Brands: Page 18
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Lawsuit claims Nike CEO John Donahoe misled investors about the success of its DTC strategy
The lawsuit alleges that Donahoe and Chief Financial Officer Matt Friend continually touted the strength of its strategy when in fact it was “unable to generate sustainable revenue growth.”
By Cara Salpini • June 26, 2024 -
H&M collaborates with designers on Basquiat collection
A 30-piece line, created with 2024 LVMH Prize semi-finalists Ev Bravado and Téla D'Amore, will hit stores in July.
By Lara Ewen • June 25, 2024 -
Zara owner pledges to stop using endangered and ancient forests in paper packaging
The initiative builds on Inditex’s previous commitment to remove those materials from textiles.
By Laurel Deppen • June 25, 2024 -
G-Star and Walter Van Beirendonck announce collaboration
The upcoming collection will blend raw denim with the avant garde designer’s signature style.
By Lara Ewen • June 24, 2024 -
Diesel, EssilorLuxottica sign licensing agreement for luxury eyewear
The first collection under the exclusive deal will be released in 2025, with the denim brand looking to target Gen Z.
By Lara Ewen • June 24, 2024 -
Retrieved from Saucony on June 20, 2024
Wolverine World Wide’s Saucony brand names global chief marketing officer
Joy Allen-Altimare is tasked with managing the line’s advertising strategies and growth.
By Lara Ewen • June 21, 2024 -
Nike, Converse sue 52 ‘counterfeiting networks’
The businesses named in the lawsuit collectively operate 98 websites and 267 social media handles, and allegedly sell “thousands” of fakes.
By Cara Salpini • June 21, 2024 -
Paul Smith announces upcoming Lee collaboration
The indie British designer brand hinted about a spring-summer 2025 launch on its e-commerce site and via social media.
By Lara Ewen • June 20, 2024 -
Gap Inc. names new CTO
Like CEO Richard Dickson, Sven Gerjets joins the apparel company from Mattel where he served as its chief technology officer.
By Tatiana Walk-Morris • June 20, 2024 -
Authentic appoints former Adidas exec to role in Africa
As the first general manager for the region, Warren Bowers will be tasked with expanding partnerships and spearheading strategy.
By Lara Ewen • June 18, 2024 -
Ikea launches textile collection for home and fashion
The line of pre-cut fabric was created to encourage “countless opportunities for design.” It will be available starting in July.
By Howard Ruben • June 18, 2024 -
Lee collabs with footwear brand Heydude
The line with the Crocs-owned brand includes apparel and shoes and will be the denim brand’s first collaboration available on Amazon.
By Lara Ewen • June 17, 2024 -
Toms sues third-party Amazon storefront for trademark infringement
The footwear company said Bloom Trading sold used and nongenuine shoes bearing its name.
By Laurel Deppen • June 14, 2024 -
US consumers don’t trust Temu, but still shop there: report
The survey, conducted by Omnisend, found that 17.5% of global respondents think Temu could surpass Amazon as the leading e-commerce platform.
By Laurel Deppen • June 13, 2024 -
Adidas’ Yeezy Boost and Campus 00s were the most faked sneakers received by resale platform: report
StockX found in its annual verification report that apparel and sneakers were the most susceptible categories to counterfeits.
By Laurel Deppen • June 11, 2024 -
Mango looks to strengthen homeware line with new leader
The Barcelona-based fashion company is looking to grow its Mango Home business with product diversification as part of its goal to reach 4 billion euros in total sales by 2026.
By Laurel Deppen • June 11, 2024 -
Crate and Barrel debuts home collection with fashion designer Laura Kim
Kim, who is the co-creative director of Oscar de la Renta, is making her debut in the homewares space with the retailer.
By Tatiana Walk-Morris • June 11, 2024 -
G-III buys stake in All We Wear Group
The apparel group said the deal will help it accelerate expansion in Europe, primarily in Spain, Portugal and India.
By Laurel Deppen • June 10, 2024 -
Revive raises $3.5M seed investment
The company, which helps brands manage inventory damaged during the return process, plans to use the new funding to boost its platform.
By Howard Ruben • June 10, 2024 -
Lululemon CEO says it missed opportunities in the women’s business in Q1
A narrow color palette and insufficient inventory in smaller sizes contributed to slower growth in the U.S., though overall revenue was still up 10%.
By Cara Salpini • June 10, 2024 -
Kering appoints group chief brand officer
Laurent Claquin, who has been with the company since 2005, will take on the newly created role next month.
By Lara Ewen • June 7, 2024 -
HanesBrands sells Champion to Authentic Brands Group
The proceeds of the $1.2 billion sale will be used to pay down debt.
By Laurel Deppen • June 6, 2024 -
OTB implements tracking and certification technology
Diesel confiscated almost 44,000 counterfeit bags in China as its parent company implements NFT certification for its luxury lines.
By Lara Ewen • June 6, 2024 -
CEO of Tommy Hilfiger Global, PVH Europe to step down
PVH announced Martijn Hagman’s departure on the same day it released Q1 earnings, which showed a 10% revenue decrease.
By Laurel Deppen • June 5, 2024 -
Luxe Pack highlights packaging psychology and sustainability trends
Estée Lauder’s chief sustainability officer and other speakers shared their perspectives on upcoming trends in the cosmetics and luxury packaging sectors.
By Hayley Lind • June 5, 2024