Latest news with #RoyalWindsorCupFinal
Yahoo
10-08-2025
- Business
- Yahoo
Talking the Talk, Fashion CEOs on the Future
Fashion's bigwigs are not necessarily all-out control freaks. Some are, of course. But not every chief executive officer needs to have a hand in every nuance of the business empires they oversee. The best, in fact, are generally good at delegating. More from WWD Capri CEO John Idol's Pay Slips to $9.1 Million Zara Tindall Sports Tommy Hilfiger Sandals and Ralph Lauren Dress at Royal Windsor Cup Final Capri Holdings Plots Turnaround After Steep Q4 Losses Still, when it comes to the regular exercise of reporting financial results to Wall Street — and painting the broader picture for investors — the corner office set is filled with, let's say, selective control freaks. CEOs are once again 'controlling the controllables.' The parsing of high-level business speak is an inexact art. But 'controlling the controllables' is often a kind of low-key warning that there could be some tough sledding ahead — and if there is, the CEO is being as proactive as possible. It's an acknowledgment that the future has gotten so much murkier. Much of that has to do with the turn-on-the-dime trade policy of U.S. President Donald Trump's trade war(s) and the uncertain impact of consumers. But there's also the rise of AI, geopolitical uncertainty and more. While it's the numbers that really speak in earnings reports, the CEOs always have some more to say. Here, an annotated look at how the big corporate chiefs have been talking to analysts over the past two weeks as they examine their present and guess at the future. The Good News First 'This strong early performance gives us confidence to take up our full-year guidance, even as we remain cautious on the second half of the year due to potential tariff-related pressures on broader consumer behavior.' — Patrice Louvet, president and CEO, Ralph Lauren Corp. The Almost Ready to Turn Around 'In spite of all the macro noise out there, we delivered above our guidance this quarter, a good start to the fiscal year. But the much more exciting thing happening is inside the company.…Turnarounds, by definition, start with declines. It's been two years of resetting the table and soon we, too, will move to growth.' — Bracken Darrell, president and CEO, VF Corp. Planning to Turn Around 'While still early, we are beginning to see signs that our strategies are working. Although the global macroeconomic environment remains dynamic, we are on track to stabilize our business this year while establishing a strong foundation for a return to growth in fiscal 2027.' — John Idol, chairman and CEO, Capri Holdings Ltd. Building the Hype for a Turnaround 'We're undertaking a bold reinvention and rebuilding with purpose to become a sharper, more focused brand one that blends sports, style and innovation with financial discipline and edge. This isn't about fixing the past, it's about unlocking our full potential.…World-class financials don't build world-class brands. It's actually the other way around. The only way we win is by creating a brand people can't ignore. Our current numbers don't yet tell the whole story, but the signs are there. Brand health is starting to gain traction.' — Kevin Plank, founder, president and CEO, Under Armour Inc. Still Riding the Wave of the Future 'For the past 14 years, we've been ahead of the curve, making luxury resale desirable and accessible. Now the circular economy is on the rise. We are not only leading the cultural shift in luxury resale, we are also helping to define it. Our operating and consumer expertise and growing brand affinity drives our market leadership.' — Rati Sahi Levesque, president and CEO, The RealReal Inc. The Resale Benefits of Trump's Trade Policies 'The closure of the de minimis exemption is likely to cause higher prices for ultrafast fashion goods and to reduce production volumes, both of which could continue to be positives for ThredUp. Second, the increase in the price of new apparel that may result from broad-based tariffs could enhance the comparative value proposition for consumers who are shopping for value on ThredUp.' — James Reinhart, cofounder and CEO, ThredUp The Classic, in Control 'As we look ahead, we remain focused on what we can control, elevating our brand, driving operational excellence and deepening connections with our customers around the world.' — Dani Reiss, chairman and CEO, Canada Goose The Bottom Line is a periodic business analysis column written by Evan Clark, deputy managing editor, who has covered the fashion industry since 2000. Best of WWD Harvey Nichols Sees Sales Dip, Losses Widen in Year Marred by Closures Nike Logs $1.3 Billion Profit, But Supply Chain Issues Persist Zegna Shares Start Trading on New York Stock Exchange
Daily Mirror
27-06-2025
- Entertainment
- Daily Mirror
Zara Tindall and Michelle Keegan lead the way with new summer accessory trend
They might all have three distinctly different styles, but Zara Tindall, Meghan Markle and Michelle Keegan have all been leading the way with the straw hat trend this summer How do you know when something is about to be a big trend? When you see people with wildly different styles all wearing the same thing. And that's exactly what's occurring this summer, with the renaissance of the straw hat being seen on everyone from celebrities to royals. They might be donning slightly different styles, but there's one thing that's for sure; the straw hat has arrived, and it's about to be the first thing on your holiday shopping list. We've rounded up some of our favourite celeb looks that we've spotted so far and where to shop their look. Zara Tindall's straw boater Zara Tindall is known for her timeless, elegant style, so it's no surprise that she opted for a classic straw boater during a recent appearance at the Royal Windsor Cup Final polo match. Pairing it with a silk striped dress from Ralph Lauren and some raffia platform heels, she was the epitome of classic British summertime dressing. Meghan Markle's oversized straw sun hat In an Instagram post just a few weeks ago, Meghan Markle was seen wearing an oversized straw hat while she carried her two children (with Lilibet also in an affordable straw sun hat). Paired with a crisp white shirt and blue jeans, Meghan oozed laidback luxury, and solidified the hat as an easy-to-style wardrobe essential. Shop the look: Michelle Keegan's straw cowboy hat The western trend is going nowhere any time soon (thank you, Beyonce 's Cowboy Carter tour) so it's no surprise that it's even started to infiltrate our beachwear too. Michelle Keegan recently shared several snaps of herself on Instagram wearing a swimsuit from her own brand, Orfilabee, which she accessorised with a co-ordinating chocolate brown straw cowboy hat. The open-weave straw design makes it ideal for wearing whilst at the beach or sunbathing, helping shade you from the sun whilst also being breezy and comfortable. Join our Shopping & Deals WhatsApp for the best bargains and fashion news WHATSAPP: Get the best deals and exclusive discount codes straight to your phone via our WhatsApp group. Users must download or already have WhatsApp on their phones to join in. All you have to do to join is click on this link, select 'Join Chat' and you're in! We may also send you stories from other titles across the Reach group. We will also treat our community members to special offers, promotions, and adverts from us and our partners. Some of these articles will contain affiliate links where we will receive a commission on any sales we generate from them. If you don't like our community, you can check out any time you like. To leave our community click on the name at the top of your screen and choose Exit group. If you're curious, you can read our Privacy Notice.
