Victoria’s Secret shuts down website in response to security incident

Although stores are open, the company has also halted some in-store services as it works to fully restore operations. 

US court blocks Trump’s sweeping tariffs

The Court of International Trade said the president overstepped his authority, halting various duties. After an appeal, the ruling has been paused.

Updated May 29, 2025

Maria Grazia Chiuri exits Dior Women

The house’s first woman creative director showed her last collection for the label earlier this week.

Consumers rate quality over politics: report

Shoppers care about a brand’s values but also look for consistent messaging, durability and affordability, according to Kearney Consumer Institute.

Capri reports dismal fourth quarter

The proposed sale of Versace to Prada Group may help pay down debt, but steep losses at Michael Kors and soft sales at Jimmy Choo continued to drag down revenue.

Shein infringes on EU consumer protection laws

The European Commission is asking the fast fashion giant to address potential issues, including fake discounts and pressure selling.

Updated May 28, 2025

Dr. Martens hires Nike vet as Americas president

Paul Zadoff is joining the footwear brand as it works to drive demand for its boots in the U.S.

Nike to return to Amazon, raise prices

The sportswear giant will sell on the U.S. site after six years away. Meanwhile, prices are going up for many of its footwear products.

Asics stops kangaroo skin usage, following Adidas

The Japan-based athleticwear company plans to end its use of k-leather by the end of 2025.

Trump calls for 50% tariffs on EU

The duties are slated to take effect July 9 as the bloc and the U.S. reengage on trade talks, the president said.

Ralph Lauren revenue exceeds expectations

The company posted sales growth in every region, with Europe up 12% and China up more than 20%.

Recycled cotton fiber company opens facility in Central America

The plant is part of a joint venture between Recover and textile manufacturer Intradeco to boost recycled materials and nearshoring.

Victoria’s Secret adopts poison pill to halt hostile takeover

The maneuver is in response to the “substantial accumulation” of shares by investment firm BBRC International, which just launched its own lingerie brand.

Vans revenue tumbles more than 20% as transformation plan continues

VF said that excluding the skatewear brand’s results, the company would have seen revenue grow.

Reju prepares to commercially expand its polyester recycling

The company expects to open its first large-scale plant and eventually plans to regenerate as many as 300 million articles per year.

Urban Outfitters’ in-store experiential concept goes after Gen Z — first with Nike

The apparel retailer debuted the On Rotation concept as a way to fuel discovery shaped by the generation’s favorite brands. 

Adidas quietly exits the kangaroo skin trade

The athleticwear giant said it stopped buying leather made from the marsupials in 2024 and it will end production of products containing the material this year.

Levi’s to sell Dockers to Authentic Brands Group for $311M

The jeans company is selling off the khakis brand to focus on its core labels. 

Balenciaga hires Pierpaolo Piccioli as creative director

The Valentino alum will show his first collection for the Kering-owned house in October.

Shein drops prices following US-China tariff deal

The fast fashion company said it was lowering the costs on a wide range of styles.

Biomaterials firm shakes up leadership as it preps for commercial growth

Gozen’s co-founder Ece Gözen is moving into a creative role as the company prepares to target more brand partners.

Under Armour nears the end of SKU reduction, turns focus to premium products

The athletics retailer hopes to position its assortment as a higher-end offering, including through a $140 backpack.

Richemont sales boosted by fine jewelry

Challenges at the company’s watchmaker division offset gains elsewhere and resulted in an overall 4% revenue increase for fiscal 2025.

Old Navy launches Americana collab with Disney

The Gap Inc.-owned brand says the collection is the first time branded IP has been on its signature flag T-shirt.

Hackers behind cyberattacks on Harrods are targeting the US, say researchers

The group also orchestrated intrusions at Co-op and M&S and is expanding its presence, according to Google Threat Intelligence.