The company continues to play up the opportunity to grow into a multi-brand operator through a platform it has incubated since its founding.
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Sun Choe will be tasked with righting the footwear company.
Execs played up Vans’ more recent ties to the fashion and art worlds, while praising Supreme’s “strong quarter.” Although, financial details remain scant on the streetwear brand.
The co-founders of the fashion retailer have painted themselves poised to seize on market headwinds, most notably in luxury.
The department store retailer has once again formed a special committee to consider Erik and Pete Nordstrom’s interest in going private.
The company sees itself at an inflection point as it evolves beyond a single brand into a platform that launches and scales labels such as Rag & Bone and Guess Jeans.