Lululemon sales flagged in the Americas during 2024 and mounting headwinds, most especially in the U.S., challenge growth this year and next.

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Lululemon sales flagged in the Americas during 2024 and mounting headwinds, most especially in the U.S., challenge growth this year and next.
LVMH reported 3Q2024 ended down 3%, with Asia off 16% and Fashion & Leather Goods down 5%. LVMH called it a cyclical downturn but it may be bellwether of worse ahead.
Richemont has come to an agreement for Mytheresa to acquire its online YNAP business, including Net-A-Porter, Mr Porter, Yoox and Outnet brands.
DTC plus-size women’s fashion brand Eloquii has collaborated with Kate Spade to translate its style aesthetic to plus sizes. Eloquii customers can’t get enough of it.
Diane von Furstenberg has brought on fashion industry veteran Graziano de Boni to turnaround the DVF brand and company.