Richemont sales boosted by fine jewelry

Challenges at the company’s watchmaker division offset gains elsewhere and resulted in an overall 4% revenue increase for fiscal 2025.

By Lara Ewen • May 16, 2025

Ferragamo revenue slips as Asia Pacific sales decline 13%

The company’s DTC business fell in the first quarter of 2025, but global gains in the wholesale channel helped offset some losses.

By Lara Ewen • May 15, 2025

American Eagle Outfitters pulls guidance, writes down $75M in inventory

The preliminary Q1 results also revealed a 5% revenue decline and steep operating losses.

By Dani James • May 15, 2025

Burberry plans 1,700 job cuts as revenue sinks

Following a significant profit decline for fiscal 2025, the company said it planned to focus on heritage products and a streamlined inventory strategy.

By Lara Ewen • May 14, 2025

On is raising some prices, but it isn’t because of tariffs

The athletics company saw net sales increase 43% and plans to increase pricing to further differentiate itself as a premium brand in the market.

By Dani James • May 14, 2025

Vince faces potential delisting

The New York Stock Exchange said the company’s market cap and stockholders’ equity had dropped below continued standards.

By Lara Ewen • May 13, 2025

Nearly half of shoppers are concerned about tariff-related fashion costs: report

Buyers are willing to switch brands if prices rise, which marketing firm Wunderkind said gives challenger brands the opportunity to capture new customers.

By Laurel Deppen • May 13, 2025

Aeffe revenue nosedives more than 23% in first quarter

The Moschino and Alberta Ferretti parent company posted double-digit sales declines in every region.

By Lara Ewen • May 12, 2025

US, China agree to reduce tariff rates for 90 days

By Wednesday, the two countries will charge 10% baseline duties during the period and remove certain retaliatory levies that pushed rates over 100%.

By Philip Neuffer • May 12, 2025

Crocs yanks guidance, citing trade uncertainty

The company recently joined with other footwear brands to urge the Trump administration to exempt the category from tariffs.

By Daphne Howland • May 9, 2025

Calvin Klein global brand president exits

Eva Serrano will remain at the company through the end of the year to support the transition of her successor, David Savman.

By Lara Ewen • May 9, 2025

Tapestry reports record third quarter, raises guidance

Coach revenue gains offset losses at Kate Spade, while Stuart Weitzman saw steep declines ahead of its sale to Caleres this summer.

By Lara Ewen • Updated May 9, 2025

Nike names new brand president as Hill shuffles leadership structure

As part of a reorganization, Amy Montagne will now lead the Nike brand, while 26-year veteran Heidi O’Neill is retiring.

By Cara Salpini • May 8, 2025

Hugo Boss beats expectations with 2% revenue decline

First-quarter retail and wholesale sales fell amid soft demand in the U.S. and consumer uncertainty in China.

By Lara Ewen • May 7, 2025

JCPenney to launch plus-size collection with model Ashley Graham

The line will be available both in stores and online starting this fall.

By Laurel Deppen • May 6, 2025

Skechers to go private in $9.4B deal

3G Capital is paying $63 per share in cash, which analysts say represents a bet that the footwear sector will be profitable in the long term despite tariffs.

By Laurel Deppen • Updated May 5, 2025

Temu walks back price increases

The fast fashion giant said it would transition to a “local fulfillment model” to circumvent the U.S.’ 145% tariff on imports from China.

By Laurel Deppen • May 5, 2025

VF lays off about 400 employees

The Vans owner said the cuts are part of the company’s ongoing turnaround strategy.

By Laurel Deppen • May 2, 2025

Gildan Activewear says it has a competitive advantage against tariffs

The company said its products contain a significant amount of cotton and yarn sourced from the U.S., and expects to see revenue growth in 2025.

By Laurel Deppen • May 1, 2025

Adidas: If tariffs stay, ‘of course there will be price increases’

CEO Bjørn Gulden stressed that they have not been implemented yet, though, and the retailer will follow the lead of others in the market.

By Cara Salpini • May 1, 2025

Authentic partners with Caprice Australia on Quiksilver, Billabong

Through the deal, subsidiary BR South Pacific will transition and manage operations for multiple sports and outdoor brands across Australia, New Zealand and the South Pacific.

By Lara Ewen • May 1, 2025

Miu Miu sales jump 60% in Prada Group’s first quarter

The Prada brand posted sluggish retail results, but the company’s overall revenue rose 13% ahead of its planned Versace acquisition.

By Lara Ewen • April 30, 2025

Online retailers in the US spent an average of $400k on AI last year

Despite aiming that investment at customer experience, 30% of executives told Storyblok that the tech only slightly improved the shopper’s experience.

By Tatiana Walk-Morris • April 30, 2025

Consumer expectations plunge at fastest pace since 1990 recession

“Some measures of expectations on both the business and consumer fronts look outright recessionary,” Goldman Sachs Chief Economist Jan Hatzius said.

By Jim Tyson • April 29, 2025

Resale platform Trove acquires Reverse.supply in move to expand in Europe

Company executives are positioning the deal as a way for more brands to comply with producer responsibility legislation.

By Laurel Deppen • April 28, 2025