Archive | Clothing & Apparel

RSS feed for this section
joel-muniz-S35L8gdaHxA-unsplash lvmh

Hitting The Wall? Luxury Market Leader LVMH’s Growth Slows

On the surface, LVMH just reported very reassuring numbers in its third-quarter earnings update. Organic growth totaled 14% through the first nine months of 2023. However, the company took a 4% hit due to exchange rate fluctuations, so adjusting for that, sales advanced 10%, from $60 billion last year to $66 billion this year (€56.5 […]

Comments Off on Hitting The Wall? Luxury Market Leader LVMH’s Growth Slows Continue Reading →
brice-cooper-wkH4ugpF4ek-unsplash

Boot Barn: Realizing the American Dream

Newsweek just named Boot Barn to the top of its list of the most powerful U.S. retailers for 2023. It’s an interesting list, filled with the usual suspects like Wegman’s, Trader Joe’s, L.L. Bean, Target, Costco, and Wawa, then there are the not-so-usual ones, like Boot Barn. And it wasn’t just an honorable mention but with its […]

Everlane Tysons Corner - Guillermo Cano

Invigorated By New Leadership, Everlane Continues To Disrupt The Fashion Industry

The direct-to-consumer fashion brand Everlane made a big splash upon its founding in 2010 by Michael Preysman. It introduced the idea of “radical transparency” in pricing for fashion basics with a commitment to ethical business practices for people and the planet. Preysman was named to Forbes’ 30 under 30 class of 2015 and honored as […]

Comments Off on Invigorated By New Leadership, Everlane Continues To Disrupt The Fashion Industry Continue Reading →
jules-d-ipx0MAblngM-unsplash

Hugo Boss ‘Claim 5’ Strategic Plan Yields Results, But Is Still A Work In Progress

Hugo Boss believes it can reach $5.6 billion in revenues by 2025. But after Hugo Boss presented its upwardly revised Claim 5 strategic plan, some investors held their neutral rating, signaling its ambitious goals may be out of reach.

Comments Off on Hugo Boss ‘Claim 5’ Strategic Plan Yields Results, But Is Still A Work In Progress Continue Reading →