Corporate/Finance: Page 36
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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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