Francesca’s snaps up basics brand Richer Poorer

Two years out of bankruptcy and under private equity ownership, the mall-based retailer said it’s on the lookout for more acquisitions.

By Daphne Howland • May 2, 2023

Estée Lauder hires exec team as it completes acquisition of Tom Ford

The deal valued the total enterprise at $2.8 billion, and ELC paid approximately $2.25 billion at closing.

By Lara Ewen • May 1, 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

Adidas sued in class-action lawsuit involving Yeezy partnership

Investors are seeking to recover damages from the value of Adidas shares after reports that the German company’s top leadership knew of risks involving Kanye West before it was made public.

By Laurel Deppen • May 1, 2023

Chanel names Stephane Blanchard president of US region

Blanchard comes from Chanel Korea, and he’s previously held roles helping the luxury brand’s Russian and German operations.

By Natalie Schwartz • May 1, 2023

Skechers logs record $2B in sales in first quarter

Executives attribute the growth to customer satisfaction and successful ad campaigns, including a Super Bowl commercial featuring Martha Stewart and Snoop Dogg.

By Lara Ewen • April 28, 2023

NakedCashmere taps former Victoria’s Secret exec for CEO

Patti Cazzato is stepping into the role as the company gears up for expansion after being acquired by Naga Brands and BlueSentinel last year.

By Laurel Deppen • April 28, 2023

Crocs raises full-year guidance as HeyDude doubles revenue

The company is investing in the smaller brand's growth by expanding its distribution capabilities and wholesale partners.

By Nate Delesline III • April 28, 2023

Mugler names Adrian Corsin managing director

Corsin takes over from Pascal Conte-Jodra as the luxury house pursues buzzy collaborations with the likes of H&M and Wolford.

By Natalie Schwartz • April 28, 2023

Gap lays off 1,800 employees amid major restructuring

The massive downsizing is part of an effort to peel away management layers and slash expenses.

By Daphne Howland • April 27, 2023

Many apparel companies don’t tie sustainability goals to executive compensation, report finds

Planet Tracker analyzed the top 30 fashion and apparel companies based on adjusted revenue to determine which were tying pay to climate goals.

By Natalie Schwartz • April 27, 2023

Puma Q1 sales rise 14.4% despite North American revenue dip

The German company said growth in other areas helped offset those losses, particularly in the Greater China region.

By Natalie Schwartz • April 26, 2023

Kering posts mixed earnings, with Gucci sales rising 1%

The luxury conglomerate brought in about $5.6 billion, with sales nearly flat as declining wholesale revenue eats up the company’s financial gains.

By Natalie Schwartz • April 26, 2023

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

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