Birkenstock focuses on premium products, as revenue jumps 20% Birkenstock is building up its U.S. business with premium quality products, including its Boston sandal, as well as new sales channels, like stores catered to runners. At the same time, the brand is leaning into market scarcity, which has worked to boost its desirability and margins.
Skiwear brands are strategizing to expand amid crowding in the market Brands have been flocking to ski towns including Aspen, St. Moritz and Gstaad. Considering the crowding in these markets, traditional skiwear brands like Bogner and Fusalp are now looking elsewhere to acquire customers.
Merrell hosts first Aspen pop-up to support Gay Ski Week Merrell, an outdoor footwear brand, is sponsoring Aspen Gay Ski Week. Forty-seven-year-old AGSW, which is the oldest annual LGBTQ+ ski event, supports the charity platform AspenOUT's anti-bullying and tolerance initiatives. The annual ski event aligns with Merrell's mission to promote inclusivity in outdoor activities.
Fashion retail has become ground zero for testing technology innovation AI is the hot topic at the National Retail Federation’s Big Show this week in NYC. And, according to attending executives, the fashion industry — with its complex supply chains, lagging digitalization and growing transparency challenges — has become ground zero for testing new AI capabilities.
Tapestry deepens renewable energy commitments ahead of 2025 deadline As part of its company-wide sustainability goals, Tapestry, the parent company of fashion brands Coach, Kate Spade and Stuart Weitzman, has been making big moves to account for the carbon impact of its worldwide operations. Tapestry is among a growing movement of brands and large fashion companies including H&M that...
Fashion Briefing: EssilorLuxottica introduces hearing-device-equipped glasses at CES The highlight of the Group’s debut at CES was the unveiling of Nuance Audio, an eyewear prototype featuring integrated hearing technology. The Group started exploring ways to combine audio and eyewear 18 months ago, and it acquired Israeli company Nuance Hearing in late 2022 as one of its first steps...
Brunello Cucinelli defied luxury’s softening in 2023 Brunello Cucinelli, the Italian brand that has become synonymous with quiet luxury, had a standout year in 2023. Revenues surpassed 1.1 billion euros ($1.2 billion), a milestone achieved five years ahead of the initial ten-year plan set in 2019, which aimed to double the company's sales by 2028.
California’s PFAS regulation brings a reckoning for the fashion industry The fashion industry is set to be affected by another round of regulations — this time, they're centered on chemicals commonly used in clothing coatings.
What will happen to Browns after the Coupang-Farfetch deal? Farfetch, a prominent player in the luxury fashion retail sector, could still be evaluating a sale of its subsidiary, Browns, after its recent deal with South Korean Coupang.