Burberry issues early profit warning

An overall luxury sector decline and weak December sales will produce lower-than-expected results and impact the company’s fiscal year.

By Lara Ewen • Jan. 12, 2024

7 fashion industry trends to watch in 2024

The coming year will bring fast fashion battles, more mergers and acquisitions, an evolution of luxury and a presidential election, and that’s just for starters.

By Laurel Deppen and Lara Ewen • Jan. 12, 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

Nike executive Andrew Campion to exit after 17 years

The former COO and CFO will depart to a job in higher education, as the retailer undergoes efforts to streamline the organization.

By Nate Delesline III • Jan. 12, 2024

Authentic buys Sperry from Wolverine for $70M

Aldo Group will handle the struggling boat shoe brand’s North American wholesale and retail operations as well as design, production and global distribution.

By Lara Ewen • Updated Jan. 11, 2024

Authentic CEO: Buying Forever 21 ‘biggest mistake I made’

Jamie Salter also says Shein makes “a lot more than $30 billion” and hinted that the brand licensing firm could IPO in the next 18 months.

By Cara Salpini • Jan. 11, 2024

Nike, Tiger Woods end partnership after 27 years

For nearly three decades, Woods was wearing Nike during some of his most memorable athletic achievements.

By Nate Delesline III • Jan. 10, 2024

5 fashion lawsuits to watch in 2024

As the new year begins, some years-old fashion cases are going to trial, and newer cases may be changing venues.

By Laurel Deppen • Jan. 10, 2024

Wolverine reports Q4 revenue of $527 million

The company said numbers from its preliminary 2023 financial results were in-line with its November guidance, and added that both its inventory and debt had been reduced.

By Lara Ewen • Jan. 10, 2024

Biomaterials firm backed by Kering raises 11 million euros

Mogu Srl has completed Series A funding and plans to launch a demo production plant, expand its team and increase its research and development efforts.

By Lara Ewen • Jan. 9, 2024

Rent the Runway to cut 10% of its corporate workforce, COO resigns

The designer rental service is launching a restructuring plan, which it says will result in $11 million to $13 million in annualized run rate cash savings.

By Laurel Deppen • Jan. 9, 2024

Chico’s CEO out as brands join Sycamore holding company

Molly Langenstein took over the top job four years ago amid slumping sales and a tumultuous period for the women’s apparel company.

By Daphne Howland • Jan. 9, 2024

Legal fight between Chanel and What Goes Around Comes Around continues

The French house accused the luxury reseller of false advertising and misleading use of Chanel’s trademarks.

By Laurel Deppen • Jan. 8, 2024

Chico’s joins Sycamore’s KnitWell Group

Last year the private equity firm announced it would acquire the apparel conglomerate for $1 billion.

By Daphne Howland • Jan. 8, 2024

Stella McCartney losses narrow as company reports 23% revenue uptick

The company said the improvement is in line with its “trajectory towards break-even.”

By Lara Ewen • Jan. 5, 2024

Authentic lands licensing deal for DC Shoes

BBC International will handle global design, wholesale distribution and sourcing for the skate brand, which Authentic acquired in the Boardriders portfolio.

By Laurel Deppen • Jan. 5, 2024

4 brands heading into 2024 without creative directors

After a carousel of designer comings and goings, a few high-profile vacancies remain as the new year begins.

By Lara Ewen • Jan. 3, 2024

Zulily goes out of business, plans to liquidate

The retailer has entered an assignment for the benefit of creditors, an alternative to bankruptcy, after seven months under private equity ownership. 

By Nate Delesline III • Jan. 3, 2024

Digital Brands Group expects to earn $27M in revenue in 2024

The company, which is undergoing a strategic review, said it is working to boost shareholder value.

By Laurel Deppen • Updated Jan. 4, 2024

Wolverine Worldwide appoints chief supply chain officer

In the newly created role, Bishu Jayaram will be responsible for the footwear company’s sourcing, distribution and logistics.

By Laurel Deppen • Dec. 21, 2023

Renewcell secures $9.8M in short-term funding

The new capital comes after the textile recycling firm reported underperforming Q3 sales.

By Lara Ewen • Dec. 21, 2023

Frasers Group acquires Matches in $65.9M deal

The deal helps the U.K. conglomerate, which also owns Flannels, strengthen its position in the luxury market.

By Laurel Deppen • Dec. 20, 2023

With website down, Zulily’s future in doubt

The e-commerce retailer's website is currently "down for maintenance," following layoffs.

By Nate Delesline III • Dec. 20, 2023

More Gildan Activewear shareholders call for CEO reinstatement

Jarislowsky Fraser Ltd., reportedly the largest shareholder of the apparel company, is asking the board to dismiss its chairman following the decision.

By Laurel Deppen • Dec. 19, 2023

Farfetch and Coupang deal has consequences for luxury, e-commerce: analysts weigh in

The newly announced acquisition deal may signal a new path forward for the struggling platform, but challenges remain.

By Lara Ewen • Dec. 19, 2023

VF Corp. reports stolen data from cybersecurity incident

The attack last week has impacted the apparel conglomerate’s ability to fulfill orders.

By Laurel Deppen • Dec. 18, 2023