FASHION INDUSTRY NEWS RE-CAP

for April 30th

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…

1

Cut out the middleman: Coach, Nike, Fenty and others bypass retailers and sell straight to customers

NEW YORK – Shoppers didn’t need an invite to New York Fashion Week to feel like they had special access to the Coach brand. Instead, they could tune into the luxury leather goods label’s February fashion show on Instagram and Facebook, then head to Coach’s website to get first dibs on the Dreamer – a purse that, at the time, was available for a limited window.

2

The Reported $3.1 Billion Tax Evasion Investigation of Gucci is Still Underway

Gucci’s parent company is not out of the woods in the ongoing tax evasion investigation by Italian authorities. Following claims that Gucci’s Milan and Florence offices were raided by Italian tax police in December in connection with an investigation by Milan financial authorities as a result of su

3

Charming Charlie exits bankruptcy with 100 fewer stores

Charming Charlie, which exited bankruptcy this week, filed for Chapter 11 in December, the company said in a press release . The restructured apparel and accessories retailer emerged from Chapter 11 with 264 stores, more than 100 fewer than when it filed .

4

How Eco Sneaker Brand Veja Is Disrupting the Fashion Industry With Transparency

Yesterday in Paris, Veja commemorated the fifth anniversary of the Rana Plaza garment factory collapse in Bangladesh. Over 1,100 people died in the 2013 catastrophe, considered the worst of its kind in modern history. The French girl-favorite sneaker label observed the occasion by inviting the public into its studio and offices for a day of tours and talks.

5

Amazon site awash with counterfeit goods despite crackdown

Amazon is rife with potentially dangerous counterfeits and other knockoff goods despite years of attempts to crackdown on mis-selling on its platform, a Guardian investigation can reveal. The global internet giant, which this week revealed that its daily revenues had hit a record $550m (£400m) a day, now spans a huge range of businesses from TV production to web hosting but faces an ongoing challenge to police its own online retail platform.

6

Rihanna’s Fenty Puma Line Is Under Fire for Allegedly Copying Another Brand

Rihanna is under fire for allegedly stealing the logo of another fashion brand. Freedom United is threatening to sue Puma over their Fenty by Rihanna label’s usage of the “FU” logos throughout her merch with the brand. The letters are meant to stand for “Fenty University,” according to an article by TMZ .

7