Brands: Page 28
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Retrieved from Digital Brands Group on January 03, 2024
Digital Brands Group plots 50 stores
The company said its first location will open by March, and it plans to use it to offload excess inventory, particularly from its Sundry acquisition.
By Caroline Jansen • Jan. 23, 2024 -
The new rules shaping luxury fashion marketing: report
Luxury brands are bucking traditional fashion schedules, embracing collaborations and becoming more inclusive, according to Highsnobiety.
By Laurel Deppen • Jan. 23, 2024 -
Tracker
The luxury fashion earnings calendar
Fashion Dive has put together a list of luxury fashion financial reporting dates to help keep track of the sector.
Updated Feb. 25, 2025 -
Nike was the top-traded sneaker brand of 2023: report
The annual StockX culture index also named running shoe brands Asics and New Balance and gave a nod to viral footwear company MSCHF.
By Lara Ewen • Jan. 19, 2024 -
Richemont bucks larger luxury slowdown with 4% sales boost for Q3
China helped boost numbers for the period, and jewelry and watches lifted retail, while the company reiterated plans to find a new buyer for Yoox Net-a-Porter.
By Lara Ewen • Jan. 18, 2024 -
What it takes to build a private label
Hint: It's more than poaching from Target’s slam-dunk owned brands operation.
By Daphne Howland • Jan. 18, 2024 -
Lululemon taps new global creative director
Jonathan Cheung is taking on the role, while JJ Collier joins the athleticwear brand in the newly created position of vice president of design for outerwear.
By Cara Salpini • Jan. 17, 2024 -
Hugo Boss preliminary sales up 15% for 2023
Robust Q4 sales in the Americas and Asia helped the company avoid the slump hitting other luxury brands.
By Lara Ewen • Jan. 17, 2024 -
Uniqlo sues Shein over viral mini shoulder bag
Fast Retailing-owned Uniqlo is asking Shein to cease its production of the alleged dupe.
By Laurel Deppen • Updated Jan. 16, 2024 -
Under Armour taps new chief product officer, head of Americas
Industry veteran Yassine Saidi will take over product, and Kara Trent will replace David Baxter in the brand’s largest region.
By Cara Salpini • Jan. 16, 2024 -
Retrieved from Burberry on January 12, 2024
Burberry issues early profit warning
An overall luxury sector decline and weak December sales will produce lower-than-expected results and impact the company’s fiscal year.
By Lara Ewen • Jan. 12, 2024 -
Luxury sees 10% spending slump during the holidays: report
Information from Earnest Analytics shows that consumers were more focused on “attainable value,” with fast fashion and off-price stores seeing increased spending.
By Laurel Deppen • Jan. 12, 2024 -
Deep Dive
7 fashion industry trends to watch in 2024
The coming year will bring fast fashion battles, more mergers and acquisitions, an evolution of luxury and a presidential election, and that’s just for starters.
By Laurel Deppen and Lara Ewen • Jan. 12, 2024 -
Nike executive Andrew Campion to exit after 17 years
The former COO and CFO will depart to a job in higher education, as the retailer undergoes efforts to streamline the organization.
By Nate Delesline III • Jan. 12, 2024 -
Rothy’s names new CEO
Co-founders Stephen Hawthornthwaite and Roth Martin are transitioning from their roles as CEO and president to usher in Jenny Ming and Dayna Quanbeck.
By Caroline Jansen • Jan. 11, 2024 -
Authentic buys Sperry from Wolverine for $70M
Aldo Group will handle the struggling boat shoe brand’s North American wholesale and retail operations as well as design, production and global distribution.
By Lara Ewen • Updated Jan. 11, 2024 -
Authentic CEO: Buying Forever 21 ‘biggest mistake I made’
Jamie Salter also says Shein makes “a lot more than $30 billion” and hinted that the brand licensing firm could IPO in the next 18 months.
By Cara Salpini • Jan. 11, 2024 -
Nike, Tiger Woods end partnership after 27 years
For nearly three decades, Woods was wearing Nike during some of his most memorable athletic achievements.
By Nate Delesline III • Jan. 10, 2024 -
5 fashion lawsuits to watch in 2024
As the new year begins, some years-old fashion cases are going to trial, and newer cases may be changing venues.
By Laurel Deppen • Jan. 10, 2024 -
Retrieved from Wolverine Worldwide on January 10, 2024
Wolverine reports Q4 revenue of $527 million
The company said numbers from its preliminary 2023 financial results were in-line with its November guidance, and added that both its inventory and debt had been reduced.
By Lara Ewen • Jan. 10, 2024 -
Retrieved from Courtesy of Balenciaga on January 09, 2024
Biomaterials firm backed by Kering raises 11 million euros
Mogu Srl has completed Series A funding and plans to launch a demo production plant, expand its team and increase its research and development efforts.
By Lara Ewen • Jan. 9, 2024 -
Legal fight between Chanel and What Goes Around Comes Around continues
The French house accused the luxury reseller of false advertising and misleading use of Chanel’s trademarks.
By Laurel Deppen • Jan. 8, 2024 -
Stella McCartney losses narrow as company reports 23% revenue uptick
The company said the improvement is in line with its “trajectory towards break-even.”
By Lara Ewen • Jan. 5, 2024 -
Authentic lands licensing deal for DC Shoes
BBC International will handle global design, wholesale distribution and sourcing for the skate brand, which Authentic acquired in the Boardriders portfolio.
By Laurel Deppen • Jan. 5, 2024 -
4 brands heading into 2024 without creative directors
After a carousel of designer comings and goings, a few high-profile vacancies remain as the new year begins.
By Lara Ewen • Jan. 3, 2024