Adidas is still contending with what to do with all those unsold Yeezy sneakers it has sitting in warehouses. On Friday, CEO Bjorn Gulden said on the earnings call that Adidas had around $556 million worth of Yeezys on hand, over $100 million of which were manufactured after the breakdown...
Bahri brings her industry expertise to a discussion about Crocs' use of smart collaborations to grow beyond being the quintessential ugly footwear brand. She and host Danny Parisi also dive deep on Met Gala fashion and the factors that are driving the rise of dupe culture.
Resale companies put a lot of work into making sure the items they sell are authentic and in good condition. But a new trend is emerging in the resale market that's making the second part less of a necessity: selling items that are dented, worn and beaten up. In other...
Francesca’s, a nationwide chain of fashion and accessories boutiques based in Texas, acquired the 10-year-old digitally native brand Richer Poorer on Tuesday. Effective immediately, Richer Poorer is now a wholly owned subsidiary of Francesca’s.
All across Manhattan, palatial luxury flagship stores are popping up with square footage in the tens of thousands. At the same time, layoffs are coursing through the fashion and media industries, and executive salaries are being shaken up.
The European auto racing league Formula 1 is exploding in popularity in the U.S. Last May, a race in Miami broke the record for the most American viewers of a Formula 1 race, at 2.5 million. And on a recent episode of the Netflix show "Drive to Survive," Formula 1...
This week, we take a look at the recent performance of Kering brands Gucci to Balenciaga, as they seek to bounce back from a creative transition and a PR nightmare, respectively. Later, we talk about how Levi’s is attempting to get its water usage under control and to what extent...
In January of 2022, Birmingham, England-based Gymshark debuted its first U.S.-focused ad campaign as part of a larger strategy to expand its North American business. Twelve months later, in January of 2023, Gymshark laid off 65 employees from its Denver office in a restructuring of its U.S. operations.
On Monday morning, ABG announced that it had struck a deal with the Vince Holding Corp., the parent company of the fashion brand Vince. Rather than buying Vince outright, ABG created a subsidiary brand called ABG Vince that is 75% owned by ABG and 25% owned by Vince Holding Corp....