Brands: Page 4
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Prada Group revenue challenges luxury slowdown narrative
Overall group retail sales were up 15% for the first nine months, and the Miu Miu brand was up 97% for the period.
By Lara Ewen • Oct. 30, 2024 -
Denim meets decarbonization: Levi’s unveils first climate transition plan
The denim manufacturer has committed to achieving net-zero emissions by 2050 and reducing scope 3 emissions 42% by 2030.
By Zoya Mirza • Oct. 30, 2024 -
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 -
VF saw revenue decline at each of its brands, but shares soar after earnings
The Vans owner has been undergoing a turnaround effort over the last year, and its CEO said its beginning to see results.
By Laurel Deppen • Oct. 29, 2024 -
Gap releases ‘Wicked’ capsule collection
The 20-piece collaboration includes green, pink and black colorways inspired by the movie’s theme.
By Laurel Deppen • Oct. 29, 2024 -
Esprit US subsidiaries file for bankruptcy
The Chapter 7 notices come in the wake of more than a dozen similar filings from Esprit Holdings subsidiaries around the world.
By Lara Ewen • Oct. 29, 2024 -
H&M releases selections from previous designer collaborations
Items from partnerships with Karl Lagerfeld, Mugler, Moschino and others will be available through the store’s pre-owned initiative.
By Lara Ewen • Oct. 28, 2024 -
L.L. Bean launches collab with Noah Kahan
The eight-piece capsule is meant to celebrate the shared New England roots of both the brand and the musician.
By Laurel Deppen • Oct. 28, 2024 -
Consumer demand, star ambassadors key to Skechers ‘record’ Q3 growth of $2.4B
The footwear company is trying to sustain its momentum by pushing deeper into its product offering for team-based sports.
By Nate Delesline III • Oct. 28, 2024 -
Shein launches its first credit card
The fast fashion giant is partnering with Mexico-based fintech company Stori to introduce the card, which is supported by Mastercard.
By Laurel Deppen • Oct. 25, 2024 -
Hermès contradicts luxury sector downturn with double-digit revenue growth
Strong performance in the leather goods division led to Q3 upticks in every region, despite a slowdown in parts of Asia.
By Lara Ewen • Oct. 25, 2024 -
Tapestry and Capri merger blocked in win for FTC
The owners of Coach and Michael Kors plan to appeal the decision, but experts say it’s unlikely the deal will go through.
By Laurel Deppen • Updated Oct. 25, 2024 -
Kering projects a 47% operating income drop in 2024
Declines at Gucci and Yves Saint Laurent in the third quarter were offset slightly by an uptick at Bottega Veneta, but the company’s overall downward trend persisted.
By Lara Ewen • Oct. 24, 2024 -
Zara launches repair, resale and donation services in the US
The Inditex-owned company is positioning the program as a step toward its goal of achieving carbon neutral emissions by 2040.
By Laurel Deppen • Oct. 24, 2024 -
Miu Miu is the world’s hottest brand again, although luxury’s power is slipping: report
The Q3 Lyst Index revealed a new roster of contemporary and premium brands vying for a place in high-end closets.
By Lara Ewen • Oct. 24, 2024 -
Ex-Abercrombie CEO Mike Jeffries arrested on sex trafficking, prostitution charges
Federal prosecutors say Jeffries leveraged his position at the apparel retailer, including promising men modeling jobs, to further the alleged crimes.
By Daphne Howland • Oct. 24, 2024 -
Mulberry’s board joins majority shareholder in rejecting Frasers acquisition bid
This was the minority shareholder’s latest offer to acquire the shares it did not already own in the luxury company.
By Lara Ewen • Oct. 23, 2024 -
True Religion enlists Megan Thee Stallion to tap into hip-hop culture
The rapper is “hotter than hot right now” and makes the holiday campaign a “milestone moment” for the brand, according to CMO Kristen D’Arcy.
By Chris Kelly • Oct. 23, 2024 -
Narrow, horizontal silhouette handbags are 2024’s ‘it’ bag: report
Luxury resale platform Fashionphile released its top selling handbags and accessories and predicted future trends.
By Laurel Deppen • Oct. 22, 2024 -
Levi Strauss taps Maersk for fulfillment and logistics
The logistics provider opened an omnichannel facility in Ohio to service Levi’s wholesale, retail and e-commerce channels.
By Alejandra Carranza • Oct. 22, 2024 -
Champion releases collab with the MoMA Design Store
The collection includes hoodies, shirts and jackets inspired by the athleticwear brand’s archives.
By Laurel Deppen • Updated Oct. 23, 2024 -
EssilorLuxottica sees slight revenue increase as it looks to solidify its position in med-tech
The Ray-Ban owner’s partnership with tech giant Meta for wearables was one of its “strongest drivers of the quarter.”
By Laurel Deppen • Oct. 18, 2024 -
Victoria’s Secret Fashion Show promised equity, provided entertainment
After a six-year hiatus, the live event returned with new models, runway veterans and plenty of confetti.
By Lara Ewen • Oct. 18, 2024 -
Adidas momentum continues with 7% sales growth
Preliminary results for the third quarter also showed that, excluding Yeezy sales from this year and last, currency-neutral revenue surged 14%.
By Cara Salpini • Oct. 17, 2024 -
Ferragamo predicts more revenue declines in 2024
After reporting a 9.6% year-over-year drop in Q3, the luxury company’s CEO said he expects the downward trend to continue.
By Laurel Deppen • Oct. 16, 2024 -
LVMH continues to be hit by luxury sector challenges
Fashion and leather goods revenue was down 6% for the third quarter due in part to softening demand throughout Asia.
By Lara Ewen • Oct. 16, 2024