Corporate/Finance


  • Models walk up subway stairs on both sides wearing clothing from Tommy Hilfiger.
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    Dia Dipasupil via Getty Images
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    China says PVH engaged in ‘improper’ behavior related to cotton sourcing

    An ongoing investigation will determine if the Calvin Klein and Tommy Hilfiger parent company should be added to China’s Unreliable Entity list.

    By Jan. 21, 2025
  • A pair of black Timberland boots is displayed on a stand above a sign that reads "nature needs heroes."
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    Joshua Blanchard via Getty Images
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    VF Corp. announces further layoffs

    The company said the move, which follows a previously announced 242-person workforce reduction, was connected to its turnaround strategy.

    By Jan. 21, 2025
  • Models in colorful clothes walk the runway during the Pharrell Williams Louis Vuitton Menswear Spring/Summer 2024 show finale as part of Paris Fashion Week. Explore the Trendline
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    Aurelien Meunier via Getty Images
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    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
  • Models walk both toward the camera and away from the camera on a runway.
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    Thierry Chesnot/Getty Images via Getty Images
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    Lanvin Group CEO steps down amid leadership changes

    Former top executive Eric Chan will transition into a board position, while Andy Lew, CEO of St. John Knits, will helm a second company headquarters in Europe.

    By Updated Jan. 17, 2025
  • Tim Bantle stands outdoors for a professional headshot in black and white.
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    Courtesy of Filson
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    Filson names VF Corp., Eddie Bauer alum as new president

    Tim Bantle joins the Bedrock Manufacturing Company-owned brand as it looks to expand into new markets.

    By Jan. 16, 2025
  • A model holds a blue shoulder bag with the word Chloé written on the side of the bag.
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    Pascal Le Segretain via Getty Images
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    Richemont posts record Q3 sales, led by jewelry division

    The luxury firm saw a 10% uptick in the quarter, with fashion and accessories also showing double-digit growth.

    By Jan. 16, 2025
  • An internal shot of Burberry's shop-in-shop inside of Saks in New York City.
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    Courtesy of Courtesy of Luis Guillén for Saks
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    ASAP Rocky, a Burberry scarf and the ‘road back to authenticity’

    CEO Joshua Schulman’s turnaround plan focuses on the outerwear and scarf categories — and it might be working.

    By Kaarin Moore • Jan. 16, 2025
  • Authentic Brands Group names president

    The company has tapped Matt Maddox, former CEO of hotel and casino company Wynn Resorts, to lead the company’s global brand growth.

    By Nate Delesline III • Jan. 15, 2025
  • A clothing store window is festooned with white lights for Christmas. Two customers look in the window.
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    Vittorio Zunino Celotto via Getty Images
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    Brunello Cucinelli reports strong earnings amid larger luxury decline

    The company’s year-over-year sales were up double digits in the Americas and Asia in fiscal 2024, with revenue projected to climb 10% over the next two years.

    By Jan. 14, 2025
  • The exterior of Perfect Moment's store in the SoHo neighborhood of New York. A yellow cab is parked out front.
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    Courtesy of Perfect Moment
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    Perfect Moment seeks global expansion through agency partnerships

    The luxury ski brand is working to grow its international wholesale presence as it faces a potential delisting from the New York Stock Exchange.

    By Howard Ruben • Jan. 13, 2025
  • The interior entrance to a JC Penney mall store, with fronds of a plant in the foreground.
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    Daphne Howland/Fashion Dive
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    J.C. Penney, Brooks Brothers operator join forces as ‘Catalyst Brands’

    The new entity features other labels owned by Authentic Brands Group and run by Sparc Group. Investors include Shein and mall REITs Simon and Brookfield.

    By Daphne Howland • Jan. 10, 2025
  • Four people of various body sizes wear white form-fitting floor-length dresses.
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    Courtesy of Tala
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    Former Boden, Net-a-Porter creative director moves into activewear

    Sustainable fitness brand Tala has appointed Jon Wetherell to the top design role ahead of plans to expand the business internationally.

    By Jan. 10, 2025
  • A model walks down the runway during the day as seated crowds watch from the sidelines.
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    Thierry Chesnot via Getty Images
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    Y/Project shuts down

    The Paris-based fashion label is shuttering after 14 years following last year’s exit of CEO Pascal Conte-Jodra and creative director Glenn Martens.

