Corporate/Finance: Page 25
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Authentic Brands Group to acquire Boardriders
Buying Billabong and Quiksilver’s parent company aligns with ABG's goal to grow its international presence.
By Natalie Schwartz • April 4, 2023 -
Deep Dive
Outsiders are taking over fashion companies. Are they here to stay?
Fashion companies are looking beyond their ranks to find leaders who are well versed in technology and supply chain issues.
By Christopher Blomquist • April 3, 2023 -
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 -
Express faces NYSE delisting
The apparel retailer may enact a reverse stock split — subject to board and stockholder approval — in order to reach compliance.
By Kaarin Vembar • April 3, 2023 -
Roberto Cavalli taps Dsquared2 alum as new CEO
Sergio Azzolari will be expected to continue the brand’s turnaround after it filed for bankruptcy protection in 2019.
By Natalie Schwartz • April 3, 2023 -
Inventory up 34% at PVH as orders ship faster, earlier
As supply chain disruption eases, the owner of the Calvin Klein and Tommy Hilfiger brands is getting back to normal product flow.
By Ben Unglesbee • April 3, 2023 -
Under Armour names Steph Curry president of Curry Brand in expanded partnership
As part of the deal, Curry’s influence at the brand will now expand to include golf, women’s, youth and sportstyle categories.
By Cara Salpini • March 31, 2023 -
Moschino’s general manager, Stefano Secchi, is out
The departure comes after a tumultuous month for the house, which recently saw the exit of Creative Director Jeremy Scott and Michelle Stein, president of parent company Aeffe’s USA division.
By Lara Ewen • March 31, 2023 -
Lululemon revenue surges 30% in 2022, but Mirror drags down results
The retailer took a $443 million impairment charge on the home workout business in Q4 as it pivots to an app-focused content model.
By Cara Salpini • March 29, 2023 -
J. Crew undergoes layoffs
The apparel retailer has “made decisions to support efficiency and long-term growth,” according to a company spokesperson.
By Kaarin Vembar • March 28, 2023 -
Scotch & Soda acquired by Bluestar Alliance
The fashion lifestyle brand filed for bankruptcy in the Netherlands last week, and now joins a portfolio that includes Justice and Brookstone.
By Dani James • March 27, 2023 -
Fed hikes main rate by quarter-point, notes ‘resilient’ banking system
The central bank tightened borrowing costs despite banking instability as inflation persists well above its 2% target.
By Jim Tyson • March 22, 2023 -
Nike touts ‘tremendous progress’ on inventory as sales grow 14%
Much of the retailer’s recent revenue surge has been driven by markdowns, analysts said, and inventory is still up 16% year over year.
By Cara Salpini • March 22, 2023 -
Jeremy Scott exits creative director role at Moschino
The American designer took over in 2013 and brought his signature sense of humor to the whimsical Italian luxury brand.
By Lara Ewen • March 21, 2023 -
Deep Dive
Fashion makeover: 5 ways to rethink the industry in 2023
Analysts say brands have to look beyond NFTs and buzzy collaborations to bring greater agility to its supply chain, transparency to its sustainability efforts and practicality to its tech adoption.
By Lara Ewen , Shaun Lucas • March 20, 2023 -
‘An existential threat’: Brands react to Silicon Valley Bank’s collapse
SVB was closed on Friday and taken over by federal regulators, leaving some brands in the dark about how they would access their capital.
By Dani James • March 13, 2023 -
More shakeup at Gap Inc. as sales fall, losses mount
The apparel retailer said it’s close to naming a new CEO, but announced the exit of a few executives, including Athleta chief Mary Beth Laughton.
By Daphne Howland • March 10, 2023 -
Nike taps new head of women’s, DEI
Changes on the DTC side of the business will help support its digital-led strategy, the company said.
By Cara Salpini • March 8, 2023 -
Levi’s CEO: ‘The skinny jean is not going anywhere’
Baggy styles are on-trend and selling, but the closet staple is hanging around. Meanwhile, the company sees inventory returning to normal by mid-year.
By Daphne Howland • Jan. 26, 2023
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