Brands: Page 29
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Adidas abandons request to freeze $75M held by Yeezy
Though Adidas and Ye have split ways, the company claims Ye still holds money associated with it.
By Laurel Deppen • June 1, 2023 -
Stefano Gallici named creative director of Ann Demeulemeester
Stefano Gallici takes on the top role after the previous creative director, Ludovic de Saint Sernin, left the label late last month.
By Laurel Deppen • June 1, 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 -
Patagonia sues Nordstrom, claiming counterfeit sales at Rack
The brand recently stopped selling via the department store and its off-price stores and discovered the alleged fakes this year, per court documents.
By Daphne Howland • June 1, 2023 -
Fashion brands see little progress on circularity since last year: report
Patagonia, Levi’s and North Face outpace other brands studied in efforts to improve its environmental impact, data showed.
By Laurel Deppen • May 31, 2023 -
Converse taps North America VP as new CEO
Nearly a dozen people have changed roles in the retailer’s executive ranks in recent months.
By Nate Delesline III • May 31, 2023 -
Simone Bellotti named design director of Bally
He moves into the top design role in the wake of Rhuigi Villaseñor’s sudden departure earlier this month.
By Lara Ewen • May 31, 2023 -
Fendi launches men’s basketball-inspired collection
The limited-edition Fendi Active: Basketball Capsule comes with a $10,000 basketball hoop and a pop-up court at Saks Fifth Avenue in New York.
By Lara Ewen • May 30, 2023 -
Telfar amends trademark application following clash with beauty company
Last year, British cosmetics brand Charlotte Tilbury opposed Telfar’s trademark, claiming it was too similar to its own.
By Laurel Deppen • May 26, 2023 -
Lacoste collabs with Sporty & Rich for new vintage-inspired collection
The partnership between the two preppy brands features a 22-piece line of apparel and accessories.
By Lara Ewen • May 26, 2023 -
Gap Inc. losses shrink in Q1 as sales continue to slide
Major cost cuts, including the elimination of some 2,300 jobs in recent months, are helping stabilize the bottom line.
By Daphne Howland • May 26, 2023 -
Chanel sales rise to a record $17B
The privately owned luxury house plans to increase its workforce and expand its London headquarters in the coming year.
By Lara Ewen • May 25, 2023 -
In massive executive shuffle, Nike names new Jordan president
Craig Williams will take on a new role as president of geographies and marketplace, while Sarah Mensah takes on Jordan. The retailer also named a new head of North America.
By Cara Salpini • May 25, 2023 -
Chanel buys partial stake of Italian yarn maker Cariaggi
The French luxury fashion house teamed up with Brunello Cucinelli in a joint agreement, with both now owning 24.5% of the natural fibers supplier.
By Laurel Deppen • May 24, 2023 -
Ludovic de Saint Sernin departs Ann Demeulemeester: reports
De Saint Sernin designed only one collection for the luxury brand.
By Laurel Deppen • May 23, 2023 -
Adidas to start selling Yeezy products at the end of May
It’s the first time the products have been up for sale since Adidas broke ties with Kanye West, also known as Ye, in October.
By Cara Salpini • May 22, 2023 -
Lululemon inks multiyear partnership to recycle nylon, polyester
The deal with Samsara Eco marks the activewear maker’s first minority investment in a recycling company.
By Laurel Deppen • May 22, 2023 -
Canada Goose revenue jumps in Q4 as it focuses on DTC
The brand is leaning into its direct-to-consumer channel, which saw sales increase 22.6% in the period, as it plans to open 16 stores in fiscal 2024.
By Dani James • May 19, 2023 -
Nuuly partners with plus-size brand Eloquii
The new partnership between the Urban Outfitters-owned clothing rental service and the plus-size DTC brand is exclusive, and it debuts with 25 styles.
By Lara Ewen • Updated May 19, 2023 -
Shein raises $2B but valuation drops: WSJ
Despite the new funding, the fast fashion giant’s value has reportedly decreased to $66 billion.
By Laurel Deppen • Updated May 18, 2023 -
Burberry sales rebound despite weak US showing
The fourth quarter boost was aided by a comeback in China, the luxury company’s biggest market.
By Lara Ewen • May 18, 2023 -
B. Riley acquires equity interest in Scotch & Soda through Bluestar
The arrangement solidifies financial ties between the financial group and the brand management company, and adds to a growing stable of fashion labels under their control.
By Lara Ewen • Updated May 17, 2023 -
Bally’s creative director is out
Rhuigi Villaseñor is leaving just over a year after joining the Swiss luxury fashion house.
By Lara Ewen • May 17, 2023 -
Deep Dive
What’s behind Walmart’s DTC selloffs?
The retail giant has been ditching its e-commerce acquisitions for years to refocus on its core. But it could also mean a fresh start for Eloquii and Bonobos.
By Dani James • May 17, 2023 -
Nike faces lawsuit over greenwashing claims
A Missouri plaintiff said that 90% of the products Nike advertises as using recycled materials don’t, and that some of the recycled materials themselves are environmentally harmful.
By Daphne Howland • May 16, 2023 -
Shein invests $70M toward upgrading its supply chain
The company hopes its five-year financial commitment will improve conditions at its third-party manufacturing suppliers.
By Howard Ruben • May 16, 2023