Corporate/Finance: Page 34
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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 -
Explore the Trendlineâž”
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 -
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 -
Wellmeier, Ed. (2021). [Photograph]. Retrieved from Flickr.
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 -
The image by Thmyl yAMSa is licensed under CC BY-SA 4.0
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 -
Kering appoints new CFO amid modest H1 earnings
Sales at the luxury house lag behind rival firms, though a new partnership with Mayhoola may help reinvigorate the company.
By Lara Ewen • July 28, 2023 -
Richemont acquires controlling stake in Gianvito Rossi
The deal is not expected to have a material financial impact on Richemont’s assets or operating results for its current fiscal year.
By Laurel Deppen • July 28, 2023 -
Kering acquires 30% stake in Valentino
The deal includes an option for Kering to acquire 100% of the Italian luxury house by the end of 2028.
By Laurel Deppen • July 27, 2023 -
Fashion companies net $40B in retail sales from licenses: report
Authentic Brands Group was among the highest earners in the category.
By Laurel Deppen • July 27, 2023 -
Authentic Brands Group acquires Rockport out of bankruptcy
The brand conglomerate sees an opportunity to expand the footwear company's assortment into a "full lifestyle offering."
By Nate Delesline III • July 27, 2023 -
Prada profits jump 62% in H1
The increase was partly a result of strong retail net sales for Prada brand products and Miu Miu sales.
By Lara Ewen • July 27, 2023 -
Gap Inc. turns to Mattel operations chief Richard Dickson as CEO
The toy maker's longtime executive was instrumental in reinvigorating Barbie and other signature brands. Can he pull it off again?
By Daphne Howland • July 26, 2023