Brands: Page 23
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Vince Holding Corp. implements transformation program following sale
The brand aims to create savings of $30 million in the wake of an April deal to sell its IP to Authentic Brands Group.
By Laurel Deppen • Updated Nov. 29, 2023 -
Simon Property Group reduces stake in Forever 21 operator Sparc
CEO David Simon said the mall REIT will continue to monetize its retailer holdings due to their volatility.
By Daphne Howland • Nov. 2, 2023 -
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 -
Tommy Hilfiger partners with Greg Lauren on capsule collection
The 19-piece collection includes “reimagined prep icons” built from a blend of new and existing Hilfiger clothes.
By Laurel Deppen • Nov. 1, 2023 -
Phoebe Philo’s new namesake collection drops, disappears
The A1 line launched online Monday, and many of the pieces have already sold out.
By Lara Ewen • Oct. 31, 2023 -
Prada Group revenues up 12% despite weak sales in the Americas
Miu Miu retail sales were up 49% for the first nine months of the year, and the Prada brand saw a 13% increase for the period.
By Lara Ewen • Oct. 31, 2023 -
L Catterton sells stake in men’s apparel brand Rhone
The brand closed on a round of financing through a special purpose vehicle fund that allowed it to buy out the private equity firm’s minority stake.
By Howard Ruben • Oct. 31, 2023 -
VF Corp. launches transformation program as some of its key brands falter
Vans remains a pain point for the apparel conglomerate, and the company will appoint a new president for the brand as part of its refresh efforts.
By Laurel Deppen • Oct. 31, 2023 -
Columbia reports $985.7M in Q3 sales, lowers full-year guidance
The company’s namesake brand led sales, while its prAna brand is undergoing a “reset.”
By Laurel Deppen • Oct. 30, 2023 -
Shein acquires Missguided from Frasers Group
The deal boosts Shein’s presence in the U.K., where analysts predict it could achieve 2.2% market share in 2023.
By Laurel Deppen • Updated Oct. 30, 2023 -
Shein and Temu agree to dismiss legal fights
The fast fashion rivals had been involved in two cases centered on copyright and antitrust laws.
By Laurel Deppen • Oct. 30, 2023 -
Ugg introduces pop-up AR mirror at NYC flagship
Made with fashion tech company Zero10, the mirror allows users to experience visual effects inspired by the brands “Uggextreme” product campaign.
By Xanayra Marin-Lopez • Oct. 30, 2023 -
Skechers logs $2B in Q3 sales, domestic wholesale flat
The footwear giant hopes that after a “difficult year” for wholesale, next year may offer growth for the segment.
By Laurel Deppen • Oct. 27, 2023 -
Shein and Forever 21 deepen partnership with co-branded line
The fast fashion rivals made a deal in August to distribute each other’s products.
By Laurel Deppen • Oct. 27, 2023 -
5 trend takeaways from the London, Milan and Paris spring-summer 2024 shows
As fashion month draws to a close, these are the looks that will impact brands in the U.S. and abroad when the weather warms up again.
By Lara Ewen • Oct. 27, 2023 -
Capri shareholders approve sale to Tapestry
The merger agreement, first announced in August, was authorized during a special meeting of shareholders.
By Laurel Deppen , Lara Ewen • Oct. 26, 2023 -
Adidas case slapped with amended complaint for violating ESG policies
Shareholders amended the class-action lawsuit against the sportswear brand, which accuses it of failing to disclose ESG and DEI violations made by rapper Ye in a timely manner.
By Zoya Mirza • Oct. 26, 2023 -
Kering revenue drops 13% in Q3 as global luxury sales falter
Almost all the firm’s fashion brands saw double-digit declines as its retail and wholesale numbers also fell.
By Lara Ewen • Oct. 25, 2023 -
Former Nike exec Trevor Edwards joins VF Corp.’s board
Edwards, once seen as stepping into the CEO role at the athletic gear powerhouse, left five years ago as questions swirled about its work culture.
By Daphne Howland • Oct. 25, 2023 -
Zara parent company inks $74M deal for recycled polyester material
Inditex is partnering with Los Angeles-based Ambercycle in a three-year agreement for a “significant portion” of the material.
By Laurel Deppen • Oct. 25, 2023 -
Zegna Group Q3 revenue up 20.8% with strong DTC sales
U.S. sales showed a robust 47.8% growth, which the company partly attributed to its newly added Tom Ford fashion segment.
By Lara Ewen • Oct. 24, 2023 -
Puma reports increased sales in footwear segment, normalized inventory
The sportswear giant reaffirmed its full fiscal year projections while the brand’s wholesale and DTC businesses saw strong increases.
By Laurel Deppen • Oct. 24, 2023 -
Richemont and Farfetch receive antitrust clearance on YOOX Net-a-Porter deal
Farfetch will receive a 47.5% stake in the online luxury platform in exchange for shares in Richemont.
By Lara Ewen • Oct. 23, 2023 -
Steve Madden acquires Almost Famous in $52M deal
Prior to the purchase, the apparel brand was the exclusive licensee of Madden NYC.
By Laurel Deppen • Oct. 23, 2023 -
Canada Goose downgraded amid China headwinds
Analysts with Cowen and Wells Fargo also pointed to a warmer winter ahead as creating obstacles for the luxury apparel brand.
By Dani James • Oct. 23, 2023 -
Adidas requests new trial in Thom Browne infringement case
A jury found the luxury fashion brand not liable for the sneaker giant’s complaints in January.
By Laurel Deppen • Oct. 23, 2023