Brands: Page 19
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HanesBrands to lay off nearly 160 employees in North Carolina distribution center
The apparel company plans to repurpose the facility as it streamlines operations.
By Alejandra Carranza • Feb. 15, 2024 -
Courtesy of VF Corp. Business Wire
VF adds new board member, aligns with Engaged Capital
The apparel conglomerate said it will also name another independent director in the near term as it accelerates turnaround efforts.
By Laurel Deppen • Feb. 14, 2024 -
Explore the Trendline➔
Aurelien Meunier via Getty Images
TrendlineTop 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 -
Courtesy of Temu
Temu asks that class action lawsuit be moved out of court
Attorneys for the fast fashion company claim plaintiffs agreed to settle disputes through arbitration when they accepted its terms of use.
By Laurel Deppen • Feb. 14, 2024 -
Courtesy of Sun Day Red
Tiger Woods, TaylorMade team up to launch Sun Day Red
The apparel brand, which debuts on May 1, comes after Woods ended his nearly three-decades-long partnership with Nike.
By Caroline Jansen • Feb. 14, 2024 -
John Sciulli via Getty Images
Lacoste appoints new executive vice president of global finance
Philippe Gautier brings his experience as CFO at brands including Puma and Sergio Rossi to the France-based sportswear firm.
By Lara Ewen • Feb. 13, 2024 -
Justin Sullivan/Getty Images via Getty Images
Lululemon accused of greenwashing in anti-competition complaint
Advocacy organization Stand.earth is asking the Competition Bureau Canada to investigate the athleticwear company’s conduct over environmental claims.
By Laurel Deppen • Feb. 13, 2024 -
Courtesy of Hoka
Hoka taps 17-year Nike vet as brand president
Robin Green, the activewear giant’s global vice president of Men’s Running and Fitness, is tasked with driving growth and innovation at Hoka.
By Cara Salpini • Feb. 13, 2024 -
Photo by Stefania M. D'Alessandro/Getty Images via Getty Images
Tod’s sells stake to L Catterton in a plan to take the company private
This is the second time the luxury company attempted to delist from the Italian Stock Exchange.
By Laurel Deppen • Feb. 12, 2024 -
Courtesy of Puma
Puma taps H&M vet to lead global brand strategy
Julie Legrand, who also held senior brand and marketing positions at Procter & Gamble, joins the athletics retailer with 20 years of experience.
By Howard Ruben • Feb. 12, 2024 -
Pascal Le Segretain via Getty Images
Prada and L’Oreal sign license agreement for Miu Miu beauty line
The first fragrances under the deal are expected to launch in 2025.
By Lara Ewen • Feb. 9, 2024 -
Cindy Ord via Getty Images
Hermès sales outdo luxury rivals
The company’s global resilience in the sector was aided by strong growth for its ready-to-wear segment and continued demand for its leather goods.
By Lara Ewen • Feb. 9, 2024 -
Photo by JP Yim/Getty Images for ELLE via Getty Images
Capri Q3 revenue drops 5.6%
Michael Kors, Jimmy Choo and Versace all saw declines, which the company's CEO attributed to a softening demand for luxury goods.
By Laurel Deppen • Feb. 9, 2024 -
Maryam Majd via Getty Images
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 -
Donell Woodson/Getty Images via Getty Images
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 -
Getty Images via Getty Images
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 -
Getty Images via Getty Images
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 -
Chris J Ratcliffe/Getty Images via Getty Images
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 -
Juan Naharro Gimenez/Getty Images via Getty Images
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 -
Retrieved from Willy Vanderperre for Prada on February 01, 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 -
Courtesy of Gap Inc., photo credit Mario Sorrenti
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 -
Cara Salpini/Fashion Dive
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 -
JP Yim via Getty Images
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 -
Neilson Barnard via Getty Images
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 -
Pablo Cuadra via Getty Images
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 -
Courtesy of Columbia
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
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