Industry News – December 29th, 2016

Curated fashion industry news links for Thursday, December 29th, 2016…

BRITISH ONLINE FASHION RETAILER MAKES BID FOR NASTY GAL – ChainStoreAge
“”Boohoo.com is bidding $20 million (£16.3 million) for the brand and its customer databases as the “stalking horse” candidate. Based in Manchester, England, Boohoo specializes in fast-fashion and targets teens and young women, the same audience as Nasty Gal.”

MYSIZE INC. ANNOUNCES PLANS TO HIRE NEW INVESTOR RELATIONS FIRM – PRNewswire
“MySize is hiring a new IR firm as part its existing plans to implement an aggressive and high profile investor relations and public relations campaign. We are looking forward to this engagement and to establishing new dialogues with industry decision makers and influencers,” said Eli Walles, chairman of the board of MySize Inc.”

VERSACE RACIAL-DISCRIMINATION LAWSUIT COULD MOVE TO FEDERAL COURT – TheCut
“After a former employee accused a Bay Area Versace store of racist practices, namely using a code word for black customers, his lawsuit against the company is heating up.”

DEBBIE REYNOLDS OWNED RUBY SLIPPERS FROM ‘THE WIZARD OF OZ’ AND $25M IN HOLLYWOOD MEMORABILIA – FootwearNews
“Later in her career, Reynolds exercised her many creative pursuits as a cabaret performer (sometimes alongside Carrie), as well as a fashion designer with a namesake line of dresses, and she throughout her time in showbiz she was an avid memorabilia collector who once owned a Las Vegas museum (closed in 1997) full of Hollywood movie treasures.”

KATE SPADE EXPLORING THE POSSIBILITY OF A SALE – TFL
“The New York-based handbag and accessories brand is working with a bank to gauge interest among possible buyers, according to the Wall Street Journal, which cited people familiar with the matter. The potential buyers include a number of retailers, the newspaper reported, adding that the process was at an early stage.”