The Latest

  • A person with white hair looks to the side against a yellow background.
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    Michael Loccisano via Getty Images
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    Sustainable Apparel Coalition rebrands as Cascale

    The move follows the December exit of CEO Amina Razvi and the organization’s step back from the Higg Materials Sustainability Index.

  • Models pose together wearing Rowing Blazers apparel.
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    Courtesy of Rowing Blazers
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    Rowing Blazers sells majority stake to Burch Creative Capital

    The deal will allow the preppy streetwear brand to develop a womenswear line and expand its retail footprint. 

  • The U.S. Securities and Exchange Commission seal hangs on the facade of its building.
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    Chip Somodevilla via Getty Images
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    SEC to scrap scope 3 reporting from climate disclosure rule: Reuters

    The omission could create a compliance conundrum for companies that still need to report scope 3 under the EU’s CSRD and California’s climate regulations.

  • Boxes of Merrell shoes are stacked inside a store.
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    The image by Kzoo Cowboy is licensed under CC BY 2.0
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    Wolverine sees 20.8% revenue slip in Q4

    The Merrell owner is expecting further declines in the 2024 fiscal year as it moves forward with corporate restructuring.

  • Bulk piles of circuklose waste stacked in a warehouse.
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    Courtesy of Renewcell
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    Textile recycler Renewcell to file for bankruptcy

    The Circulose fiber manufacturer was unable to secure financing following several quarters of declining sales.

  • Two people with shopping bags.
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    Courtesy of Nordstrom
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    ‘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.

  • Lululemon storefront.
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    Kaarin Vembar/Fashion Dive
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    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.

  • Models in vibrant prints walk the runway show at Etro.
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    John Phillips via Getty Images
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    Coty signs licensing deal with Etro

    Under the partnership, the fragrance company will develop, produce and distribute perfumes and home scents for the luxury fashion house.

  • Models walk on a fashion runway.
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    Pascal Le Segretain via Getty Images
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    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.

  • A Gildan distribution center is pictured.
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    Courtesy of Gildan
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    Gildan Activewear sees 9% sales increase in Q4

    Vince Tyra led his first earnings call as CEO against the backdrop of a pending proxy fight following the firing of Glenn Chamandy.

  • A brown tweed jacket hangs on a stand in a room full of wood shelves containing fabric samples.
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    Permission granted by Celys
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    Intimiti Australia launches compostable polyester fiber

    The new product, called Celys, is made from recycled polyester and is 95% compostable and biodegradable in 179 days.

  • Timberland storefront
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    Courtesy of Timberland
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    S&P Global Ratings downgrades VF Corp, expects sale of at least one major brand

    Declines at VF’s top four labels will likely continue amid weakness in wholesale and direct-to-consumer sales — and not just at Vans.

  • Two people stare at the screen, arms akimbo, wearing printed wrap dresses with slicked back hair.
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    Courtesy of Diane von Furstenberg for Target
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    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.

  • A group of models wearing Diesel walk the runway.
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    Tullio M. Puglia/Getty Images via Getty Images
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    OTB reports 9.1% sales growth to 1.8B euros

    The fiscal 2023 increase comes after a year in which the Diesel owner appointed new CEOs to several of its key brands.

  • 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.
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    Daphne Howland/Fashion Dive
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    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?

  • A model walks the runway wearing rag & bone, as people watch from both sides.
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    Mackenzie Sweetnam/Getty Images via Getty Images
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    Guess and WHP to acquire Rag & Bone

    Guess will contribute $56.5 million to the deal, which is expected to close in the first half of 2024.

  • A Nike storefront at The Grove shopping center in Los Angeles, California.
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    Cara Salpini/Fashion Dive
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    Nike to lay off more than 1,600 employees

    On the heels of a cost-savings plan announced in December, the activewear giant confirmed it plans to cut about 2% of its total workforce.

  • A model in a black and white striped oversized sweater stares at the camera on the runway during a Tommy Hilfiger fashion.
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    JP Yim via Getty Images
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    5 trend takeaways from New York Fashion Week’s fall-winter 2024 shows

    Fashion month officially kicked off as flats, furs and a few flurries opened the ready-to-wear season.

  • A man, José Neves, stands and smiles at the camera while wearing a black t-shirt under a blazer.
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    Pascal Le Segretain via Getty Images
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    José Neves will step down as Farfetch CEO

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

  • 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.

  • A pair of tortoise-shell Ray-Ban sunglasses sits on a lighted platform.
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    Kevin Parry via Getty Images
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    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.

  • The HanesBrands headquarters in North Carolina is pictured.
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    Courtesy of HanesBrands
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    HanesBrands sees sales fall 12%

    The company is looking to build on its innerwear category, as activewear sales continue to drop by double digits.

  • A person sees themself in three mirrors wearing different clothing. The person is holding a cellphone.
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    Courtesy of Temu
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    Temu asks that class action lawsuit be moved out of court

    Attorneys for the fast fashion company claim plaintiffs agreed to settle disputes through arbitration when they accepted its terms of use.

  • Tags on Hanes men's sleepwear items.
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    (Tim Boyle/Getty) via Getty Images
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    HanesBrands to lay off nearly 160 employees in North Carolina distribution center

    The apparel company plans to repurpose the facility as it streamlines operations.

  • Caroline Brown is pictured for a professional head shot in black and white.
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    Courtesy of VF Corp. Business Wire
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    VF adds new board member, aligns with Engaged Capital

    The apparel conglomerate said it will also name another independent director in the near term as it accelerates turnaround efforts.