Corporate/Finance: Page 5
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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 -
Explore the Trendline➔
Thierry Chesnot via Getty ImagesTrendlineTop 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 -
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 -
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 -
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 Laurel Deppen • June 2, 2025 -
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 Laurel Deppen • May 30, 2025 -
Maria Grazia Chiuri exits Dior Women
The house’s first woman creative director showed her last collection for the label earlier this week.
By Laurel Deppen • May 29, 2025 -
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 Lara Ewen • May 28, 2025 -
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 -
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 Laurel Deppen • May 28, 2025 -
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 Laurel Deppen • Updated May 28, 2025 -
Ralph Lauren revenue exceeds expectations
The company posted sales growth in every region, with Europe up 12% and China up more than 20%.
By Lara Ewen • May 22, 2025 -
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 -
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 Laurel Deppen • May 21, 2025 -
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 -
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 -
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 Lara Ewen • May 20, 2025 -
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 Laurel Deppen • May 19, 2025 -
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 Laurel Deppen • May 19, 2025 -
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 Lara Ewen • May 16, 2025 -
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 Lara Ewen • May 15, 2025 -
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 -
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 Lara Ewen • May 14, 2025 -
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 -
Retrieved from Vince on May 13, 2025
Vince faces potential delisting
The New York Stock Exchange said the company’s market cap and stockholders’ equity had dropped below continued standards.
By Lara Ewen • May 13, 2025