Industry News – August 17th, 2016

Curated fashion industry news links for Wednesday, August 17th, 2016…

OFF-PRICER TURNS IN ANOTHER STRONG PERFORMANCE; CONTINUES TO GROW FOOTPRINT – RetailingToday
“There was no stopping TJX Cos. in its second quarter. But it sounded a cautious note about its third quarter.”

MACY’S IS HAVING TROUBLE HOLDING ON TO BRANDS – TFL
“When a significant other suggests they need some space to think through the relationship, it’s typically code for “I think I want to break up with you but kinda just want to dip my toe in singledom before I break the bad news.””

KATY PERRY’S NEW SHOE LINE IS VERY KATY PERRY – Nylon
“Just a few months after launching a lipstick line with CoverGirl, Katy Perry is back with a new collection of her own—and it’s going to be major.”

URBAN OUTFITTERS IS SURGING AFTER TROUNCING EXPECTATIONS FOR EARNINGS AND SALES – Business Insider
“Urban Outfitters shares jumped 11% in premarket trading on Wednesday after the company reported earnings and sales that were better than analysts expected.”

MICHAEL KORS IS USING SNAPCHAT TO GROW ITS ONLINE SALES – Business Insider
“Luxury designer brand Michael Kors was able to leverage Snapchat’s filters feature to drive up sales of its Kendall II sunglasses on National Sunglasses Day in June, reports Luxury Daily.”

AERIE LIFTS AMERICAN EAGLE’S COMPARABLE SALES ABOVE ESTIMATES – FASHION NETWORK
“Teen apparel retailer American Eagle Outfitters Inc reported a bigger-than-expected rise in quarterly comparable sales, largely due to strong demand for its Aerie line of lingerie and personal care products.”

CHARITABLE CONTEMPORARY LABEL N : PHILANTHROPY SNAPS UP ELSA HOSK FOR DEBUT FASHION CAMPAIGN – FASHION NETWORK
“Supermodel Elsa Hosk is teaming up with n : Philanthropy to front the label’s first-ever campaign this fall — a campaign with with a charitable twist.”

SOURCING AT MAGIC PANEL: CALERES TALKS 3-D-PRINTED FOOTWEAR – Footwear News
“Will consumers soon be printing their own shoes at home? That was the question today at a panel discussion hosted by Callers at the Magic trade show in Las Vegas.”

NUDY PATOOTY BRINGS HIGH-TECH ANTI-SWEAT TEXTILES TO THE BOARDROOM – CANADIAN BUSINESS
“In an age when we can explore virtual worlds and put robots on Mars, it seems odd that we’re still making clothes that get stinky.”

GUESS LAUNCHES FALL DENIM RECYCLING CAMPAIGN – FASHION NETWORK
“Guess has partnered with Cotton Incorporated’s “Blue Jeans Go Green” denim recycling program for the next 2 months.”