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Jil Sander CEO exits
Serge Brunschwig, who also served as group chief strategy officer at parent company OTB Group, is succeeded in both roles by OTB CEO Ubaldo Minelli.
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US to install country-specific tariffs Aug. 7
President Donald Trump signed an executive order Thursday officially codifying rates for over 60 trading partners while pushing back implementation by seven days.
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Hermès reports solid revenue gains as rival firms falter
The company posted H1 increases in every region, although second quarter improvements were smaller than preceding periods.
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The image by KensmRPM 22300 is licensed under CC BY-SA 4.0
A sportswear brand vs. an Ivy League school: Columbia sues Columbia
Columbia Sportswear says the university violated a contract between the two regarding the use of the name Columbia on shirts, sweatshirts and hats.
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De minimis exemption to end Aug. 29, White House says
The trade tool’s end will subject low-cost imports to all applicable duties, although postal packages will be assessed fees in a different manner.
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Thom Browne CEO steps down amid dismal sales
Rodrigo Bazan will be succeeded by Nordstrom executive Sam Lobban, who steps into the role in September.
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Strong Miu Miu sales lead to revenue growth at Prada Group
Gains were slower than in previous quarters and offset by declines at the Prada brand, which is still without a permanent CEO following the departure of Gianfranco D’Attis.
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VF reports flat revenue, decline at Vans
The apparel conglomerate would have reported a revenue increase when excluding the skatewear brand, with The North Face and Timberland posting growth.
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Kering suffers steep losses amid leadership and creative changes
The Gucci parent company posted a 46% net income decline for the first half of fiscal 2025, while Q2 revenue sank 18%.
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Zegna Group sells shares in $126M deal
Singapore-based investment company Temasek Holdings will own a 10% stake in the Italy-based luxury firm once the transaction closes.
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Temu doesn’t properly assess illegal products on its platform: EU Commission
The fast fashion giant remains under investigation for allegedly addictive design features and a lack of transparent recommendation system.
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Depop names permanent CEO
Peter Semple, who officially takes the helm on Friday, has been serving in the role on an interim basis since May.
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Skechers denies patent infringement in lawsuit over slip-ins
Kizik Designs claimed it invented the hands-free shoe category that Skechers has made a key part of its business.
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Rebecca Minkoff shifts to a licensing model
The Sunrise Brands-owned label signed partnerships for handbags, loungewear, footwear and jewelry, but will retain control of its digital presence and retail network.
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US, EU agree to lower tariffs in ‘framework’ deal
Most imports from the bloc would face a 15% tariff under the pact, U.S. President Donald Trump and European Commission President Ursula von der Leyen announced Sunday.
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Hoka brick-and-mortar stores ‘the primary venue for full-price sales’
With the brand’s customers tending to look for price breaks online, Deckers is looking to expand retail partnerships as well as its own stores.
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LVMH profits tumble 22% as luxury headwinds persist
Fashion and leather goods revenue declined 8% for the first half of the year, although new creative directors at Dior and Loewe could change that trajectory.
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Opinion
High alert ahead of deadlines
The current tariff lull is the calm before the storm, according to Alvarez & Marsal’s consumer and retail group.
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Klarna users can now list past purchases on Poshmark
The two companies are offering Posh Credit to first-time Klarna users ahead of the back-to-school shopping season.
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Polo Ralph Lauren for Oak Bluffs collection debuts
The line celebrates the historically Black community on Martha’s Vineyard and was created as part of an ongoing partnership with Morehouse and Spelman Colleges.
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The startup that wants to modernize tailoring
Logistics firm Atelier Society wants to change the way consumers and brands navigate garment fit and alterations, according to CEO Sophie Friedfeld-Gebaide.
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Levi’s boosts inventory to navigate tariff, shipping disruptions
The apparel maker also expects ongoing transformation initiatives, including a consolidation of its distribution center network, to further insulate it from long-term impacts.
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Fabletics launches collab with Malbon Golf co-founders
The 27-piece capsule marks the first time Stephen and Erica Malbon have co-designed a new collection distinct from their namesake brand.
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Recommerce caucus launched in US Congress
The newly formed bipartisan caucus aims to support businesses spearheading the fast-growing secondhand economy.
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Why American Eagle tapped Sydney Sweeney for its priciest campaign yet
CMO Craig Brommers explains how the star will help the retailer connect with a wider audience and introduce a more elevated approach to its styles.