Fashion Industry News Re-Cap for April 16th, 2018
FASHION INDUSTRY NEWS RE-CAP
for April 16th
No need to read the news every, damn, day. Stay up-to-date on the fashion industry with StyleDispatch.com and the Fashion Industry News Re-Cap! This week we are covering the new ghost town, pick-up towers, bankruptcies, etc…
Weddington Way, acquired in 2016 by Gap Inc., is in the midst of shutting down, the bridal startup announced on its website last week. The brand is leaving the space it occupies in many Banana Republic stores and hopes to operate online “indefinitely,” according to a note to customers on its site.
No longer relegated to market stalls or hawked from the back of lorries under cover of darkness, the last few years have seen ‘bootleg’ fashion – or at least highly stylised, meta takes on bootleg fashion – infiltrate catwalks around the world.
For the last seven days, pretty much every conversation I have had with pretty much anyone – fashion friends, book agents, parents at the school gates, my mother – has started with the same five-word question: “Do you think it’s true?”
Ore Huiying | Bloomberg | Getty Images Shares in LVMH hit record highs on Tuesday and the rally extended to its luxury goods rivals, after the owner of fashion labels like Christian Dior signaled strong momentum for the sector with better-than-expected first-quarter sales growth.