Retail: Page 18


  • Jeanswear display featuring denim stacked in metal cubed and t-shirts hanging on a rack.
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    Jamie McCarthy/WireImage via Getty Images
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    AG Jeans taps fashion industry veteran for new CEO role

    Glenn McMahon will be the California-based company’s first CEO in its 20-plus year history and will report to AG owner and founder Yul Ku.

    By July 24, 2023
  • Adidas CEO Bjørn Gulden speaking in front of a white background with a Yeezy logo on it.
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    REUTERS/Heiko Becker

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    Deep Dive

    Yeezy was only part of Adidas’ problems. The athleticwear brand has been falling further behind Nike for years.

    Since 2013, Adidas’ net sales have grown by less than $5 billion as it struggles to keep pace with the broader market. Could a new CEO and a clean slate reverse those trends?

    By Cara Salpini • July 24, 2023
  • An in-store display of Carhartt items is pictured, including multiple clothing racks, a mannequin and a sign.
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    Getty Images
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    Carhartt expands its resale program to allow mail-in trades

    The workwear brand’s Reworked partnership with Trove will allow it to reach customers throughout the U.S. by the end of 2023.

    By Laurel Deppen • July 20, 2023
  • A stack of lightly distressed denim jeans with horseshoe stitching on the back pockets,
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    John Shearer via Getty Images
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    True Religion’s new chief marketing officer will lead the brand’s digital pivot

    Kristen D’Arcy, formerly of Pacsun and American Eagle Outfitters, said she expects e-commerce to represent 50% of the brand’s revenue in a few years.

    By July 19, 2023
  • The entrance to a store with the word "Express" repeated above each glass door.
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    Daphne Howland/Fashion Dive
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    Express chief merchandising officer exits

    Malissa Akay has left the apparel retailer effective immediately, according to a Friday regulatory filing.

    By Nate Delesline III • July 18, 2023
  • A storefront of a David's Bridal retail store with sale signs.
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    Daphne Howland/Fashion Dive
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    David’s Bridal reportedly will keep nearly 200 stores open under new ownership

    The chain has been seeking a buyer since before its April bankruptcy filing. An offer from Cion Investment Corp was approved.

    By Daphne Howland • July 17, 2023
  • Designers sue Shein for copyright infringement under racketeering laws

    The RICO statute could help plaintiffs wrestle with the e-commerce giant’s unusual corporate structure and production strategy, experts say. 

    By Daphne Howland • July 14, 2023
  • Exterior of a DSW store.
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    "DSW" by Mike Mozart is licensed under CC BY 2.0
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    Designer Brands names DSW president

    Laura Denk, who comes to the company from Michaels, will oversee owned brands — a major focus for the shoe retailer. 

    By Kaarin Moore • July 11, 2023
  • A person sits on a brown couch, wearing a bright blue track suit.
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    Retrieved from Stateside on August 31, 2021
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    Digital Brands Group receives Nasdaq delisting warning

    The DTC company was notified it is out of compliance with a minimum share price requirement and would not receive a 180-day grace period.

    By Dani James • July 10, 2023
  • Nike's first Nike Rise concept store in Guangzhou, China
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    Courtesy of Nike
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    Nike breaks $50B in revenue as it warms back up to wholesale

    CEO John Donahoe said recent shifts back into DSW and Macy’s were “simply an extension” of the retailer’s existing strategy.

    By Cara Salpini • June 30, 2023
  • Aldo's Barbie Collection webpage is screenshotted.
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    Aldo

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    Aldo and Mattel debut Barbie-themed shoes, handbags and accessories

    The 19-piece collection showcases a variety of pink hues.

    By Laurel Deppen • June 29, 2023
  • Prada storefront in New York City.
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    Kaarin Vembar/Fashion Dive
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    Prada earmarks 1% of Re-Nylon revenue for ocean education

    The move enhances the existing partnership between the Italian fashion house and UNESCO’s Sea Beyond program initiative.

