First Pass

26 stories from 3 sources

Fashion’s Reset Runs From Luxury Leadership to Operating Systems

Day’s Recap

Supporting Articles

Martine Rose is set to lead Balenciaga, while Shar Dubey joins The RealReal’s board, PVH appoints Frits Dirk van Paasschen, and Schotex Global hires René Gagell.

12:02 PMWWD

Martine Rose, known for her relaxed urban aesthetic and engagement with London's diverse communities, will become Balenciaga's creative director. She succeeds Pierpaolo Piccioli, who has departed the Kering-owned brand.

1:24 AMWWD

Kering has parted ways with Balenciaga creative director Pierpaolo Piccioli after a short tenure and plans to announce his successor soon. His departure is the third creative-director exit from the group in less than a month.

12:01 AMWWD

Under Armour is reshaping its footwear business around the needs of athletes as part of a broader reset. Executive chairman and founder Kevin Plank said the current $1 billion footwear business has significant room to grow.

5:11 PMWWD

Under Armour shares fell after second-quarter sales declined 7%, while CEO Kevin Plank said the company is working to improve efficiency and sharpen its product offering.

7:50 AMWWD

FIGS reported third-quarter revenue of $190.7 million, ahead of the $182.8 million estimate, and delivered a fourth consecutive quarter of at least 25% revenue growth. Non-scrubwear and international sales grew as health care professionals expanded their purchases into underscrubs, compression socks, outerwear and off-duty apparel.

6:21 PMBloomberg Markets

Other Developments

A curated list of other prominent stories from this day.

Recent earnings reports showed that Ralph Lauren and Tapestry are gaining traction from their strategic plans, while Capri and Under Armour are still working through their own transformations. The results underscore how difficult and uneven turnarounds remain in fashion.

5:29 PMWWD

Approach shoes, originally designed to bridge hiking and climbing, are gaining visibility across the outdoor market. The category has grown over the past year and shows signs of expanding further.

5:24 PMWWD

The fifth Venice Sustainable Fashion Forum examined how fashion’s supply chain can meet measurable sustainability targets amid ongoing disruption. Discussions focused on artificial intelligence, collaboration, and the industry’s expanding relationship with space-related technologies.

3:54 PMWWD

REI Co-op and Japanese brand Beams have revisited REI’s 1986 Expedition Parka in a new collaboration. The project draws on the retailer’s outdoor archive and emphasizes the garment’s original performance heritage.

2:53 PMWWD

Dior has opened a seasonal pop-up at Harrods running through Dec. 27. Its design draws on holiday themes, Dior’s heritage, and the animated short film “Christian Dior’s Night in Color” by French director Sylvain Chomet.

2:35 PMWWD

Kith is revisiting three New Balance sneakers originally released in 2011 to honor distinct parts of New York City. The collection includes designs referencing the New York Knicks and Central Park.

2:34 PMWWD

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