Retail
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Courtesy of Abercrombie & Fitch
The turnaround of Abercrombie & Fitch is finally here
S&P Global Ratings on Tuesday upgraded the apparel retailer, not just on its better-than-expected 2023 performance but also its strong momentum.
By Daphne Howland • April 25, 2024 -
Brian Ach via Getty Images
Miu Miu’s popularity helps Prada Group revenue grow 11% in Q1
Retail sales for the brand were up 89%, reinforcing its continued consumer appeal against a wider backdrop of luxury sector challenges.
By Lara Ewen • April 24, 2024 -
Courtesy of Allbirds
Allbirds unveils Tree Runner Go sneaker as it refocuses on core products
The shoe features improvements to the original design and comes after the successful launch of the Wool Runner 2.
By Suzette Parmley • April 24, 2024 -
Joe Raedle/Getty Images via Getty Images
Fast fashion clothing worn less, kept for shorter time than resold luxury: report
Vestiaire Collective found that buying used, high-end goods is 33% more affordable than buying new fast fashion based on cost-per-wear metrics.
By Laurel Deppen • April 22, 2024 -
Courtesy of Eileen Fisher
Eileen Fisher hosts inaugural resale e-commerce ‘Earth Day Takeover’
The company’s Renew program directed online shoppers toward pre-worn garments rather than new ones as part of a larger take-back initiative.
By Lara Ewen • April 22, 2024 -
Courtesy of Knot Standard
Billy Reid acquires Knot Standard’s DTC business
As part of the deal, the fashion brand will take over the DTC brand’s stores and start using its AI-based made-to-measure software in all its locations.
By Cara Salpini • April 16, 2024 -
Permission granted by Rent the Runway
Rent the Runway turns to resale, advertising in renewed growth push
The apparel rental service beat expectations in Q4 and struck a note of confidence, saying its restructuring earlier this year wasn’t just about cuts.
By Daphne Howland • April 12, 2024 -
Daphne Howland/Fashion Dive
Nordstrom taps company veteran to lead Rack merchandising
Lori Marten has held various merchandising roles at the department store for nearly 30 years, and will join the off-price unit later this month.
By Daphne Howland • April 11, 2024 -
Annaspoka via Getty Images
‘It’s important to get going’: How fashion is navigating the many complexities of sustainability
Understanding supply chains is key to both regulatory compliance and scaling solutions, executives said at an American Apparel & Footwear Association’s event.
By Ben Unglesbee • April 10, 2024 -
Courtesy of Mango
Mango and Victoria Beckham to release capsule collection
The limited-edition collaboration is part of a push by the retailer to lean into luxury materials and elevate its offerings as it celebrates its 40th anniversary.
By Lara Ewen • April 5, 2024 -
Courtesy of Neiman Marcus
Neiman Marcus and Loewe launch limited-edition collection
The 19-piece line features pieces designed by the LVMH-owned luxury house’s creative director Jonathan Anderson and is inspired by looks from the company’s archives.
By Lara Ewen • April 4, 2024 -
Courtesy of Dillard's
Dillard’s, Caelynn Bell team up on capsule collection for spring and summer
The assortment of dresses, separates and footwear is part of the department store's exclusive women's label Gianni Bini.
By Daphne Howland • April 2, 2024 -
Courtesy of Vestiaire Collective
Vestiaire Collective relaunches vintage category
The resale platform’s Archive Room includes more than 250,000 items, and the company plans to roll out monthly themed curation events.
By Lara Ewen • April 1, 2024 -
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 -
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 -
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 -
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 -
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 -
Justin Sullivan via Getty Images
Untuckit to open 14 new stores in 2024
The DTC apparel brand said the first seven stores will open by May across California, Georgia, Florida, New Jersey and New York.
By Howard Ruben • March 21, 2024 -
Justin Sullivan/Getty Images via Getty Images
Nordstrom revives namesake brand
The new line, which features footwear and accessories, is part of a revamp following lagging Q4 sales at full-line stores.
By Laurel Deppen • March 19, 2024 -
Cara Salpini for Retail Dive
Outdoor Voices shutters all stores
The activewear brand, once a DTC darling, told staff last week it would close stores as it shifts to an online-only model.
By Caroline Jansen • March 19, 2024 -
Courtesy of Gap Inc.
Gap and Palace collaborate on streetwear collection
The 55-piece capsule with the London-based skate brand will feature adult and children’s apparel, plus skate decks and a limited-edition plush toy.
By Lara Ewen • March 18, 2024 -
Photo by David McNew/Getty Images via Getty Images
High levels of lead found in off-price fashion accessories: report
The Center for Environmental Health said it detected the chemical in products from Ross and Burlington stores in California.
By Lauren Schenkman • March 18, 2024 -
Hollie Adams/Getty Images via Getty Images
Chanel seeks permanent injunction against What Goes Around Comes Around
The years-long case could spur luxury companies to take a “more assertive stance” on protecting their brand integrity, a former FTC attorney says.
By Laurel Deppen • March 15, 2024
