Corporate/Finance


  • Tall trees in front of a bike, boat and ski store.
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    Daphne Howland/Fashion Dive
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    L.L. Bean in search of a new CEO

    Stephen Smith, the retailer’s first chief executive from outside the company or founding family, will leave next spring after a decade in the post.

    By Daphne Howland • July 16, 2025
  • A professional headshot of Helena Helmersson
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    Courtesy of Mango
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    Mango adds former H&M CEO to board

    Helena Helmersson is chairman of Circulose, which just signed a partnership with Mango to integrate recycled textiles into its supply chain.

    By July 16, 2025
  • A group of models wearing clothes by designer Willy Chavarria pose on steps, flanked by potted palm trees. Explore the Trendline
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    Thierry Chesnot via Getty Images
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    Trendline

    Top 5 stories from Fashion Dive

    Fashion faced its share of shakeups in the first half of 2025, but few industries are more adept at reinvention or more suited to change.

    By Fashion Dive staff
  • Meryll Rogge in a professional headshot.
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    Courtesy of Gretar Gunnlaugsson/OTB
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    Marni appoints new creative director

    Meryll Rogge will succeed Francesco Risso, who left the OTB-owned house last month.

    By July 15, 2025
  • A person stretches across barstools at a diner.
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    Courtesy of Levi Strauss & Co.
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    Levi’s ups guidance despite tariff impact

    The brand is leaning on partnerships with Beyoncé, Shaboozey and Nike as it works to boost its direct-to-consumer channel worldwide.

    By Daphne Howland • July 15, 2025
  • A group of people in a Gen Phoenix factory stand by a pile of material. A person holds the material.
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    Courtesy of Gen Phoenix
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    Tapestry increases stake in recycled leather maker

    The Coach owner signed a supply agreement and is participating in Gen Phoenix’s $15 million funding round.

    By July 15, 2025
  • A laptop displaying the Shein website and a phone displaying the Shein logo.
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    Ben Montgomery via Getty Images
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    Shein faces class action lawsuit over marketing texts

    The fast fashion giant is accused of repeatedly texting those on the national Do-Not-Call registry.

    By July 14, 2025
  • An interior view of a Brunello Cucinelli boutique.
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    Claudio Lavenia/Getty Images for Brunello Cucinelli via Getty Images
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    Brunello Cucinelli continues upward trend in tough economy

    The Italy-based fashion house reaffirmed its projection of double-digit growth for the fiscal year amid mixed results for the overall luxury sector.

    By July 11, 2025
  • The exterior of a Burberry store features two flags displaying the brand's logos.
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    Carl Court via Getty Images
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    Analysts say ‘it’s a sobering time for luxury sales’

    In a preview of July revenue releases from LVMH, Richemont, Burberry and others, HSBC said that Liberation Day tariff announcements negatively impacted the market in April.

    By July 11, 2025
  • A Neiman Marcus department store, surrounded by trees.
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    Daphne Howland/Fashion Dive
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    S&P Global Ratings downgrades Saks, warns latest financing deal is ‘tantamount to a default’

    Saks Global emphasized that there’s no default related to its new agreement with bondholders, calling the rating updates “common and expected with transactions like these.”

    By Daphne Howland • July 10, 2025
  • A corporate headshot of designer Nicole Miller.
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    Courtesy of Nicole Miller
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    Nicole Miller signs licensing partnership for Latin America

    The deal with Tycoon Enterprises will launch the New York-based lifestyle brand next year in key markets throughout the region, prioritizing Mexico.

    By July 10, 2025
  • An exterior of a Mulberry store, with a fake telephone box outside of it. Two mannequins are in the window display.
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    Clemens Bilan/Getty Images for Mulberry via Getty Images
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    Mulberry raises $27M to accelerate turnaround strategy

    The funding round was announced at the same time the company reported a 21% revenue decline for its latest fiscal year.

    By July 10, 2025
  • Levi's storefront
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    Kaarin Moore/Fashion Dive
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    Levi Strauss to lay off hundreds with Kentucky distribution center closure

    The company is changing its distribution strategy from an owned model to a mix of owned and third-party operated centers.

