Evan Clark

New York

Deputy Managing Editor at Women's Wear Daily (WWD)

Co-Host at WWD Voices: Retail's Responsible Reset Series

Reporter, daddy, optimist.

Articles

Lender Pathlight Sues Saks After Clearing the Way for the Neiman's Deal

1 week ago | wwd.com | Evan Clark

Saks Global has fallen out with Pathlight Capital, which helped clear the way for the luxury retailer's $2.7 billion acquisition of Neiman Marcus last year, but has now sued the company, claiming it's still owed $8.8 million in fees. In turn, Saks alleges that Pathlight's "lack of good faith" led to the Hudson's Bay restructuring.
Victoria's Secret Goes Dark and Stays Dark in Security Incident

1 week ago | wwd.com | Evan Clark

Someone's trying to get to Victoria's Secret 's secrets. The brand's e-commerce site was down on Wednesday and, according to online reports, it has been offline since a Memorial Day sale sometime on Sunday. Shares of Victoria's Secret & Co. dropped 8.3 percent to $20.67 in midday trading Wednesday as investors took notice of the barely there website. Instead of the usual models in lingerie, the site had a plain box with an alert to customers.
Capri Holdings Plans Turnaround After Versace Sale to Prada, Q4 Loss

1 week ago | sourcingjournal.com | Evan Clark

Capri Holding is trying to put the last year—including its sharp losses and declining sales—behind it and move forward in turnaround mode, sans Versace. “Fiscal 2025 was a challenging year for Capri Holdings, but we are optimistic about our path forward as we enter fiscal 2026,” said John Idol, chairman and chief executive officer, in a statement regarding fiscal fourth-quarter results.
Capri Holdings Plots Turnaround After Steep Q4 Losses

1 week ago | wwd.com | Evan Clark

Capri Holding is trying to put the last year - including its sharp losses and declining sales - behind it and move forward in turnaround mode, sans Versace. "Fiscal 2025 was a challenging year for Capri Holdings, but we are optimistic about our path forward as we enter fiscal 2026," said John Idol, chairman and chief executive officer, in a statement regarding fiscal fourth-quarter results.
Tiptoeing Around Trump, Fashion Refines Trade War Rhetorical Style

2 weeks ago | wwd.com | Evan Clark |Joelle Diderich |Samantha Conti

Fashion is learning how to talk - and when to keep quiet - in the "Art of the Deal" age. U.S. President Donald Trump decided he wanted more from the European Union on Friday and recommended 50 percent tariffs on imports starting June 1. While that would be a profit-crushing levy at the border of a vital market for European luxury houses, the reaction from fashion wasn't so much muted as it was nonexistent.
Trump Threatens 50% Tariffs on EU, Rattling Markets

2 weeks ago | wwd.com | Evan Clark

The European Union's reprieve from the worst of U.S. President Donald Trump's trade war might have been short lived. Trump recommended "a straight 50 percent tariff on the European Union, starting on June 1" in a post on social media Friday, saying that transatlantic trade talks "are going nowhere."While imports from the EU were hit with 20 percent tariffs when Trump rolled out his reordering of global trade on "Liberation Day," April 2, that was cut to 10 percent pending negotiations.
Ralph Lauren Tops Q4 Estimates, But Sees Sales Growth Slowing This Year

2 weeks ago | wwd.com | Evan Clark

Ralph Lauren Corp. charged past profit and sales projections in its fiscal fourth quarter - and while the company forecast continued expansion this year, waning consumer confidence is expected to slow the growth rate.
Target Challenged by Tariffs, Weak Q1 Sales and Profit Miss

2 weeks ago | sourcingjournal.com | Evan Clark

Target Corp.’s turnaround is taking time as the discount giant contends with changes both within and without. Not only is the company dealing with consumer and supply chain uncertainty from President Trump’s start and stop trade war, but it has also been reorganizing—an effort that has now been stepped up.
Target Challenged by Tariffs, Weak Q1 Sales and Profit Miss

2 weeks ago | wwd.com | Evan Clark

Target Corp.'s turnaround is taking time as the discount giant contends with changes both within and without. Not only is the company dealing with consumer and supply chain uncertainty from President Trump's start and stop trade war, but it has also been reorganizing - an effort that has now been stepped up.
Victoria Secret Adopts Poison Pill to Keep Brett Blundy's BBRC at Bay

2 weeks ago | wwd.com | Evan Clark

Victoria Secret & Co. has an admirer who might be getting a little too close for comfort. The lingerie company adopted a shareholder rights plan - commonly described as a poison pill - to "protect the best interests" of all shareholders after Australian entrepreneur Brett Blundy's BBRC International amassed a 13 percent stake in the business.