The company announced that, on January 23, it had taken a minority stake in the Canadian technical running brand Norda Run. The option was taken with the plan to gradually grow Zegna’s investment in the brand over the next nine years.

In Gap’s third-quarter 2022 earnings call, interim CEO Bobby Martin said that, while the market for women’s activewear had softened, Athleta had maintained modest positive growth of 6%. Martin attributed that growth to Athleta’s lifestyle and non-active products.

Last week, Shein cut its absurdly inflated valuation down to a lower (but still absurd) one in anticipation of a rougher economic climate. Elsewhere, the Met Gala theme for 2023 was announced along with its co-chairs and new executives took over at several big luxury fashion brands and retailers.

For each brand, an owned resale channel represents something different. For some brands, resale is a money-making channel that’s profitable and prominently marketed. But for others, resale could be a customer acquisition tool, a way to increase the lifetime value of existing customers or of meeting sustainability goals.

This week, they take a look at the hoax around Adidas’s fake co-CEO, the future strength of the luxury industry in China and the reason so many brands are getting into resale.

Nike is one of the most eclectic and prolific collaborators in the sneaker business, regularly releasing new shoes made with everyone from athletes like Lebron James to luxury designers like Jacquemus. But this week, the brand is releasing its first ever collaboration with a women’s retailer with the Premium Goods...

The city of Hong Kong has just seven million people, yet by every metric it outperforms the United States and in luxury watch sales. More watches are sold on this little island in a year for more money than in a nation of 300 million people.

In 2020, Humberto Leon opened Chifa, a Chinese-Peruvian restaurant inspired by his dual heritage. Now, he's opening a second restaurant, Monarch. Unlike Chifa, in the heart of Los Angeles, Monarch is located in a relatively quiet city — Arcadia, about 13 miles outside of Los Angeles. It focuses on Hong...

There’s a lot of discussion in the industry around what’s happening in China and how to prepare for difficult global economic times. Nobody knows what to expect. Read on for analysis, as well as a look at Thom Browne’s lawsuit with Adidas and a preview of February’s NYFW schedule.