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 labor numbers, under-staffed stores, slowing China, pop-ups, etc…

1

Retail leads planned job cuts in 2018 while technology bounces back

Liz O. Baylen | Los Angeles Times | Getty Images Companies announced plans to cut 36,081 jobs in April, a 43 percent decrease from March, a private survey reported Thursday. The improvement from March’s spike of 64,141 was not enough to erase an increase in job-cut announcements this year.

2

Retail’s Other Problem: Too Few Clerks in the Store

Many of America’s biggest retailers, under assault from Amazon, have been slashing staff even faster than they have been closing stores, a dynamic that has left fewer clerks and longer checkout lines.

3

China’s once-booming textile and clothing industry faces tough times – SCMP

China’s once-booming textile and clothing industry faces tough times

Country remains the world’s biggest clothing exporter, but oversupply, high labour costs and rising protectionism have eroded its competitiveness

4

JC Penney taps Lionel Richie for new brand, as more retailers team with celebrities to drive sales

J.C. Penney is teaming up with singer-songwriter Lionel Richie for the retailer’s latest brand. The department store chain has already found success in curating exclusive men’s clothing lines backed by Michael Strahan and Shaquille O’Neal, a beauty line by Rihanna (for Sephora shops inside J.C.

5

Arjé’s Pop-Up Model Proves Experiential Shopping Is the Future of Retail

Oliver Corral and Bessie Afnaim Corral are rule breakers. Launched just over a year ago, their label (or “love child”), Arjé, functions on a singularly fresh retail strategy: It’s rooted in the see-now-buy-now model, but everything’s in fast-forward.

6

Vans shoes maker VF’s quarterly revenue tops estimates

Apparel and footwear company VF Corp. on Friday reported first-quarter revenue that topped Wall Street estimates, on demand for Vans shoes and North Face apparel as well as higher online sales. VF has ramped up efforts in reshaping its portfolio and elevating its most powerful brands like Vans sneakers, Wrangler jeans, and Timberland boots.

7