Allbirds’ Sales Dip Continues in 2024, Losses Narrow
Allbirds’ revenue dropped 28 percent year over year to $39 million in the first quarter of the year as demand for its sneakers remains weak, the company reported on Wednesday.
The beloved but beleaguered brand has suffered from a series of short-lived reinventions. Now, under the watch of exacting co-creative directors Lucie and Luke Meier, business is growing steadily.
The main contribution that Luke and Lucie Meier have brought to the new Jil Sander is a touch of warmth.
Luke and Lucie Meier’s debut menswear show was full of desirable, modern pieces, but the effort didn’t quite resonate on the catwalk.
For Jil Sander’s new Tokyo store, co-creative directors Luke and Lucie Meier teamed up with British architect John Pawson to create a soothing antidote to Insta-friendly maximalism.
Luke and Lucie Meier are taking the brand’s defining tension — between freedom and discipline — to new heights of poignancy and precision.
Luke and Lucie Meiers have managed to translate the house's founding principle of purism into shapes that are as essential as they are metropolitan — and all the better for it.
The fashion house has had its fair share of comings and goings. Now, Luke and Lucie Meier are reimagining the brand.
"The news confirms months of speculation and follows the departure of Rodolfo Paglialunga last month."
In today's news bites, Virgil Abloh will show his Spring/Summer 2018 menswear collection as a guest designer at Pitti Uomo, while a new tome celebrates the tenure of Martin Margiela at Hermès.
In today's news bites, Virgil Abloh will show his Spring/Summer 2018 menswear collection as a guest designer at Pitti Uomo, while a new tome celebrates the tenure of Martin Margiela at Hermès.
Allbirds’ revenue dropped 28 percent year over year to $39 million in the first quarter of the year as demand for its sneakers remains weak, the company reported on Wednesday.
After rallying more than 120 percent last year, Shopify shares have struggled this year after the company had projected higher operating costs than expected for this quarter.
The online fashion specialist said it had built up net debts of £95m in the year to the end of February – down from almost £6m of net cash a year before – after losses widened 76 percent to £160 million.
Levi notified a federal judge in Oakland, California on Tuesday that it was dismissing the case with prejudice, meaning it cannot be brought again. Settlement talks began shortly after Levi sued in January.
Demand for retro shoe styles such as 'terrace' has helped boost sales of sportswear brands like Puma and its rival Adidas at a time when the sector has been hit by weaker consumer demand and excess stocks.
Kenvue beat Wall Street estimates for first-quarter profit on Tuesday, and said it would cut 4% of its global workforce amid the Tylenol and Band-Aid maker’s efforts to expand its key brands.
Vhernier is small but Richemont has a history of turning small brands into success stories
The company has argued that the law will stifle free speech and hurt creators and small business owners who benefit economically from the platform.