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Industry News – November 14th, 2016

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Curated fashion industry news links for Monday, November 14th, 2016…

SAILMAKER DROPPING ANCHOR ON FIFTH AVENUE – ChainStoreAge
“North Sails will open its third retail store on Nov. 16, in Manhattan. The company opened its first store in August, in Annapolis, Md., followed by a location in Newport, Rhode Island.”

DEJA VU: AMERICAN APPAREL FILES FOR BANKRUPTCY, AGAIN – Forbes
“The beleaguered retailer also agreed to sell the intellectual property rights related to its brand and some assets to Canada’s Gildan Activewear for $66 million.”

SPERRY® TO DEBUT ITS NEWEST ULTRA-PERFORMANCE FOOTWEAR AT ASIA’S FIRST LOUIS VUITTON AMERICA’S CUP WORLD SERIES – PRNewswire
“The Sperry 7 SEAS Pro shoe is built for optimal speed, agility and grip to meet the unique demands of an America’s Cup athlete,” said Adam Meek, Global VP of Product for Sperry. “We took a selection of our performance-based footwear to Bermuda so that the athletes could wear them in training and give us real-time feedback on what worked well and what could be enhanced. Then, we built the silhouette from scratch and constantly wear tested it with the teams. It was this collaboration that allowed us to create the ultimate performance shoe.”

CINDY SHERMAN AND FELLOW ARTISTS TEAMED UP TO DESIGN A HAUTE CHARM BRACELET – TheCut
“In addition to Sherman, Laurie Simmons, Shirin Neshat, Barbara Kruger, Rachel Feinstein, Mickalene Thomas, and Wangechi Mutu each contributed a charm to the piece. Kruger opted for a coin pendant that reads, in her signature font, “Money can buy you love,” while Thomas chose a pair of sparkling lips that recall the ones in her paintings.”

RIHANNA AND MANOLO BLAHNIK COLLABORATE FOR REMAKE OF ICONIC TIMBERLAND-STYLE BOOTS – FootwearNews
“Hot on the heels of Rihanna and Manolo Blahnik‘s debut Denim Desserts collaboration in May comes the second iteration. The Savage collection, presumably named because it is so fierce, launches Nov. 16.”

A HEDGE FUND JUST ASKED KATE SPADE TO SELL ITSELF — HERE’S THE LETTER – BusinessInsider
“The New York-based hedge fund Caerus Investors has written a letter to Kate Spade’s board urging it to sell the company. “We have become increasingly frustrated by management’s inability to achieve profit margins comparable to industry peers,” Caerus’ founder, Ward Davis, and managing partner, Brian Agnew, wrote.”

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