Gap Inc. says more layoffs to come

The further workforce reduction comes amid a search for a permanent CEO and sales declines across all the conglomerate’s brands.

By Daphne Howland • April 25, 2023

Rochas creative director departs after just two years

Charles de Vilmorin contributed four collections to the brand.

By Laurel Deppen • April 25, 2023

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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

Chanel’s longtime president and COO stepping down in June

John Galantic has been credited with modernizing the organization and driving the brand’s profitability.

By Natalie Schwartz • April 25, 2023

Authentic Brands Group strikes deal to acquire Vince’s intellectual property

Vince Holding Corp. hopes the deal will help it strengthen its balance sheet and expand internationally.

By Laurel Deppen • April 24, 2023

Valentino reports 10% sales increase

The Italian luxury house has been reducing its reliance on wholesale by focusing only on certain distribution partners. 

By Natalie Schwartz • April 24, 2023

Snap’s chief marketing officer is moving to Levi’s

Kenny Mitchell, whose marketing resume also includes stints at McDonald’s and Gatorade, will report to CEO-designate Michelle Gass.

By Daphne Howland • April 21, 2023

Tommy Hilfiger president and chief brand officer to step down

Avery Baker, who had been with the company for more than two decades, was in charge of products, marketing and customer experiences.

By Laurel Deppen • April 21, 2023

REI swings to a loss despite record sales in 2022

The outdoor retailer saw expenses surge as it beefed up membership benefits and increased employee pay last year.

By Daphne Howland • April 20, 2023

Farfetch taps former TikTok executive to be chief marketing officer

Nick Tran, who is known for unorthodox ad campaigns, will join the company as it seeks to grow its luxury e-commerce platform.

By Natalie Schwartz • April 20, 2023

Who will lead LVMH’s fashion group division?

The current head, Sidney Toledano, will transition to another role at the company, chairman and CEO Bernard Arnault told shareholders Thursday.

By Lara Ewen • April 20, 2023

David’s Bridal owes $27.5M to vendors as it navigates bankruptcy

The wedding apparel retailer owes millions to the joint venture that procures the bulk of its merchandise outside North America.

By Ben Unglesbee • April 20, 2023

Vuori names 4 C-suite executives

The new leaders will carry out activewear company’s top priorities — including establishing a legal department and shaping human resources strategy — as it continues to expand internationally.

By Natalie Schwartz • April 18, 2023

David’s Bridal is prepared to liquidate if it can’t find a buyer

Even if the retailer does stay in business under new ownership, it’s likely to shrink its fleet of nearly 300 stores.

By Daphne Howland • April 18, 2023

Labor watchdog backs calls to increase minimum wage for Bangladeshi garment workers

The movement comes after apparel factory employees in Asian countries saw heavy pay decreases and lost work during the pandemic. 

By Natalie Schwartz • April 17, 2023

Walmart is selling Bonobos to Express, WHP Global for $75M

The retail giant paid more than four times that much when it acquired the DTC menswear brand six years ago.

By Daphne Howland • April 14, 2023

LVMH’s revenue soars 17%, though signs point to a softening US luxury market

The luxury conglomerate attributed growth to easing coronavirus restrictions in Asia and new product releases across Louis Vuitton and Tiffany & Co.

By Natalie Schwartz • April 14, 2023

Investors are tightening their belts. How can fashion companies still get funding?

Startups can still appeal to venture capital firms by finding ways to lower their customer acquisition costs and focusing on sustainability, experts said.

By Natalie Schwartz • April 13, 2023

VF Corp. shakes up top leadership at Dickies, Altra and Smartwool

The company appointed Altra’s Todd Dalhausser to helm Dickies and made other executive changes as it attempts to find its footing after its former CEO abruptly resigned in December. 

By Natalie Schwartz • April 12, 2023

Golden Goose hits 500M euros in revenue in 2022

The sneaker brand said that direct-to-consumer sales now account for 70% of the company’s total revenue.

By Howard Ruben • April 10, 2023

Zegna Group reports robust earnings despite pandemic

The Italian luxury house, which went public in 2021, reported revenues of $1.6 billion for 2022 and said it’s on track to hit $2 billion by 2025.

By Lara Ewen • April 7, 2023

Nike’s longtime chief communications officer to retire in June

Nigel Powell has steered the company through thorny political issues, including by convincing the company to stand by football star and civil rights activist Colin Kaepernick.

By Natalie Schwartz • April 7, 2023

Levi’s gets a grip on inventory as denim rebounds

Promotions helped clear a glut, but hurt Q1 margins, as lower-income consumers continue to pull back. But the brand is taking market share.

By Daphne Howland • April 6, 2023

Clergerie seeks new backer as brand relaunch flounders

The French footwear company has been placed in receivership after struggling with the fallout of the pandemic and the war in Ukraine.

By Lara Ewen • April 5, 2023

Burberry appoints former McQueen exec amid leadership hiring spree

Klaus Bierbrauer is one of several new appointments to the British luxury brand’s top leadership as it attempts to double leather goods and footwear sales.

By Natalie Schwartz • April 5, 2023

Revlon will wipe out $2.7B in debt as it exits bankruptcy later this month

The cosmetics giant will leave Chapter 11 as a private company in coming weeks, with $285 million in fresh liquidity and $1.5 billion in debt.

By Daphne Howland • April 4, 2023