Corporate/Finance
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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 -
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 Laurel Deppen • July 16, 2025 -
Explore the Trendline➔
Thierry Chesnot via Getty ImagesTrendlineTop 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 -
Marni appoints new creative director
Meryll Rogge will succeed Francesco Risso, who left the OTB-owned house last month.
By Laurel Deppen • July 15, 2025 -
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 -
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 Laurel Deppen • July 15, 2025 -
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 Laurel Deppen • July 14, 2025 -
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 Laurel Deppen • July 11, 2025 -
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 Lara Ewen • July 11, 2025 -
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 -
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 Lara Ewen • July 10, 2025 -
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 Laurel Deppen • July 10, 2025 -
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 -
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 Lara Ewen • July 8, 2025 -
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 Laurel Deppen • July 7, 2025 -
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 Lara Ewen • July 7, 2025 -
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 -
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 Laurel Deppen • July 2, 2025 -
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 Lara Ewen • July 2, 2025 -
StockX names sneaker veteran as senior director of community, engagement
Brendan Dunne will also become a brand ambassador for the resale platform.
By Laurel Deppen • Updated July 1, 2025 -
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 -
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 Laurel Deppen • June 30, 2025 -
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 -
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 -
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 Laurel Deppen • June 27, 2025 -
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 Laurel Deppen • June 26, 2025