Corporate/Finance


  • Two people stand for a professional photo.
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    Courtesy of Hugo Boss
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    Hugo Boss launches independent recycling, reuse company

    Eightyards will begin operations in January and manage the group’s waste but is eyeing expansion beyond fashion.

    By Dec. 19, 2024
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    Courtesy of Puig
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    Puig to acquire Charlotte Tilbury by 2031

    The two companies’ strategic partnership will extend until Puig assumes ownership, and Charlotte Tilbury Limited will retain minority brand ownership until then.

    By Dec. 18, 2024
  • Models in colorful clothes walk the runway during the Pharrell Williams Louis Vuitton Menswear Spring/Summer 2024 show finale as part of Paris Fashion Week. Explore the Trendline
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    Aurelien Meunier via Getty Images
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    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
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    Pascal Le Segretain via Getty Images
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    9 luxury brands that made creative director changes in 2024

    Some of the departing designers exited their roles for new high-profile jobs while others have not announced future plans, leaving 2025 open to even more shifts.

    By Dec. 18, 2024
  • An Express storefront at King of Prussia mall in Pennsylvania
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    Permission granted by Express
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    SEC charges Express with failing to disclose $1M in perks to former CEO

    The agency did not impose a penalty, though, in part because the apparel retailer self-reported.

    By Kaarin Moore • Dec. 18, 2024
  • A closeup as two people in wire-frame glasses pose for the camera.
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    Retrieved from L'amy on December 17, 2024
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    L’amy eyewear extends Champion licensing agreement

    In partnership with the athleticwear brand’s new owner, Authentic Brands Group, the optical and sunglass firm has agreed to continue its relationship.

    By Dec. 17, 2024
  • Vera Wang at the Met Gala.
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    Aliah Anderson via Getty Images
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    Vera Wang sells namesake brand to WHP Global

    Wang will become a shareholder and continue to lead the label’s creative direction.

    By Dec. 16, 2024
  • A man in a white suit and a woman in a blue denim gown stand in front of photographers.
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    Dimitrios Kambouris via Getty Images
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    4 designers who moved downmarket in 2024

    As younger consumers gravitate toward streetwear and shy away from luxury, new creative directors are bringing an elevated aesthetic to accessible fashion.

    By Dec. 16, 2024
  • Tall trees in front of a bike, boat and ski store.
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    Daphne Howland/Fashion Dive
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    L.L. Bean confirms layoffs of up to 3% of Maine HQ workforce

    The outdoor brand earlier this year announced plans to expand its store footprint, despite sales declines in 2023.

    By Daphne Howland • Dec. 16, 2024
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    Tetiana Soares via Getty Images
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    Need a de minimis strategy? Here are 4 questions every shipper should ask.

    Shipping using Section 321 is not a good idea for every e-commerce company, logistics experts say.

    By Edwin Lopez • Dec. 13, 2024
  • A person in jeans and a white T-shirt waves at the back of a fashion runway as the audience applauds from the sidelines.
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    Danny E. Martindale via Getty Images
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    Bottega Veneta names Louise Trotter creative director

    The designer will leave her role at Carven in early 2025 and succeeds Matthieu Blazy, who is taking on the role of artistic director of fashion activities at Chanel.

    By Dec. 13, 2024
  • Two women in white lab coats that read "Rubi" stand with crossed arms and smile at the camera.
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    Courtesy of Rubi
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    Materials technology firm awarded $1M grant

    Rubi, which already has partnerships with H&M, Patagonia and Reformation, said it will use the funds to scale and eventually commercialize its carbon-to-cellulose platform.

    By Dec. 12, 2024
  • A closeup of a phone homescreen showcasing the Temu and Shein apps.
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    Stock via Getty Images
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    Shein, Temu suspended from selling in Vietnam

    The fast fashion companies must register their businesses with the country’s e-commerce and digital economy agencies.

    By Dec. 12, 2024
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    Dimitrios Kambouris via Getty Images
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    John Galliano to leave Maison Margiela

    The designer, who has been with the OTB-owned label for a decade, did not disclose his next move and a successor has not been named.

