Brands

  • Two pairs of shoes are pictured up close in a store display.
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    Romain Maurice/Getty Images for Life By Style Collective via Getty Images
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    Steve Madden Q1 revenue grows 19%

    The company’s wholesale segment was aided in part by last year’s acquisition of Almost Famous.

    By • May 1, 2024
  • A person and mannequins stand inside a store, seen through the store window.
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    Daphne Howland/Fashion Dive
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    Royalty fees squeeze Vince margins

    The company is targeting more than $30 million in savings in part to offset the new cost of licensing its own brand from Authentic Brands Group.

    By Daphne Howland • May 1, 2024
  • Models in colorful clothes walk the runway during the Pharrell Williams Louis Vuitton Menswear Spring/Summer 2024 show finale as part of Paris Fashion Week. Explore the Trendline➔
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    Aurelien Meunier 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 2024, but few industries are more adept at reinvention or more suited to change.

    By Fashion Dive staff
  • A model in a hood stands against a yellow lit wall.
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    Vittorio Zunino Celotto via Getty Images
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    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 • April 30, 2024
  • A black "Lululemon" sign features the red and white brand logo and white lettering, hanging in front of a leafy tree.
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    Daphne Howland/Fashion Dive
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    Lululemon shutters Washington distribution center

    The athleticwear brand is laying off nearly 130 employees, but a spokesperson said some will relocate to its new Los Angeles location and other facilities.

    By Kelly Stroh • April 30, 2024
  • The interior of a Ted Baker store in New York City shows wooden floors and clothing on racks.
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    Astrid Stawiarz via Getty Images
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    Ted Baker says North America bankruptcy due in part to failures by Authentic’s Europe and UK operators

    The retailer said in court documents that suppliers were not paid, leading to shipment delays, order cancellations and merchandise shortages.

    By • Updated 3 hours ago
  • A closeup of a person wearing a pair of fur-trimmed boots.
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    Juan Naharro Gimenez via Getty Images
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    Columbia continues ‘growth acceleration strategies’ as net sales fall 6%

    The Q1 results come after the sportswear company, which owns Sorel, prAna and Mountain Hardwear, warned that 2024 would be challenging.

    By • April 29, 2024
  • A person carries a black YSL monogram bag with gold hardware and a gold tassel.
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    David Dee Delgado via Getty Images
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    Online luxury reseller Rebag launches membership program

    The program is designed to give customers lower prices on items and additional discounts.

    By Howard Ruben • April 29, 2024
  • A tailor works at a sewing machine, reusing fabric from old denim clothes.
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    Natalia Khimich via Getty Images
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    Reformation reports spike in direct emissions, misses 2023 carbon intensity target

    The apparel company known for pioneering sustainable practices said it aims to slash its scope 1 and 2 emissions by 42% by 2030, compared to a 2021 baseline.

    By Zoya Mirza • April 29, 2024
  • A person is seen looking at a wall of Skechers shoes in a store.
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    Photo by Spencer Platt/Getty Images via Getty Images
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    Skechers logs record Q1 sales amid wholesale revival

    The company expects revenue to increase by up to 11% for the fiscal year, which an analyst called “a pleasant surprise.”

    By • April 26, 2024
  • The interior of an Hermès store.
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    Bryan Bedder via Getty Images
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    Hermès revenue resilient despite widespread luxury downturn

    Earnings were up 13% in Q1, with strong global sales and increased demand for leather goods, jewelry, home and fashion and accessories.

    By • April 26, 2024
  • A bride in a Forever 21 dress.
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    Courtesy of Forever 21
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    Forever 21 unveils first bridal capsule collection

    The fast fashion company is the most recent retailer to expand its product assortment into the wedding category. 

    By Tatiana Walk-Morris • April 26, 2024
  • A person is seen holding bags from Kate Spade and other stores.
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    Spencer Platt/Getty Images via Getty Images
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    FTC lawsuit on Tapestry’s merger with Capri could have wider implications

    The complaint demonstrates the agency’s recent crackdown on “serial acquisitions,” a practice that has become more common across industries.

