The Latest
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Shein faces class action lawsuit over marketing texts
The fast fashion giant is accused of repeatedly texting those on the national Do-Not-Call registry.
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Counterfeit market continues to grow in US
The number of products tested for authenticity grew “by the millions” last year, according to luxury authentication platform Entrupy.
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US plans 30% tariffs on EU, Mexico
President Donald Trump unveiled the new duty rates, set to begin Aug. 1, in separate letters shared on social media Saturday morning.
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Brunello Cucinelli continues upward trend in tough economy
The Italy-based fashion house reaffirmed its projection of double-digit growth for the fiscal year amid mixed results for the overall luxury sector.
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Analysts say ‘it’s a sobering time for luxury sales’
In a preview of July revenue releases from LVMH, Richemont, Burberry and others, HSBC said that Liberation Day tariff announcements negatively impacted the market in April.
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Adidas unites superstars across music, sports, fashion in culture play
Produced by Johannes Leonardo, the campaign celebrates the Superstar sneaker and features Samuel L. Jackson, Missy Elliott and more.
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Mulberry raises $27M to accelerate turnaround strategy
The funding round was announced at the same time the company reported a 21% revenue decline for its latest fiscal year.
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Nicole Miller signs licensing partnership for Latin America
The deal with Tycoon Enterprises will launch the New York-based lifestyle brand next year in key markets throughout the region, prioritizing Mexico.
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S&P Global Ratings downgrades Saks, warns latest financing deal is ‘tantamount to a default’
Saks Global emphasized that there’s no default related to its new agreement with bondholders, calling the rating updates “common and expected with transactions like these.”
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Brooks Brothers collabs with Prince on tennis capsule
The co-branded collection features tops and track sets, and its July launch coincides with the Wimbledon Championships in England.
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Levi Strauss to lay off hundreds with Kentucky distribution center closure
The company is changing its distribution strategy from an owned model to a mix of owned and third-party operated centers.
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LVMH names new chairman and CEO of LVMH Americas
Michael Burke, who previously led LVMH’s fashion group, will be responsible for representing the luxury fashion conglomerate in North and South America.
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Coach’s leather could pose deforestation threat: report
An investigation by environmental nonprofit Earthsight said the Tapestry-owned brand is at risk of sourcing leather linked to illegal cattle ranching in Brazil.
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Trump rolls out reciprocal tariffs for Japan, Bangladesh, others
The U.S. detailed the rates it will impose on imports from certain countries starting Aug. 1 in identical letters shared by the president Monday.
Updated July 10, 2025 -
Shein fined $47M for misleading promotions in France
An investigation by the country’s antitrust authority found that more than half of the fast fashion company’s promotions involved no real price reduction.
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Steve Madden’s chief merchandising officer exits
Karla Frieders voluntarily resigned after more than 26 years with the company, and there are no plans to appoint a successor.
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Can Lululemon make a federal case out of ‘dupe culture’?
In a lawsuit against Costco over a variety of apparel designs, the athleisure brand laments the proliferation of “LululemonDupes” on social media.
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Brandy Melville sues Shein for copyright infringement, unfair competition
Shein is accused of selling an item based on a Brandy Melville photo and sending a dupe instead, a lawsuit says.
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US, Vietnam reach trade deal, Trump says
Stateside imports from Vietnam will be subject to a 20% tariff under the agreement, the president announced Wednesday.
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Victoria Beckham inks eyewear deal with Safilo
The 10-year global agreement includes both optical and sun lines and is set to debut in January 2026.
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As revenue falls 10%, Nike preps for $1B tariff hit
At the same time, the brand is restructuring teams around key sports and touted “significant progress” on rightsizing its classic footwear franchises.
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StockX names sneaker veteran as senior director of community, engagement
Brendan Dunne will also become a brand ambassador for the resale platform.
Updated July 1, 2025 -
H&M Group inks multi-year Circulose partnership
The fast fashion retailer plans to replace “a substantial share of the virgin viscose” it uses with fiber from the recycled textile manufacturer.
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Fashion trade shows still ahead in 2025
These conferences, conventions and runway presentations connect buyers, designers, executives and insiders with the trends that shape the industry’s future.
Updated June 23, 2025 -
Saks Global $600M deal with bondholders includes $200M in new financing
As the holidays loom and past vendor payments come due, the package replaces a previous proposal for $350 million in new financing.