Industry News – July 26th, 2016

Curated fashion industry news links for Tuesday, July 26th, 2016…

OFF-PRICER CONTINUES TO EXPAND – RetailingToday
“The Dallas area is getting its sixth Nordstrom Rack store. Nordstrom said it will open a Nordstrom Rack at The Centre at Preston Ridge in Frisco, Texas. The approximately 33,000-sq.-ft. store is scheduled to open in fall 2017. The property is owned by Brixmor Property Group.”

GET A FIRST LOOK AT THE KENZO X H&M COLLECTION – Vogue
“The big reveal is still months away—we’ll see it IRL around the time the U.S. elects its next president—but H&M has shared three looks from its upcoming Kenzo collaboration with Vogue.com today. Given Kenzo Takada’s penchant for clashing patterns and textures and current creative directors Carol Lim and Humberto Leon’s own lively work at the label, the lineup is plenty colorful.”

UNDER ARMOUR’S PROFIT TUMBLES AS SPORTS AUTHORITY BANKRUPTCY TAKES TOLL – Forbes
“In the second quarter, the company posted a loss of $52.6 million, compared to a profit of $14.7 million a year earlier. This reflected the closure of all Sports Authority stores and a dividend paid out to certain shareholders. Adjusted for certain items, earnings of one cent per share were in line with Wall Street analyst estimates.”

FEEL THE FUTURE™ : COLE HAAN LAUNCHES 2.ZERØGRAND – PR Newswire
“Cole Haan, the iconic American lifestyle footwear and accessories brand and retailer, is excited to announce the launch of 2.ZERØGRAND – the next generation of ZERØGRAND, which debuted in July 2014. Featuring a 360 ̊ platform design that makes it the most advanced Grand product to date, 2.ZERØGRAND is the ultimate marriage of heritage, craftsmanship and functional performance engineering, created for an on-the-go city lifestyle.”

18 DESIGNERS SHARE EXCLUSIVE SPRING 2017 SHOE SKETCHES – FootwearNews
“Eighteen of footwear’s most creative names share exclusive sketches and intriguing backstories behind their spring ’17 collections.”