The Latest
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Vestiaire launches value-oriented resale buying guide
The company cited increased luxury prices and dominance of fast fashion as the impetus for the report, which identified top performing brands and trends.
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Rent the Runway rethinks customer service approach
Shifting to more proactive service, the team now spends 14% of its time calling customers to build loyalty, according to CEO Jennifer Hyman.
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Jean Paul Gaultier names new creative director
Duran Lantink will be the first person to hold the position since the brand's namesake retired in 2020.
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Deep Dive
The complicated calculation of ending de minimis
While closing the duty loophole for low-value goods from China and Hong Kong may offer some benefits, the U.S. fashion industry could face challenges.
Updated April 15, 2025 -
LVMH could consider price hikes in wake of tariffs
The Louis Vuitton holding company saw revenue for its fashion and leather goods division fall 4% but cautioned its beauty and spirits division may be more vulnerable to tariffs.
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Urban Outfitters launches 4 collaborations
The collections feature vintage-inspired items and upcycled pieces made from the brand’s past inventory.
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Nike is still winning the teen market
The athletics brand ranked top for apparel and footwear, while beauty spending reached its highest ever, according to Piper Sandler's latest report.
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Mytheresa, Richemont deal for YNAP gets regulatory approval
Once the transaction is closed, Mytheresa will operate under a new name.
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J.C. Penney operator axes 9% of corporate roles
The downsizing at Catalyst Brands comes less than two months after 250 corporate employees, or 5% of that workforce, were laid off.
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30% of consumers to stop buying from Shein and Temu if prices rise: report
A survey from Omnisend shows that customers were cutting back their shopping on the platforms even before Trump’s China tariff threats.
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G-III signs license agreement for G.H. Bass
The seven-year exclusive agreement with Aldo Product Services will include footwear, bags and small leather goods, as well as retail services in North America.
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EU delays US tariff countermeasures by 90 days
The move comes in response to President Donald Trump’s pause of reciprocal tariffs against the bloc and most other trading partners.
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Prada to buy Versace for $1.4B
The deal frees up owner Capri Holdings to rebuild its Michael Kors and Jimmy Choo brands following a failed merger with Tapestry.
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Lyst sells for $154M
Japan-based Zozo will buy the company as part of its strategy to expand globally.
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Retrieved from Refiberd on April 10, 2025
EBay awards funding to recycling tech firm
Refiberd, which uses artificial intelligence to sort fabric, was named Circular Fashion Innovator of the Year and given $300,000 to scale its business.
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Trump pauses most reciprocal tariffs, hikes China’s further
The U.S. will now charge a 125% duty on imports from China, while most other countries will be subject to a 10% rate for 90 days.
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Puma names new North America president
Tara McRae, formerly the company’s senior vice president of brand and strategy, will succeed Bob Philion, effective immediately.
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Recycled textile pulp facility opens in China
Yibin Grace expects to produce 1,500 tonnes of the material each year, which it says can be used to make man-made cellulosic fiber products.
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Under Armour, Unless partner on plant-based sportswear collection
The regenerative sportswear collection is “designed to decompose rather than pollute,” according to Under Armour Brand President Eric Liedtke.
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Palace collabs with Dr. Martens
The collection features three versions of the 1461 Oxford shoe styled with a bottle cap lace charm and special-edition heel loop.
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VF names chief operating officer as transformation plan continues
Abhishek Dalmia’s promotion is one of several executive changes at the Vans and Timberland owner since CEO Bracken Darrell took over in 2023.
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Trump threatens 50% tariff on China if retaliatory duties stay
The president said China, which vowed to fight the action, has until Tuesday to back off from its plan for 34% tariffs on U.S. imports.
Updated April 8, 2025 -
LVMH names 3 new CEOs
The luxury firm shuffled its leadership team, appointing top executives at Fendi, Kenzo and Louis Vuitton.
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Guess to close underperforming stores in North America
The company’s Rag & Bone acquisition is driving revenue increases, but profits plunged in the holiday quarter.
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De minimis shipping from China ending in May, other countries at risk
The White House plans to nix the exemption for other countries once systems are in place to collect duty revenue, with few exceptions.