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Industry News – November 28th, 2016

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Curated fashion industry news links for Monday, November 28th, 2016…

BED BATH & BEYOND LOOKS TO BOOST PERSONALIZATION CATEGORY WITH NEW ACQUISITION – ChainStoreAge
“The home goods retailer has acquired PersonalizationMall.com, a pure play retailer that creates customized merchandise and gifts, for approximately $190 million in cash.”

ALIBABA AND AMAZON ARE IN AN E-COMMERCE COLD WAR FOR ASIA, AND STAKES ARE HIGH – Forbes
“Arguably, the most important e-commerce battle in the world right now is not between Amazon and Walmart or Amazon and the new wave of omnichannel players like Warby Parker and Dollar Shave Club. Rather, it’s the Cold War between Alibaba and Amazon.”

IT’S A LITTLE LATE FOR IVANKA TRUMP TO DISAVOW HER BRAND – TheCut
“This week, Ivanka Trump divorced Ivanka Trump. Well, in the sense that she (or, per the signature, whoever constitutes #TeamIvanka) issued a statement saying she was distancing herself from her eponymous fashion brand, including separating her social media accounts from the company’s.”

WHY FOOT LOCKER REIGNS SUPREME IN THE ATHLETIC RETAIL MARKET – FootwearNews
“While the chain’s current successes seem anomalous in the current retail landscape, the cornerstone of Foot Locker’s winning formula isn’t incredibly complicated.”

LVMH SAID TO BE EYEING YET ANOTHER CYCLING BRAND – TFL
“This time, LVMH – parent to Louis Vuitton, Givenchy, Celine, and Marc Jacobs, among other fashion and non-fashion brands – is said to be in talks to acquire (by way of Catterton) British cycling clothing brand, Rapha.”

MACY’S WEB SITE BUCKLES UNDER HEAVY TRAFFIC ON BLACK FRIDAY – Fortune
“This year, it’s Macy’s, potentially depriving it of key sales on what Adobe says could be a $3 billion e-commerce day for all U.S. retailers combined.”

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