Corporate/Finance


  • A closeup of a store display. A grey and pink Skechers sneaker is seen next to a purple Skechers sneaker.
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    Brandon Bell via Getty Images
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    Skechers sues LL Bean for patent infringement

    Attorneys for the footwear giant accuse the retailer of illegally using its patented "heel cup" design.

    By July 19, 2024
  • A red sign with the Supreme logo is pictured illuminated at night.
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    The image by cchana is licensed under CC BY-SA 2.0
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    VF sells Supreme for $1.5B

    Luxury eyewear company EssilorLuxottica agreed to buy the brand, and the deal is expected to close at the end of the year.

    By July 17, 2024
  • Models in colorful clothes walk the runway during the Pharrell Williams Louis Vuitton Menswear Spring/Summer 2024 show finale as part of Paris Fashion Week. Explore the Trendline
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    Aurelien Meunier 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 2024, but few industries are more adept at reinvention or more suited to change.

    By Fashion Dive staff
  • Models in sheer clothing and short skirts walk down a curved staircase.
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    Tristan Fewings via Getty Images
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    Kering names new president of Americas

    Ewa Abrams was promoted to the role and replaces Laurent Claquin, who was recently named group chief brand officer.

    By July 17, 2024
  • A man in a suit strolls past a closed Ralph Lauren store in the evening.
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    Hollie Adams via Getty Images
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    Ralph Lauren hires Levi’s exec as new tech chief

    Christopher Conrad is taking over as chief digital and technology officer ahead of Janet Sherlock’s upcoming retirement.

    By Lindsey Wilkinson • July 17, 2024
  • A Cartier store with a visible logo is seen in an indoor mall.
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    Lauren DeCicca via Getty Images
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    Richemont Q1 sales down 19% in Asia Pacific

    The company posted a 1% overall sales decline as rebounds in the Americas and a strong uptick in Japan failed to compensate for weak comps out of China.

    By July 16, 2024
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    Daphne Howland/Fashion Dive
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    Macy’s ends talks with Arkhouse and Brigade, foiling $6.9B takeover

    The firms raised their bid in June, but their financing, tied in part to Macy’s own real estate, was lacking, the department store said Monday.

    By Daphne Howland • July 16, 2024
  • A model in sunglasses and a head scarf walks the runway.
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    Joe Maher via Getty Images
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    Burberry retail revenue plummets 22% in first quarter

    The results were posted on the same day the brand named a new CEO and comes against a backdrop of continuing luxury sector challenges.

    By July 15, 2024
  • Models in neutral toned outfits walk down a darkened runway.
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    Joe Maher via Getty Images
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    Burberry names new CEO

    Joshua Schulman replaces Jonathan Akeroyd as the luxury fashion house faces challenging economic headwinds.

    By July 15, 2024
  • A person in a white t-shirt works behind the counter at a cafe.
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    Scott Olson / Staff via Getty Images
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    Casual dress codes, informal etiquette may help recruiting and retention, survey indicates

    Employers may want to be more lenient with attire, cellphones and communication, but such shifts also may confuse employees if expectations aren't clear.

    By Carolyn Crist • July 15, 2024
  • A tan boat shoe is silhouetted against a white background.
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    Courtesy of American Exchange Group
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    American Exchange Group acquires Island Surf Company

    The brand will continue to be led by Joe O’Brien and is set to become part of White Mountain Footwear.

    By July 11, 2024
  • A dark runway is pictured, with no models on it. The words Shein X are displayed and the backdrop is blue, resembling water.
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    Kristy Sparow via Getty Images
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    Shein invests $270M to create Circularity Fund in EU, UK

    The fast fashion giant said the money will support startups as well as more mature businesses working in the textile-to-textile recycling space.

    By July 11, 2024
  • An exterior daytime shot of a large department store on a city street.
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    Peter Kramer via Getty Images
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    Bloomingdale’s names new men’s fashion director

    David Thielebeule, founding editor-in-chief of Grazia USA, takes on the role effective immediately.

    By July 10, 2024
  • A person is holding a phone displaying the Temu app, where a red dress is sold.
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    Screenshot: Temu

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    Temu holding company hit with class action lawsuit

    Whaleco allegedly sent Temu marketing texts to numbers listed on the national do-not-call registry, according to the complaint.

