Corporate/Finance: Page 2

  • A person with white wired headphones and a white bag stands outside a clothing store.
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    Daphne Howland/Fashion Dive
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    Lululemon leans on newness to lure reluctant US customers

    This year the brand plans to expand its footprint by opening stores and enlarging existing locations, and will add new markets abroad.

    By Daphne Howland • March 31, 2025
  • Beyoncé stands next to stacked clothing dryers and wears a cowboy hat for a Levi's campaign
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    Courtesy of Levi's
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    Levi’s CEO: ‘If the wallet’s tighter, then we have to work harder’

    Pickier shoppers just means higher execution is needed from the denim brand, Michelle Gass said. But a little help from Beyoncé never hurts.

    By Cara Salpini • March 28, 2025
  • The Temu website is displayed alongside the official logo on screens.
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    Ben Montgomery via Getty Images
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    Temu accused of acting in bad faith in addressing customer complaints

    A class action lawsuit alleges the fast fashion company is scheming to prevent customers from filing claims.

    By • March 28, 2025
  • A closeup of a model's legs, wearing Sneex shoes and wide legged jeans.
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    Courtesy of Sneex
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    Spanx founder’s ‘Sneex’ trademark request denied

    Sara Blakely’s footwear company has to prove trademarking the term isn’t “merely descriptive.”

    By • March 27, 2025
  • Actress Parker Posey for Gap's spring 2025 campaign.
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    Courtesy of Gap
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    Gap Inc. CEO: ‘If you’re relevant enough it eventually drives revenue’

    One of the most-watched turnarounds in retail started with a long look back at its past, Richard Dickson said at Shoptalk Spring.

    By Cara Salpini • March 27, 2025
  • Mannequins display archival dresses from designer Thierry Mugler on a blue lit stage.
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    Jason Mendez via Getty Images
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    Mugler names new creative director

    Miguel Castro Freitas succeeds Casey Cadwallader, who has been with the brand since 2018.

    By • March 25, 2025
  • People walk by a Dior storefront.
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    Joe Raedle via Getty Images
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    Apparel, luxury spending fell in the beginning of 2025: report

    Consumers shelled out more on fast fashion and thrift in January and February.

    By • March 25, 2025
  • Two models, an adult and child, pose in a large empty room wearing jackets from the Anya Hindmarch and Uniqlo collaboration.
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    Retrieved from Uniqlo on March 24, 2025
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    Uniqlo, Anya Hindmarch ‘googly eye’ lawsuit will continue

    A federal judge rejected holding company Fast Retailing’s request to dismiss the complaint filed by Googly Eye Cru.

    By • March 24, 2025
  • A side view as two men in T-shirts walk down a runway. One turns toward the crowd on the sidelines and smiles.
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    Arturo Holmes via Getty Images
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    Loewe names former Proenza Schouler team as creative directors

    Jack McCollough and Lazaro Hernandez, who recently left the brand they co-founded, succeed Jonathan Anderson, who exited the LVMH-owned house last week.

    By • March 24, 2025
  • People walk by a Nike store.
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    Feng Li via Getty Images
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    Nike focused on ‘rightsizing’ key footwear styles as sales plunge 9%

    Some analysts expected the athleticwear brand to take more drastic action on its oversold franchises, but CEO Elliott Hill still sees a place for the “beloved silhouettes.”

    By Cara Salpini • March 24, 2025
  • A closeup of a Shein sign directing people around its distribution center. The Shein building is seen in the background, with an American flag.
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    jetcityimage via Getty Images
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    Shein saw the largest apparel market share gain in 2024: report

    However, GlobalData found that Nike, H&M and Gucci all saw market share declines.

    By • March 21, 2025
  • A man in Puma gear runs with a dog with a mountain in the background
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    Courtesy of Puma
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    Inside Puma’s new brand positioning and largest global campaign to date

    The sportswear company will increase marketing investments by 40% in support of “Go Wild,” a campaign that reworks Afroman’s “Because I Got High.”

    By Chris Kelly • March 21, 2025
  • A dark blue flag that reads "Old Navy" in white block letters hands vertically on a building in New York City, shown in the righ of a photo. Another building is on the left, with blue sky in the middl
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    Daphne Howland/Fashion Dive
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    Old Navy quietly debuts occasionwear

    Prices start at about $25, answering demand for affordable dresses for weddings, parties and proms.