    By June 29, 2023
  • Flowers and Shein branding on display.
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    Shirlaine Forrest via Getty Images
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    Q&A

    Shein exec talks transparency, sustainability and the afterlife of clothing

    Peter Pernot-Day, global head of strategy and corporate affairs, says circularity is key when it comes to the company’s future.

    By Updated July 6, 2023
  • A woman wearing black adjusts luxury handbags in a store window display in the SoHo neighborhood of New York City.
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    Spencer Platt via Getty Images
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    Global luxury apparel sales strong: report

    The Bain & Company and Altagamma’s 2023 spring luxury study, released last week, said the personal luxury goods market focused on wardrobe staples and new formal and occasion wear.

    By June 27, 2023
  • A small hanging store sign reads "Chico's."
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    Daphne Howland/Fashion Dive
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    Chico’s announces $100M stock repurchase program

    The women’s fashion apparel retailer reported a small slide in its Q1 net sales, which fell to $534.7 million.

    By Nate Delesline III • June 27, 2023
  • Virtual depiction of a pair of Crocs with Jibbitz on a pedestal.
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    Courtesy of Crocs
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    Crocs creates Jibbitz-themed virtual store experience

    Shoppers can customize a pair of shoes with up to 26 charms in the virtual experience and then purchase a physical version of their creation.

    By Tatiana Walk-Morris • June 26, 2023
  • Savage x Fenty store opening in Las Vegas.
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    Courtesy of Savage x Fenty
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    Savage x Fenty appoints new CEO

    The direct-to-consumer lingerie brand, founded by music star Rihanna, has been steadily expanding its store footprint.

    By Dani James • June 23, 2023
  • The exterior of a Dick's Sporting Goods store is pictured.
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    Brandon Bell/Getty Images via Getty Images
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    Dick’s bans forever chemicals in its brand textile products

    PFAS, called forever chemicals because of their inability to break down in the environment, are often found in sweat- and water-resistant products.

    By Laurel Deppen • June 21, 2023
  • Mannequins in lingerie are part of the sales floor displays at Victoria's Secret in New York City
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    Permission granted by Victoria's Secret & Co.
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    Victoria’s Secret names brand president, chief merchandising officer

    Greg Unis will oversee the namesake and Pink brands, while former Torrid executive Anne Stephenson will become the company’s chief merchant.

    By Nate Delesline III • June 21, 2023
  • Saks Off 5th names chiefs for marketing, merchandising

    Mara Sirhal joins from Bed Bath & Beyond as chief merchant and brand president, while Sara Griffin will become chief marketing and analytics officer.

    By Nate Delesline III • June 16, 2023
  • A person is standing in the men's section of a clothing store, holding clothing items.
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    Spencer Platt/Getty Images via Getty Images
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    Younger shoppers are spending less on apparel: report

    Luxury brands received the biggest drop off in spending from consumers under 34.

    By Laurel Deppen • June 16, 2023
  • Mannequins are seen in the newly renovated second floor of Goodman's.
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    Courtesy of Judy Pak
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    Bergdorf revamps men’s shop to focus on tailoring

    The luxury retailer is doubling down on the sector as menswear sales over the past 12 months outpace both women and children, according to data.

    By Howard Ruben • June 15, 2023
  • Sean Wotherspoon is seen holding a large pile of Gap clothes.
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    Courtesy of GAP
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    Gap launches vintage collection curated in-house

    The collection, hand-picked by Gap’s vintage curator, designer Sean Wotherspoon, includes items from the 1980s, 1990s and 2000s.

    By Laurel Deppen • June 14, 2023
  • Person uses credit card to buy online
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    Getty Images
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    Adobe: Online prices fell 2.3% in May, the biggest drop since the pandemic began

    Overall inflation has slowed in recent months, the research firm found.

    By Tatiana Walk-Morris • June 13, 2023
  • Man stands in front of green backdrop with black polka dots speaking into a microphone and gesturing with one arm.
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    Lia Toby via Getty Images
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    Fiorucci menswear artistic director to depart brand

    Daniel Fletcher has been with the brand since 2019, and his final collection will be released later this year.

    By June 13, 2023