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Industry News – June 14th, 2016

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Curated fashion industry news links for Tuesday, June 14th, 2016…

MACY’S TO UNVEIL NEW STORE-DESIGN PROTOTYPE – RetailingToday
“Macy’s is set to debut a store design at its remodeled location in Easton Town Center, Columbus, Ohio, that will be “100% brand new.” That’s according to a report by The Columbus Dispatch, which describes the revamp as touching nearly every aspect of the 200,000-sq.-ft. store, from the lighting to the fixtures to the flooring. But the makeover includes far more than design changes. It transforms Macy’s conventional department store format with a model that spotlights “lifestyle” departments and leased businesses.”

NYDJ TAPS LEVI STRAUSS & CO EXECUTIVE LISA COLLIER AS PRESIDENT & CEO – PRNewswire
“NYDJ Apparel, LLC, (“NYDJ”), a leading women’s denim and fashion company, announced today that Lisa Collier has been appointed President & Chief Executive Officer of the company. Ms. Collier was previously with the San Francisco-based global denim giant, Levi Strauss & Company (“LS & Co”), where she most recently served as its President of Global Dockers and Chief Transformation Officer.”

U.S. RETAIL SALES ROSE 0.5% AS CONSUMERS SHOW MORE CONFIDENCE – TheWallStreetJournal
“Sales at U.S. retailers and restaurants rose in May, the latest sign consumer spending strengthened this spring. Retail sales increased 0.5% in May from the prior month to a seasonally adjusted $455.64 billion, the Commerce Department said Tuesday.”

HOW ONE GUY MIGHT JUST MAKE FASHION MORE DIVERSE – YahooStyle!
“Last week during a panel discussion, IMG Models President Ivan Bart said that he’s planning to stage the most diverse runway show ever by challenging James Scully, an accomplished casting director who has worked with boldfaced names such as Oscar De La Renta, Tom Ford, and Stella McCartney. “We are going to appeal to one of the major designers, and we’re going to have the most diverse show; multi-size, multi-generational, different races,” Bart said. The dream: Alek Wek would open and Ashley Graham would close (both were panelists).”

BURBERRY COO SMITH TO LEAVE, HEAPING PRESSURE ON CEO BAILEY – Bloomberg
“The leadership vacuum is the latest setback for Bailey, who’s grappling with subdued luxury demand and falling profits as he tries to cut costs and lift sales. A 35 percent slump in the share price in the past year has led analysts including Paul Thomas at Retail Remedy to call for the appointment of an experienced executive to work alongside Bailey, who also serves as the brand’s chief creative officer.”

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