Brands: Page 21
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Retrieved from Miu Miu on May 03, 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 -
Banana Republic’s CEO is out
Sandra Stangl arrived in 2020 and oversaw the addition of home goods, her forte, at a tough time for the category.
By Daphne Howland • May 3, 2024 -
QVC launches exclusive collection with designer Nicole Miller
The collaboration marks the first time the brand has worked with the shopping network since Gordon Brothers became a majority shareholder.
By Lara Ewen • May 3, 2024 -
How Cotopaxi navigated remediation of a tier 1 supplier
The outdoor apparel and accessories brand chose remediation over removal to avoid exacerbating negative worker impacts, an executive said.
By S.L. Fuller • May 2, 2024 -
Kontoor sees Q1 revenue fall, updates outlook
Despite the decline, the Wrangler and Lee parent company said the results were stronger than expected.
By Laurel Deppen • May 2, 2024 -
Steve Madden Q1 revenue grows 19%
The company’s wholesale segment was aided in part by last year’s acquisition of Almost Famous.
By Laurel Deppen • May 1, 2024 -
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 -
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 -
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 -
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 Lara Ewen • Updated May 1, 2024 -
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 Laurel Deppen • April 29, 2024 -
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 -
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 -
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 Laurel Deppen • April 26, 2024 -
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 Lara Ewen • April 26, 2024 -
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 -
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 Laurel Deppen • April 25, 2024 -
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 Lara Ewen • April 24, 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 -
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 -
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 Lara Ewen • April 23, 2024 -
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 -
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 Lara Ewen • April 22, 2024 -
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 Lara Ewen • April 22, 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