    By • April 25, 2024
  • Outside view of a Miu Miu store at night.
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    Brian Ach via Getty Images
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    Miu Miu’s popularity helps Prada Group revenue grow 11% in Q1

    Retail sales for the brand were up 89%, reinforcing its continued consumer appeal against a wider backdrop of luxury sector challenges.

    By • April 24, 2024
  • Models walk on a runway in an airy atelier.
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    Victor Boyko via Getty Images
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    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 • April 24, 2024
  • Allbirds new sneaker the Tree Runner Go
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    Courtesy of Allbirds
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    Allbirds unveils Tree Runner Go sneaker as it refocuses on core products

    The shoe features improvements to the original design and comes after the successful launch of the Wool Runner 2.

    By Suzette Parmley • April 24, 2024
  • Models on a runway circle a giant fluffy orange pile.
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    Vittorio Zunino Celotto via Getty Images
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    Zegna Group revenue up 8.1% in Q1

    Thom Browne revenue fell more than 30% due to DTC challenges in China, wholesale streamlining and updated delivery timing.

    By • April 23, 2024
  • Nike headquarters
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    Courtesy of Nike
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    Second phase of Nike layoffs to hit Oregon headquarters this summer

    After the job cuts, effective June 28, about 740 employees will have been impacted in the athleticwear brand’s home state.

    By Cara Salpini • April 23, 2024
  • A person walks past Coach bags in a window of Macy's store.
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    Drew Angerer via Getty Images
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    FTC sues to block Tapestry’s $8.5B acquisition of Capri Holdings

    The commission alleges the deal prevents competition between brands at both companies and gives Tapestry a dominant share of the “accessible luxury” handbag market.

    By • April 22, 2024
  • Garments lie on a table alongside pattern designs and other sewing items.
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    Courtesy of Eileen Fisher
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    Eileen Fisher hosts inaugural resale e-commerce ‘Earth Day Takeover’

    The company’s Renew program directed online shoppers toward pre-worn garments rather than new ones as part of a larger take-back initiative.

    By • April 22, 2024
  • Five pastel-colored shoes, without their mates, float against a cloudy-sky background.
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    Courtesy of Lululemon
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    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
  • A model is seen wearing clothes from the recent Zero Waste Daniel and Nuuly collaboration.
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    Courtesy of Nuuly
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    Nuuly releases capsule collection made from its retired inventory

    The 10-piece line was created in collaboration with Zero Waste Daniel, a designer known for making items from pre-consumer waste.

    By • April 19, 2024
  • A brand image of Asics' reusable shoe ready to be recycled.
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    Courtesy of Asics
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    Asics creates a circular shoe, returns program

    The sporting goods company designed a shoe ready to undergo recycling at the end of its use.

    By Xanayra Marin-Lopez • April 19, 2024
  • Sunglasses on display.
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    Rick Diamond/WireImage via Getty Images
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    EssilorLuxottica growth slows in Q1 as North America revenue lags

    The luxury eyewear company saw modest gains, but noted that strong earnings in 2023 made comparisons challenging.

    By • April 19, 2024
  • The toe of a shoe pokes out from the left bottom corner.
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    Courtesy of Adidas
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    Adidas raises guidance for the year as Yeezy leftovers keep on giving

    But the sneaker giant is building momentum beyond the now-discontinued sub-brand, and CEO Bjørn Gulden’s turnaround seems to be taking hold.

    By Daphne Howland • April 18, 2024
  • Models walk an orange runway during the Louis Vuitton womenswear show.
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    Kristy Sparow via Getty Images
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    LVMH revenue falls 2% in Q1

    The company’s fashion and leather goods division was down year over year following record-breaking profits in fiscal 2023.

    By • April 17, 2024