The Latest
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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.
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Dr. Martens launches recycled leather collection and resale platform
The footwear company is promoting both initiatives as part of its sustainability commitments.
Updated March 26, 2024 -
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.
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SEC to face all climate rule challenges in U.S. 8th Circuit Court of Appeals
The agency had nine legal challenges to its rule requiring public companies to disclose certain climate risks consolidated into one venue.
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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.
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Lilly Pulitzer and Badgley Mischka collaborate on limited-edition capsule
The 7-piece collection includes dresses that feature design elements representing both brands.
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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.
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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.”
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Has Lululemon peaked?
Growth in North America has slowed, but analysts aren’t worried, given the brand’s innovation, past nimbleness and potential abroad.
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Gucci revenue projected to plunge 20% in Q1
Declining sales in Asia drove the brand’s poor performance, according to parent company Kering.
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Gildan Activewear considers sale
The apparel manufacturer is weighing potential bids from several buyers as the company faces a shareholder proxy fight.
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Dries Van Noten will step down from design role at namesake brand
The menswear collection for spring-summer 2025 will be his last, though the designer intends to “stay involved in the House that I treasure so much.”
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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.
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Kontoor names COO amid transformation initiative
Tom Waldron will be responsible for overseeing both the Wrangler and Lee brands, as well as the company’s supply chain operations.
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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.
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Under Armour, Curry Brand sign new athlete in multiyear deal
University of South Carolina guard MiLaysia Fulwiley will wear the Steph Curry shoes for the rest of her college career at the school.
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Renewcell extends deadline for purchase offers
Potential buyers have until March 28 to submit bids following the textile waste recycling company’s bankruptcy filing last month.
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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.
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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.
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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.
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Adidas posts first annual net loss in over 30 years
However, the athleticwear brand dodged a much-discussed operating loss for the year, with the sale of Yeezy merchandise helping it notch a profit.
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Workers’ rights and environmental legislation endorsed by European Union
The Corporate Sustainability Due Diligence Directive would require companies to take responsibility for detecting and remedying problems in their supply chains.
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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.
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Under Armour puts founder Kevin Plank back in charge as CEO Stephanie Linnartz exits
Come April 1, the athletics brand founder will take the helm once more. Linnartz, who is stepping down, has been CEO for barely a year.
Updated March 14, 2024 -
Walter Chiappoini leaves Blumarine
The creative director exits the brand after presenting his first collection in February during Milan Fashion Week.