Yahoo
23-06-2025
- Business
- Yahoo
G-III Hits PVH With $250M Breach of Contract Lawsuit
G-III Apparel Group is done playing the jilted licensing partner, and has filed a $250 million breach of contract against PVH Corp. in New York state court. The suit marks a dramatic increase in the tensions that have arisen between the companies since 2022, when Stefan Larsson, PVH's chief executive officer, moved to take back its licenses for Calvin Klein and Tommy Hifliger women's wholesale in North America. More from WWD Abby Champion and Patrick Schwarzenegger Coordinate in Tommy Hilfiger With Angular Heels and Polished Loafers at 'F1' Premiere Zara Tindall Sports Tommy Hilfiger Sandals and Ralph Lauren Dress at Royal Windsor Cup Final Brooks Nader and Her Sisters Go Sharp in Tommy Hilfiger Heels at 'F1' Premiere in New York City It was a decision that started to unwind a mega partnership that has produced more than $15 billion in wholesale sales over nearly 20 years. And it was a body blow to G-III, which was set to lose what was more than half of its business during the five-year decoupling. Both sides have been moving on. PVH is looking to take better control of its brands by producing more of the looks in one global product kitchen, and G-III has amped up Donna Karan and its other owned brands while taking on new licenses. But now, G-III has filed a three-pronged lawsuit against PVH and its Calvin Klein Inc. and Tommy Hilfiger Licensing businesses. While the complaint is still sealed, a legal filing did outline G-III's case, which: alleges breach of contract over the licensing agreements for both Calvin Klein and Tommy Hilfiger; asks for a 'declaratory judgment that G-III is not required to make any royalty payments to Calvin Klein and [Tommy Hilfiger] on account of failing to meet minimum sales requirements that result from defendants' own actions that have reduced overall sales.' PVH has been pursuing a narrower presence at wholesale for the brands, and asks for an order 'declaring that PVH Corp. tortiously interfered with the women's suits licenses between plaintiffs and Calvin Klein and [Tommy Hilfiger] and an award of damages caused by the interference.' A spokesperson for PVH said: 'G-III's claims are baseless. We will respond via the legal process in due course and look forward to addressing these matters in court.' One source familiar with the action said G-III had the right to extend Calvin Klein and Tommy Hilfiger suits licenses through 2029 and that PVH nixed those extensions, leading to at least part of the legal action. More details are expected to come to light when a redacted version of the suit is unsealed, pulling back the curtain a little on one of the toughest break ups in corporate fashion. Beyond the suit, both companies have something to prove. PVH has the powerhouse brands, but has to prove it can manage the nitty gritty details of the U.S. wholesale market, which has come under increasing pressure, particularly with Macy's closing stores. And Morris Goldfarb's G-III, which is an expert at that nitty gritty, has to prove that it can go big with its own brands. This isn't the first time that licensing deals have proved to be a point of friction in the New York apparel scene. Twenty years ago, Jones Apparel Group used a little-noticed provision in one of its smaller licensing agreements with Ralph Lauren to walk away from a much larger sportswear license. The surprise move prompted a scramble for space in stores' better sportswear departments. And, before it was owned by PVH, Calvin Klein squared off with its underwear licensee Warnaco. The two sides managed to kiss and make up on the first day of the trial, hammering out a last-minute settlement, but PVH then went on to eventually buy both Calvin Klein and Warnaco, reuniting the two halves of the brand. PVH is ultimately still on that journey, bringing the licenses from G-III in house. But that journey is again taking a detour through court. Best of WWD The Biggest Legal Battles Shaping the Fashion Industry Today PETA Asks Lululemon About Slaughterhouse Practices China's Livestreaming Star Viya Fined $210 Million for Tax Evasion Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
