Brands: Page 38
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Aurate partners with Macy’s, Helzberg Diamonds
The digitally native jewelry brand is entering wholesale after closing its own stores. CEO Sophie Kahn spoke to Fashion Dive’s sister publication Retail Dive about its strategy.
By Dani James • Aug. 7, 2023 -
Adidas CEO: Selling Yeezy designs in the future is ‘not part of our strategy’
Bjørn Gulden said that while the company is legally able to do that, “our task now is to limit the damage ... and build a business later without Yeezy.”
By Cara Salpini • Aug. 4, 2023 -
Gap and LoveShackFancy collab on 76-piece collection
The capsule combines Gap’s classic logo with the vintage-inspired aesthetic of LoveShackFancy.
By Laurel Deppen • Aug. 4, 2023 -
Authentic partners with manufacturer on Vince menswear
Under the long-term agreement, Peerless will design, manufacture and distribute the brand’s tailored men’s clothing and neckwear in the U.S. and Canada.
By Lara Ewen • Aug. 4, 2023 -
Steve Madden revenue drops again in Q2
The trendy fashion firm’s long-term growth strategy includes more DTC business and expanded offerings in handbags and apparel.
By Lara Ewen • Aug. 3, 2023 -
Shein granted temporary restraining order against Temu
Temu has been told to stop “ongoing infringement” of Shein’s registered trademarks and copyrights in a lawsuit between the fast fashion rivals.
By Laurel Deppen • Aug. 3, 2023 -
Vans, Dickies struggles drag VF Corp revenue down 8% in Q1
The company says the drop was due to ongoing wholesale issues and continuing challenges with its Vans brand.
By Lara Ewen • Aug. 2, 2023 -
The image by Thmyl yAMSa is licensed under CC BY-SA 4.0
Columbia names new president of prAna brand, adjusts full year guidance
Tricia Shumavon is stepping into the role in September after stints at Adidas, Nike and Gap. The move is part of Columbia’s plan to reposition the prAna brand for growth.
By Laurel Deppen • Aug. 2, 2023 -
Skechers and Snoop Dogg collaborate on sneaker line as part of multi-year partnership
The line includes nine sneakers and the footwear giant plans to launch two other capsules with the rapper in the coming weeks.
By Laurel Deppen • Aug. 1, 2023 -
US lawmakers revisit Kangaroo Protection Act
The legislation, introduced last week, is aimed at ending the sale and import of commercial kangaroo skin products.
By Lara Ewen • Aug. 1, 2023 -
Under Armour launches its first loyalty program
The athletics brand is late to the game, and well behind offerings from powerhouse rivals Nike and Adidas.
By Daphne Howland • Aug. 1, 2023 -
Zara owner to cease business in Myanmar
Following a call from a global workers’ union to divest in the country, Inditex has begun its exit.
By Laurel Deppen • July 31, 2023 -
H&M, Nike among EU and UK stores tossing items meant for reuse or recycling
An investigation by Changing Markets Foundation found 76% of donated pieces were either destroyed, abandoned or shipped to Africa.
By Lara Ewen • July 31, 2023 -
Skechers logs record sales again in Q2 despite wholesale challenges
Executives pointed to strong performance of direct-to-consumer sales, particularly at retail locations.
By Laurel Deppen • July 28, 2023 -
Kering appoints new CFO amid modest H1 earnings
Sales at the luxury house lag behind rival firms, though a new partnership with Mayhoola may help reinvigorate the company.
By Lara Ewen • July 28, 2023 -
Richemont acquires controlling stake in Gianvito Rossi
The deal is not expected to have a material financial impact on Richemont’s assets or operating results for its current fiscal year.
By Laurel Deppen • July 28, 2023 -
Adidas to release more Yeezy inventory in August, including through wholesale partners
The decision comes just a few days after the athleticwear brand raised its guidance, citing the “positive impact” of the first Yeezy sale.
By Cara Salpini • July 28, 2023 -
Kering acquires 30% stake in Valentino
The deal includes an option for Kering to acquire 100% of the Italian luxury house by the end of 2028.
By Laurel Deppen • July 27, 2023 -
Fashion companies net $40B in retail sales from licenses: report
Authentic Brands Group was among the highest earners in the category.
By Laurel Deppen • July 27, 2023 -
Authentic Brands Group acquires Rockport out of bankruptcy
The brand conglomerate sees an opportunity to expand the footwear company's assortment into a "full lifestyle offering."
By Nate Delesline III • July 27, 2023 -
Prada profits jump 62% in H1
The increase was partly a result of strong retail net sales for Prada brand products and Miu Miu sales.
By Lara Ewen • July 27, 2023 -
Gap Inc. turns to Mattel operations chief Richard Dickson as CEO
The toy maker's longtime executive was instrumental in reinvigorating Barbie and other signature brands. Can he pull it off again?
By Daphne Howland • July 26, 2023 -
LVMH revenue up 15% for the first half of 2023
Its fashion and leather group reported revenue growth of 20%, although operating cash flow was halved due to real estate and operational investments.
By Lara Ewen • July 26, 2023 -
Project Runway finalist named creative director at Frederick’s of Hollywood
Candice Cuoco will show her first full collection for the brand this fall.
By Laurel Deppen • July 26, 2023 -
Adidas raises guidance after successful Yeezy drop
The first sale of leftover inventory slashed 250 million euros from its projected operating loss, and further drops could help even more.
By Cara Salpini • July 25, 2023