Urban Outfitters logs record sales again despite trouble from its namesake brand

The UO brand saw a 14% drop in sales while Anthropologie and Free People saw double-digit growth.

By Laurel Deppen • Aug. 23, 2023

Foot Locker sales fall nearly 10% as it weathers ‘tougher than expected’ year

CEO Mary Dillon said the start of the back-to-school season was weaker than expected as lower-income shoppers stay cautious.

By Cara Salpini • Aug. 23, 2023

VF Corp. hires former Gap exec for chief people officer

Brent Hyder was most recently with software company Salesforce, but he isn’t new to the apparel sector.

By Laurel Deppen • Aug. 22, 2023

Columbia names new senior VP of global distribution

Tom Gyles previously worked in logistics and distribution roles for PVH and Gap.

By Laurel Deppen • Aug. 21, 2023

Express plans layoffs, reverse stock split

The apparel retailer, which is cutting 150 jobs, said it continues to take action to improve long-term growth.

By Nate Delesline III • Aug. 18, 2023

Tapestry revenues decline in North America

Coach, Tapestry’s largest brand, was the highest performer during the quarter, and it showed a 3% sales increase to $1.2 billion.

By Laurel Deppen • Aug. 17, 2023

What Gap Inc. needs from its new CEO

Next week, longtime Mattel executive Richard Dickson takes the reins of an apparel conglomerate — whose brands all need some help.

By Daphne Howland • Aug. 16, 2023

Parade acquired by Ariela & Associates International

The DTC intimates brand has expanded its product categories over the past several months and will operate as a division of Ariela & Associates International.

By Dani James • Aug. 15, 2023

On brand’s DTC sales grew faster than wholesale in Q2

The brand’s direct-to-consumer channel increased 54.7% year over year to 163.5 million Swiss francs during the quarter.

By Dani James • Aug. 15, 2023

Capri releases soft Q1 earnings as Tapestry’s plan to buy company is revealed

Sales and profits declines took a backseat to the surprise merger announcement Thursday, but gave telling texture to the $8.5 billion deal.

By Lara Ewen • Aug. 11, 2023

Ralph Lauren’s earnings remain steady despite 10% decrease in North America

Strong sales in Europe and Asia offset losses, while a 15% retail price increase for DTC channels reflected the company’s continued commitment to brand elevation.

By Lara Ewen • Aug. 11, 2023

Hanes reports second quarter sales dip, avoids discussion of Barington letter

Faced with mounting pressure from activist investors, the company said it was reducing inventory and attempting to lower its $3.5 billion debt bill.

By Lara Ewen • Aug. 10, 2023

Wolverine Worldwide fires CEO as company reports weak Q2

The shoe and apparel company has moved to strengthen and reorganize its brand portfolio in recent years.

By Nate Delesline III • Aug. 10, 2023

Tapestry agrees to buy rival fashion house Capri for $8.5B

The Michael Kors brand has already emerged as a problem to solve at what will be the fourth largest luxury house in the world.

By Daphne Howland • Aug. 10, 2023

CFDA touts ‘return to normalcy’ for New York Fashion Week ahead of September shows

In its 2022 annual report the trade association and its charitable arm also reported a revenue increase of more than 50% year-over-year.

By Howard Ruben • Aug. 10, 2023

Activist investor presses for Hanes leadership change, underscores billions in debt ahead of earnings

The list of demands signed by Barington CEO James Mitarotonda included a suggestion to replace current Hanes CEO Stephen Bratspies.

By Lara Ewen • Aug. 9, 2023

J. Crew taps apparel veteran Adrienne Lazarus to lead Madewell

Most recently Lazarus co-led DTC intimates brand Cuup, and has held leadership roles at Intermix, Ann Taylor, Bandier and Frye.

By Daphne Howland • Aug. 9, 2023

Zimmermann sells majority share to Advent

The luxury Australian fashion label will join Lululemon, Orveon and others under the investment firm’s umbrella.

By Lara Ewen • Aug. 8, 2023

Under Armour brings on new designers as it looks to improve product offerings

Amid a pivot to athleisure, the brand’s revenue fell 2% in the most recent quarter, due mostly to a 6% decline in wholesale.

By Cara Salpini • Aug. 8, 2023

Adidas CEO: Selling Yeezy designs in the future is ‘not part of our strategy’

Bjørn Gulden said that while the company is legally able to do that, “our task now is to limit the damage ... and build a business later without Yeezy.”

By Cara Salpini • Aug. 4, 2023

Steve Madden revenue drops again in Q2

The trendy fashion firm’s long-term growth strategy includes more DTC business and expanded offerings in handbags and apparel.

By Lara Ewen • Aug. 3, 2023

American Eagle Outfitters COO to exit

Michael Rempell is leaving the retailer after 23 years in a planned leadership transition. Meanwhile, the company raised its Q2 forecast.

By Kaarin Moore • Aug. 3, 2023

Vans, Dickies struggles drag VF Corp revenue down 8% in Q1

The company says the drop was due to ongoing wholesale issues and continuing challenges with its Vans brand.

By Lara Ewen • Aug. 2, 2023

Columbia names new president of prAna brand, adjusts full year guidance

Tricia Shumavon is stepping into the role in September after stints at Adidas, Nike and Gap. The move is part of Columbia’s plan to reposition the prAna brand for growth.

By Laurel Deppen • Aug. 2, 2023

Skechers logs record sales again in Q2 despite wholesale challenges

Executives pointed to strong performance of direct-to-consumer sales, particularly at retail locations.

By Laurel Deppen • July 28, 2023