Fashion Dive

2 days ago | fashiondive.com | Lara Ewen

This audio is auto-generated. Please let us know if you have feedback. Burberry said it could cut up to 1,700 jobs after revenue fell 17% to 2.5 billion pounds, or about $3.3 billion, for the year ended March 29, according to preliminary results released Wednesday.

2 days ago | fashiondive.com | Howard Ruben

This audio is auto-generated. Please let us know if you have feedback. Consumers worried over inflation and tariff-related price hikes may be stepping back from shoe purchases over the next six months, according to the Spring 2025 AlixPartners U.S. Footwear Consumer Survey. The survey of 1,006 U.S. footwear consumers found that work and dress shoes could see spending decline 29% and 26%, respectively, this spring and summer.

3 days ago | fashiondive.com | Lara Ewen

This audio is auto-generated. Please let us know if you have feedback. Vince Holding Company could be delisted from the New York Stock Exchange after the company received a written notice last week that it “did not presently satisfy NYSE’s continued listing standards,” per a press release. Vince’s 30-trading day average market capitalization was about $22.6 million as of May 5 and its latest stockholders’ equity was about $41.8 million as reported in February, per the release.

4 days ago | fashiondive.com | Lara Ewen

This audio is auto-generated. Please let us know if you have feedback. Aeffe SpA posted a first quarter revenue decline of 23.2% to 61.7 million euros, or about $68.6 million, according to a Friday earnings release. The company, which owns Alberta Ferretti, Philosophy di Lorenzo Serafini, Moschino and Pollini, reported revenue of 38.7 million euros in its ready-to-wear division, an almost 30% decline year over year.

1 week ago | fashiondive.com | Daphne Howland

This audio is auto-generated. Please let us know if you have feedback. Crocs yanked its guidance for the year on Thursday, citing “the new global trade environment as well as business and consumer uncertainty,” according to a statement from CEO Andrew Rees. The company also reported Q1 revenues that were essentially flat to last year, with better-than-expected results at its namesake and Heydude brands. Crocs revenues rose 2.4% to $762 million, while Heydude fell nearly 10% to $176 million.