Ralph Lauren’s Q3 revenue up after positive holiday sales

North America wholesale dropped 15%, but the brand continued to grow its DTC business as global sales in that category increased 9%.

By Lara Ewen • Feb. 9, 2024

Coach leads Tapestry to Q2 revenue increase in fiscal 2024, but other brands lag

The Kate Spade and Stuart Weitzman brands saw revenue declines for the period.

By Laurel Deppen • Feb. 8, 2024

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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

Kering revenue drops 4% for fiscal 2023

All of the luxury conglomerate’s fashion houses saw 8% declines in Q4 and low-single-digit declines for the year.

By Lara Ewen • Feb. 8, 2024

Simon Property Group trims stake in Forever 21, Brooks Brothers brand-management firm Authentic

The mall REIT is unwinding some of its investment into the retail business, which CEO David Simon has acknowledged is more volatile than real estate.

By Daphne Howland • Feb. 8, 2024

Chanel wins legal dispute against What Goes Around Comes Around

The jury awarded the French luxury house $4 million in damages but WGACA’s CEO and co-founder said the case isn’t over.

By Laurel Deppen • Feb. 7, 2024

VF launches strategic review of brand assets, CFO steps down

The company’s largest brands saw Q3 double-digit revenue declines, while overall company revenue dipped 16% for the period.

By Laurel Deppen • Feb. 7, 2024

Prada reclaims top spot on Lyst Index

Miu Miu fell to second place on the quarterly report, while Ugg returned to the top-20 brand category and The Row made its first appearance.

By Lara Ewen • Feb. 6, 2024

Zac Posen is Gap Inc.’s latest hire in a long line

The designer, known for his women’s dresses, joins a team tasked with “brand reinvigoration and greater cultural relevance,” the company said.

By Daphne Howland • Feb. 6, 2024

Deckers names new CEO as Q3 sales tick up 16%

Stefano Caroti, who most recently was the company’s chief commercial officer, also led Hoka in the interim and spent over a decade at Nike.

By Tatiana Walk-Morris • Feb. 6, 2024

Fashion outlook 2024: What to expect in the year ahead

New governmental regulations and a luxury sector slowdown are forcing the industry to take stock of itself. Meanwhile, a return to red carpet dressing means labels still matter.

By Lara Ewen • Feb. 6, 2024

5 fashion industry trends from the 2024 Grammy Awards

Music’s biggest night was also one of fashion’s wildest events, as celebrities proved that over-the-top looks are de rigueur to achieve that rock-star style.

By Lara Ewen • Feb. 5, 2024

New Balance introduces resale platform

The footwear company partnered with Archive to launch Reconsidered as part of a larger sustainability initiative.

By Laurel Deppen • Feb. 5, 2024

Columbia braces for challenging 2024 as net sales rise 1% in fiscal 2023

The company projected a net sales decline of between 2% and 4% against a background of "economic and geopolitical uncertainty."

By Lara Ewen • Feb. 2, 2024

Skechers logs record $8B in annual sales, but wholesale remains a pain point

 After retailers cut back on inventory levels last year, the footwear giant's CFO said he expects things to turn around in 2024.

By Laurel Deppen • Feb. 2, 2024

Adidas plans to sell the rest of its Yeezy inventory ‘at least at cost’ this year

The company, which originally toyed with the idea of writing off all leftover merchandise from the failed partnership, has instead sold it off piece by piece.

By Cara Salpini • Feb. 2, 2024

Filson to launch womenswear line

The Seattle-based heritage outerwear brand expects to begin selling the collection in the U.S. this August, with a global rollout to follow.

By Lara Ewen • Updated Feb. 1, 2024

Zegna’s revenue grew 27.6% for fiscal 2023

The Thom Browne owner saw double-digit growth in all geographic regions.

By Laurel Deppen • Feb. 1, 2024

Retailers have finally tamed their inventories: report

Sales growth outpaced inventory in the third quarter for the first time since the pandemic began, according to Telsey Advisory Group analysts.

By Ben Unglesbee • Jan. 31, 2024

Coupang completes acquisition of Farfetch

The $500 million deal, initially announced in December, was threatened last week by Farfetch bond holders seeking to recover their investment in the luxury e-commerce firm.

By Lara Ewen • Jan. 31, 2024

EU rejects Adidas’ claim against Thom Browne in ongoing battle over stripe graphic

The decision is the latest in a series of disputes between the companies over the design.

By Laurel Deppen • Jan. 31, 2024

Moschino appoints Adrian Appiolaza to creative director role

The designer will oversee the label’s women’s, men’s and accessories collections. He fills a position that has been empty since the November death of Davide Renne.

By Lara Ewen • Jan. 30, 2024

Victoria’s Secret-backed lingerie and apparel brand sues Shein

For Love & Lemons says the fast fashion giant violated copyrighted designs, prints and graphics.

By Laurel Deppen • Jan. 29, 2024

Levi’s to lay off as much as 15% of its workforce

Incoming CEO Michelle Gass will oversee the ongoing pivot to DTC as the denim brand continues to struggle with its growth plans.

By Daphne Howland • Jan. 29, 2024

LVMH posts record profits and 86.2B euros in revenue for 2023

The company’s strong fourth quarter revenue in fashion and leather goods helped ease luxury sector slowdown concerns.

By Lara Ewen • Jan. 26, 2024

Aeffe reports 9.5% revenue slump

The Moschino owner is eyeing its retail division as an opportunity for growth.

By Laurel Deppen • Jan. 26, 2024