Saks Fifth Avenue parent company to acquire Neiman Marcus Group for $2.6B

The rival companies will continue to operate independently and the deal is partially funded by e-commerce giant Amazon.

By Stephanie Arnold • July 8, 2024

Roller skating brand Flipper’s World names fashion insider CEO

The company, owned by model Liberty Ross in partnership with musician Usher, hired former Fear of God COO Eddie Bromberg ahead of its apparel launch.

By Lara Ewen • July 1, 2024

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

Worldly expands C-suite with 2 new hires

Kevin Vranes and Jay Gaines were brought in to work on product innovation and marketing as the sustainability data platform looks to expand its reach.

By Laurel Deppen • July 1, 2024

Nike expects more revenue declines ahead after ‘sluggish’ Q4

CEO John Donahoe said the company is “embracing a more balanced approach” to DTC and wholesale after a rough set of numbers.

By Cara Salpini • July 1, 2024

Skechers supplier accused of using forced labor

The shoe material maker and two other vendors joined the Department of Homeland Security’s list of companies banned from importing goods into the U.S.

By Kelly Stroh • June 28, 2024

TrusTrace upgrades forced labor screening

The platform’s supply chain tool uses AI to reduce “the likelihood of human error” and help fashion brands with regulatory compliance.

By Laurel Deppen • June 28, 2024

Lanvin names Peter Copping artistic director

The former head of Balenciaga couture will be the first creative lead at the luxury house since the April 2023 departure of Bruno Sialelli.

By Lara Ewen • June 27, 2024

Calvin Klein’s Jeremy Allen White ads turned heads, but the biggest impact may be to the brand’s image

“The Bear” star’s images generated $74 million in media impact value amid a years-long effort by holding company PVH to make the line more desirable.

By Laurel Deppen • June 27, 2024

Temu is a ‘data-theft business,’ Arkansas attorney general says in lawsuit

The complaint alleges the fast fashion company collects users’ personal information without permission.

By Laurel Deppen • June 26, 2024

Lawsuit claims Nike CEO John Donahoe misled investors about the success of its DTC strategy

The lawsuit alleges that Donahoe and Chief Financial Officer Matt Friend continually touted the strength of its strategy when in fact it was “unable to generate sustainable revenue growth.”

By Cara Salpini • June 26, 2024

Under Armour to pay $434M to settle lawsuit that claimed Kevin Plank misled investors

If approved, the agreement requires the retailer to keep its CEO and chair roles separate for three years and instill a performance-based condition for some executive stock benefits.

By Cara Salpini • June 25, 2024

Eastern Mountain Sports, Bob’s Stores file for bankruptcy

The chains, in a “liquidity crisis” since their bank found them to be in default, require emergency funding to make payroll Friday.

By Daphne Howland • June 24, 2024

Wolverine World Wide’s Saucony brand names global chief marketing officer

Joy Allen-Altimare is tasked with managing the line’s advertising strategies and growth.

By Lara Ewen • June 21, 2024

Gap Inc. names new CTO

Like CEO Richard Dickson, Sven Gerjets joins the apparel company from Mattel where he served as its chief technology officer.

By Tatiana Walk-Morris • June 20, 2024

Authentic appoints former Adidas exec to role in Africa

As the first general manager for the region, Warren Bowers will be tasked with expanding partnerships and spearheading strategy.

By Lara Ewen • June 18, 2024

Nordstrom nears completion on West Coast fulfillment transition

By transitioning operations to an omnichannel center, the retailer is building on its efforts to lower fulfillment costs.

By Kelly Stroh • June 13, 2024

Nearly 90% of consumers bought or sold used items in the last year: EBay

With sustainability at the forefront of their decision-making, the report finds that Gen Z and millennials are the top purchasers of circular fashion.

By Xanayra Marin-Lopez • June 12, 2024

Adidas’ Yeezy Boost and Campus 00s were the most faked sneakers received by resale platform: report

StockX found in its annual verification report that apparel and sneakers were the most susceptible categories to counterfeits.

By Laurel Deppen • June 11, 2024

Mango looks to strengthen homeware line with new leader

The Barcelona-based fashion company is looking to grow its Mango Home business with product diversification as part of its goal to reach 4 billion euros in total sales by 2026.

By Laurel Deppen • June 11, 2024

G-III buys stake in All We Wear Group

The apparel group said the deal will help it accelerate expansion in Europe, primarily in Spain, Portugal and India.

By Laurel Deppen • June 10, 2024

Lululemon CEO says it missed opportunities in the women’s business in Q1

A narrow color palette and insufficient inventory in smaller sizes contributed to slower growth in the U.S., though overall revenue was still up 10%.

By Cara Salpini • June 10, 2024

The fashion industry’s ‘urgent need’ for sustainable practices

It is “incumbent” on the industry to “bring new solutions forward,” said experts and stakeholders at the United Nations Fashion and Lifestyle Network annual meeting.

By Zoya Mirza • June 7, 2024

Kering appoints group chief brand officer

Laurent Claquin, who has been with the company since 2005, will take on the newly created role next month.

By Lara Ewen • June 7, 2024

Designer Brands acquires Canadian footwear retailer Rubino

The retailer also named a new chief marketing officer for its largest banner, DSW, as it reported flat sales for Q1.

By Nate Delesline III • June 6, 2024

CEO of Tommy Hilfiger Global, PVH Europe to step down

PVH announced Martijn Hagman’s departure on the same day it released Q1 earnings, which showed a 10% revenue decrease.

By Laurel Deppen • June 5, 2024