    By Kaarin Moore • July 9, 2025
  • A handbag on display against a pinkish background featuring the logo of Louis Vuitton.
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    Bryan Bedder via Getty Images
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    LVMH names new chairman and CEO of LVMH Americas

    Michael Burke, who previously led LVMH’s fashion group, will be responsible for representing the luxury fashion conglomerate in North and South America.

    By July 8, 2025
  • A closeup of a Shein sign on a wall.
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    The image by Dick Thomas Johnson is licensed under CC BY 2.0
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    Shein fined $47M for misleading promotions in France

    An investigation by the country’s antitrust authority found that more than half of the fast fashion company’s promotions involved no real price reduction.

    By July 7, 2025
  • In a mall, a person rides an escalator in front of a Steve madden store.
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    Kevin Frayer via Getty Images
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    Steve Madden’s chief merchandising officer exits

    Karla Frieders voluntarily resigned after more than 26 years with the company, and there are no plans to appoint a successor.

    By July 7, 2025
  • A black "Lululemon" sign features the red and white brand logo and white lettering, hanging in front of a leafy tree.
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    Daphne Howland/Fashion Dive
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    Can Lululemon make a federal case out of ‘dupe culture’?

    In a lawsuit against Costco over a variety of apparel designs, the athleisure brand laments the proliferation of “LululemonDupes” on social media.

    By Daphne Howland • July 7, 2025
  • The interior of a Brandy Melville store.
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    The image by Phillip Pessar is licensed under CC BY 2.0
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    Brandy Melville sues Shein for copyright infringement, unfair competition

    Shein is accused of selling an item based on a Brandy Melville photo and sending a dupe instead, a lawsuit says.

    By July 2, 2025
  • A woman in jeans, a white T-shirt and high heels walks at the end of a runway.
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    JP Yim via Getty Images
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    Victoria Beckham inks eyewear deal with Safilo

    The 10-year global agreement includes both optical and sun lines and is set to debut in January 2026.

    By July 2, 2025
  • Brendan Dunne is pictured in front of shelves staked with shoe boxes.
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    Courtesy of Hyeonwoo Lee/Magazine B.
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    StockX names sneaker veteran as senior director of community, engagement

    Brendan Dunne will also become a brand ambassador for the resale platform.

    By Updated July 1, 2025
  • A Saks store in Chicago.
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    Kaarin Moore/Fashion Dive
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    Saks Global $600M deal with bondholders includes $200M in new financing

    As the holidays loom and past vendor payments come due, the package replaces a previous proposal for $350 million in new financing.

    By Daphne Howland • July 1, 2025
  • An exterior of a Vera Wang store.
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    Courtesy of WHP Global
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    Vera Wang to launch ready-to-wear in Europe through new licensing agreement

    Following the acquisition by WHP Global earlier this year, the brand will create womenswear and menswear lines to be distributed across the continent.

    By June 30, 2025
  • A person is seen shopping at a grocery store.
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    Spencer Platt via Getty Images
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    Consumers care about climate change and expect businesses to act, new report finds

    A study from Getty Images found that the vast majority of consumers believe businesses should use their resources to improve society and the environment.

    By Lauren Schenkman • June 30, 2025
  • A Neiman Marcus storefront in downtown Chicago
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    Kaarin Moore/Fashion Dive
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    Stores veteran departs as Saks Global further streamlines operations

    Larry Bruce, who was at Neiman Marcus for nearly a decade before jumping to Saks Fifth Avenue in 2003, is leaving the luxury conglomerate.

    By Daphne Howland • June 27, 2025
  • A closeup of a phone homescreen showcasing the Temu and Shein apps.
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    Stock via Getty Images
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    Customers are ditching Shein and Temu. Can Amazon win them over?

    Third-party sellers that fulfill orders through the e-commerce giant’s network may stand to gain as the fast fashion giants face heightened tariffs.

    By June 27, 2025
  • A person walks in front of a Skechers store in a mall.
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    Brandon Bell via Getty Images
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    Skechers go-private deal granted antitrust clearance, but faces another hurdle

    A shareholder group filed a motion asking the footwear company to refrain from closing the deal.

    By June 26, 2025