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Industry News – May 19th, 2016

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Curated fashion industry news links for Thursday, May 19th, 2016…

TJX IN STORE EXPANSION PUSH – RetailingToday
“While other retailers make news by posting grim first quarter results and closing stores., the nation’s leading off-price retailer is making headlines by doing just the opposite. Amid strong first quarter results that included a 7% rise in same-store sales, TJX Cos. said it plans to open about 150 more stores during the rest of this year, on top of the 47 stores it opened in its first quarter.”

THE ROW’S ASHLEY AND MARY-KATE OLSEN ARE ABOUT TO OPEN THEIR MOST BEAUTIFUL STORE YET – Vogue
“The Olsens would have opened in New York first, but having found this space a few years back, it wasn’t immediately available, so, while they waited, they set up shop in L.A. Now here they are, poised to finally have a place of their own in Manhattan. They took some time out from answering questions about the store from their team to answer questions about the store from me.”

THE LAST DAYS OF SCOOP – TheNewYorkTimes
“Scoop NYC, the boutique chain that billed itself as “the ultimate closet,” announced last week that it was closing its 15 remaining shops.”

A VETEMENTS COUTURE COLLECTION IS COMING THIS SUMMER – Pret-a-Reporter
“Vetements, the effortlessly cool Parisian brand best known for making DHL relevant in the fashion sphere, is getting the couture treatment. The 2-year-old fashion collective has been named as a guest member of the Paris couture calendar for the upcoming presentations taking place between July 3 and 7. In addition to Vetements, the Chambre Syndicale de la Haute Couture added J. Mendel, Yuima Nakazato, Francesco Scognamiglio and Iris Van Herpen as guest members.”

NEW OBAMA OVERTIME RULES DRAW IRE FROM INDUSTRY GROUPS – FootwearNews
“President Barack Obama and the United States Department of Labor finalized a new overtime rule today that aims to raise the wages for millions of U.S. workers. But the new law is already under fire by retail and footwear industry groups.”

Marketing & Events Coordinator at StyleCareers.com, StylePortfolios.com, StyleDispatch.com, FashionCareerFairs.com and MayoroftheMall.com.