The quintessential punk rock sneaker, Converse, is looking to take back its signature style. Nike, owners of Converse as of 2003, is suing 31 brands including Skechers, Ralph Lauren, Wal-Mart, Ed Hardy, FILA, and K-Mart over copyright infringement of their Chuck Taylor style, materials, and diamond sole patterns. The lawsuit was filed on Tuesday, October […]
Significant changes are again underway at Quiksilver. This time it’s with the executive leaders. On October 14, 2014, Quiksilver announced that Bob McKnight, co-founder and senior executive, would be retiring as of October 31, and Andy Moony would be the new CEO and Pierre Agnes would become President. Quiksilver has been dealing with economic challenges […]
Streetwear brand leader Supreme has partnered with Levi Strauss for a limited edition capsule collection featuring the Levi’s Trucker Jacket, 501 denim jeans, and a vest. High-end 13 oz. selvedge denim produced by White Oak mill is behind the collection, giving it a rare and sleek look and feel. The Supreme X Levis are available […]
In the upcoming IOC Executive Board meeting to be held in Monaco, December 5-9, 2014, several issues are on the table. First, according to President Thomas Bach, the Olympic Agenda, programming, and selection processes will be re-examined starting with 2020. In the future, cities entering into bids for hosting an Olympic Games will also have […]
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 […]
Our presentation at SXSW Eco is upon us! Monday, Austin, TX. Label Networks presents their 3rd Annual Sustainability and Youth Culture Study 2014, expanding from the years before featuring greater depth of consumer insights on youth trends towards sustainability, eco-friendly fashion and footwear buying habits, sustainability preferences, trends and actions towards sustainability, feelings about the […]
One of the United States biggest trade show operators, Advanstar Communications, has been sold to UBM for $972 million. Advanstar hosts 54 trade shows including MAGIC, Project, Fashion Coterie, and shows for licensing, life sciences, and powersports. The acquisition will increase UBM’s events revenues by £135m annually, the company said, from £463m last year. Tim […]
The bidding process and agenda for the upcoming winter Olympics in 2022 has started with a new Commission. IOC President Thomas Bach said, “Each member of the Commission brings a wide range of expertise and experience and understands what it takes to host a sustainable, well-organised and ultimately successful Olympic Winter Games.” “At a time […]
Japanese fast-fashion retailer Uniqlo (Fast Retailing) has announced plans for expansion, particularly in the United States. Similar to H&M, preferences for Uniqlo clothing within our youth culture studies is on the rise, but the addition of more stores and greater awareness via its ecommerce platform will impact the teen retailer landscape even more in the […]
Fast-fashion giant H&M has released their nine months financial reports and increased profits by 19% in their 3rd quarter. This is quite remarkable given the difficult economy, especially when it comes to teen retailers. While Abercrombie & Fitch, Hollister, and others are struggling to gain the attention it once had from teens, H&M, as our […]