Amid an industry-wide tightening of investor cash, Vuori raises another $825 million On Friday afternoon, the brand announced an $825 million funding round led by General Atlantic and Stripes. General Atlantic invests in major consumer brands like Athletic Brewing Company and Shein, while Stripes is the investor behind brands like On Running, Erewhon and Khaite.
Naadam’s Matt Scanlan on diversifying retail, learning from failure and partnering with Kohl’s “When you’re in a category business, you have to think about all the channels that are open to you,” Scanlan said. Naadam has done private label and wholesale and sold through platforms like QVC. Now, Naadam is doing its first diffusion line, a collection sold at Kohl’s for as low...
Week in Review: How will a second Trump term affect fashion? This week, we discuss the election results and the impact of a second Trump term on fashion brands and consumers. Later, we talk about Moncler's potential acquisition of Burberry and the E.U.'s ongoing probe into Temu's practices.
California passed its anti-shoplifting legislation, but will it actually help retailers? The proposition passed with 70% of the vote in California on Tuesday night. It will undo several of the provisions set in a 2014 law that downgraded the punishment for various petty crimes like shoplifting and drug possession. The new law will increase those punishments in an effort to curb...
‘The consumer moves so fast’: How Target is using newness and affordability this holiday season On Monday, Target introduced the Party Shop, an online and offline curated assortment of holiday occasion-focused apparel. It’s an evolution of Target’s Dress Shop, a similar experience that centralized all of Target’s dresses and grouped them by style, length and occasion. The Dress Shop drove dress sales at Target to...
Fashion Briefing: The World Series spotlights fashion’s baseball opportunity Over the last year, a growing number of fashion brands have cozied up to professional baseball teams and athletes. Brands including Ralph Lauren, Aime Leon Dore, Pacsun and Sporty & Rich have debuted MLB collaborations with the Yankees or Dodgers and their athletes. The products range from baseball caps to...
Week in Review: Miu Miu’s defiant growth, CFDA Award winners, The RealReal’s new CEO This week, we talk about the immense growth of Miu Miu which defies the ongoing slowdown across luxury. We also discuss the winners of the CFDA Awards, announced this week, and the appointment of Rati Sahi Levesque as the chief executive of The RealReal, replacing short-lived CEO John Koryl.
Can a relaunched L’Eggs compete in the modern shapewear market? Announced on Wednesday, L’Eggs has been purchased from its previous owner HanesBrands by Windsong Global, the owner of brands like JVN Hair. To revitalize the legacy brand, Windsong brought in Cami Tellez, the founder of the DTC underwear brand Parade which was sold to Ariela & Associates in 2023. Tellez...
How will weight loss drugs like Ozempic affect the plus-size fashion industry? Plus- and inclusive-size fashion brands frequently cite U.S. weight and size statistics in their value propositions, for example, pointing to data from the National Institute of Health which shows one-third of American adults are overweight. With the use of Ozempic on the rise, will businesses catering to larger sizes be...