Corporate/Finance: Page 12

  • The inside of Vuori's first store in China
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    Courtesy of Vuori
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    With latest investment, Vuori’s valuation hits $5.5B

    An $825 million infusion led by General Atlantic and Stripes will fortify the athleisure brand’s already formidable challenge to market leader Lululemon.

    By Daphne Howland • Nov. 12, 2024
  • A closeup view of a model in a beige top carrying a beige handbag.
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    Pascal Le Segretain via Getty Images
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    Richemont struggles continue as first half operating profits fall 17%

    Sharp declines in the company’s watch division were slightly offset by single-digit gains elsewhere, but losses in China continued to weigh on revenue.

    By • Nov. 11, 2024
  • 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
  • A Steve Madden storefront.
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    The image by Harrison Keely is licensed under CC BY 4.0
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    Steve Madden continues to see boost from Almost Famous acquisition

    The company’s wholesale division has benefited in the year since the deal, particularly in accessories and apparel.

    By • Nov. 11, 2024
  • A smiling person with short hair, wearing a gray hoodie and crossing their arms.
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    Courtesy of StockX
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    StockX co-founder to take over as CEO amid declines in sneaker resale

    Greg Schwartz, who has been the company’s chief operating officer since its 2016 launch, will replace Scott Cutler, an early investor.

    By Daphne Howland • Nov. 11, 2024
  • The storefront of a Michael Kors shop shows severa;
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    Michael M. Santiago via Getty Images
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    Capri revenue falls sharply as hopes of a Tapestry merger dim

    Jimmy Choo saw single-digit growth, while the company attributed second quarter declines at Versace and Michael Kors to soft luxury demand.

    By • Nov. 8, 2024
  • An aerial view of the HanesBrands headquarters building in North Carolina.
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    Courtesy of HanesBrands
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    HanesBrands expects to return to revenue growth in Q4

    Following the sale of Champion, the company is looking to distinguish itself as a focused innerwear business, and some analysts think it’s working.

    By • Nov. 8, 2024
  • A model, Naomi Campbell, walks down a runway wearing a white jacket as viewers watch from the side.
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    Theo Wargo via Getty Images
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    Ralph Lauren sees 6% revenue boost, driven by strong retail sales

    The company increased its average unit retail price by 10% and raised its full-year fiscal 2025 outlook.

    By • Nov. 8, 2024
  • A white Coach bag with a gold chain strap is displayed in a store window.
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    Michael M. Santiago via Getty Images
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    Tapestry logs better-than-expected net sales, driven by Coach

    The Kate Spade and Stuart Weitzman owner said it wouldn’t pursue more mergers in the near term if its Capri Holdings acquisition failed.

    By • Nov. 7, 2024
  • A person ties a sneaker with the word Saucony on it.
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    Retrieved from Saucony on November 07, 2024
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    Wolverine World Wide losses narrow as fiscal 2024 outlook improves

    CEO Chris Hufnagel said Saucony outpaced company forecasts despite a 10% drop in Q3 revenue at the brand.

    By • Nov. 7, 2024
  • The White House sits in the background on a sunny day. The lawn in front is green.
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    Kent Nishimura via Getty Images
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    5 ways the election will impact fashion

    Once a new administration is in place, policy shifts and legislative changes may have wide-ranging impacts on the industry, both at home and abroad.

    By , • Nov. 6, 2024
  • An Allbirds storefront on Abbot Kinney Boulevard in California.
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    Cara Salpini/Fashion Dive
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    Deep Dive

    DTC is dead. Long live DTC.

    As a channel, it remains key to growth for many retailers. But the era of the DTC brand as we know it is over.

    By Cara Salpini • Nov. 6, 2024
  • Hawke & Co. puffer jackets in various colors are hanging on a rack.
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    Retrieved from Hawke & Co. on November 05, 2024
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    Outerwear brand Hawke & Co. to relaunch

    The company hired Michael Macko, previously of Saks Fifth Ave, as fashion director.

    By • Nov. 5, 2024
  • A models walks on a runway wearing a casual suit. On the sides of the runway are tall plants and weeds.
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    Vittorio Zunino Celotto via Getty Images
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    Hugo Boss reports third straight quarter of muted sales

    The company attributed its weak numbers to a “persistently challenging market environment.”

