Brands: Page 26
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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 -
Cara Salpini/Fashion Dive
Nike to lay off more than 1,600 employees
On the heels of a cost-savings plan announced in December, the activewear giant confirmed it plans to cut about 2% of its total workforce.
By Cara Salpini • Feb. 20, 2024 -
JP Yim via Getty Images
5 trend takeaways from New York Fashion Week’s fall-winter 2024 shows
Fashion month officially kicked off as flats, furs and a few flurries opened the ready-to-wear season.
By Lara Ewen • Feb. 16, 2024 -
Pascal Le Segretain via Getty Images
José Neves will step down as Farfetch CEO
The move comes two weeks after Coupang completed its acquisition of the luxury e-commerce platform.
By Lara Ewen • Feb. 16, 2024 -
Kevin Parry via Getty Images
EssilorLuxottica posts steady revenue growth for third consecutive year
The eyewear manufacturer benefited from a 5% revenue boost in the EMEA region as well as a strong demand for luxury frames in China.
By Lara Ewen • Feb. 15, 2024 -
Courtesy of HanesBrands
HanesBrands sees sales fall 12%
The company is looking to build on its innerwear category, as activewear sales continue to drop by double digits.
By Laurel Deppen • Feb. 15, 2024 -
(Tim Boyle/Getty) via Getty Images
HanesBrands to lay off nearly 160 employees in North Carolina distribution center
The apparel company plans to repurpose the facility as it streamlines operations.
By Alejandra Carranza • Feb. 15, 2024 -
Courtesy of VF Corp. Business Wire
VF adds new board member, aligns with Engaged Capital
The apparel conglomerate said it will also name another independent director in the near term as it accelerates turnaround efforts.
By Laurel Deppen • Feb. 14, 2024 -
Courtesy of Temu
Temu asks that class action lawsuit be moved out of court
Attorneys for the fast fashion company claim plaintiffs agreed to settle disputes through arbitration when they accepted its terms of use.
By Laurel Deppen • Feb. 14, 2024 -
Courtesy of Sun Day Red
Tiger Woods, TaylorMade team up to launch Sun Day Red
The apparel brand, which debuts on May 1, comes after Woods ended his nearly three-decades-long partnership with Nike.
By Caroline Jansen • Feb. 14, 2024 -
John Sciulli via Getty Images
Lacoste appoints new executive vice president of global finance
Philippe Gautier brings his experience as CFO at brands including Puma and Sergio Rossi to the France-based sportswear firm.
By Lara Ewen • Feb. 13, 2024 -
Justin Sullivan/Getty Images via Getty Images
Lululemon accused of greenwashing in anti-competition complaint
Advocacy organization Stand.earth is asking the Competition Bureau Canada to investigate the athleticwear company’s conduct over environmental claims.
By Laurel Deppen • Feb. 13, 2024 -
Courtesy of Hoka
Hoka taps 17-year Nike vet as brand president
Robin Green, the activewear giant’s global vice president of Men’s Running and Fitness, is tasked with driving growth and innovation at Hoka.
By Cara Salpini • Feb. 13, 2024 -
Photo by Stefania M. D'Alessandro/Getty Images via Getty Images
Tod’s sells stake to L Catterton in a plan to take the company private
This is the second time the luxury company attempted to delist from the Italian Stock Exchange.
By Laurel Deppen • Feb. 12, 2024 -
Courtesy of Puma
Puma taps H&M vet to lead global brand strategy
Julie Legrand, who also held senior brand and marketing positions at Procter & Gamble, joins the athletics retailer with 20 years of experience.
By Howard Ruben • Feb. 12, 2024 -
Pascal Le Segretain via Getty Images
Prada and L’Oreal sign license agreement for Miu Miu beauty line
The first fragrances under the deal are expected to launch in 2025.
By Lara Ewen • Feb. 9, 2024 -
Cindy Ord via Getty Images
Hermès sales outdo luxury rivals
The company’s global resilience in the sector was aided by strong growth for its ready-to-wear segment and continued demand for its leather goods.
By Lara Ewen • Feb. 9, 2024 -
Photo by JP Yim/Getty Images for ELLE via Getty Images
Capri Q3 revenue drops 5.6%
Michael Kors, Jimmy Choo and Versace all saw declines, which the company's CEO attributed to a softening demand for luxury goods.
By Laurel Deppen • Feb. 9, 2024 -
Maryam Majd via Getty Images
Ralph Lauren’s Q3 revenue up after positive holiday sales
North America wholesale dropped 15%, but the brand continued to grow its DTC business as global sales in that category increased 9%.
By Lara Ewen • Feb. 9, 2024 -
Donell Woodson/Getty Images via Getty Images
Coach leads Tapestry to Q2 revenue increase in fiscal 2024, but other brands lag
The Kate Spade and Stuart Weitzman brands saw revenue declines for the period.
By Laurel Deppen • Feb. 8, 2024 -
Getty Images via Getty Images
Kering revenue drops 4% for fiscal 2023
All of the luxury conglomerate’s fashion houses saw 8% declines in Q4 and low-single-digit declines for the year.
By Lara Ewen • Feb. 8, 2024 -
Getty Images via Getty Images
Simon Property Group trims stake in Forever 21, Brooks Brothers brand-management firm Authentic
The mall REIT is unwinding some of its investment into the retail business, which CEO David Simon has acknowledged is more volatile than real estate.
By Daphne Howland • Feb. 8, 2024 -
Chris J Ratcliffe/Getty Images via Getty Images
Chanel wins legal dispute against What Goes Around Comes Around
The jury awarded the French luxury house $4 million in damages but WGACA’s CEO and co-founder said the case isn’t over.
By Laurel Deppen • Feb. 7, 2024 -
Juan Naharro Gimenez/Getty Images via Getty Images
VF launches strategic review of brand assets, CFO steps down
The company’s largest brands saw Q3 double-digit revenue declines, while overall company revenue dipped 16% for the period.
By Laurel Deppen • Feb. 7, 2024
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