Gap’s turnaround gains traction thanks to strategic collaborations and Gen-Z focus It’s a triumphant comeback for the company that has been struggling in recent years. With the exit of leaders like Sonia Syngal and a slump in sales, new CEO Richard Dickson, who took over last year, has been working to turn things around at Gap. The numbers show that the...
Week in Review: Luxury retail’s struggles, Jeremy Allen White, Walmart does pre-owned luxury This week, we talk about Nordstrom's earnings results and what they mean for the struggling luxury retail sector, thirsty Jeremy Allen White's second campaign for Calvin Klein, and Walmart’s move to start selling pre-owned luxury goods.
Fashion Briefing: What’s driving the popularity of ugly shoe du jour HeyDude Heydude is becoming more popular by the day, and its influence can be seen in the brands who have launched similar forms of sneaker-loafer hybrid shoes. But it’s also a divisive brand among the fashion community.
Diane von Furstenberg takes operations in-house 4 years after handing over to Chinese distributor DVF announced the change on Friday afternoon, along with the appointment of Graziano de Boni, who was an executive at luxury brands including Valentino and Prada before founding a consulting firm in 2018. De Boni has been at the brand since October 2023, but DVF is only now making his...
Kiki de Montparnasse targets a stronger wholesale business under new leadership Alexa Cahill recently completed a successful 7-year run as head of the Australian fashion brand Zimmerman where she helped the brand grow by 32,000%. She envisions Kiki as having similar global potential.
New Era has a billion-dollar licensing business, but can it establish a brand of its own? Dao-yi Chow's newest role is vp and creative director of brand at the 140-year-old hat company New Era, known for its ubiquitous baseball caps. While New Era sells hundreds of licensed products — an abundance of team, logo and brand names can be found on New Era hats — Chow’s...
How Zenni leveraged AI to double profits, despite internal skepticism In 2022, David Ting became Zenni's chief technology officer and global gm for the company and made changes that quickly proved impactful. By cutting back on expensive creative campaigns and using generative AI to create new marketing ideas and product imagery, Ting said he was able to cut Zenni’s marketing...
‘They just stopped paying’: Saks Fifth Avenue owes hundreds of thousands of dollars to dozens of brands Ryan Babenzien, the entrepreneur behind the men’s sneaker brand Greats and the shower head company Jolie, said he’s owed over $15,000 from Saks Fifth Avenue from an order the retailer placed last year. The product was delivered and sold to customers, but Jolie has yet to see a dime of...
- Week in Review: Results from Adidas, Prada, Armani and Hugo Boss show the state of fashion’s finances
This week, we take a look at the recent earnings reports from brands including Prada, Adidas, Armani and Hugo Boss to break down what’s happening in fashion financially. Some standouts include Miu Miu's amazing growth, inflation's pressure on luxury shoppers and Adidas’s recovery from the Yeezy debacle.