    By • Nov. 5, 2024
  • President Joe Biden speaks at a podium with Vice President Kamala Harris and Speaker of the House Mike Johnson behind him.
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    Chip Somodevilla / Staff via Getty Images
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    De minimis overhaul will start before next president: former Biden official

    A rulemaking proposal being issued by early December is very likely, according to former White House COVID-19 supply coordinator Tim Manning.

    By Max Garland • Nov. 5, 2024
  • A pair of jeans with their size label are laid out on a blank background.
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    Retrieved from Dennis Sylvester Hurd.
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    Kontoor Brands sees quarterly revenue grow for the first time since last year

    The Wrangler and Lee parent company expects gains to continue in Q4, which leadership attributed to a transformation initiative.

    By • Nov. 4, 2024
  • A person is seen holding a phone with the Temu app. They are viewing a shirt.
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    Screenshot: Temu

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    Temu under EU Commission probe

    The Commission opened formal proceedings to determine if the fast fashion giant violated the Digital Services Act.

    By • Nov. 4, 2024
  • Shelves are stacked with graphic T-shirts by the Children's Place.
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    Arturo Holmes/Getty Images for The Children's Place, Inc. via Getty Images
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    The Children’s Place launches storefront on Shein

    The deal allows the retail company to distribute its products through the fast fashion giant’s platform and diversify its omnichannel strategy.

    By • Nov. 1, 2024
  • A Gildan knitting facility.
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    Courtesy of Gildan
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    Gildan gains market share in printwear, but still sees decline in underwear sales

    The company reported record revenue for Q3 as it continues its growth strategy.

    By • Nov. 1, 2024
  • A large, lit-up sportswear store at night.
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    Courtesy of Adidas
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    Adidas reaches settlement with Ye as Yeezy inventory dwindles

    The brand says it has momentum, though some analysts wonder what will follow the current hype around its legacy Terrace styles.

    By Daphne Howland • Nov. 1, 2024
  • The exterior Columbia Sportswear store.
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    The image by Michael Rivera is licensed under CC BY-SA 4.0
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    Columbia wants to attract ‘younger and more active consumers’ with new strategy

    The company announced a plan to grow its namesake brand during its Q3 earnings report, in which it saw a 5% net sales decrease.

    By • Oct. 31, 2024
  • The interior of a Draper James store. Clothes are folded on a table and hanging on display.
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    Rick Diamond/Getty Images for Draper James via Getty Images
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    Draper James hires Michael Kors veteran as CEO

    New CEO Jeannie Yoo also stepped into an advisory role with Consortium Brand Partners, which took a majority stake in the brand a year ago.

    By Howard Ruben • Oct. 31, 2024
  • A storefront with the word Prada written on the front is lit up within.
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    Lauren DeCicca via Getty Images
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    Prada Group revenue challenges luxury slowdown narrative

    Overall group retail sales were up 15% for the first nine months, and the Miu Miu brand was up 97% for the period.

    By • Oct. 30, 2024
  • The interior of a Timberland store. Mannequins wearing Timberland clothes stand on a table display as customers walk around it.
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    Matthew Eisman/Getty Images for Pandora Media via Getty Images
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    VF saw revenue decline at each of its brands, but shares soar after earnings

    The Vans owner has been undergoing a turnaround effort over the last year, and its CEO said its beginning to see results.

    By • Oct. 29, 2024
  • A line of Esprit stores in an airport terminal have closed steel gates.
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    Andreas Rentz via Getty Images
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    Esprit US subsidiaries file for bankruptcy

    The Chapter 7 notices come in the wake of more than a dozen similar filings from Esprit Holdings subsidiaries around the world.

    By • Oct. 29, 2024
  • A black flag that says "The Real Real" hangs off a building's dark trim.
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    Daphne Howland/Fashion Dive
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    The RealReal CEO out after less than 2 years

    Rati Sahi Levesque, who helped found the company in 2011, has replaced John Koryl, who arrived in February last year and has now left the company.

    By Daphne Howland • Oct. 29, 2024