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Business

CFO Departure, Weak Q2 Send Shares Down – WWD

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After losing chief executive officer Elizabeth Spaulding in January, Stitch Fix will see another C-suite executive head to the exits, the company announced on Tuesday. That’s not the only loss, as the company’s earnings...

Lauren Sherman Joins Puck, Launches Fashion Industry Newsletter – WWD

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Veteran fashion journalist Lauren Sherman has joined Puck, where she will write a newsletter about the fashion industry, beginning April 10. Sherman’s Line Sheet will initially come out once a week (on Mondays), but...

Guess Inc.’s Net Earnings Drop in Fiscal 2023 With Revenues Up – WWD

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European sales were the silver lining this year for Guess Inc., which on Tuesday reported its fourth-quarter and year-end financial results for fiscal 2023, when it encountered several headwinds led by fluctuating currency rates. Carlos...

Dsquared2 Names Ennio Fontana General Manager – WWD

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MILAN — Dsquared2 has appointed Ennio Fontana general manager of the company, effective immediately. He succeeds Sergio Azzolari, who was named chief executive officer in April last year, taking on a role that had...

Trussardi Restructures, CEO Sebastian Suhl and Board Resign, Sources – WWD

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MILAN — Trussardi is going through yet another reorganization, according to sources, and the first consequence is the resignation of the entire board of directors. Accordingly, chief executive officer Sebastian Suhl is no longer...

Jean Touitou Explains A.P.C. Sale to L Catterton After Pandemic ‘War’ – WWD

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PARIS — For the last two seasons, the A.P.C. fashion show has been a study in the unstudied, held in the brand’s headquarters with models casually walking the lobby floor around standing-room-only guests. This season...

DressX Talks MVFW Plans, NFTs, Wearables and AR – WWD

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Web 3.0 virtual fashion company DressX has a new bag — or, rather, virtual hat — and it plans to bring that and more to Metaverse Fashion Week next month. According to the company, expect new...

Traceability in Fashion on the Hot Seat – WWD

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Fashion companies are witnessing massive changes in the regulatory environment and consumer demands, as human rights; sustainable raw materials and products; climate change; diversity, equity and inclusion; business ethics; compliance, and other hot-button issues...

Yohji Yamamoto Opens New London Store With Power of the White Shirt – WWD

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LONDON — Yohji Yamamoto is looking to take London. The Japanese designer was in town in early March for the opening of his new store on Conduit Street — inching even closer to Savile Row,...

The Chilling Effect of The Silicon Valley Bank on Fashion – WWD

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If the ground feels just a little shakier underfoot, call it The Silicon Valley Bank Effect.   Even though the U.S. federal government stepped in to avoid a broader financial system meltdown —  guaranteeing depositors would...