Retail: Page 5

  • A Ross Dress for Less Storefront is shown at night, while customers walk towards it in the parking lot.
    Image attribution tooltip
    Photo by David McNew/Getty Images via Getty Images
    Image attribution tooltip

    High levels of lead found in off-price fashion accessories: report

    The Center for Environmental Health said it detected the chemical in products from Ross and Burlington stores in California.

    By Lauren Schenkman • March 18, 2024
  • A person with an umbrella walks in front of a Chanel store.
    Image attribution tooltip
    Hollie Adams/Getty Images via Getty Images
    Image attribution tooltip

    Chanel seeks permanent injunction against What Goes Around Comes Around

    The years-long case could spur luxury companies to take a “more assertive stance” on protecting their brand integrity, a former FTC attorney says.

    By • March 15, 2024
  • Exterior of an Allbirds store in Washington, D.C.'s Georgetown neighborhood
    Image attribution tooltip
    Caroline Jansen/Fashion Dive
    Image attribution tooltip

    Allbirds taps new CEO, plans store closures

    COO Joe Vernachio takes over from co-founder Joey Zwillinger on Friday as the DTC brand reported a 15% sales drop in 2023.

    By Cara Salpini • March 14, 2024
  • Multiple people walk in front of a Matches storefront. The window display shows three mannequins.
    Image attribution tooltip
    The image by Philafrenzy is licensed under CC BY-SA 4.0
    Image attribution tooltip

    Matches enters administration nearly three months after being purchased

    The Frasers Group said that restructuring the luxury e-commerce business would require “too much change.”

    By • March 12, 2024
  • An American Eagle storefront at a mall
    Image attribution tooltip
    Cara Salpini/Fashion Dive
    Image attribution tooltip

    American Eagle ‘refocused’ logistics arm amid third-party business woes

    The retailer faced $98.3 million in impairment and restructuring charges from Quiet Platforms in Q4 as it adjusted to reduced e-commerce fulfillment demand.

    By Max Garland • March 12, 2024
  • A diverse group of people in various poses wearing black clothing.
    Image attribution tooltip
    Courtesy of Gap Inc.
    Image attribution tooltip

    Gap, Old Navy make progress on long road to recovery

    New Gap Inc. CEO Richard Dickson touted market share gains at the company’s biggest brands, but analysts say they have further to go.

    By Daphne Howland • March 11, 2024
  • Models wear sportswear pieces and walk across a stage as one models stands alone in the center staring at the camera.
    Image attribution tooltip
    Courtesy of H&M
    Image attribution tooltip

    H&M launches its H2 Exchange circular fashion initiative

    The program, created in partnership with designer Heron Preston, seeks to bring sustainable clothing concepts to a younger, wider audience.

    By Howard Ruben • March 8, 2024
  • Three people sit outside in sleeping bags.
    Image attribution tooltip
    Courtesy of REI Co-op
    Image attribution tooltip

    REI releases first nongendered apparel collection for adults

    The company also said it is transitioning its in-house brand away from gender-specific merchandise “where it makes sense.”

    By Tatiana Walk-Morris • March 8, 2024
  • A closeup of a Macy's sign with a signature red star sits atop a store entrance overhang.
    Image attribution tooltip
    Daphne Howland/Fashion Dive
    Image attribution tooltip

    Investors throw another $800M onto Macy’s takeover bid

    Arkhouse Management and its partners have upped their offer to $6.6 billion despite the department store’s refusal to share financial information.

    By Daphne Howland • March 6, 2024
  • A sign on a J. Crew store on 5th Avenue in New York City.
    Image attribution tooltip
    Bryan Thomas via Getty Images
    Image attribution tooltip

    J.Crew launches swimwear takeback program

    The recycling initiative, in partnership with SuperCircle, will give consumers shopping credit in exchange for used bathing suits from any brand.

    By Howard Ruben • March 4, 2024
  • A mall entrance to a store.
    Image attribution tooltip
    "The Children's Place" by Mike Mozart is licensed under CC BY 2.0
    Image attribution tooltip

    New majority-stake owners of The Children’s Place come through with funds, shake up board

    Saudi investment firm Mithaq Capital is providing $78.6 million in interest-free, unsecured and subordinated term loans.

    By Daphne Howland • March 4, 2024
  • A denim storefront for Lee and Wrangler jeans
    Image attribution tooltip
    Courtesy of Kontoor
    Image attribution tooltip

    Kontoor revenue falls 8% in Q4

    The previous quarter’s boost from a Barbie collaboration was no longer visible, and full-year earnings dropped 1% in fiscal 2023.

    By • March 1, 2024
  • Coupang sign on company headquarters as seen from outside on a sunny day.
    Image attribution tooltip
    Michael Vi via Getty Images
    Image attribution tooltip

    Coupang wants to transform the luxury fashion customer experience

    On its Q4 earnings call, CEO Bom Kim said his company was confident that buying Farfetch was a prudent financial decision.

