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Industry News – March 20th, 2017

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Curated fashion industry news links for Monday, March 20th, 2017…

PENNEY DETAILS STORES MARKED FOR CLOSING – ChainStoreAge
“On Feb. 24, the retailer announced it would close 138 stores, along with one supply chain facility in Lakeland, Fla., as it looks to cut costs and focus on growing sales at its best-performing locations. Texas, with nine stores slated to close, and Minnesota, with eight, were the states hit with the hardest.”

MYSIZE INC.’S NEW MYSIZEID MEASUREMENT APP FOR ON-LINE APPAREL SHOPPING READY FOR TESTING AND DEMONSTRATION – PRNewswire
“The Company is pleased to report that the first test application of the MySizeID application is ready for demonstration and initial trialing by parties pre-selected by MySize Inc.”

THESE 21 RETAILERS ARE CLOSING 3,591 STORES — WHO IS NEXT? – Forbes
“I estimate that at least 50,000 people will lose their job because of the announced closings. However, some stores are looking for new ways to attract shoppers, as I discuss below…”

BURBERRY HIRES NEW DESIGN DIRECTOR FOR ACCESSORIES AND SENIOR VP – FootwearNews
“Sabrina Bonesi will become design director, leather goods and shoes, a new role. Bonesi, a leather-goods expert who previously worked for Dior, will be responsible for men’s and women’s bags, shoes and accessories.”

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