    By Dec. 11, 2024
  • A Karl Lagerfeld storefront.
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    Nadine Rupp/Getty Images for Schoeller & von Rehlingen via Getty Images
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    G-III shares jump following better-than-expected earnings results

    The Donna Karan owner reported a 2% increase in net sales in Q3.

    By Dec. 11, 2024
  • An interior wall of a store features three red horse heads alongside handbag displays.
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    Courtesy of Authentic Brands Group
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    Authentic announces South Africa partnership for Ted Baker brand

    The deal with Ares Holdings will include the opening of two retail stores, as well as select menswear and womenwear distribution.

    By Dec. 11, 2024
  • A Reebok storefront in New York City
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    Cara Salpini/Fashion Dive
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    Reebok undergoes layoffs tied to footwear business

    Sparc, which runs the sportswear brand’s U.S. operations, is making cuts as it transfers some of its Reebok licenses.

    By Cara Salpini • Dec. 11, 2024
  • A Shein building is seen across a parking lot, with an American flag to its side.
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    jetcityimage via Getty Images
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    Shein launches independent advisory boards for ESG, corporate responsibility issues

    The groups will work with the fast fashion company’s leaders on how to reach the commitments it laid out in its EvoluSHEIN plan.

    By Dec. 10, 2024
  • Merrell steps up definition of hiking to match versatile shoe design
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    Courtesy of Merrell
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    Merrell taps Under Armour veteran as chief product officer

    In addition to spending nearly 11 years at the athletics brand, Noreen Naroo-Pucci also has experience from Mizzen+Main and Calvin Klein.

    By Howard Ruben • Dec. 10, 2024
  • A man, designer Matthew Williams, holds his hands at the back of a fashion runway as viewers applaud from the sidelines.
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    Pascal Le Segretain via Getty Images
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    4 luxury brands that filled empty creative seats in 2024

    In some cases, vacancies lasted years. In others, roles were open for only a few months.

    By Dec. 9, 2024
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    Stock Photo via Getty Images
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    FTC cracks down on 3 clothing companies for false ‘Made in USA’ claims

    The Federal Trade Commission is refunding $140,000 to consumers after the New England-based companies lied about where they manufactured their products. 

    By Joelle Anselmo • Dec. 9, 2024
  • A closeup of a person wearing platform Nikes.
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    Keith Tsuji via Getty Images
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    Nike was the top brand for influencer marketing in the US this year

    Luxury, fast fashion and athleticwear brands all ranked highly for social media content reach and engagement, according to a report from Traackr.

    By Dec. 6, 2024
  • Models walk the runway wearing Tommy Hilfiger clothing.
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    JP Yim via Getty Images
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    PVH names new CEO of Americas

    The Calvin Klein and Tommy Hilfiger parent company announced the hire along with its Q3 earnings, in which it saw revenue decline 5%.

    By Dec. 5, 2024
  • A person in a white T-shirt and beige trench coat stands against a pink backdrop.
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    Jamie McCarthy via Getty Images
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    Joseph Altuzarra to become CEO of his namesake company

    The founder and creative director will take on the role at the beginning of 2025, succeeding Shira Sue Carmi, who will take a seat on the company’s board.

    By Dec. 3, 2024
  • A person is seen walking into a lululemon storefront.
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    Justin Sullivan/Getty Images via Getty Images
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    DEI failures contributed to a drop in stock prices, Lululemon shareholder alleges

    Lululemon’s DEI initiative was “misguided” and its structure raised ethical concerns, the shareholder said in a derivative action lawsuit filed on behalf of the company.

    By Emilie Shumway • Dec. 3, 2024
  • A closeup of a pair of Lee blue jeans, showing the label.
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    The image by Jamiecat * is licensed under CC BY 2.0
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    Lee steps into footwear through new licensing deal

    A new collection of men’s shoes will launch in the second half of 2025 through an agreement with Jack Schwartz Shoes.

    By Dec. 2, 2024