Brands: Page 26
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Kering acquires 30% stake in Valentino
The deal includes an option for Kering to acquire 100% of the Italian luxury house by the end of 2028.
By Laurel Deppen • July 27, 2023 -
Fashion companies net $40B in retail sales from licenses: report
Authentic Brands Group was among the highest earners in the category.
By Laurel Deppen • July 27, 2023 -
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 -
Authentic Brands Group acquires Rockport out of bankruptcy
The brand conglomerate sees an opportunity to expand the footwear company's assortment into a "full lifestyle offering."
By Nate Delesline III • July 27, 2023 -
Prada profits jump 62% in H1
The increase was partly a result of strong retail net sales for Prada brand products and Miu Miu sales.
By Lara Ewen • July 27, 2023 -
Gap Inc. turns to Mattel operations chief Richard Dickson as CEO
The toy maker's longtime executive was instrumental in reinvigorating Barbie and other signature brands. Can he pull it off again?
By Daphne Howland • July 26, 2023 -
LVMH revenue up 15% for the first half of 2023
Its fashion and leather group reported revenue growth of 20%, although operating cash flow was halved due to real estate and operational investments.
By Lara Ewen • July 26, 2023 -
Project Runway finalist named creative director at Frederick’s of Hollywood
Candice Cuoco will show her first full collection for the brand this fall.
By Laurel Deppen • July 26, 2023 -
Adidas raises guidance after successful Yeezy drop
The first sale of leftover inventory slashed 250 million euros from its projected operating loss, and further drops could help even more.
By Cara Salpini • July 25, 2023 -
H&M sues Shein for copyright infringement
The case was filed in Hong Kong, with the next hearing scheduled for the end of July.
By Laurel Deppen • July 25, 2023 -
AG Jeans taps fashion industry veteran for new CEO role
Glenn McMahon will be the California-based company’s first CEO in its 20-plus year history and will report to AG owner and founder Yul Ku.
By Lara Ewen • July 24, 2023 -
Shein boosts spending on US lobbying
The fast fashion giant has been experiencing increased pressure from lawmakers as it considers becoming a publicly traded company.
By Laurel Deppen • July 24, 2023 -
Deep Dive
Yeezy was only part of Adidas’ problems. The athleticwear brand has been falling further behind Nike for years.
Since 2013, Adidas’ net sales have grown by less than $5 billion as it struggles to keep pace with the broader market. Could a new CEO and a clean slate reverse those trends?
By Cara Salpini • July 24, 2023 -
Fashion brands still have work to do on supply chain transparency: report
The annual Fashion Transparency Index found that most brands have not improved much since last year.
By Laurel Deppen • July 21, 2023 -
Gap adds its name to the Pakistan Accord
The retail giant signed on to the International Accord’s legally binding agreement on worker safety this week, bringing the total number of signatories to 65.
By Lara Ewen • July 21, 2023 -
Carhartt expands its resale program to allow mail-in trades
The workwear brand’s Reworked partnership with Trove will allow it to reach customers throughout the U.S. by the end of 2023.
By Laurel Deppen • July 20, 2023 -
True Religion’s new chief marketing officer will lead the brand’s digital pivot
Kristen D’Arcy, formerly of Pacsun and American Eagle Outfitters, said she expects e-commerce to represent 50% of the brand’s revenue in a few years.
By Lara Ewen • July 19, 2023 -
Gucci president and CEO Marco Bizzarri steps down
Jean-François Palus, Kering Group’s managing director, has been appointed to the role for a transitional period.
By Lara Ewen • July 18, 2023 -
Tom Ford Fashion appoints new CEO
Lelio Gavazza was tapped to take on the newly-created role and will report directly to Ermenegildo Zegna, chairman and CEO of Zegna Group.
By Lara Ewen • July 18, 2023 -
Temu launches legal complaint against fast fashion rival Shein
Attorneys allege Shein coerced manufacturers into signing loyalty agreements, preventing them from doing business with its fast fashion rival.
By Laurel Deppen • Updated July 20, 2023 -
Athletic fashion market expected to reach $350B valuation by 2032: report
Recent insights from LaunchMetrics show luxury and streetwear collaborations with athletic brands can add value.
By Laurel Deppen • July 17, 2023 -
David’s Bridal reportedly will keep nearly 200 stores open under new ownership
The chain has been seeking a buyer since before its April bankruptcy filing. An offer from Cion Investment Corp was approved.
By Daphne Howland • July 17, 2023 -
Rag & Bone co-founder Marcus Wainwright steps down
Creative duties will be handed over to Jennie McCormick for womenswear, footwear and accessories, with Kyle Sweeney leading menswear and merchandising.
By Lara Ewen • July 14, 2023 -
Silver Jeans Co. names new CEO
Suzanne Silverstein will take over the leadership role from founder Michael Silver.
By Laurel Deppen • July 14, 2023 -
Telfar and Melissa collab on clear bags and shoes for summer
The capsule collection, called Telly Jelly, features three sizes of Telfar’s popular shopper, plus a unisex slide.
By Lara Ewen • July 13, 2023 -
Walter Chiapponi to exit Tod’s
After four years as creative director, Chiapponi’s last collection for the Italian luxury brand will be a womenswear show presented during Milan Fashion Week in September.
By Laurel Deppen • July 13, 2023