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Industry News – Janaury 10th, 2017

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Curated fashion industry news links for Tuesday, January 10th, 2017…

BANKRUPT AMERICAN APPAREL SELLS BRAND TO GILDAN – TheWallStreetJournal
“Gildan Activewear Inc. on Tuesday said it won a court-supervised auction to take over bankrupt American Apparel LLC’s brand and certain assets for $88 million.”

SENIOR FOOTWEAR AND ACCESSORIES EXECUTIVE JOEL OBLONSKY APPOINTED CHIEF EXECUTIVE OFFICER OF NINE WEST AND BANDOLINO DIVISION – PRNewswire
“Nine West Holdings, Inc. (“Nine West Holdings” or “the Company”) today announced the appointment of Joel Oblonsky as Chief Executive Officer of the Nine West and Bandolino division, effective immediately. Mr. Oblonsky, a senior executive with more than 20 years of experience in Footwear and Accessories, will be responsible for leading the business operations and brand strategy for both brands.”

IVANKA TRUMP IS STEPPING DOWN FROM HER FASHION LABEL – TheCut
“Now Vanity Fair reports that she is making the separation more official and will be stepping down from the brand, in addition to leaving her position at the Trump Organization.”

HOW SPERRY IS DIVERSIFYING ITS PRODUCT MIX – FootwearNews
“Sperry wants to dispel notions that it’s strictly about boat shoes and become known as a four-season brand. That’s why president Rick Blackshaw is committed to building the boot business and introducing more casual styles throughout 2017.”

EX-BALENCIAGA BOSS ISABELLE QUICHOT IS OUT AT KERING – TFL
“Outgoing Balenciaga boss Isabelle Guichot, who was expected to remain with parent Kering, has reached an agreement to leave the French luxury and sports group, sources close to the company told Reuters.”

ONE OF THE MOST TRANSPARENT CLOTHING COMPANIES OUT THERE IS HAVING A SALE WHERE IT LETS CUSTOMERS CHOOSE WHAT TO PAY – BusinessInsider
“Everlane specializes in creating high-quality clothes at affordable, transparent prices, and its latest “Choose What You Pay” sale gives shoppers more spending freedom than ever before. Simply click on one of the many clothes, jackets, shoes, and accessories on sale, and Everlane will offer three different prices you can pay.”

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