Macy’s ends talks with Arkhouse and Brigade, foiling $6.9B takeover

The firms raised their bid in June, but their financing, tied in part to Macy’s own real estate, was lacking, the department store said Monday.

By Daphne Howland • July 16, 2024

Burberry retail revenue plummets 22% in first quarter

The results were posted on the same day the brand named a new CEO and comes against a backdrop of continuing luxury sector challenges.

By Lara Ewen • July 15, 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

Burberry names new CEO

Joshua Schulman replaces Jonathan Akeroyd as the luxury fashion house faces challenging economic headwinds.

By Lara Ewen • July 15, 2024

Casual dress codes, informal etiquette may help recruiting and retention, survey indicates

Employers may want to be more lenient with attire, cellphones and communication, but such shifts also may confuse employees if expectations aren't clear.

By Carolyn Crist • July 15, 2024

American Exchange Group acquires Island Surf Company

The brand will continue to be led by Joe O’Brien and is set to become part of White Mountain Footwear.

By Lara Ewen • July 11, 2024

Shein invests $270M to create Circularity Fund in EU, UK

The fast fashion giant said the money will support startups as well as more mature businesses working in the textile-to-textile recycling space.

By Laurel Deppen • July 11, 2024

Bloomingdale’s names new men’s fashion director

David Thielebeule, founding editor-in-chief of Grazia USA, takes on the role effective immediately.

By Lara Ewen • July 10, 2024

Temu holding company hit with class action lawsuit

Whaleco allegedly sent Temu marketing texts to numbers listed on the national do-not-call registry, according to the complaint.

By Laurel Deppen • Updated July 10, 2024

Saks COO is out

Following HBC’s deal to take over Neiman Marcus and form “Saks Global,” RJ Cilley left to become chief executive at HVAC startup Voomi Supply.

By Daphne Howland • July 10, 2024

Mulberry appoints new CEO

Andrea Baldo, formerly of Ganni, joins the luxury fashion brand in September and replaces Thierry Andretta, who is exiting the company immediately.

By Lara Ewen • July 9, 2024

Express bankruptcy spurs layoffs at Ohio facility

The company's logistics and shipping partner Bath & Body Works is shrinking its distribution operations for the apparel retailer due to declines in volume.

By Philip Neuffer • July 9, 2024

Max Mara and Shiseido sign long-term fragrance deal

The partnership will grant the Japan-based beauty giant an exclusive worldwide license to develop, produce, market and distribute scents for the luxury fashion house.

By Lara Ewen • July 8, 2024

Saks Fifth Avenue parent company to acquire Neiman Marcus Group for $2.6B

The rival companies will continue to operate independently and the deal is partially funded by e-commerce giant Amazon.

By Stephanie Arnold • July 8, 2024

Roller skating brand Flipper’s World names fashion insider CEO

The company, owned by model Liberty Ross in partnership with musician Usher, hired former Fear of God COO Eddie Bromberg ahead of its apparel launch.

By Lara Ewen • July 1, 2024

Worldly expands C-suite with 2 new hires

Kevin Vranes and Jay Gaines were brought in to work on product innovation and marketing as the sustainability data platform looks to expand its reach.

By Laurel Deppen • July 1, 2024

Nike expects more revenue declines ahead after ‘sluggish’ Q4

CEO John Donahoe said the company is “embracing a more balanced approach” to DTC and wholesale after a rough set of numbers.

By Cara Salpini • July 1, 2024

Skechers supplier accused of using forced labor

The shoe material maker and two other vendors joined the Department of Homeland Security’s list of companies banned from importing goods into the U.S.

By Kelly Stroh • June 28, 2024

TrusTrace upgrades forced labor screening

The platform’s supply chain tool uses AI to reduce “the likelihood of human error” and help fashion brands with regulatory compliance.

By Laurel Deppen • June 28, 2024

Lanvin names Peter Copping artistic director

The former head of Balenciaga couture will be the first creative lead at the luxury house since the April 2023 departure of Bruno Sialelli.

By Lara Ewen • June 27, 2024

Calvin Klein’s Jeremy Allen White ads turned heads, but the biggest impact may be to the brand’s image

“The Bear” star’s images generated $74 million in media impact value amid a years-long effort by holding company PVH to make the line more desirable.

By Laurel Deppen • June 27, 2024

Temu is a ‘data-theft business,’ Arkansas attorney general says in lawsuit

The complaint alleges the fast fashion company collects users’ personal information without permission.

By Laurel Deppen • June 26, 2024

Lawsuit claims Nike CEO John Donahoe misled investors about the success of its DTC strategy

The lawsuit alleges that Donahoe and Chief Financial Officer Matt Friend continually touted the strength of its strategy when in fact it was “unable to generate sustainable revenue growth.”

By Cara Salpini • June 26, 2024

Under Armour to pay $434M to settle lawsuit that claimed Kevin Plank misled investors

If approved, the agreement requires the retailer to keep its CEO and chair roles separate for three years and instill a performance-based condition for some executive stock benefits.

By Cara Salpini • June 25, 2024

Eastern Mountain Sports, Bob’s Stores file for bankruptcy

The chains, in a “liquidity crisis” since their bank found them to be in default, require emergency funding to make payroll Friday.

By Daphne Howland • June 24, 2024

Wolverine World Wide’s Saucony brand names global chief marketing officer

Joy Allen-Altimare is tasked with managing the line’s advertising strategies and growth.

By Lara Ewen • June 21, 2024