Corporate/Finance: Page 5


  • A still life of a white soccer cleat with green stripe accenting.
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    Retrieved from Mizuno on June 03, 2025
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    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 June 3, 2025
  • A Saks storefront in Chicago.
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    Kaarin Moore/Fashion Dive
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    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
  • 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 person in a black hooded sweatshirt and jeans walks down a runway. In the background are multicolored ribbons hanging from the ceiling.
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    Pascal Le Segretain via Getty Images
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    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 June 2, 2025
  • The front door and front windows of an athletic clothing store.
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    Daphne Howland/Fashion Dive
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    Gap Inc. braces for as much as $300M in tariff-related costs

    As import levies threaten the apparel retailer’s momentum, including a potential $150 million hit to margins, executives said pricing won’t change.

    By Daphne Howland • June 2, 2025
  • Daniel De Jesus Krueger sits in a chair for a professional headshot.
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    Courtesy of StockX
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    StockX names new head of creative

    Daniel De Jesus Krueger, who previously worked with LeBron James and the Nike Brand Studio, will be responsible for the resale platform’s creative vision.

    By June 2, 2025
  • An Adidas sign hangs outside a store.
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    Scott Olson via Getty Images
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    Adidas ‘does not own all stripes,’ Steve Madden says in lawsuit

    The footwear brand is asking a federal judge to confirm that two of its sneaker designs don’t infringe on Adidas’ three-stripe trademark.

    By May 30, 2025
  • Maria Grazia Chiuri stands on the runway while a crowd applauds her.
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    Pascal Le Segretain via Getty Images
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    Maria Grazia Chiuri exits Dior Women

    The house’s first woman creative director showed her last collection for the label earlier this week.

    By May 29, 2025
  • A model is a voluminous fur coat walks down a runway.
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    JP Yim via Getty Images
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    Capri reports dismal fourth quarter

    The proposed sale of Versace to Prada Group may help pay down debt, but steep losses at Michael Kors and soft sales at Jimmy Choo continued to drag down revenue.

    By May 28, 2025
  • A Nike storefront at The Grove shopping center in Los Angeles, California.
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    Cara Salpini/Fashion Dive
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    Nike to return to Amazon, raise prices

    The sportswear giant will sell on the U.S. site after six years away. Meanwhile, prices are going up for many of its footwear products.

    By Cara Salpini • May 28, 2025
  • A Dr. Martens storefront in a mall.
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    The image by Phillip Pessar is licensed under CC BY 2.0
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    Dr. Martens hires Nike vet as Americas president

    Paul Zadoff is joining the footwear brand as it works to drive demand for its boots in the U.S.

    By May 28, 2025
  • A Shein logo displayed on a laptop against a dark background.
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    Ben Montgomery via Getty Images
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    Shein infringes on EU consumer protection laws

    The European Commission is asking the fast fashion giant to address potential issues, including fake discounts and pressure selling.

    By Updated May 28, 2025
  • Models stand on a filigree staircase and applaud as more models and designer Ralph Lauren looks on from a balcony.
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    Dia Dipasupil via Getty Images
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    Ralph Lauren revenue exceeds expectations

    The company posted sales growth in every region, with Europe up 12% and China up more than 20%.

    By May 22, 2025
  • A display window below a blank banner that reads "Victoria's Secret" and contains three photos: A closeup portrait of a person's face, a perfume bottle, and a zoomed out portrait of the person.
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    Daphne Howland/Fashion Dive
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    Victoria’s Secret adopts poison pill to halt hostile takeover

    The maneuver is in response to the “substantial accumulation” of shares by investment firm BBRC International, which just launched its own lingerie brand.

    By Kaarin Moore • May 22, 2025
  • A closeup of a person's shoes, light grey Vans.
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    Pablo Cuadra via Getty Images
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    Vans revenue tumbles more than 20% as transformation plan continues

    VF said that excluding the skatewear brand’s results, the company would have seen revenue grow.

    By May 21, 2025
  • Urban Outfitters SoHo Nike Shop
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    Courtesy of Urban Outfitters
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    Urban Outfitters’ in-store experiential concept goes after Gen Z — first with Nike

    The apparel retailer debuted the On Rotation concept as a way to fuel discovery shaped by the generation’s favorite brands. 

    By Kaarin Moore • May 21, 2025
  • Dockers' signature products of khakis and chinos.
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    Courtesy of Authentic
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    Levi’s to sell Dockers to Authentic Brands Group for $311M

    The jeans company is selling off the khakis brand to focus on its core labels. 

    By Kaarin Moore • May 20, 2025
  • A closeup of a blue Adidas logo sign hanging outside a store.
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    Scott Olson via Getty Images
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    Adidas quietly exits the kangaroo skin trade

    The athleticwear giant said it stopped buying leather made from the marsupials in 2024 and it will end production of products containing the material this year.

    By May 20, 2025
  • Three people stand for a professional photo.
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    Courtesy of Gozen
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    Biomaterials firm shakes up leadership as it preps for commercial growth

    Gozen’s co-founder Ece Gözen is moving into a creative role as the company prepares to target more brand partners.

    By May 19, 2025
  • A cell phone with the Shein logo is seen next to a laptop showing the Shein website.
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    Ben Montgomery via Getty Images
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    Shein drops prices following US-China tariff deal

    The fast fashion company said it was lowering the costs on a wide range of styles.

    By May 19, 2025
  • Interior of a Cartier store shows display cases.
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    Andrew H. Walker via Getty Images
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    Richemont sales boosted by fine jewelry

    Challenges at the company’s watchmaker division offset gains elsewhere and resulted in an overall 4% revenue increase for fiscal 2025.

    By May 16, 2025
  • Models walk on a white runway.
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    Vittorio Zunino Celotto via Getty Images
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    Ferragamo revenue slips as Asia Pacific sales decline 13%

    The company’s DTC business fell in the first quarter of 2025, but global gains in the wholesale channel helped offset some losses.

    By May 15, 2025
  • An American Eagle storefront at a mall
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    Cara Salpini/Fashion Dive
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    American Eagle Outfitters pulls guidance, writes down $75M in inventory

    The preliminary Q1 results also revealed a 5% revenue decline and steep operating losses.

    By Dani James • May 15, 2025
  • Models in plaid outerwear and scarves walk down a runway.
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    John Phillips via Getty Images
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    Burberry plans 1,700 job cuts as revenue sinks

    Following a significant profit decline for fiscal 2025, the company said it planned to focus on heritage products and a streamlined inventory strategy.

    By May 14, 2025
  • Two people running in On Cloudneo shoes
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    Courtesy of On
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    On is raising some prices, but it isn’t because of tariffs

    The athletics company saw net sales increase 43% and plans to increase pricing to further differentiate itself as a premium brand in the market.

    By Dani James • May 14, 2025
  • A interior of a clothing store shoes mannequins wearing women's clothing against neutral-colored walls
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    Retrieved from Vince on May 13, 2025
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    Vince faces potential delisting

    The New York Stock Exchange said the company’s market cap and stockholders’ equity had dropped below continued standards.

    By May 13, 2025