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Industry News – February 2nd, 2017

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Curated fashion industry news links for Thursday, February 2nd, 2017…

ZAC POSEN IS TAKING HIS 15TH ANNIVERSARY COLLECTION OFF THE RUNWAY – Vogue
“To celebrate his 15th anniversary, Posen is swapping the runway this season for a more intimate presentation of portraits. Photographed by Vanina Sorrenti, they’ll feature the designer’s muses new and old—Jourdan Dunn and Lindsey Wixson included—wearing his Fall 2017 collection.”

RALPH LAUREN CEO TO DEPART OVER ‘DIFFERENT VIEWS’ WITH FOUNDER, SHARES TUMBLE – Forbes
“According to a release from the company on Thursday, chief executive Stefan Larsson will finish his time at the American retail empire on May 1. Larsson, a veteran of Old Navy and H&M, had taken the job in September 2015 from Ralph Lauren himself and was tasked with turning the company around.”

CHINESE DESIGNER TO SHOWCASE GROUNDBREAKING WORK AT NEW YORK FASHION WEEK – PRNewswire
“International haute fashion designer Sheguang Hu will bring his visually stunning fashion designs to New York City this month for 2017 Fashion Week.”

ANNE SLOWEY LEAVES ELLE AFTER ALMOST TWO DECADES – TheCut
“It’s not just fashion brands undergoing leadership changes right now; magazines are also experiencing a staff reshuffle. The latest: After almost two decades at Elle, Anne Slowey quietly left her position as fashion news editor in December, reports “Page Six.” Slowey had been at the magazine since 1998.”

PROTEST SIGNS, CAMO PRINTS KICK OFF MEN’S RUNWAY SHOWS AT NEW YORK FASHION WEEK – Pret-a-Reporter
“From overt messages of protest to the more subtle ways clothes communicate thought and emotion, menswear designers are wasting no time addressing the country’s current mood — and conversely, many are offering an antidote. Welcome to the fall/winter 2017 shows, the chaos and comfort edition.”

J.CREW TAKES LEGAL ACTION TO ASSERT RIGHTS UNDER TERM LOAN AGREEMENT – TFL
“J.Crew Group announced on Wednesday that it has filed a lawsuit in the New York State Supreme Court, Commercial Division against Wilmington Savings Fund Society, FSB, as successor agent under the Term Loan Agreement, based on actions taken by an ad hoc group of term loan lenders to disrupt the Company’s evaluation of opportunities to enhance its capital structure.”

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