Nordstrom revives namesake brand

The new line, which features footwear and accessories, is part of a revamp following lagging Q4 sales at full-line stores.

By Laurel Deppen • March 19, 2024

Outdoor Voices shutters all stores

The activewear brand, once a DTC darling, told staff last week it would close stores as it shifts to an online-only model.

By Caroline Jansen • March 19, 2024

Explore the 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

Under Armour puts founder Kevin Plank back in charge as CEO Stephanie Linnartz exits

Come April 1, the athletics brand founder will take the helm once more. Linnartz, who is stepping down, has been CEO for barely a year.

By Cara Salpini • Updated March 14, 2024

Workers’ rights and environmental legislation endorsed by European Union

The Corporate Sustainability Due Diligence Directive would require companies to take responsibility for detecting and remedying problems in their supply chains.

By Lauren Schenkman • March 15, 2024

Walter Chiappoini leaves Blumarine

The creative director exits the brand after presenting his first collection in February during Milan Fashion Week.

By Lara Ewen • March 14, 2024

Textile recycling company Infinited Fiber closes $43.8M funding round

The news comes after Renewcell, its competitor in the recycled materials space, filed for bankruptcy due to lack of funding.

By Laurel Deppen • March 14, 2024

Allbirds taps new CEO, plans store closures

COO Joe Vernachio takes over from co-founder Joey Zwillinger on Friday as the DTC brand reported a 15% sales drop in 2023.

By Cara Salpini • March 14, 2024

Browning West files legal complaint against Gildan Activewear

The move comes amid a proxy battle that began with the December 2023 ousting of former CEO Glenn Chamandy.

By Laurel Deppen • March 13, 2024

Tod’s revenue rises almost 12% amid privatization plan

The company, which saw sales increase across all brands and regions in 2023, is preparing to move forward with an L Catterton-backed delisting.

By Lara Ewen • March 13, 2024

Matches enters administration nearly three months after being purchased

The Frasers Group said that restructuring the luxury e-commerce business would require “too much change.”

By Laurel Deppen • March 12, 2024

American Eagle ‘refocused’ logistics arm amid third-party business woes

The retailer faced $98.3 million in impairment and restructuring charges from Quiet Platforms in Q4 as it adjusted to reduced e-commerce fulfillment demand.

By Max Garland • March 12, 2024

Gap, Old Navy make progress on long road to recovery

New Gap Inc. CEO Richard Dickson touted market share gains at the company’s biggest brands, but analysts say they have further to go.

By Daphne Howland • March 11, 2024

Hugo Boss posts modest 2024 fiscal outlook

Although the company saw record sales in 2023, significantly lowered expectations for the coming year caused stock prices to plummet.

By Lara Ewen • March 8, 2024

Prada Group revenues up 13% in 2023, although sales in the Americas lag

Miu Miu underpinned growth for the fashion house due in part to the brand’s popular cardigans and ballet flats, which kicked off a librarian-chic trend.

By Lara Ewen • March 7, 2024

Salvatore Ferragamo sees revenue slip 7.6%

The Italy-based house attributed declines in its retail segment to the softening luxury market, especially during the second half of 2023.

By Laurel Deppen • March 7, 2024

Birkenstock’s expanding production capacity lifts sales as it eyes more growth ahead

The footwear brand plans to double capacity in the next three years, spending tens of millions of dollars along the way. 

By Ben Unglesbee • March 7, 2024

Investors throw another $800M onto Macy’s takeover bid

Arkhouse Management and its partners have upped their offer to $6.6 billion despite the department store’s refusal to share financial information.

By Daphne Howland • March 6, 2024

New majority-stake owners of The Children’s Place come through with funds, shake up board

Saudi investment firm Mithaq Capital is providing $78.6 million in interest-free, unsecured and subordinated term loans.

By Daphne Howland • March 4, 2024

Kontoor revenue falls 8% in Q4

The previous quarter’s boost from a Barbie collaboration was no longer visible, and full-year earnings dropped 1% in fiscal 2023.

By Lara Ewen • March 1, 2024

Wolverine World Wide lays off 150 at distribution center

The company is permanently closing its operations in Louisville, Kentucky, after previously saying its Saucony and Sperry brands would continue to operate out of the facility.

By Laurel Deppen • Updated March 12, 2024

Zulily IP assets put up for sale

The sale includes customer data, domain names, over 200 trademarks and code for the Zulily proprietary app. 

By Tatiana Walk-Morris • March 1, 2024

Moncler revenue up 15% to almost $3.2B in 2023

The record-setting results were driven by strong DTC sales for both the Moncler and Stone Island brands, despite wholesale declines for the two lines.

By Lara Ewen • Feb. 29, 2024

Steve Madden sees revenue turnaround in Q4

The footwear and apparel company’s DTC revenue increased after five consecutive quarters of declines.

By Laurel Deppen • Feb. 29, 2024

After tamping down marketing spend, Rent the Runway brings on new chief marketing officer

Natalie McGrath comes from Afterpay, with experience at apparel brands including Bandier, Coach, Alexander Wang and Net-A-Porter.

By Daphne Howland • Feb. 29, 2024

Coupang wants to transform the luxury fashion customer experience

On its Q4 earnings call, CEO Bom Kim said his company was confident that buying Farfetch was a prudent financial decision.

By Lara Ewen • Feb. 28, 2024