The Latest
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Victoria’s Secret Fashion Show promised equity, provided entertainment
After a six-year hiatus, the live event returned with new models, runway veterans and plenty of confetti.
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Adidas momentum continues with 7% sales growth
Preliminary results for the third quarter also showed that, excluding Yeezy sales from this year and last, currency-neutral revenue surged 14%.
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Ferragamo predicts more revenue declines in 2024
After reporting a 9.6% year-over-year drop in Q3, the luxury company’s CEO said he expects the downward trend to continue.
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Lorenzo Serafini named creative director of Alberta Ferretti
The former Ferretti diffusion line designer replaces the brand’s founder, who stepped down from her role in September after 24 years.
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Guess launches recycling initiative with SuperCircle
The program, called Guess Again, allows customers to mail in textiles of any brand.
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Altuzarra and P180 to launch online rental
The brand is partnering with a firm co-founded by former Wolverine CEO Brendan Hoffman to change the way consumers engage with luxury fashion.
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The ILA strike is over. What should shippers prioritize now?
While the strike was short-lived, it could take weeks to clear cargo backlogs and bring ports back to normal operations.
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Mulberry majority shareholder rejects second acquisition bid from Frasers
Despite an increased offer, the luxury fashion brand’s shareholder said it “has no interest” in selling its shares to the minority shareholder.
Updated Oct. 15, 2024 -
Sustainable materials firm Modern Meadow names new CEO
David Williamson will take on the top spot after previously serving as president and COO.
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Nike shakeup continues with appointment of new North America chief
A week after a new CEO arrives, Tom Peddie shifts from vice president of marketplace partners to replace Scott Uzzell, who is leaving.
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Diesel and Savage X Fenty collaborate on lingerie, apparel capsule
The limited edition line comes as the OTB-owned denim brand is working to reach Generation Z consumers.
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Todd Snyder’s Black Label Collection launches
The 65-piece collection is the designer’s first since taking over as creative director for the new Woolrich line last year.
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Authentic Brands Group, Saks team up on luxury joint venture
Growth of a slew of Authentic-owned labels will follow the pattern set by Barneys New York, which the brand-management firm acquired in 2019.
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Vestiaire Collective launches AI search tools, names new CTO
In addition to the new hire, the luxury resale platform added Jim Freeman to its board, who worked at Amazon.
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H&M to phase out new down fiber
The fast fashion company said it will only source feathers from post-consumer recycled sources.
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URBN prioritizes Nuuly’s growth with logistics investments
The retailer plans to add more automation to its Missouri fulfillment center to accelerate the rental brand’s order processing.
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Temu faces another class action lawsuit over text message marketing
This is the second recent case claiming the fast fashion giant sent advertisements to people on the National Do Not Call Registry.
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Gap and Cult Gaia launch holiday capsule collection
The 35-piece collaboration includes both women’s and children’s pieces.
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Q&A
Gen Phoenix wants to give new life to leather: Q&A
After collaborations with Coach and Dr. Martens, the recycled materials company hopes it can become a larger part of fashion brands’ materials.
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Gucci names Stefano Cantino new CEO
He will lead the brand starting in the new year, after joining the Kering-owned luxury house in May.
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Fashion trade shows to watch in 2025
These conferences, conventions and runway presentations connect buyers, designers, executives and insiders with the trends that shape the industry’s future.
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Another rough year for department stores
The segment is undergoing a quiet shakeup in 2024, with major players pursuing varying degrees of change to their operations.
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Richemont sells Yoox Net-A-Porter for $610M
The luxury house sold the segment to Mytheresa and will gain a 33% stake in the e-commerce company.
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Frye collaborates with ‘Yellowstone’ actor Cole Hauser
The new collection, launched both online and in stores, features three styles of men’s boots.
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AAFA pushes again for Facebook, Instagram to join the notorious markets list
One association member said Meta’s social platforms “pose the most significant threat” to its IP and brand integrity of any global platform.