Brands: Page 42

  • A neon crocodile sign in front of vintage advertising.
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    Vivien Killilea via Getty Images
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    Lacoste collabs with Sporty & Rich for new vintage-inspired collection

    The partnership between the two preppy brands features a 22-piece line of apparel and accessories.

    By • May 26, 2023
  • A building with a pitched roof and "Athleta" in big block letters is seen at a slant from below.
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    Daphne Howland/Fashion Dive
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    Gap Inc. losses shrink in Q1 as sales continue to slide

    Major cost cuts, including the elimination of some 2,300 jobs in recent months, are helping stabilize the bottom line.

    By Daphne Howland • May 26, 2023
  • A black-and-white handbag is seen being held on the Chanel runway.
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    https://www.gettyimages.com/detail/news-photo/model-bag-detail-walks-the-runway-during-the-chanel-news-photo/1471870476?adppopup=true via Getty Images
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    Chanel sales rise to a record $17B

    The privately owned luxury house plans to increase its workforce and expand its London headquarters in the coming year.

    By • May 25, 2023
  • A headshot of Nike executive Craig Williams against a grey background.
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    Courtesy of Nike
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    In massive executive shuffle, Nike names new Jordan president

    Craig Williams will take on a new role as president of geographies and marketplace, while Sarah Mensah takes on Jordan. The retailer also named a new head of North America.

    By Cara Salpini • May 25, 2023
  • A Chanel sign is pictured outside of its retail store
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    Drew Angerer/Getty Images via Getty Images
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    Chanel buys partial stake of Italian yarn maker Cariaggi

    The French luxury fashion house teamed up with Brunello Cucinelli in a joint agreement, with both now owning 24.5% of the natural fibers supplier.

    By • May 24, 2023
  • Ludovic de Saint Sernin is pictured on a runway wearing his collection.
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    Thierry Chesnot/Getty Images via Getty Images
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    Ludovic de Saint Sernin departs Ann Demeulemeester: reports

    De Saint Sernin designed only one collection for the luxury brand.

    By • May 23, 2023
  • A group of Yeezy shoe products on a beige background.
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    Courtesy of Adidas
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    Adidas to start selling Yeezy products at the end of May

    It’s the first time the products have been up for sale since Adidas broke ties with Kanye West, also known as Ye, in October.

    By Cara Salpini • May 22, 2023
  • To the right of a mall store entrance, a minimalist gray granite facade features the red and white Lululemon logo and white lettering.
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    Daphne Howland/Fashion Dive
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    Lululemon inks multiyear partnership to recycle nylon, polyester

    The deal with Samsara Eco marks the activewear maker’s first minority investment in a recycling company.

    By • May 22, 2023
  • Canada Goose's first footwear campaign
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    Courtesy of Canada Goose
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    Canada Goose revenue jumps in Q4 as it focuses on DTC

    The brand is leaning into its direct-to-consumer channel, which saw sales increase 22.6% in the period, as it plans to open 16 stores in fiscal 2024.

    By Dani James • May 19, 2023
  • A woman in a lavender jumpsuit sits on one hip staring into the distance
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    Courtesy of Nuuly
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    Nuuly partners with plus-size brand Eloquii

    The new partnership between the Urban Outfitters-owned clothing rental service and the plus-size DTC brand is exclusive, and it debuts with 25 styles.

    By • Updated May 19, 2023
  • A Shein store is pictured.
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    Xavi Torrent/Getty Images for SHEIN via Getty Images
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    Shein raises $2B but valuation drops: WSJ

    Despite the new funding, the fast fashion giant’s value has reportedly decreased to $66 billion.

    By • Updated May 18, 2023
  • Burberry handbags sit in a store window reflecting a grey day.
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    Hollie Adams via Getty Images
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    Burberry sales rebound despite weak US showing

    The fourth quarter boost was aided by a comeback in China, the luxury company’s biggest market.

    By • May 18, 2023
  • A Scotch & Soda storefront in Berlin
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    Courtesy of Scotch & Soda
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    B. Riley acquires equity interest in Scotch & Soda through Bluestar

    The arrangement solidifies financial ties between the financial group and the brand management company, and adds to a growing stable of fashion labels under their control.