    By Daphne Howland • March 20, 2025
  • Shoppers looking at the damage caused by the fire at the Kantamanto Market.
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    Courtesy of Tonia-Marie Parker, The Or Foundation
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    Advocates call on fashion industry to help rebuild Ghana’s Kantamanto Market

    The Or Foundation is partnering with Vestiaire Collective to raise about $5 million to help people affected by a January fire.

    By • March 20, 2025
  • Models walk in a straight line down the runway.
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    Vittorio Zunino Celotto via Getty Images
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    Chanel seeks $6.7M for attorneys’ fees in reseller lawsuit

    The luxury brand claims that a years-long litigation process could have been avoided if What Goes Around Comes Around had responded sooner.

    By • March 19, 2025
  • Exterior view of the corner of a department store in the evening, covered in white Christmas lights.
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    Neilson Barnard via Getty Images
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    Saks & Co. no-hire agreements with luxury brands could be legal

    The retailer’s deals with Loro Piana and affiliates of Louis Vuitton, Gucci, Prada and Brunello Cucinelli do not violate federal antitrust laws, says court.

    By Laurel Kalser • March 19, 2025
  • A display features signage reading "In 1981 Guess changed the denim industry forever" and a display of denim jeans.
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    Stefania M. D'Alessandro via Getty Images
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    Guess receives offer to go private

    The offer to buy the company’s outstanding shares came from an affiliate of WHP Global, which last year partnered with the denim brand to buy Rag & Bone.

    By • March 18, 2025
  • Going out of business signs in a store window.
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    Justin Sullivan via Getty Images
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    Forever 21 blames latest bankruptcy on competition from Temu, Shein

    The fast-fashion retailer made it through the pandemic but struggled against cheap duty-free goods from China, as inflation strained consumers.

    By Daphne Howland • March 18, 2025
  • A Coach storefront in a mall.
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    The image by Phillip Pessar is licensed under CC BY 2.0
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    Coach owner sues Shein over alleged sale of dupes

    Tapestry says the fast fashion giant’s claims that products were “100% authentic” created the false impression of an affiliation with the handbag brand.

    By • Updated March 20, 2025
  • Stephen Lamar and Joanne Crevoiserat sit on a stage in conversation.
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    Courtesy of EPNAC
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    How fashion leaders are thinking about tariffs, consumer changes and tackling waste

    The American Apparel and Footwear Association’s annual executive summit focused on staying agile amid constant change.

    By • March 17, 2025
  • A man in a gray sweater and jeans walks down a white runway with his hands in his pockets and his head bowed as if in gratitude. In the background, a crowd takes photos.
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    Pascal Le Segretain via Getty Images
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    Jonathan Anderson exits Loewe

    The creative director leaves his position at the LVMH-owned house after 11 years, marking yet another upheaval in luxury fashion’s designer landscape.

    By • March 17, 2025
  • Estee Lauder Adobe Firefly integration
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    Courtesy of Adobe
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    Estée Lauder continues generative AI push with Adobe integration

    The marketer will bring Adobe Firefly Services into its existing Adobe Creative Cloud workflows to increase efficiency and accelerate campaign execution.

    By Chris Kelly • March 17, 2025
  • Two models against a grey back drop in a running position.
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    Courtesy of HanesBrands
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    Hanes steps into athleisure category

    The company said the line represents a “new era” of its basics business.

    By • March 14, 2025
  • A person in a baseball hat and gray jacket is shown seated.
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    Victor Boyko via Getty Images
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    Gucci names new artistic director

    Demna, who has been artistic director of Balenciaga since 2015, succeeds Sabato de Sarno, who left the brand last month.

    By • March 13, 2025
  • Models in suits walk between patches of tall grass on a fashion runway.
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    Vittorio Zunino Celotto via Getty Images
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    Hugo Boss warns of flat growth ahead

    The company attributed sluggish 2024 sales to global challenges, but an analyst said its shifting brand philosophy “left it in a no-man’s land.”

    By • March 13, 2025