    By Updated July 10, 2024
  • People walk around in front of Saks Fifth Avenue and Hudson's Bay department stores.
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    "Hudson's Bay" by Jeff Hitchcock is licensed under CC BY 2.0
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    Saks COO is out

    Following HBC’s deal to take over Neiman Marcus and form “Saks Global,” RJ Cilley left to become chief executive at HVAC startup Voomi Supply.

    By Daphne Howland • July 10, 2024
  • A model in a furry coat walks down a runway flanked by two large, stylized cartoon monsters.
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    Gareth Cattermole via Getty Images
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    Mulberry appoints new CEO

    Andrea Baldo, formerly of Ganni, joins the luxury fashion brand in September and replaces Thierry Andretta, who is exiting the company immediately.

    By July 9, 2024
  • A label hangs from a pair of pants. The label reads "Express."
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    Brandon Bell via Getty Images
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    Express bankruptcy spurs layoffs at Ohio facility

    The company's logistics and shipping partner Bath & Body Works is shrinking its distribution operations for the apparel retailer due to declines in volume.

    By Philip Neuffer • July 9, 2024
  • Model in a brown shorts outfit walks on a runway flanked with stalks of wheat.
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    Vittorio Zunino Celotto via Getty Images
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    Max Mara and Shiseido sign long-term fragrance deal

    The partnership will grant the Japan-based beauty giant an exclusive worldwide license to develop, produce, market and distribute scents for the luxury fashion house.

    By July 8, 2024
  • A large, white building with the words Neiman Marcus on the side stands in a parking lot.
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    Scott Olson via Getty Images
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    Saks Fifth Avenue parent company to acquire Neiman Marcus Group for $2.6B

    The rival companies will continue to operate independently and the deal is partially funded by e-commerce giant Amazon.

    By July 8, 2024
  • Two people stand side by side against a white background and stare at the camera.
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    Courtesy of Benjamin Askinas for Flipper's World
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    Roller skating brand Flipper’s World names fashion insider CEO

    The company, owned by model Liberty Ross in partnership with musician Usher, hired former Fear of God COO Eddie Bromberg ahead of its apparel launch.

    By July 1, 2024
  • Jay Gaines is pictured for a professional headshot in front of a grey background.
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    Courtesy of Worldly
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    Worldly expands C-suite with 2 new hires

    Kevin Vranes and Jay Gaines were brought in to work on product innovation and marketing as the sustainability data platform looks to expand its reach.

    By July 1, 2024
  • A person walks in front of a Nike store.
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    Kevin Frayer/Getty Images via Getty Images
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    Nike expects more revenue declines ahead after ‘sluggish’ Q4

    CEO John Donahoe said the company is “embracing a more balanced approach” to DTC and wholesale after a rough set of numbers.

    By Cara Salpini • July 1, 2024
  • A Skechers retail store.
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    Courtesy of Skechers
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    Skechers supplier accused of using forced labor

    The shoe material maker and two other vendors joined the Department of Homeland Security’s list of companies banned from importing goods into the U.S.

    By Kelly Stroh • June 28, 2024
  • Four people stand for a professional headshot.
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    Courtesy of TrusTrace
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    TrusTrace upgrades forced labor screening

    The platform’s supply chain tool uses AI to reduce “the likelihood of human error” and help fashion brands with regulatory compliance.

    By June 28, 2024
  • A person in a black suit jacket stands at the top of a white runway and bows slightly.
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    Slaven Vlasic via Getty Images
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    Lanvin names Peter Copping artistic director

    The former head of Balenciaga couture will be the first creative lead at the luxury house since the April 2023 departure of Bruno Sialelli.

    By June 27, 2024
  • Actor Jeremy Allen White is pictured for a photoshoot in black and white. He is wearing Calvin Klein boxer briefs and a wet T-shirt.
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    Courtesy of PVH Corp.
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    Deep Dive

    Calvin Klein’s Jeremy Allen White ads turned heads, but the biggest impact may be to the brand’s image

    “The Bear” star’s images generated $74 million in media impact value amid a years-long effort by holding company PVH to make the line more desirable.

    By June 27, 2024