Industry News – June 27th, 2016
Curated fashion industry news links for Monday, June 27th, 2016…
AEROPOSTALE ASKS FOR JUDGE’S APPROVAL TO PAY EXEC BONUSES – RetailDIVE
“Aeropostale filed for Chapter 11 protection in April, and said then it would finance its operations with a $160 million loan from Crystal Financial, along with its operating cash flow. The company said at the time that it expects to emerge within six months having solved its dispute with shareholder Sycamore Partners, which had invested in the company and provided it a $150 million loan in 2014.”
RAILS: CONTEMPORARY L.A. TO GLOBAL LIFESTYLE BRAND – CALIFORNIA ApparelNews
“Rails launched with one hat at Fred Segal in 2008 and has since grown into a global lifestyle brand.”
PUMA TO DRESS NEW YORK CITY BALLET – Yahoo!
“Puma has teamed up with the New York City Ballet to act as the company’s official activewear partner.”
VETEMENTS COLLABORATES WITH MANOLO BLAHNIK, REEBOOK, DR. MARTENS ON SPRING-SUMMER ’17 COLLECTION – Footwear News
“Vetements will collaborate with 18 boldface name brands for its spring-summer 2017 collection.”
ONE OF THE BIGGEST RETAILERS ON INSTAGRAM IS SUPPORTING A BILL THAT CALLS FOR THE FTC TO CRACK DOWN ON ON PHOTOSHOPPING – BusinessInsider
“ModCloth’s Instagram feed is awash in color, a jittery jumble of vibrant hues competing for attention.”
GOOD NEWS FOR J.C. PENNEY – RetailingToday
“J.C. Penney announced a positive development on the financial front.”
HOW THE FASHION WORLD IS MOURNING BILL CUNNINGHAM – Yahoo!
“Bill Cunningham, the fashion photographer known for inventing street style, died on Saturday. He was 87.”