    By • Updated May 17, 2023
  • A black-and-white picture of a man in a black leather suit jacket, white t-shirt and jeans standing at an angle and staring moodily at the camera
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    Courtesy of Bally
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    Bally’s creative director is out

    Rhuigi Villaseñor is leaving just over a year after joining the Swiss luxury fashion house.

    By • May 17, 2023
  • A the interior of a store glows through the front windows, with a sign reading "Bonobos" in white capital letters above.
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    Courtesy of Express, Inc. and WHP Global
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    Deep Dive

    What’s behind Walmart’s DTC selloffs?

    The retail giant has been ditching its e-commerce acquisitions for years to refocus on its core. But it could also mean a fresh start for Eloquii and Bonobos.

    By Dani James • May 17, 2023
  • "Do the right thing" sculpture at the Nike headquarters in 2018
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    Natalie Behring via Getty Images
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    Nike faces lawsuit over greenwashing claims

    A Missouri plaintiff said that 90% of the products Nike advertises as using recycled materials don’t, and that some of the recycled materials themselves are environmentally harmful.

    By Daphne Howland • May 16, 2023
  • Customers gather outside a corner concrete store with a banner across the front that reads Shein
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    Presley Ann via Getty Images
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    Shein invests $70M toward upgrading its supply chain

    The company hopes its five-year financial commitment will improve conditions at its third-party manufacturing suppliers.

    By Howard Ruben • May 16, 2023
  • A row of black hangers hang on a silver clothes rod with the numbers 18 and 20 on the hanger necks.
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    Chris Jackson via Getty Images
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    Nonplussed: Fashion’s surprisingly big problem with gender and size

    Inclusive clothing ranges regularly leave men and nonbinary people out of the conversation.

    By Howard Ruben • May 15, 2023
  • Arched doorway leading to a storefront with the words maison margiela on it. An iron chandelier hangs in the foreground.
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    Vittorio Zunino Celotto via Getty Images
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    Maison Margiela CEO resigns

    Gianfranco Gianangeli has led the OTB-owned house since 2020, and a successor has not been named.

    By • May 12, 2023
  • Kanye West at Milk Studios
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    Jonathan Leibson / Stringer via Getty Images
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    Adidas plans to sell some of its Yeezy inventory and donate the money

    CEO Bjørn Gulden said Thursday that burning the $1.3 billion worth of products was not the solution.

    By Cara Salpini • May 12, 2023
  • Prada storefront in New York City.
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    Kaarin Vembar/Fashion Dive
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    Prada Group Q1 sales soared to over $1.16B

    The surge was driven by strong retail sales and growth for the Miu Miu brand, which was up 42%.

    By • May 12, 2023
  • Gold tone glass window with the words tapestry, coach, Kate spade and Stuart Weitzman etched on it.
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    Daphne Howland/Fashion Dive
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    Tapestry’s Q3 revenue growth fueled by young consumers

    The company says it acquired 1.2 million new customers in North America, approximately half of whom were Gen Z and millennials.

    By • May 12, 2023
  • People walking outside a Sperry shoe store during the day.
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    Jason Squires via Getty Images
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    Wolverine is ‘exploring strategic alternatives’ for Sperry

    CEO Brendan Hoffman said during an earnings call that the footwear company needs to focus on its core brands, including Merrell, Saucony and Sweaty Betty.

    By • May 11, 2023
  • Bergdorf Goodman storefront with display windows of mannequins in a coat, suit and dress.
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    Spencer Platt via Getty Images
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    Bergdorf Goodman’s 5-part circular program aims to extend life of luxury goods

    Conscious Closet lets customers edit, repair, alter, resell or donate their garments.  

    By Howard Ruben • May 11, 2023
  • Screenshot of an Instagram page featuring six panels of 1970s fashion on models.
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    Retrieved from Bidayat/Walter Albini Archive on May 09, 2023
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    Bidayat to relaunch 1970s Italian fashion brand Walter Albini

    The Swiss investment firm founded by Rachid Mohamed Rachid purchased the label’s archives and intellectual property for an undisclosed amount.

    By • May 9, 2023