Puma reports increased sales in footwear segment, normalized inventory

The sportswear giant reaffirmed its full fiscal year projections while the brand’s wholesale and DTC businesses saw strong increases.

By Laurel Deppen • Oct. 24, 2023

Richemont and Farfetch receive antitrust clearance on YOOX Net-a-Porter deal

Farfetch will receive a 47.5% stake in the online luxury platform in exchange for shares in Richemont.

By Lara Ewen • Oct. 23, 2023

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

Steve Madden acquires Almost Famous in $52M deal

Prior to the purchase, the apparel brand was the exclusive licensee of Madden NYC.

By Laurel Deppen • Oct. 23, 2023

Ferragamo revenues slide 8.3% as retail and wholesale channels lag

North American regional sales dropped more than 20% and global sales were down in every product category.

By Lara Ewen • Oct. 20, 2023

David’s Bridal promotes slate of company veterans in preparation for post-bankruptcy turnaround

The special-occasion apparel chain struggled after its previous Chapter 11 exit in 2018 as the pandemic roiled its business.

By Daphne Howland • Oct. 20, 2023

Boardriders lays off 84 California employees, including C-Suite members

The news comes after the company was acquired by Authentic Brands Group last month.

By Laurel Deppen • Oct. 19, 2023

Activist firm calls VF Corp. under ex-CEO a ‘death star,’ demands $300M in cost cuts and a board shakeup

But some proposals floated by Engaged Capital are already in place under new CEO Bracken Darrell and could take time to bear fruit, Wedbush said.

By Daphne Howland • Oct. 19, 2023

Under Armour taps Gap veteran as chief supply chain officer

Shawn Curran joins the footwear and apparel brand after three decades with Gap.

By Alejandra Carranza • Oct. 18, 2023

Apparel firms rank in top 100 public companies on ESG disclosures

The 100 Best Corporate Citizens report found that Nike, VF Corp. and Ralph Lauren got top marks in environmental and social practices.

By Laurel Deppen • Oct. 18, 2023

Moschino appoints new creative director

Davide Renne, formerly head designer of womenswear at Gucci, will take on the role that's been vacant since Jeremy Scott's departure in March.

By Lara Ewen • Oct. 16, 2023

Birkenstock slides 12% in public market debut

The footwear brand began trading at $41 a share on Wednesday after pricing its IPO at $46.

By Caroline Jansen • Oct. 13, 2023

Levi’s brings inventory under control, expands supplier base

The apparel company has made swift progress in cleaning up its stock recently after a “tough” time trying to operate its distribution centers.

By Ben Unglesbee • Oct. 12, 2023

Skechers granted an injunction against Dockers for alleged patent infringement

A regional court in Germany has prohibited Dockers from selling a slip-on style shoe in the European Union.

By Laurel Deppen • Oct. 11, 2023

Adidas President of North America Rupert Campbell to exit

Arthur Hoeld, who is already responsible for global sales at Adidas, will take over Campbell’s responsibilities until a replacement is found.

By Cara Salpini • Oct. 11, 2023

LVMH revenue up 1% in Q3 as luxury’s boom slows

The company’s fashion and leather goods division saw a 9% increase, but growth has slowed following a more robust first half of the year.

By Lara Ewen • Oct. 11, 2023

Nike kicks the inventory doldrums with levels down 10%

The sportswear giant has come a long way from a year ago, when stock levels were surging with retailers and consumers pulling back on purchasing.

By Ben Unglesbee • Oct. 10, 2023

Pandora looks to retail expansion for growth

The jewelry brand set new financial targets for revenue and free cash flow related to its Phoenix growth strategy.

By Dani James • Oct. 9, 2023

Chloé names a new creative director

Chemena Kamali replaces Gabriela Hearst, who left the Richemont-owned house earlier this year.

By Lara Ewen • Oct. 9, 2023

Levi’s posts flat revenue for Q3, cuts full-year guidance

The company cut its outlook for the second consecutive quarter, stating its approach was cautious due to macro-environment uncertainty.

By Nate Delesline III • Oct. 6, 2023

Shein names new group vice chairman

Marcelo Claure was most recently chairman of Shein Latin America.

By Laurel Deppen • Oct. 6, 2023

Birkenstock sets sights on valuation of up to $9.2B

As its revenue continues to increase, the footwear brand expects its IPO pricing to be between $44 and $49 per ordinary share.

By Dani James • Oct. 4, 2023

Alexander McQueen names new creative director

Seán McGirr, who previously worked at JW Anderson and Dries Van Noten, will take over for Sarah Burton, who announced her exit in September after 27 years with the house.

By Lara Ewen • Oct. 3, 2023

Birdy Grey builds out C-suite with new COO, CTO hires

The DTC bridal brand brought on a new operating chief following Eloquii co-founder Steve Zawada's exit in June after about six months.

Oct. 3, 2023

Vestiaire Collective names new head of global communications

Lauren Picciano comes to the luxury reseller after spending more than 15 years working in public relations for Saks, Bergdorf Goodman, Hearst and La Perla.

By Lara Ewen • Oct. 2, 2023

Nike says better profitability is on the horizon as net income edges down in Q1

Chief Financial Officer Matt Friend said the athleticwear brand expects to be “a more direct and a more digital company and a more profitable company” going forward.

By Cara Salpini • Oct. 2, 2023