Brands: Page 25
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Courtesy of Hugo Boss
Hugo Boss posts modest 2024 fiscal outlook
Although the company saw record sales in 2023, significantly lowered expectations for the coming year caused stock prices to plummet.
By Lara Ewen • March 8, 2024 -
Courtesy of H&M
H&M launches its H2 Exchange circular fashion initiative
The program, created in partnership with designer Heron Preston, seeks to bring sustainable clothing concepts to a younger, wider audience.
By Howard Ruben • March 8, 2024 -
Courtesy of REI Co-op
REI releases first nongendered apparel collection for adults
The company also said it is transitioning its in-house brand away from gender-specific merchandise “where it makes sense.”
By Tatiana Walk-Morris • March 8, 2024 -
Jean Chung via Getty Images
Prada Group revenues up 13% in 2023, although sales in the Americas lag
Miu Miu underpinned growth for the fashion house due in part to the brand’s popular cardigans and ballet flats, which kicked off a librarian-chic trend.
By Lara Ewen • March 7, 2024 -
Vittorio Zunino Celotto via Getty Images
Salvatore Ferragamo sees revenue slip 7.6%
The Italy-based house attributed declines in its retail segment to the softening luxury market, especially during the second half of 2023.
By Laurel Deppen • March 7, 2024 -
Courtesy of Birkenstock
Birkenstock’s expanding production capacity lifts sales as it eyes more growth ahead
The footwear brand plans to double capacity in the next three years, spending tens of millions of dollars along the way.
By Ben Unglesbee • March 7, 2024 -
Courtesy of UNFPA Mexico
Prada expands fashion training program in partnership with UN
The initiative is designed to help women increase their embroidering and weaving skills while promoting empowerment and sexual and reproductive health, per the company.
By Laurel Deppen • March 5, 2024 -
Courtesy of Wolverine World Wide
Wolverine-owned Merrell and Sweaty Betty to launch women’s hiking collection
The collaboration, which features footwear, activewear and accessories, will be available at select retailers and via both brands’ e-commerce sites in early spring.
By Lara Ewen • March 5, 2024 -
Bryan Thomas via Getty Images
J.Crew launches swimwear takeback program
The recycling initiative, in partnership with SuperCircle, will give consumers shopping credit in exchange for used bathing suits from any brand.
By Howard Ruben • March 4, 2024 -
Courtesy of Kontoor
Kontoor revenue falls 8% in Q4
The previous quarter’s boost from a Barbie collaboration was no longer visible, and full-year earnings dropped 1% in fiscal 2023.
By Lara Ewen • March 1, 2024 -
John Lamparski/Getty Images via Getty Images
Wolverine World Wide lays off 150 at distribution center
The company is permanently closing its operations in Louisville, Kentucky, after previously saying its Saucony and Sperry brands would continue to operate out of the facility.
By Laurel Deppen • Updated March 12, 2024 -
Pietro S. D'Aprano via Getty Images
Moncler revenue up 15% to almost $3.2B in 2023
The record-setting results were driven by strong DTC sales for both the Moncler and Stone Island brands, despite wholesale declines for the two lines.
By Lara Ewen • Feb. 29, 2024 -
Laurel Deppen/Fashion Dive
Steve Madden sees revenue turnaround in Q4
The footwear and apparel company’s DTC revenue increased after five consecutive quarters of declines.
By Laurel Deppen • Feb. 29, 2024 -
Courtesy of Adidas
The latest Yeezy drop from Adidas is online only
The activewear company earlier this month announced plans to shed existing inventory from its previous partnership with Ye.
By Tatiana Walk-Morris • Feb. 28, 2024 -
Matt Winkelmeyer via Getty Images
Dickies announces new vice president of global marketing
Denise Anderson joins the workwear brand from Smartwool, also owned by VF Corp, where she spent nine years in marketing and creative roles.
By Lara Ewen • Feb. 28, 2024 -
Courtesy of Rowing Blazers
Rowing Blazers sells majority stake to Burch Creative Capital
The deal will allow the preppy streetwear brand to develop a womenswear line and expand its retail footprint.
By Laurel Deppen • Feb. 27, 2024 -
Wolverine sees 20.8% revenue slip in Q4
The Merrell owner is expecting further declines in the 2024 fiscal year as it moves forward with corporate restructuring.
By Laurel Deppen • Feb. 26, 2024 -
John Phillips via Getty Images
Coty signs licensing deal with Etro
Under the partnership, the fragrance company will develop, produce and distribute perfumes and home scents for the luxury fashion house.
By Lara Ewen • Feb. 23, 2024 -
Kaarin Vembar/Fashion Dive
Lululemon advances circular fashion with recycled nylon product
The activewear brand partnered with Samsara Eco to introduce an enzymatically recycled nylon 6,6 product in what the companies say is a milestone in textile recycling.
By Tatiana Walk-Morris • Feb. 23, 2024 -
Permission granted by Celys
Intimiti Australia launches compostable polyester fiber
The new product, called Celys, is made from recycled polyester and is 95% compostable and biodegradable in 179 days.
By Howard Ruben • Feb. 22, 2024 -
Pascal Le Segretain via Getty Images
Lanvin Group reports 1% revenue growth for 2023
The Lanvin brand saw a 7% year-over-year decline, while the Caruso brand saw a 30% revenue increase for the period.
By Lara Ewen • Feb. 22, 2024 -
Courtesy of Timberland
S&P Global Ratings downgrades VF Corp, expects sale of at least one major brand
Declines at VF’s top four labels will likely continue amid weakness in wholesale and direct-to-consumer sales — and not just at Vans.
By Daphne Howland • Feb. 22, 2024 -
Tullio M. Puglia/Getty Images via Getty Images
OTB reports 9.1% sales growth to 1.8B euros
The fiscal 2023 increase comes after a year in which the Diesel owner appointed new CEOs to several of its key brands.
By Laurel Deppen • Feb. 21, 2024 -
Courtesy of Diane von Furstenberg for Target
Target to release designer collaboration with Diane von Furstenberg
The limited-edition collection launches in March and will include apparel, accessories, cosmetics and home products.
By Lara Ewen • Feb. 21, 2024 -
Mackenzie Sweetnam/Getty Images via Getty Images
Guess and WHP to acquire Rag & Bone
Guess will contribute $56.5 million to the deal, which is expected to close in the first half of 2024.
By Laurel Deppen • Feb. 20, 2024
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