Corporate/Finance
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Authentic brings Sperry back to UK and Ireland
The deal with Gardiner Bros is part of an expanded global distribution strategy that includes the hire of a former Amazon executive to lead marketplaces.
By Lara Ewen • June 20, 2025 -
Investor slams Victoria’s Secret ‘super squad’ leadership as inexperienced, ineffectual
Barington Capital wants the Angels back and says CEO Hillary Super lacks focus. The retailer says it’s confident in its “new and experienced leadership.”
By Daphne Howland • June 20, 2025 -
Dôen eyes expansion with new funding round
The investment from Silas Capital is set to support expansion at the womenswear label as its global customer base grows.
By Laurel Deppen • June 20, 2025 -
Marni creative director exits
During Francesco Risso’s time at the OTB-owned brand, he helped to expand its menswear line and refresh its womenswear division.
By Lara Ewen • June 18, 2025 -
Pendleton names next CEO
Jennifer Ingraffea, formerly of Nike and The North Face, will be the company’s first woman in the top executive role, and succeeds John Bishop, who will remain on the company’s board.
By Lara Ewen • June 18, 2025 -
New guide outlines framework for supply chain compliance
TrusTrace’s fourth playbook introduces tools to help the fashion industry navigate existing and upcoming data legislation requirements.
By Lauren Schenkman • June 17, 2025 -
Kering names new CEO
Luca de Meo, who joins the struggling luxury firm from car maker Renault, will succeed François-Henri Pinault, who will remain chairman of the board.
By Lara Ewen • June 16, 2025 -
Saks Global says it’s back on track with vendors, won’t close stores
The company told BMO Capital Markets it has mostly repaired supplier relationships, though luxury brands tell other analysts its ability to pay remains a top concern.
By Daphne Howland • June 16, 2025 -
Victoria’s Secret expects $10M hit to Q2 operating income from cybersecurity breach
Newly arrived marketing chief Elizabeth Preis has been tasked with customer acquisition as the lingerie giant continues to lose market share.
By Daphne Howland • June 13, 2025 -
Vera Bradley CEO, CFO depart
The company, which posted a 24% net revenue decline in the first quarter, suspended guidance and announced the creation of a strategy and transformation committee.
By Lara Ewen • June 12, 2025 -
Marks & Spencer restores some online-order operations following cyberattack
The department store chain was one of the first targets in an international spree of attacks that disrupted retailers.
By David Jones • June 11, 2025 -
Shein pushes consumers toward overconsumption, report says
An EU consumer group said the fast fashion giant uses “dark patterns” to trigger unwilling spending.
By Laurel Deppen • June 10, 2025 -
Torrid to close as many as 180 stores, 30% of its fleet
The plus-size apparel retailer already keeps about 60% of sales and customers from shuttered locations, and plans to invest in retention efforts.
By Daphne Howland • June 9, 2025 -
Dr. Martens plans shift to ‘consumer-first’ mindset
After revenue fell by double digits in the latest fiscal year, the footwear brand is instituting a new growth strategy.
By Laurel Deppen • June 9, 2025 -
G-III withdraws guidance due to tariff uncertainty
Despite a 40% net income increase for Q1, the DKNY owner anticipated significant negative supply chain impacts in the second half of the year.
By Lara Ewen • June 6, 2025 -
Beauty brands blend AI into operations
The Estée Lauder Companies, Coty and Ulta Beauty are pushing forward on the technology to save costs, tailor communications and optimize forecasts.
By Lindsey Wilkinson • June 6, 2025 -
The North Face customers’ personal information compromised in cyber attack
About 1,500 affected users of the VF-owned brand’s website had their passwords reset.
By Laurel Deppen • June 6, 2025 -
PVH is ‘focused on what we can control’ in uncertain consumer environment
The Calvin Klein and Tommy Hilfiger owner is working to reach $12.5 billion in revenue by this year.
By Laurel Deppen • June 5, 2025 -
Authentic extends Boardriders Japan partnership
The expanded agreement adds outdoor sports brands Volcom and Spyder to an existing stable of managed retail labels including Quiksilver and Billabong.
By Lara Ewen • June 5, 2025 -
Ralph Lauren tackles tariffs with agile supply chain
The fashion brand can shuffle manufacturing across a network that spans five continents to mitigate the impact of tariffs on costs, said CFO Justin Picicci.
By Antone Gonsalves • June 5, 2025 -
Dr. Martens taps former Adidas exec for chief brand officer
Carla Murphy will lead the company’s creative direction, and succeeds Ije Nwokorie, who was promoted to CEO.
By Laurel Deppen • June 4, 2025 -
Skechers sued by investor group over go-private deal
A lawsuit alleges the footwear giant violated federal securities law by failing to disclose important information to shareholders.
By Laurel Deppen • June 3, 2025 -
Retrieved from Mizuno on June 03, 2025
Mizuno to phase out kangaroo leather
The company said it planned to gradually stop using the marsupial skin in its products but didn’t give a specific timeline.
By Lara Ewen • June 3, 2025 -
Saks Global rescues its holiday with $350M in new financing
Without the infusion, the luxury department store company would struggle to pay vendors ahead of the critical season, analysts say.
By Daphne Howland • June 3, 2025 -
Jonathan Anderson will lead fashion at Dior
The former Loewe creative director is the first designer to helm women’s, men’s and haute couture since house founder Christian Dior.
By Lara Ewen • June 2, 2025