen • May 16, 2024 -
Permission granted by DXL
Destination XL marketing campaign focuses on ‘clothes that actually fit’
The multichannel effort, which is being tested in three markets, focuses on “simplicity, quality, and fit,” CEO Harvey Kanter said.
By Tatiana Walk-Morris • May 16, 2024 -
Courtesy of Shein
Shein factory employees work 75-hour weeks for low wages: report
Following allegations from human rights group Public Eye, the fast fashion giant said it invests tens of millions of dollars into strengthening its supply chain governance and compliance.
By Laurel Deppen • May 16, 2024 -
Joe Maher via Getty Images
Burberry profits fall by more than a third in 2024
The London-based luxury house had an especially challenging fourth quarter with overall revenue for the year falling 4%.
By Lara Ewen • Updated July 15, 2024 -
Slaven Vlasic via Getty Images
Tory Burch gets a new North America president
Former Clarins executive Christophe de Pous will join two additional leadership hires as the company expands its global presence.
By Lara Ewen • May 14, 2024 -
Courtesy of Adore Me
Adore Me launches AI design tool
AM by You, which uses generative AI, allows consumers to create their own customized bralette and panty set.
By Howard Ruben • May 14, 2024 -
Courtesy of Gap
Gap launches collab with Dôen
The 51-piece collection features women’s and children’s apparel, including a “feminine take” on Gap’s classic styles.
By Laurel Deppen • May 14, 2024 -
Caroline Jansen/Fashion Dive
Allbirds revenue plummets 28% in Q1 as CEO says the brand is ‘executing with urgency’
Joe Vernachio said the retailer shuttered three stores in the quarter and is on track with its planned closures, which will amount to 10 to 15 this year.
By Cara Salpini • May 13, 2024 -
Vittorio Zunino Celotto via Getty Images
Salvatore Ferragamo revenue drops more than 18%
The decline was attributed to poor DTC performance in China and Korea as well as weak global wholesale.
By Lara Ewen • May 13, 2024 -
Vittorio Zunino Celotto via Getty Images
Aeffe revenue down 14% in Q1
The company is repositioning its Moschino brand following the January appointment of creative director Adrian Appiolaza.
By Lara Ewen • May 10, 2024 -
"Gap in Hillcrest Mall" by Raysonho @ Open Grid Scheduler / Scalable Grid Engine is licensed under CC BY 1.0
Gap names new global CMO amid push to revitalize brand
Fabiola Torres joins the retailer from PepsiCo and was lauded for her ability to connect with globally diverse consumers.
By Peter Adams • May 10, 2024 -
Courtesy of Eastside Golf
Eastside Golf steps into women’s apparel
The collection includes more than 20 pieces that will be released throughout May.
By Laurel Deppen • May 10, 2024 -
Arturo Holmes via Getty Images
Tapestry Q3 sales down as smaller brands continue to struggle
Against the backdrop of an FTC lawsuit, Coach sales were flat, and Kate Spade and Stuart Weitzman continued to decline.
By Lara Ewen • May 9, 2024 -
Courtesy of HanesBrands
Champion remains a drag on HanesBrands’ earnings
Global sales for the activewear brand fell 26% in the first quarter, as the company considers selling it off.
By Laurel Deppen • May 9, 2024 -
Courtesy of HeyDude X Foot Locker
Heydude still a drag on Crocs in Q1
Former Ulta exec Susan Healey has been appointed chief financial officer, replacing Anne Mehlman, now Crocs brand chief.
By Daphne Howland • May 8, 2024 -
Ben Pruchnie/Getty Images via Getty Images
Wolverine World Wide names new CFO, reports 34% revenue decline
Despite the revenue dip, the Merrell owner said results were better than expected as it continues restructuring plan.
By Laurel Deppen • May 8, 2024 -
Dia Dipasupil via Getty Images
Top 5 fashion industry trends from the 2024 Met Gala
At fashion's biggest party, celebrities wore tulle, vintage, pastels and flowers to celebrate the latest exhibition at the Metropolitan Museum of Art’s Costume Institute.
By Lara Ewen • May 7, 2024 -
Pablo Cuadra/Getty Images via Getty Images
Adidas’ request for new trial in Thom Browne stripes lawsuit denied
The athleticwear company and the Zegna-owned brand have been involved in various legal disputes since 2021.
By Laurel Deppen • May 6, 2024 -
Dan Kitwood via Getty Images
Hugo Boss momentum slows following record growth
The company's sales were up in the first quarter but have stalled considerably since last year.
By Lara Ewen • May 6, 2024 -
Permission granted by Happy Returns
UPS’ Happy Returns now powers Shein returns at Forever 21 stores
The company launched a cross-brand capability for online orders returned at stores as it pursues deals with more enterprise retailers.
By Max Garland • May 6, 2024 -
Pietro S. D'Aprano via Getty Images
Stefano Rosso named Marni CEO
The executive will retain his position as chairman of Maison Margiela, board member of the OTB Group and CEO of Brave Virtual Xperience.
By Lara Ewen • May 3, 2024
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