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

Explore the 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

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

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

Kontoor Brands sees quarterly revenue grow for the first time since last year

The Wrangler and Lee parent company expects gains to continue in Q4, which leadership attributed to a transformation initiative.

By Laurel Deppen • Nov. 4, 2024

Temu under EU Commission probe

The Commission opened formal proceedings to determine if the fast fashion giant violated the Digital Services Act.

By Laurel Deppen • Nov. 4, 2024

The Children’s Place launches storefront on Shein

The deal allows the retail company to distribute its products through the fast fashion giant’s platform and diversify its omnichannel strategy.

By Laurel Deppen • Nov. 1, 2024

Adidas reaches settlement with Ye as Yeezy inventory dwindles

The brand says it has momentum, though some analysts wonder what will follow the current hype around its legacy Terrace styles.

By Daphne Howland • Nov. 1, 2024

Columbia wants to attract ‘younger and more active consumers’ with new strategy

The company announced a plan to grow its namesake brand during its Q3 earnings report, in which it saw a 5% net sales decrease.

By Laurel Deppen • Oct. 31, 2024

Draper James hires Michael Kors veteran as CEO

New CEO Jeannie Yoo also stepped into an advisory role with Consortium Brand Partners, which took a majority stake in the brand a year ago.

By Howard Ruben • Oct. 31, 2024

Reebok and Beams collaborate on new sneaker

An updated version of the Instapump Fury design is Y2K-inspired and features elements from both brands.

By Howard Ruben • Oct. 31, 2024