Industry News – February 17, 2017

Curated fashion industry news links for Friday, February 17th, 2017…

KATE SPADE ACKNOWLEDGES THAT IT’S LOOKING INTO ITS OPTIONS – Forbes
“Kate Spade could soon be sold to the highest bidder. The retailer said on Thursday that it was “exploring strategic alternatives” for its business. Shares jumped 11% to $21.92 on the news.”

PUMA SIGNS ILLUMINATION’S MINIONS AS NEW CREATIVE COLLABORATORS – PRNewswire
“Today, Global Sports Brand PUMA, together with Illumination and Universal Brand Development, announced a multi-season partnership with Gru’s loyal and mischievous Minions from the blockbuster Despicable Me franchise.”

YEEZY DOES IT – TheCut
“No, this time West put everything in proportion. In the center of the square studio was a high square tower covered in black cloth, on which images of the models were live-projected.”

NEW YORK FASHION WEEK: FOR A CHANGE, MARC JACOBS DID NOT WANT TO ENTERTAIN US – Pret-a-Reporter
“On Thursday, he closed out fashion week by rebelling against the monster he created: He took the showmanship out of the show. That’s right, for once, he did not want to entertain us. At least that’s what it seemed.”

RETAIL WOES: A BANKRUPTCY TIMELINE – TFL
“On the heels of an array of retail bankruptcy filings in 2016, New York-based designer Bibhu Mohapatra and retailers The Limited and Wet Seal, have all filed for Chapter 11 protection this year, signaling that there is no end in sight to the constant string of fashion companies struggling financially.”