    By • Feb. 28, 2024
  • Pairs of Yeezys.
    Image attribution tooltip
    Courtesy of Adidas
    Image attribution tooltip

    The latest Yeezy drop from Adidas is online only

    The activewear company earlier this month announced plans to shed existing inventory from its previous partnership with Ye.

    By Tatiana Walk-Morris • Feb. 28, 2024
  • Two people with shopping bags.
    Image attribution tooltip
    Courtesy of Nordstrom
    Image attribution tooltip

    ‘Treat yourself’ culture: Here’s what the numbers say

    Holiday spending habits at the end of last year bring into focus the need for messaging around “the importance of you,” per the Why Group.

    By Sara Karlovitch • Feb. 26, 2024
  • Lululemon storefront.
    Image attribution tooltip
    Kaarin Vembar/Fashion Dive
    Image attribution tooltip

    Lululemon advances circular fashion with recycled nylon product

    The activewear brand partnered with Samsara Eco to introduce an enzymatically recycled nylon 6,6 product in what the companies say is a milestone in textile recycling.

    By Tatiana Walk-Morris • Feb. 23, 2024
  • Models walk on a fashion runway.
    Image attribution tooltip
    Pascal Le Segretain via Getty Images
    Image attribution tooltip

    Lanvin Group reports 1% revenue growth for 2023

    The Lanvin brand saw a 7% year-over-year decline, while the Caruso brand saw a 30% revenue increase for the period.

    By • Feb. 22, 2024
  • Two people stare at the screen, arms akimbo, wearing printed wrap dresses with slicked back hair.
    Image attribution tooltip
    Courtesy of Diane von Furstenberg for Target
    Image attribution tooltip

    Target to release designer collaboration with Diane von Furstenberg

    The limited-edition collection launches in March and will include apparel, accessories, cosmetics and home products.

    By • Feb. 21, 2024
  • At the main entrance to Macy's in New York, a gilded clock and the original "R.H. Macy & Co." sign sit above the modern logo.
    Image attribution tooltip
    Daphne Howland/Fashion Dive
    Image attribution tooltip

    Macy’s faces proxy fight after rejecting takeover bid

    Will investors be tempted by the idea of capitalizing on the department store's real estate holdings?

    By Daphne Howland • Feb. 21, 2024
  • A man, José Neves, stands and smiles at the camera while wearing a black t-shirt under a blazer.
    Image attribution tooltip
    Pascal Le Segretain via Getty Images
    Image attribution tooltip

    José Neves will step down as Farfetch CEO

    The move comes two weeks after Coupang completed its acquisition of the luxury e-commerce platform.

    By • Feb. 16, 2024
  • A Children's Place storefront is pictured in a mall, with signs advertising a sale.
    Image attribution tooltip
    "The Children's Place" by Mike Mozart is licensed under CC BY 2.0
    Image attribution tooltip

    The Children’s Place may get a reprieve as investor takes majority stake

    Mithaq Capital has taken a 54% share, will nominate 11 people to the apparel retailer's board, and has offered to help shore up its liquidity.

    By Daphne Howland • Feb. 16, 2024
  • A pair of tortoise-shell Ray-Ban sunglasses sits on a lighted platform.
    Image attribution tooltip
    Kevin Parry via Getty Images
    Image attribution tooltip

    EssilorLuxottica posts steady revenue growth for third consecutive year

    The eyewear manufacturer benefited from a 5% revenue boost in the EMEA region as well as a strong demand for luxury frames in China.

    By • Feb. 15, 2024
  • Julie Legrand, Puma's director of global brand strategy.
    Image attribution tooltip
    Courtesy of Puma
    Image attribution tooltip

    Puma taps H&M vet to lead global brand strategy

    Julie Legrand, who also held senior brand and marketing positions at Procter & Gamble, joins the athletics retailer with 20 years of experience.

    By Howard Ruben • Feb. 12, 2024
  • A woman wearing sunglasses and making a peace sign gesture.
    Image attribution tooltip
    Permission granted by IWD
    Image attribution tooltip
    Sponsored by IWD Retail Software

    10 retail trends to watch in 2024

    Step into 2024's retail revolution: AI-driven experiences, DTC in stores, sustainability surge and nostalgic fashion resurfaces. Adapt or fade away…

    Feb. 12, 2024
  • Hermès Birkin bags are on colorful stands displayed at Christie's.
    Image attribution tooltip
    Cindy Ord via Getty Images
    Image attribution tooltip

    Hermès sales outdo luxury rivals

    The company’s global resilience in the sector was aided by strong growth for its ready-to-wear segment and continued demand for its leather goods.

    By • Feb. 9, 2024