
Zegna Group: Q2 Sales Dip, Temasek Investment & CEO Change
Zegna Group's Q2 sales fell 6%. Americas grew, but China declined. Temasek invested $126.4M. Thom Browne gets new CEO Sam Lobban. Consistent performance expected for rest of year.
Zegna Group's Q2 sales fell 6%. Americas grew, but China declined. Temasek invested $126.4M. Thom Browne gets new CEO Sam Lobban. Consistent performance expected for rest of year.
Columbia Sportswear sues Columbia University over trademark infringement, alleging breach of contract regarding apparel merchandise using the "Columbia" name. Court trial sought, plus financial damages.
L'Oréal's Q2 2025 sales rose 2.4%, boosted by China. Haircare excelled, but skincare disappointed. The group navigates economic stress and invests in dermatological brands for future growth. Focus: Innovation.
Prada Group reports strong H1 sales, but Prada brand retail sales decline. CEO Gianfranco D'Attis departs. Group remains optimistic about long-term growth despite economic headwinds.
Rebecca Minkoff transitions to a licensing model to boost brand growth and global reach. Partnerships will focus on design & storytelling, while partners manage production and distribution. Retains creative control.
PepsiCo's Starry promotes free drinks when temperatures exceed 100°F. The '100 Degrees, 100% Off' campaign builds brand awareness, offering cash back via PayPal/Venmo to consumers in regions like Miami, Atlanta and Charlotte.
AI is revolutionizing fashion, with startups focusing on personalized shopping, supply chain sustainability, and resale. $1.1B invested this year, matching 2024 totals. Key areas: AI stylists, rental services, and supply chain optimization.
Harris wins the Vogue Business Talent Competition, exploring AI's impact on fashion. Runners-up Ajala and Lu also recognized. The competition aims to elevate emerging voices in fashion journalism.
Brands are shifting from typical influencers to Substackers, experts, and photographers for authentic brand trips. This summer focuses on genuine engagement over polished visuals, creating a cultural cachet and long-term brand value.
KFN's Venue Collective aims to revitalize NYFW by centralizing show locations in Manhattan. The initiative offers financial and logistical support to 30 brands, enhancing the NYFW experience and driving cultural adjustments.
Velveeta launches 'Drip,' a culture-focused campaign with Cardi B, moving beyond 'La Dolce Velveeta' to connect with consumers. Kraft Heinz explores grocery spin-off amid changing consumer tastes. The campaign promotes consumer awareness.
Burberry's 'Forward' plan focuses on heritage & core categories. Sales vary by region, with growth in Americas offset by China's decline. Investment prioritizes future growth and efficiency. Brand targets Gen Z.
Coca-Cola's Q2 profits beat expectations through strategic marketing, innovation, and a resilient 'all-weather' approach. Digital marketing, targeted campaigns and product launches drive growth amid global challenges.
Saks Global faces financial headwinds with soft sales and debt. Focus on financing, cost reduction, and restoring luxury authority is crucial for overcoming challenges and improving retail operations. Real estate holdings offer potential.
Under CEO Richard Dickson, Gap is revitalizing via GapStudio (led by Zac Posen), partnerships with Malbon Golf, Dôen, Disney and GapVintage. Favorable compensations were seen with market share gains.
Digital Product Passports (DPPs) offer strategic investment opportunities, tracking product lifecycles & potentially doubling item lifetime value. Brands should view DPPs as more than compliance.
Walmart & Target offer back-to-school discounts for teachers & students. Spending is projected to rise but inflation & supply chain issues impact consumers. Tween brand launched.