Corporate/Finance
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Victoria’s Secret expects $10M hit to Q2 operating income from cybersecurity breach
Newly arrived marketing chief Elizabeth Preis has been tasked with customer acquisition as the lingerie giant continues to lose market share.
By Daphne Howland • June 13, 2025 -
Vera Bradley CEO, CFO depart
The company, which posted a 24% net revenue decline in the first quarter, suspended guidance and announced the creation of a strategy and transformation committee.
By Lara Ewen • June 12, 2025 -
Marks & Spencer restores some online-order operations following cyberattack
The department store chain was one of the first targets in an international spree of attacks that disrupted retailers.
By David Jones • June 11, 2025 -
Shein pushes consumers toward overconsumption, report says
An EU consumer group said the fast fashion giant uses “dark patterns” to trigger unwilling spending.
By Laurel Deppen • June 10, 2025 -
Torrid to close as many as 180 stores, 30% of its fleet
The plus-size apparel retailer already keeps about 60% of sales and customers from shuttered locations, and plans to invest in retention efforts.
By Daphne Howland • June 9, 2025 -
Dr. Martens plans shift to ‘consumer-first’ mindset
After revenue fell by double digits in the latest fiscal year, the footwear brand is instituting a new growth strategy.
By Laurel Deppen • June 9, 2025 -
G-III withdraws guidance due to tariff uncertainty
Despite a 40% net income increase for Q1, the DKNY owner anticipated significant negative supply chain impacts in the second half of the year.
By Lara Ewen • June 6, 2025 -
Beauty brands blend AI into operations
The Estée Lauder Companies, Coty and Ulta Beauty are pushing forward on the technology to save costs, tailor communications and optimize forecasts.
By Lindsey Wilkinson • June 6, 2025 -
The North Face customers’ personal information compromised in cyber attack
About 1,500 affected users of the VF-owned brand’s website had their passwords reset.
By Laurel Deppen • June 6, 2025 -
PVH is ‘focused on what we can control’ in uncertain consumer environment
The Calvin Klein and Tommy Hilfiger owner is working to reach $12.5 billion in revenue by this year.
By Laurel Deppen • June 5, 2025 -
Authentic extends Boardriders Japan partnership
The expanded agreement adds outdoor sports brands Volcom and Spyder to an existing stable of managed retail labels including Quiksilver and Billabong.
By Lara Ewen • June 5, 2025 -
Ralph Lauren tackles tariffs with agile supply chain
The fashion brand can shuffle manufacturing across a network that spans five continents to mitigate the impact of tariffs on costs, said CFO Justin Picicci.
By Antone Gonsalves • June 5, 2025 -
Dr. Martens taps former Adidas exec for chief brand officer
Carla Murphy will lead the company’s creative direction, and succeeds Ije Nwokorie, who was promoted to CEO.
By Laurel Deppen • June 4, 2025 -
Skechers sued by investor group over go-private deal
A lawsuit alleges the footwear giant violated federal securities law by failing to disclose important information to shareholders.
By Laurel Deppen • June 3, 2025 -
Retrieved from Mizuno on June 03, 2025
Mizuno to phase out kangaroo leather
The company said it planned to gradually stop using the marsupial skin in its products but didn’t give a specific timeline.
By Lara Ewen • June 3, 2025 -
Saks Global rescues its holiday with $350M in new financing
Without the infusion, the luxury department store company would struggle to pay vendors ahead of the critical season, analysts say.
By Daphne Howland • June 3, 2025 -
Jonathan Anderson will lead fashion at Dior
The former Loewe creative director is the first designer to helm women’s, men’s and haute couture since house founder Christian Dior.
By Lara Ewen • June 2, 2025 -
Gap Inc. braces for as much as $300M in tariff-related costs
As import levies threaten the apparel retailer’s momentum, including a potential $150 million hit to margins, executives said pricing won’t change.
By Daphne Howland • June 2, 2025 -
StockX names new head of creative
Daniel De Jesus Krueger, who previously worked with LeBron James and the Nike Brand Studio, will be responsible for the resale platform’s creative vision.
By Laurel Deppen • June 2, 2025 -
Adidas ‘does not own all stripes,’ Steve Madden says in lawsuit
The footwear brand is asking a federal judge to confirm that two of its sneaker designs don’t infringe on Adidas’ three-stripe trademark.
By Laurel Deppen • May 30, 2025 -
Maria Grazia Chiuri exits Dior Women
The house’s first woman creative director showed her last collection for the label earlier this week.
By Laurel Deppen • May 29, 2025 -
Capri reports dismal fourth quarter
The proposed sale of Versace to Prada Group may help pay down debt, but steep losses at Michael Kors and soft sales at Jimmy Choo continued to drag down revenue.
By Lara Ewen • May 28, 2025 -
Nike to return to Amazon, raise prices
The sportswear giant will sell on the U.S. site after six years away. Meanwhile, prices are going up for many of its footwear products.
By Cara Salpini • May 28, 2025 -
Dr. Martens hires Nike vet as Americas president
Paul Zadoff is joining the footwear brand as it works to drive demand for its boots in the U.S.
By Laurel Deppen • May 28, 2025 -
Shein infringes on EU consumer protection laws
The European Commission is asking the fast fashion giant to address potential issues, including fake discounts and pressure selling.
By Laurel Deppen • Updated May 28, 2025