Prevayl wants customers to get wired up before their workouts, and is set to monitor vital statistics and help improve physical fitness with clothing and technology that work in tandem.
Where fashion stands now after quarterly updates from Walmart, Target, Macy’s, VF, Ralph Lauren and Kohl’s.
Meanwhile, increased engagement in China, the digital business and consumers’ renewed interest in ready-to-wear fashions bode well for the company.
Redwood Capital Investments will acquire the brands for an undisclosed sum.
He will succeed Scott Roe who will retire from VF after 25 years.
How Nike, VF Corp., Adidas, Kering, LVMH invest in circularity, climate, biodiversity and more — and progress to date.
The “Exploration Without Compromise” roadmap pays closer attention to the consumer-facing elements of sustainability.
She had been chief executive officer of Nic + Zoe since 2012.
Others on the list include Hanesbrands Inc., Avon, L’Oréal, Best Buy and Kohl’s.
Following last summer’s racial justice protests and the police killing of George Floyd, companies across industries vowed to improve diversity.
Tapestry has signed up for a three-year commitment .
The actions range from increasing representation among people of color and diverse candidate slates to pay equity and supplier diversity.
All remaining non-plastic packaging used by VF and its brands will be reduced, originate from sustainable sources, and be designed for reuse or recyclability.