The Latest
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5 ways the election will impact fashion
Once a new administration is in place, policy shifts and legislative changes may have wide-ranging impacts on the industry, both at home and abroad.
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Deep Dive
DTC is dead. Long live DTC.
As a channel, it remains key to growth for many retailers. But the era of the DTC brand as we know it is over.
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Hugo Boss reports third straight quarter of muted sales
The company attributed its weak numbers to a “persistently challenging market environment.”
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De minimis overhaul will start before next president: former Biden official
A rulemaking proposal being issued by early December is very likely, according to former White House COVID-19 supply coordinator Tim Manning.
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Outerwear brand Hawke & Co. to relaunch
The company hired Michael Macko, previously of Saks Fifth Ave, as fashion director.
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Temu under EU Commission probe
The Commission opened formal proceedings to determine if the fast fashion giant violated the Digital Services Act.
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Deep Dive
Election 2024: Harris, Trump present ‘diametrically opposed’ impacts on ESG
Morningstar Indexes' head of strategy said the election could have differing impacts on issues advocated by ESG investors, depending on which candidate is elected.
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Kontoor Brands sees quarterly revenue grow for the first time since last year
The Wrangler and Lee parent company expects gains to continue in Q4, which leadership attributed to a transformation initiative.
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Gildan gains market share in printwear, but still sees decline in underwear sales
The company reported record revenue for Q3 as it continues its growth strategy.
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The Children’s Place launches storefront on Shein
The deal allows the retail company to distribute its products through the fast fashion giant’s platform and diversify its omnichannel strategy.
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Adidas reaches settlement with Ye as Yeezy inventory dwindles
The brand says it has momentum, though some analysts wonder what will follow the current hype around its legacy Terrace styles.
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Columbia wants to attract ‘younger and more active consumers’ with new strategy
The company announced a plan to grow its namesake brand during its Q3 earnings report, in which it saw a 5% net sales decrease.
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Draper James hires Michael Kors veteran as CEO
New CEO Jeannie Yoo also stepped into an advisory role with Consortium Brand Partners, which took a majority stake in the brand a year ago.
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Reebok and Beams collaborate on new sneaker
An updated version of the Instapump Fury design is Y2K-inspired and features elements from both brands.
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Prada Group revenue challenges luxury slowdown narrative
Overall group retail sales were up 15% for the first nine months, and the Miu Miu brand was up 97% for the period.
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Goodwill, Reju partner on textile recycling project in North America
The textile-to-textile regeneration company, which recently opened a production plant in Germany, is looking to build one in the U.S.
Updated Oct. 30, 2024 -
Denim meets decarbonization: Levi’s unveils first climate transition plan
The denim manufacturer has committed to achieving net-zero emissions by 2050 and reducing scope 3 emissions 42% by 2030.
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Esprit US subsidiaries file for bankruptcy
The Chapter 7 notices come in the wake of more than a dozen similar filings from Esprit Holdings subsidiaries around the world.
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VF saw revenue decline at each of its brands, but shares soar after earnings
The Vans owner has been undergoing a turnaround effort over the last year, and its CEO said its beginning to see results.
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Gap releases ‘Wicked’ capsule collection
The 20-piece collaboration includes green, pink and black colorways inspired by the movie’s theme.
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L.L. Bean launches collab with Noah Kahan
The eight-piece capsule is meant to celebrate the shared New England roots of both the brand and the musician.
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The RealReal CEO out after less than 2 years
Rati Sahi Levesque, who helped found the company in 2011, has replaced John Koryl, who arrived in February last year and has now left the company.
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H&M releases selections from previous designer collaborations
Items from partnerships with Karl Lagerfeld, Mugler, Moschino and others will be available through the store’s pre-owned initiative.
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Tapestry and Capri merger blocked in win for FTC
The owners of Coach and Michael Kors plan to appeal the decision, but experts say it’s unlikely the deal will go through.
Updated Oct. 25, 2024 -
Consumer demand, star ambassadors key to Skechers ‘record’ Q3 growth of $2.4B
The footwear company is trying to sustain its momentum by pushing deeper into its product offering for team-based sports.