Brands: Page 9
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Capri revenue tumbles in Q1 amid softening luxury market
Losses accelerate as the Versace, Michael Kors and Jimmy Choo owner’s pending merger with Tapestry awaits regulatory approval.
By Lara Ewen • Aug. 9, 2024 -
Willy Chavarria steps into footwear with new collab
The designer’s collaboration with the Allen Edmonds brand aims to create an “unformal” shoe.
By Laurel Deppen • Updated Aug. 14, 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 -
Bloomingdale’s and Rebag collaborate on luxury resale
The department store’s e-commerce site offers a 2,500-piece collection of pre-owned handbags, watches and fine jewelry, and in-store sales will follow.
By Lara Ewen • Aug. 8, 2024 -
Adidas global operations exec Martin Shankland to step down
After a nearly 30-year career, Shankland’s responsibilities will be passed on to CFO Harm Ohlmeyer and Senior Vice President of Sourcing Hoa Ly.
By Nate Delesline III • Aug. 8, 2024 -
HanesBrands to become ‘simpler, more focused business’ following Champion sale
The innerwear company saw Q2 net sales decline 4% year over year.
By Laurel Deppen • Aug. 8, 2024 -
Wolverine revenue falls nearly 30%
Despite declines at three of its largest brands, the Merrell parent company’s CEO said the results were better than expected.
By Laurel Deppen • Aug. 8, 2024 -
VF revenue remains down despite ‘modest improvement’ at Vans
The struggling sneaker brand is showing signs of recovery in Europe, the Middle East and Africa, as its holding company works to boost its desirability.
By Laurel Deppen • Aug. 7, 2024 -
Ralph Lauren net income up 28%
The firm bucked larger luxury industry trends as global DTC sales increased, but North America revenue dropped amid wholesale declines.
By Lara Ewen • Aug. 7, 2024 -
Under Armour chief consumer officer exits as 26-year Adidas veteran joins the brand
Jim Dausch is leaving at the end of the month as Eric Liedtke, former brand president at Adidas, joins the company to lead brand strategy.
By Cara Salpini • Aug. 7, 2024 -
Asics is the fastest-growing sneaker brand on resale platform StockX: report
Retro styles helped Adidas’ sneaker sales on the platform double year over year, according to the trend report.
By Laurel Deppen • Aug. 6, 2024 -
Kontoor revenue falls 1% as wholesale remains a challenge
The Lee and Wrangler parent’s CEO said the company is on track to generate $100 million in profit improvement and savings through its transformation initiative.
By Laurel Deppen • Aug. 5, 2024 -
Pacsun teams with Pinterest for ‘Better in Baggy’ fall campaign
Store windows nationwide currently feature QR codes inviting consumers to shop the retailer’s curated fall collection on Pinterest.
By Jessica Deyo • Aug. 5, 2024 -
Florsheim and Psudo launch capsule collection
The seven-piece line is designed to blend tradition with sustainability, and both companies are using it as an opportunity to reach new audiences.
By Lara Ewen • Aug. 5, 2024 -
Adidas CEO: ‘You have to be more American to be successful in America’
With sales in North America down 7% in Q2, CEO Bjørn Gulden said the athletics brand is leaning into American sports like basketball and baseball.
By Cara Salpini • Aug. 2, 2024 -
Ferragamo profit plummets 73%
First-half revenue was down in every region and every product category.
By Lara Ewen • Aug. 2, 2024 -
Authentic signs new Ted Baker partners
Design, manufacturing and wholesale in the U.S. and Canada will be handled by three licensing companies.
By Lara Ewen • Aug. 2, 2024 -
Hugo Boss sales fall 1% in second quarter
The company lowered its full-year outlook as retail sales declined with momentum slowing on digital and wholesale channels.
By Lara Ewen • Aug. 1, 2024 -
Tapestry hires L’Oréal exec to lead Kate Spade
Eva Erdmann is set to take over as president and CEO against a backdrop of consistent revenue declines.
By Laurel Deppen • Aug. 1, 2024 -
Blumarine appoints new creative director
David Koma takes over the fashion house following the March departure of Walter Chiappoini, who presented only one collection before his exit.
By Lara Ewen • July 31, 2024 -
Steve Madden wholesale boosted by accessories, apparel
The footwear giant’s acquisition of Almost Famous last year continues to drive sales.
By Laurel Deppen • July 31, 2024 -
Miu Miu sales surge more than 90% in H1
The brand drove Prada Group’s revenue increases for the period, while retail sales in Japan led the company’s international growth.
By Lara Ewen • July 30, 2024 -
Q&A
Aesthetics vs. environment: How Estée Lauder balances luxury and sustainability
“We’ve been changing all these packages already,” but the public often doesn’t notice, said Rob DiPalma, VP of packaging and engineering sustainability. ELC aims to overcome that and other challenges as 2025 approaches.
By Katie Pyzyk • July 30, 2024 -
G-III increases stake in All We Wear Group
The DKNY owner is seeking to expand its presence in Europe through the deal.
By Laurel Deppen • July 29, 2024 -
Gap and Madhappy collaborate on new line
The 41-piece casualwear collection will offer pieces for men, women and children and features reimagined heritage essentials.
By Lara Ewen • July 29, 2024 -
Coach brings Spring 2024 collection to the metaverse
The Tapestry brand introduced virtual wearables and other features to Roblox and Zepeto in an effort to better reach Generation Z.
By Xanayra Marin-Lopez • July 29, 2024