Luxury spending hits one of its worst years since the Great Recession

Flat growth and a lack of support from younger customers may mean the sector won’t recover until 2030, according to a new report from Bain.

By Lara Ewen • Nov. 20, 2024

S&P downgrades VF due to declining revenue at key brands

A report questioned the Vans owner’s competitive edge, adding that turnaround efforts could take a while.

By Laurel Deppen • Nov. 18, 2024

Trump’s tariffs: How manufacturers can prepare

Frontloading commodity imports could be a temporary solution, but diversified sourcing will be critical long term, experts say.

By Kate Magill • Nov. 14, 2024

Luxury customers optimistic and ready to shop for the 2024 holidays: report

A new report from Saks Luxury Pulse shows high-end consumers undaunted by the sector’s slump and willing to spend on themselves and others this year.

By Lara Ewen • Nov. 13, 2024

Fashion revenue will be sluggish but stable in 2025: report

Luxury will continue to lose ground as non-luxury fashion drives economic growth, while resale expansion and e-commerce challenges continue to impact the industry.

By Lara Ewen • Nov. 12, 2024

5 ways the election will impact fashion

Once a new administration is in place, policy shifts and legislative changes may have wide-ranging impacts on the industry, both at home and abroad.

By Laurel Deppen , Lara Ewen • Nov. 6, 2024

Miu Miu is the world’s hottest brand again, although luxury’s power is slipping: report

The Q3 Lyst Index revealed a new roster of contemporary and premium brands vying for a place in high-end closets.

By Lara Ewen • Oct. 24, 2024

Narrow, horizontal silhouette handbags are 2024’s ‘it’ bag: report

Luxury resale platform Fashionphile released its top selling handbags and accessories and predicted future trends.

By Laurel Deppen • Oct. 22, 2024

Fashion trade shows to watch in 2025

These conferences, conventions and runway presentations connect buyers, designers, executives and insiders with the trends that shape the industry’s future.

By Lara Ewen • Oct. 1, 2024

There is still time to prepare for a busy shipping season

Logistics experts say that the strategies applied during the holiday rush should also carry through into 2025.

By Larry Avila • Sept. 24, 2024

Temu and Shein can weather de minimis changes. Others may struggle.

The e-commerce giants are already diversifying their supply chains in the wake of the White House’s proposal to limit the exemption, but smaller businesses may have a tough time doing the same.

By Max Garland • Sept. 19, 2024

5 trends from New York Fashion Week’s spring-summer 2025 collections

The shows offered an inclusive vision of American fashion as designers played with proportions, textures and heritage.

By Lara Ewen • Sept. 12, 2024

Luxury struggles persist: report

HSBC sliced its organic growth outlook for 2024 nearly in half, and said the market is seeing its “sixth worst year" in the past two decades.

By Lara Ewen • Sept. 11, 2024

Consumer economic optimism reaches highest level in a year: report

Apparel was ranked the third most popular splurge category across generations and the top for Gen Z.

By Lara Ewen • Sept. 3, 2024

Back-to-school 2024: How brands can win younger consumers as uncertainty endures

The power of Gen Z and Gen Alpha to influence their parents to consider a brand could be the key to success amid another turbulent season.

By Jessica Deyo • Aug. 9, 2024

UPS defends higher peak surcharges ahead of shorter holiday season

The magnitude of the added fees surprised one analyst, but CEO Carol Tomé said the carrier's pricing is in line with anticipated demand.

By Max Garland • Aug. 1, 2024

Ocean shippers need contingency plans now, experts say

Diversifying port usage and improving visibility are among the tactics supply chains should deploy.

By Alejandra Carranza • July 31, 2024

Loewe was the world’s hottest brand in Q2: report

The LVMH-owned brand overtook Miu Miu to claim the top spot, while its collaboration with running brand On made Cloudtilt 2.0 sneakers the quarter’s hottest product.

By Lara Ewen • July 24, 2024

Inaugural Indigenous Fashion Week represents more than 100 Indigenous nations

The Southwestern Association for Indian Arts event featured presentations from 17 Indigenous North American designers as well as pop-shops and symposiums.

By Howard Ruben • May 24, 2024

Top 5 fashion industry trends from the 2024 Met Gala

At fashion's biggest party, celebrities wore tulle, vintage, pastels and flowers to celebrate the latest exhibition at the Metropolitan Museum of Art’s Costume Institute.

By Lara Ewen • May 7, 2024

Hugo Boss momentum slows following record growth

The company's sales were up in the first quarter but have stalled considerably since last year.

By Lara Ewen • May 6, 2024

Miu Miu, Prada top first Lyst Index of 2024

Loewe came in third place, while Alaïa made its debut on the list.

By Lara Ewen • May 3, 2024

Lanvin Group forecasts growth amid uncertain economy

In confirming its fiscal 2023 revenue, the company’s new chairman Zhen Huang expressed optimism about its profitability goals.

By Lara Ewen • April 30, 2024

Kering forecasts recurring operating income decline of up to 45% in H1

Gucci revenue dropped double-digits in the first quarter of 2024, which its parent company blamed on “ongoing normalization” in the luxury sector.

By Lara Ewen • April 24, 2024

Athleisure is top dog in the teen closet: Here’s what the numbers say

Nike remains the top clothing brand for teens but is losing mindshare.

By Sara Karlovitch • April 22, 2024