On and Hoka are gaining market share, as Nike reports sales declines Nike’s fourth-quarter earnings, reported on Thursday, showed a year-over-year revenue decrease of 1.7% for the quarter, to $12.61 billion. In addition, its annual results revealed the company's slowest sales gain in 14 years.
London-based David Koma expands to menswear More womenswear brands are expanding to menswear, which, according to analysts, is a more stable market. For its part, 15-year-old David Koma launched its first menswear collection at Men’s Fashion Week in Milan on June 20.
Shein confidentially files for IPO in London without support of the British Fashion Council Shein confidentially filed on the London Stock Exchange on Monday. The company filed papers with Britain’s Financial Conduct Authority (FCA) in early June, initiating the process for a potential London listing later this year, according to Bloomberg.
Inside Walmart’s plan to sell its private-label brands on Roblox A Roblox activation centered on Walmart's Gen Z-focused No Boundaries brand will kick off in July, alongside the brand's relaunch in stores and online. The relaunch of the $2 billion brand was announced on June 13.
Fashion Briefing: The Hamptons are becoming a year-round fashion hub This week, a look at how The Hamptons are becoming an evergreen retail location for brands. Also, a guide to keeping a tight financial grip on your brand, a new funding round and executive shifts to know.
Morilee CEO Terri Eagle on how social media is changing the bridalwear industry Founded in 1953, the bridal brand Morilee has become known for gowns catering to a wide range of bridal styles. Over the years, the brand has expanded its global presence, now selling through more than 2,500 retail partners.
Inside Arc’teryx’s big investment in circular fashion Through the company's 3-year-old ReBird by Arc'teryx program, which includes ReCare, ReGear and ReCut initiatives, Arc'teryx encourages proper maintenance, resells pre-owned items and upcycles leftover materials, respectively. While the company currently offers repairs for free, its pre-owned and recycled products are becoming revenue drivers.
Luxury Briefing: How Roberto Cavalli is targeting a new generation of shoppers This week, a check-in on Roberto Cavalli, which had its heyday in the ‘90s. Plus, a new members-only app aims to give off-price luxury shopping a refresh, and new data shows new interest in London Fashion Week Men's.
Why Champion is partnering with rising boxing star Fran Hennessy Champion's new collaboration with 19-year-old Fran Hennessy aligns with the company's goal of supporting and amplifying the voices of rising sports stars, with a focus on Gen Z athletes. The boxing champion, who is one of the most promising U.K. talents in the sport, is preparing for the biggest fight...