    By Jan. 9, 2025
  • A stack of True Religion jeans for sale at a storefront.
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    John Shearer/WireImage for HollyRod Foundation via Getty Images
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    Private equity firm buys controlling stake in True Religion

    The deal with Acon Investments comes as the denim brand looks to diversify its product offering and expand its reach.

    By Jan. 9, 2025
  • Models walk the runway beneath an elaborate light fixture.
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    Francois Durand via Getty Images
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    Deep Dive

    5 fashion industry trends to watch in 2025

    Sourcing and sustainability challenges will hit home as luxury and corporate shifts reshape the global fashion landscape.

    By Jan. 8, 2025
  • A person in a red sweater smiles at the camera while sitting on a beige couch. On a table in front of him are several phone cases and some housewares displayed on an orange tray.
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    Bryan Bedder via Getty Images
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    Consortium Brand Partners acquires Jonathan Adler

    This is the private equity firm’s third acquisition in 18 months, following previously announced deals with Draper James and Outdoor Voices.

    By Jan. 8, 2025
  • A view of a Dr. Martens store as people pass by.
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    Gareth Cattermole via Getty Images
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    Dr. Martens creative director steps down after a decade

    Darren McKoy said he was ready to embrace new opportunities and creative challenges, and the footwear company hasn’t named a replacement.

    By Updated Jan. 7, 2025
  • Mexico President Claudia Sheinbaum and Economy Secretary Marcelo Ebrard stand with a signed decree affecting apparel duties.
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    Courtesy of Presidencia de la Republica
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    Mexico restricts duty-free apparel imports

    The rule change will significantly impact foreign fashion brands and 3PLs using Mexico for de minimis shipments to the U.S.

    By Edwin Lopez • Updated Jan. 6, 2025
  • Models walk parallel runways surrounded by onlookers.
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    Roy Rochlin via Getty Images
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    Fashion Workers Act signed into law in New York

    The legislation requires model management firms to register with the state and offers protections against AI and exploitation.

    By Jan. 3, 2025
  • Perfect Corp expands into luxury fashion with Wannaby acquisition

    The company was acquired from Farfetch so Perfect Corp can broaden its virtual try-on capabilities into categories like shoes, bags and apparel. 

    By Kaarin Moore • Jan. 3, 2025
  • A person in a red and white floral top and goldtone hoop earrings faces the camera.
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    Courtesy of Laura Ashley
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    Marquee Brands acquires Laura Ashley

    With the addition of the U.K.-based lifestyle company, Marquee’s brand portfolio will exceed $4 billion in retail sales.

    By Jan. 3, 2025
  • Neiman Marcus store in Friendship Heights, Maryland
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    Daphne Howland/Fashion Dive
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    Saks Global names new leadership as it completes $2.7B Neiman Marcus acquisition

    Saks CEO Marc Metrick will lead the expanded company, while Chief Merchandising Officer Tracy Margolies will take over as Bergdorf Goodman’s president. 

    By Nate Delesline III • Jan. 2, 2025
  • A downtown department store building
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    Daphne Howland/Fashion Dive
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    Nordstroms succeed in taking company private for $6.25B

    The board unanimously approved the deal, which also includes Mexican retail conglomerate El Puerto de Liverpool and gives the founding family a majority stake.

    By Daphne Howland • Jan. 2, 2025
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    Courtesy of Hugo Boss
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    Hugo Boss launches independent recycling, reuse company

    Eightyards will begin operations in January and manage the group’s waste but is eyeing expansion beyond fashion.

    By Dec. 19, 2024
  • A woman with long red hair leans on a table covered in beauty products and faces the camera.
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    Courtesy of Puig
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    Puig to acquire Charlotte Tilbury by 2031

    The two companies’ strategic partnership will extend until Puig assumes ownership, and Charlotte Tilbury Limited will retain minority brand ownership until then.

    By Dec. 18, 2024
  • A person stands beneath a giant Chanel logo on a dark runway.
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    Pascal Le Segretain via Getty Images
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    9 luxury brands that made creative director changes in 2024

    Some of the departing designers exited their roles for new high-profile jobs while others have not announced future plans, leaving 2025 open to even more shifts.

    By Dec. 18, 2024