On December 16, 2014, PUMA announced that Rihanna had signed a multi-year partnership with the brand starting in January, 2015 to be PUMA global ambassador for Women’s Training and serve as the PUMA Women’s Creative Director, bringing her styling sensibilities and innovation to PUMA’s collections. The same day, reports have surfaced that Kering, which also […]
Tag: spending
H&M Sales Up 10%; CEO Karl-Johan Persson Recipient of the Fairness Award
While many fashion retailers are having a challenging time with changes in consumer spending and trends, H&M continues to perform well. Their recent financial report released today, December 15, 2014, for November sales include an increase by 10% compared with the same time last year. The total number of stores amounted to 3,511 on November […]
Abercrombie & Fitch CEO Mike Jeffries Steps Down—Beleaguered Teen Retailer Hustles to Figure Out a New Plan
The writing was on the wall for Mike Jeffries, CEO of Abercrombie & Fitch, as the teen retailer continued to struggle to re-capture its credibility within the youth marketplace. As of today, December 9, 2014 Mike Jeffries will no longer be the CEO. Jeffries, 70, was also stripped of his chairman roll earlier in the […]
Fashion Positive Names Industry Leaders Bionic Yarn, Stella McCartney, Loomstate, More by Cradle to Cradle Products Innovation Institute
Just in time to remind us all about shopping consciously and sustainably this holiday season, on November 21, 2014, the Cradle to Cradle Products Innovation Institute named its Fashion Positive launch partners, including G-Star RAW, Loomstate, Bionic Yarn, Saitex, and Stella McCartney. Cradle to Cradle Products Innovation Institute launched Fashion Positive as the first and […]
Crossover Outdoor X Urban Fashion On the Rise—Outdoor Retailer to Debut Venture Out
In the past few years, there’s been an interesting trend emerging in streetwear and urban contemporary with a crossover of outdoors. From camp-inspired collections, to actual tents from brands like Poler, to Swiss Army becoming an accessories staple exhibiting at shows like Capsule and Agenda, the urban outdoorsman has become a bona fide category of […]
The State of Snowboarding: Which Demographic Changed the Most and How We Can Grow the Sport Again
Label Networks is pleased to have provided research information and analysis as a part of the SnowSports Industries of America (SIA) stage one project for the Downhill Consumer Intelligence Project (DCIP). Utilizing our research about what 13-25-year-olds think about various aspects of snowboarding, action sports, downhill skiing, perceptions, attitudes, buying patterns, spending, and the changing […]
Punk Rock Collection by Joan Jett X Tripp NYC Launches at Hot Topic—On Trend for Teens
Rock chic is always in style of when it comes to youth culture fashion, and the latest Fall Collection from Hot Topic, which launched last week, the Joan Jett X Tripp NYC collaboration, is already making waves in the scene. Hot Topic, as we’ve seen in our Youth Culture Studies, continues to be an important […]
Teen Retailers Need to Get a Clue—Quit Blaming Fast-Fashion, Malls, and Logos for Your Woes
Dov Carney, Founder of American Apparel, Is Fired
Former CEO and founder of American Apparel, Dov Charney has officially been fired by the Board of Directors as of Tuesday, December 16, 2014. The board said he was terminated “for cause in accordance with the terms of his employment agreement.” Paula Schneider will take over as CEO in January 5, 2015. We’re pleased that […]
Hollister to Become Fast-Fashion as Abercrombie & Fitch Recreates Itself
As part of repositioning strategy from Abercrombie & Fitch, plans are brewing that the surf-inspired Hollister will be made into a fast-fashion brand to compete with teen preferences for Forever 21, Uniqlo, and H&M. Last week, we reported that Abercrombie & Fitch revealed a 58% earnings decrease from Q4 with a net income down to […]