Corporate/Finance: Page 2

  • Fabletics launches Fabletics Swim.
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    Courtesy of Fabletics
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    Fabletics names Vans vet chief marketing officer

    Carly Gomez has been promoted to the position, while COO Meera Bhatia will now also serve as president.

    By Howard Ruben • June 25, 2025
  • A EU flag on the facade of the EU parliament building.
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    Stock via Getty Images
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    EU Commission nixes proposed anti-greenwashing legislation

    The Green Claims Directive is at odds with the Commission’s “simplification agenda,” a spokesperson said.

    By • Updated June 26, 2025
  • A group of models wearing clothes by designer Willy Chavarria pose on steps, flanked by potted palm trees. Explore the Trendline➔
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    Thierry Chesnot 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 2025, but few industries are more adept at reinvention or more suited to change.

    By Fashion Dive staff
  • A line of models walk during the day in a cavernous room flanked by tall pillars.
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    Pietro S. D'Aprano via Getty Images
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    3 questions for Prada’s next CEO

    After the exit of Gianfranco D’Attis, Prada Group CEO Andrea Guerra will serve in an interim capacity as the company prepares to close on its acquisition of Versace.

    By • June 24, 2025
  • A Nike employee badge featuring Kim Kardashian.
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    Courtesy of Nike
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    NikeSkims launch pushed back due to production delays

    The first collection was set to debut this spring, but the two teams are working to ensure they drop the right product at the right time, a spokesperson said.

    By Cara Salpini • June 24, 2025
  • A model wears a denim romper and flip flops while standing next to an empty mannequin.
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    Courtesy of Gap
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    GapStudio releases summer collection

    The Zac Posen-designed line is part of Gap Inc.’s broader strategy of driving cultural relevance.

    By • June 23, 2025
  • To the right of a mall store entrance, a minimalist gray granite facade features the red and white Lululemon logo and white lettering.
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    Daphne Howland/Fashion Dive
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    Lululemon to lay off 150 corporate staff amid struggles in North America

    Inventory at the athleisure giant is piling up as newer entrants in the space take share and as sales in its largest market are slowing.

    By Daphne Howland • June 23, 2025
  • Two people wearing boat shoes and casual clothing sit together on a stone wall outdoors on a sunny day.
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    Courtesy of Authentic Brands Group
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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 • June 20, 2025
  • Models at the end of a runway show walk as confetti falls
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    Lara Ewen/Fashion Dive
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    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
  • A model sits down wearing a long black dress.
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    Courtesy of Gap
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    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 • June 20, 2025
  • A person leans against a stone wall outdoors wearing a top with extra long sleeves that drape on the ground.
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    Vittorio Zunino Celotto via Getty Images
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    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 • June 18, 2025
  • A corporate headshot shows a smiling woman wearing a black turtleneck.
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    Courtesy of Pendleton Woolen Mills
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    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 • June 18, 2025
  • An overhead view of a garment factory floor shows workers using sewing machines.
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    Liuser via Getty Images
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    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
  • Luca de Meo stands for a professional headshot.
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    Courtesy of Kering
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    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 • June 16, 2025
  • A yellow cab drives past a traffic cop as people walk near a big 19th century building.
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    "Bergdorf Goodman" by ajay_suresh is licensed under CC BY 2.0
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    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
  • A large sign in light pink block capital letters says "Pink," just above a smaller sign in darker pink that says "Victoria's Secret."
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    Daphne Howland/Fashion Dive
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    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
  • A colorful, floral pink room display features tote bags and games.
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    Erika Goldring via Getty Images
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    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 • June 12, 2025
  • A general view of the exterior of the branch of retailer Marks and Spencer at Westfield White City on October 20, 2020 in London, England. Marks & Spencer said customer data was accessed in an April 2025 cyberattack.
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    Leon Neal via Getty Images
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    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
  • A Shein store is pictured, with a rack of clothes on display.
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    Courtesy of Shein
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    Shein pushes consumers toward overconsumption, report says

    An EU consumer group said the fast fashion giant uses “dark patterns” to trigger unwilling spending.

    By • June 10, 2025
  • A mall entrance to a clothing store named "Torrid."
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    Daphne Howland/Fashion Dive
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    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
  • A closeup of a person's Dr. Martens oxfords. They are wearing black socks and wide legged striped pants.
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    Pablo Cuadra via Getty Images
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    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 • June 9, 2025
  • The brand logo for DKNY is projected onto one of the supports for NY's Brooklyn Bridge at night.
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    Dimitrios Kambouris via Getty Images
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    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 • June 6, 2025
  • Shot of Ulta Beauty storefront
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    Jesse Grant via Getty Images
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    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
  • A North Face storefront. The sidewalk in front of it is covered in snow.
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    Leon Bennett/Getty Images for The North Face via Getty Images
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    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 • June 6, 2025
  • The exterior of a Calvin Klein store. The windows show signs for sales and an image of actor Jeremy Allen White wearing Calvin Klein underwear.
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    Laurel Deppen/Fashion Dive
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    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 • June 5, 2025
  • The exterior of a Volcom store.
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    Courtesy of Authentic Brands Group
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    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 • June 5, 2025