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Industry News – August 24th, 2016

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Curated fashion industry news links for Wednesday, August 24th, 2016…

NORDSTROM DOUBLING DOWN ON SPACE – RetailingToday
“Nordstrom is extending its hip in-store boutique, Space, to more locations. The department store retailer is expanding the concept to four additional stores (including sites in Los Angeles, Nashville, and Toronto), which will double the number of locations since it was launched one year ago.”

WHY TARGET’S NEW BATTLE GROUND IN TECHNOLOGY WILL HELP GROWTH – Forbes
“Target’s new Chief Information Officer (CIO), Mike McNamara, has totally revamped the IT department and the company’s attitude toward technology since coming on board in 2015. He has oversight of Target’s technology team including stores, on line and mobile access as well as distribution centers and headquarter facilities.”

DSW ANNOUNCES 21 NEW STORES TO OPEN FALL 2016 – PR Newswire
“New store growth is an important and exciting piece of the DSW formula. It allows us to bring the brand to more communities and build relationships with new customers. More stores also enable us to provide additional customers with immediate access to our full assortment. We look forward to engaging with these new customers and helping them find the perfect shoe at the perfect price,” said Valara Gee, Vice President of Stores”

AÉROPOSTALE DUELS WITH SYCAMORE OVER BANKRUPTCY – TheWallStreetJournal
“Aéropostale Inc.’s doors remain open as back-to-school shoppers hit the stores, but there is no guarantee the company will survive for long. A planned auction of the massive store chain has been pushed back to Aug. 29 as a bankruptcy judge weighs what could be a company-ending decision for the international seller of apparel to young adults…”

FASHION TO PLAY SECOND FIDDLE TO FUN AT TOMMY HILFIGER’S NYFW SHOW – Pret-a-Reporter
“Hilfiger’s Tommy x Gigi fall 2016 capsule collection, which he created in collaboration with the 21-year-old supe, will be on display for the more than 2,000 guests (half of which will be consumers, who can score tickets through Hilfiger’s loyalty program, for free on NYC Go or through editorial affiliates) as well as for fans on a livestream on Tommy.com at 7 p.m. EST.”

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