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J. Jill taps former Ralph Lauren merchant as CEO
Mary Ellen Coyne’s three decades-plus of retail experience also includes her recent stint as chief executive of J. McLaughlin.
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Lanvin Group closes stores amid a double-digit revenue decline
The Wolford and Sergio Rossi parent company reported a 23% drop for fiscal 2024 as new creative and leadership appointments look to change momentum.
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Giuseppe Zanotti reacquires minority stake in namesake brand
The footwear designer bought back a 30% share from LVMH-backed private equity firm L Catteron, which purchased the shares in 2014.
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Canada and Mexico tariffs will take effect March 4, Trump confirms
The president will also impose an additional 10% import tax on China next week and hinted at plans to soon levy 25% duties on the European Union.
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Biomaterials firm launches DTC mycelium leather
MycoWorks is selling its Reishi material in sample kits and by the sheet.
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Jil Sander creative director team exits
Lucie and Luke Meier, who have been with the OTB-owned luxury label since 2017, announced their departure following their fall-winter 2025 runway show.
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Wrangler releases collab with burger chain
A 33-piece apparel and accessories line in partnership with Texas-based Whataburger is designed to blend the Western flavors of both brands.
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"Saks Fifth Avenue, Off 5th Outlet Factory Store , Clinton CT" by Mike Mozart is licensed under CC BY 2.0
Neiman Marcus deal triggers another round of layoffs at Saks Global
The company in July also downsized operations in anticipation of the $2.7 billion acquisition, which closed at the end of last year.
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Steve Madden is ‘cautious’ in the near term due to tariff hikes
Despite the potential impact, the company still expects revenue to grow in 2025, including the results of the newly acquired Kurt Geiger brand.
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Authentic signs license agreement for Quiksilver
Velocity, which also makes Lucky workwear, will be responsible for reviving the boardsports brand’s womenswear line in the U.S. and Canada.
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Fabletics targets demand planning, inventory management
The apparel company will build a forecasting model using Blue Yonder’s supply chain planning solutions.
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Retrieved from Kontoor Brands on February 25, 2025
Kontoor Brands expects revenue growth in 2025, but shares slip
The Wrangler and Lee parent company’s outlook doesn’t include the projected impact of the newly acquired Helly Hansen brand.
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Biomaterials firm Gozen increases production with new factory, product range
The company’s Lunaform nanocellulose leather alternative was used by Balenciaga and will now be produced at scale.
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Saks Global’s vendor trouble hints at financial vulnerability
Revenue targets depend on mending relationships with suppliers, analysts say. A memo from CEO Marc Metrick may have made things worse.
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Generational differences govern online fashion shopping behavior: report
Older customers prioritized discounts and younger shoppers said they were especially motivated by products that offered high quality, according to a new report from Wunderkind.
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Opinion
Why next-gen vegan fashion is farming’s unlikely ally
The alternative materials market offers untapped advantages for agricultural producers, writes Stephanie Downs, co-founder and CEO of Uncaged Innovations.
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J.C. Penney, Eddie Bauer operator lays off 5% of corporate staff
About 250 people at Catalyst Brands, which also runs Aéropostale, Brooks Brothers, Nautica and Lucky Brand, were let go.
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Victoria’s Secret launches collaboration with Altuzarra as it steps into ready-to-wear
The first drop of the line, which will include multiple collections throughout the year, focuses on wardrobe staples with a twist.
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Retrieved from Wolverine World Wide on February 21, 2025
Wolverine expects bounce-back year in 2025
CEO Chris Hufnagel credited the better-than-expected Q4 results to execution of the company’s previously announced restructuring plan.
Updated Feb. 21, 2025 -
"Exterior view of historic Neiman Marcus flagship store in Dallas, Texas as seen from Commerce Street." by Dfwcre8tive is licensed under CC BY 3.0
Saks Global to close century-old Neiman Marcus flagship in downtown Dallas
The luxury department store's new owner will spend $100 million to renovate an anchor location at the nearby NorthPark Center mall.
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Wrangler parent company to buy Helly Hansen
In a $900 million deal, Kontoor Brands will acquire the brand from Canadian Tire Corporation.
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Gildan announces CFO succession plan, new executive position
The company announced the leadership changes on the same day it posted Q4 results showing a 5% year-over-year rise in net sales.
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Nike launches brand with Kim Kardashian’s Skims
NikeSkims will be available this spring with an assortment of training apparel, footwear and accessories.
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Tapestry to sell Stuart Weitzman for $105M
The deal allows the Coach owner to double down on its handbag brands, which have recently driven it to record growth.
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Hermès again bucks luxury slowdown trend with double-digit revenue growth
The luxury brand said that if proposed tariffs from the U.S. cause prices to rise, its American customers “will understand and remain loyal.”