These are the stories making headlines in fashion on Monday.

Kizik names former Nike executive as CEO

Footwear brand Kizik announced on Monday that Gareth Hosford, a former executive at Nike and Converse, will be its new CEO. Kizik’s former CEO of the last six years, Monte Deere, will remain a member of the board and assist with new licensing partnerships. “It’s time to build a multi-brand, omnichannel juggernaut,” Deere told ModernRetail. “Garrett is the right person to lead that growth.” {ModernRetail}

Gap braces for $300 million tariff-related costs

Donald Trump’s tariffs could interrupt Gap Inc.’s steadily growing revenue momentum with a $250 million to $300 million hit in costs. “Indeed, absorbing some of the costs rather than pushing up prices and losing customers is the right thing to do and is a strategy other players, like Abercrombie & Fitch, are also using,” GlobalData Managing Director Neil Saunders told Retail Dive. “Overall, Gap is on a good trajectory.” {Retail Dive}

Matthew Williams is launching a new brand

Matthew Williams, former creative director of Givenchy, will debut his new namesake fashion label in Paris during men’s fashion week. Williams is reportedly self-funding the new brand, utilizing his existing relationships with Japanese denim suppliers, American jersey specialists and Spanish shoemakers. {WWD}

Nike design leader, John Hoke, is leaving the company

John Hoke, Nike’s now-former chief innovation officer, is retiring. Prior to his most recent role, Hoke served as chief design officer for 15 years. A successor has not been announced. {Fast Company}

Trove acquires The Seven

New York-based fine jewelry store Trove (founded by Hannah Ward and co-led by Jen Rubio) has acquired jewelry-focused multibrand boutique The Seven, founded by Camille Zarsky. “From our first conversation, it was clear we shared a deep respect for craftsmanship and a belief in curating with integrity and emotion,” said Rubio. “As we partner with Camille, we’re being deliberate: protecting the magic while providing the right foundation for growth.” {WWD}

Hair tools aren’t winning over textured hair consumers

Despite many brands launching new hair tools that are suitable for textured hair and the fact that Black women reportedly spend more on hair care than any other demographic, the campaigns for these products continue to miss the mark by not demonstrating the tools’ efficacy on diverse hair types. “If you have the right engineers, good for you,” Jamelia Donaldson, founder and chief executive of Treasure Tress, said. “But if you’re not able to deliver a strong marketing message that well represents the consumer that you’re trying to connect to, and presents them with a desired outcome, then it’s useless.” {Business of Fashion}

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