Corporate/Finance: Page 23
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Courtesy of Shein
Shein has copyright infringement ‘baked into’ its business model: class action lawsuit
The complaint is the latest to claim the fast fashion company steals designs from independent artists.
By Laurel Deppen • Updated April 10, 2024 -
Thanaphong Araveeporn via Getty Images
Apparel execs urge sourcing diversification amid geopolitical risks
Executives at an American Apparel & Footwear Association event underscored the need to find alternative sourcing as U.S.-China relations continue to fray.
By Ben Unglesbee • April 9, 2024 -
Explore the Trendline➔
Thierry Chesnot via Getty Images
TrendlineTop 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 -
Andrii Kozlytskyi via Getty Images
Majority of brands won’t meet their emissions goals: report
About two-thirds of fashion businesses are behind on their own decarbonization schedules, according to a new analysis from McKinsey.
By Lauren Schenkman • April 9, 2024 -
Drew Angerer/Getty Images via Getty Images
Coach files trademark and unfair competition complaint against Gap
Attorneys for the Tapestry-owned brand say some Old Navy-branded T-shirts are meant to make consumers think “there is a connection or association between” the brands.
By Laurel Deppen • April 8, 2024 -
Photo Illustration by Drew Angerer via Getty Images
Shein, Temu have high customer overlap with TikTok Shop: report
Even while facing a potential ban in the U.S., an Earnest Analytics report finds the platform is dominating social shopping.
By Tatiana Walk-Morris • April 8, 2024 -
Courtesy of Ermenegildo Zegna Group
Zegna Group reports fiscal 2023 gross profit of $1.3B
The company confirmed February preliminary revenue while also announcing a 108% year-over-year profit increase.
By Lara Ewen • April 5, 2024 -
Daphne Howland/Fashion Dive
Levi’s gains momentum as Beyoncé name-checks the brand on her new album
Despite Q1 revenue declines and a net loss, the denim maker noted strength in the U.S., its largest market, and other reasons for optimism.
By Daphne Howland • April 5, 2024 -
Courtesy of Hurley
Hurley inks licensing deal for upcoming women’s sportswear and activewear line
The surf, skate and snow brand is partnering with Mamiye Brothers for a spring 2025 release.
By Laurel Deppen • April 4, 2024 -
Feng Li via Getty Images
Nike commits to bolder brand marketing as part of rebound plan
The Summer Olympics will serve as a showcase for some of the sportswear giant's most impactful marketing in years, executives said.
By Peter Adams • April 3, 2024 -
Lintao Zhang/Getty Images for Calvin Klein via Getty Images
PVH beats revenue expectations but projects a sluggish 2024
The Calvin Klein and Tommy Hilfiger parent company’s stock slipped 22% in premarket trading following its lower-than-expected outlook.
By Laurel Deppen • April 2, 2024 -
Courtesy of Authentic Brands Group
Authentic names new head of Australia and New Zealand
Lim Mi-Kyoung, who most recently was with WP Brands, will be responsible for business development in the region.
By Laurel Deppen • April 2, 2024 -
J.Sciulli/WireImage for Evolutionary Media Group via Getty Images
Boardriders to lay off more than 600 by end of April
This round of cuts include C-suite execs and brings the total affected in California to nearly 700 since the company was acquired by Authentic Brands Group.
By Laurel Deppen • Updated Feb. 27, 2025 -
Courtesy of Lands' End
Lands’ End lays off 10% of corporate workforce
Most of those layoffs came in January, though some were the result of earlier changes to the retailer's sourcing organization.
By Nate Delesline III • April 1, 2024 -
lapandr via Getty Images
Fashion fails to keep ‘grandiose promises’ on sustainability, human rights: report
Major brands haven’t improved their practices compared to last year, according to the 2024 Remake Fashion Accountability Report.
By Lauren Schenkman • March 29, 2024 -
Daphne Howland/Fashion Dive
Despite last year’s declines, Torrid could grab more market share
The plus-size leader faces ongoing reluctance to spend on discretionary goods, but has inventory control and other strengths on its side.
By Daphne Howland • March 29, 2024 -
Michael Tran/FilmMagic via Getty Images
Alessandro Michele is Maison Valentino’s new creative director
The appointment comes almost a week after the departure of Pierpaolo Piccioli, who joined the house in 1999 and spent eight years at the design helm.
By Lara Ewen • March 28, 2024 -
Courtesy of Renewcell
Q&ARenewcell exec on what led to bankruptcy, what’s next
Tricia Carey said as the company seeks a buyer, its inventory of pulp and fiber is still available.
By Laurel Deppen • March 28, 2024 -
Courtesy of Canada Goose
Canada Goose cuts corporate workforce by 17%, shakes up executive roles
As part of a DTC focus, the brand said about a year ago that it would double its footprint within five years, but some analysts anticipate that slowing.
By Daphne Howland • March 27, 2024 -
Retrieved from Vince on March 27, 2024
Vince CEO steps down
Jack Schwefel’s resignation is effective immediately, and former CFO David Stefko will hold the position until a successor is named.
By Laurel Deppen • March 27, 2024 -
Courtesy of OTB Group
OTB Group acquires majority stake in luxury footwear manufacturer
Italy-based Calzaturificio Stephen has been a strategic supplier for the company for more than 20 years and makes Maison Margiela’s popular Tabi shoes.
By Lara Ewen • March 26, 2024 -
Courtesy of Temu
How Temu sales stack up to e-commerce competitors: report
Data from Earnest Analytics found that the fast fashion company has nearly double the retention rate of companies such as Walmart and Target.
By Laurel Deppen • March 25, 2024 -
Daphne Howland/Fashion Dive
Has Lululemon peaked?
Growth in North America has slowed, but analysts aren’t worried, given the brand’s innovation, past nimbleness and potential abroad.
By Daphne Howland • March 25, 2024 -
Dario Cantatore via Getty Images
Nike hires Tim Hamilton as vice president of men’s apparel design
The award-winning menswear designer was formerly at The North Face, where he helped orchestrate collaborations with brands including Gucci and Supreme.
By Lara Ewen • March 25, 2024 -
Marc Piasecki via Getty Images
Longtime LVMH executive to leave board, management roles
Antonio “Toni” Belloni will step down from his current positions in April but will remain with the company as president of LVMH Italy and take on “strategic missions for Bernard Arnault.”
By Lara Ewen • March 22, 2024 -
Daphne Howland/Fashion Dive
Nike refocuses on innovation as Q3 revenues fall flat
CEO John Donahoe said the sportswear brand “is not performing at our potential” and needs to lean back into wholesale and product innovation.
By Cara Salpini • March 22, 2024
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