Brands: Page 13
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Screenshot: Temu
Temu business practices infringe on EU consumer laws, according to a new probe
The fast fashion company was accused of pressure selling, offering fake discounts and forcing shoppers to interact with gamified tactics.
By Laurel Deppen • Nov. 12, 2024 -
Courtesy of Vuori
With latest investment, Vuori’s valuation hits $5.5B
An $825 million infusion led by General Atlantic and Stripes will fortify the athleisure brand’s already formidable challenge to market leader Lululemon.
By Daphne Howland • Nov. 12, 2024 -
Pascal Le Segretain via Getty Images
Richemont struggles continue as first half operating profits fall 17%
Sharp declines in the company’s watch division were slightly offset by single-digit gains elsewhere, but losses in China continued to weigh on revenue.
By Lara Ewen • Nov. 11, 2024 -
Steve Madden continues to see boost from Almost Famous acquisition
The company’s wholesale division has benefited in the year since the deal, particularly in accessories and apparel.
By Laurel Deppen • Nov. 11, 2024 -
Michael M. Santiago via Getty Images
Capri revenue falls sharply as hopes of a Tapestry merger dim
Jimmy Choo saw single-digit growth, while the company attributed second quarter declines at Versace and Michael Kors to soft luxury demand.
By Lara Ewen • Nov. 8, 2024 -
Courtesy of HanesBrands
HanesBrands expects to return to revenue growth in Q4
Following the sale of Champion, the company is looking to distinguish itself as a focused innerwear business, and some analysts think it’s working.
By Laurel Deppen • Nov. 8, 2024 -
Theo Wargo via Getty Images
Ralph Lauren sees 6% revenue boost, driven by strong retail sales
The company increased its average unit retail price by 10% and raised its full-year fiscal 2025 outlook.
By Lara Ewen • Nov. 8, 2024 -
Michael M. Santiago via Getty Images
Tapestry logs better-than-expected net sales, driven by Coach
The Kate Spade and Stuart Weitzman owner said it wouldn’t pursue more mergers in the near term if its Capri Holdings acquisition failed.
By Laurel Deppen • Nov. 7, 2024 -
Retrieved from Saucony on November 07, 2024
Wolverine World Wide losses narrow as fiscal 2024 outlook improves
CEO Chris Hufnagel said Saucony outpaced company forecasts despite a 10% drop in Q3 revenue at the brand.
By Lara Ewen • Nov. 7, 2024 -
Cara Salpini/Fashion Dive
Deep DiveDTC is dead. Long live DTC.
As a channel, it remains key to growth for many retailers. But the era of the DTC brand as we know it is over.
By Cara Salpini • Nov. 6, 2024 -
Retrieved from Hawke & Co. on November 05, 2024
Outerwear brand Hawke & Co. to relaunch
The company hired Michael Macko, previously of Saks Fifth Ave, as fashion director.
By Laurel Deppen • Nov. 5, 2024 -
Vittorio Zunino Celotto via Getty Images
Hugo Boss reports third straight quarter of muted sales
The company attributed its weak numbers to a “persistently challenging market environment.”
By Lara Ewen • Nov. 5, 2024 -
Retrieved from Dennis Sylvester Hurd.
Kontoor Brands sees quarterly revenue grow for the first time since last year
The Wrangler and Lee parent company expects gains to continue in Q4, which leadership attributed to a transformation initiative.
By Laurel Deppen • Nov. 4, 2024 -
Screenshot: Temu
Temu under EU Commission probe
The Commission opened formal proceedings to determine if the fast fashion giant violated the Digital Services Act.
By Laurel Deppen • Nov. 4, 2024 -
Arturo Holmes/Getty Images for The Children's Place, Inc. via Getty Images
The Children’s Place launches storefront on Shein
The deal allows the retail company to distribute its products through the fast fashion giant’s platform and diversify its omnichannel strategy.
By Laurel Deppen • Nov. 1, 2024 -
Courtesy of Adidas
Adidas reaches settlement with Ye as Yeezy inventory dwindles
The brand says it has momentum, though some analysts wonder what will follow the current hype around its legacy Terrace styles.
By Daphne Howland • Nov. 1, 2024 -
The image by Michael Rivera is licensed under CC BY-SA 4.0
Columbia wants to attract ‘younger and more active consumers’ with new strategy
The company announced a plan to grow its namesake brand during its Q3 earnings report, in which it saw a 5% net sales decrease.
By Laurel Deppen • Oct. 31, 2024 -
Rick Diamond/Getty Images for Draper James via Getty Images
Draper James hires Michael Kors veteran as CEO
New CEO Jeannie Yoo also stepped into an advisory role with Consortium Brand Partners, which took a majority stake in the brand a year ago.
By Howard Ruben • Oct. 31, 2024 -
Courtesy of Reebok
Reebok and Beams collaborate on new sneaker
An updated version of the Instapump Fury design is Y2K-inspired and features elements from both brands.
By Howard Ruben • Oct. 31, 2024 -
Lauren DeCicca via Getty Images
Prada Group revenue challenges luxury slowdown narrative
Overall group retail sales were up 15% for the first nine months, and the Miu Miu brand was up 97% for the period.
By Lara Ewen • Oct. 30, 2024 -
Sean Gallup via Getty Images
Denim meets decarbonization: Levi’s unveils first climate transition plan
The denim manufacturer has committed to achieving net-zero emissions by 2050 and reducing scope 3 emissions 42% by 2030.
By Zoya Mirza • Oct. 30, 2024 -
Matthew Eisman/Getty Images for Pandora Media via Getty Images
VF saw revenue decline at each of its brands, but shares soar after earnings
The Vans owner has been undergoing a turnaround effort over the last year, and its CEO said its beginning to see results.
By Laurel Deppen • Oct. 29, 2024 -
Courtesy of Gap
Gap releases ‘Wicked’ capsule collection
The 20-piece collaboration includes green, pink and black colorways inspired by the movie’s theme.
By Laurel Deppen • Oct. 29, 2024 -
Andreas Rentz via Getty Images
Esprit US subsidiaries file for bankruptcy
The Chapter 7 notices come in the wake of more than a dozen similar filings from Esprit Holdings subsidiaries around the world.
By Lara Ewen • Oct. 29, 2024 -
Courtesy of H&M
H&M releases selections from previous designer collaborations
Items from partnerships with Karl Lagerfeld, Mugler, Moschino and others will be available through the store’s pre-owned initiative.
By Lara Ewen • Oct. 28, 2024
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