Industry News – June 24th, 2016

Curated fashion industry news links for Friday, June 24th, 2016…

ANALYSIS: IS RALPH LAUREN CORP. MOVING AWAY FROM LUXURY? – RetailingToday
“Ralph Lauren Corp. made headlines with its June 7th announcement that it planned to close 50 stores and lay off 1,000 employees as part of a restructuring in response to lower sales.”

THE FASHION WORLD RESPONDS TO BREXIT – FASHIONUNITED
“London – It would seem the recent poll conducted by the British Fashion Council that saw the majority of designers asked said that they wanted to remain in the European Union is obsolete now.”

CHICO’S FAS INC. IMPLEMENTS NEW INITIATIVES FOR GROWTH – FASHIONUNITED
“Chico’s FAS, Inc. just unveiled news that under its new chief executive officer, Shelley Broader, the company has been implementing new initiatives setting up for success. Due to a letter from the company to its shareholders that surfaced, the company has moved forward and shown progress in these plans.”

KATE HUDSON’S FABLETICS CONTINUES TO CONFUSE CUSTOMERS – Yahoo!
“Fabletics — the online “discount” activewear brand with those inexplicably irritating Kate Hudson commercials — has come under fire yet again.”

ROGER FEDERER IS ON A MISSION TO MAKE TENNIS FASHION GREAT AGAIN – Yahoo!
“At 34, Roger Federer has no plans to retire — yet. But if and when he does, the 17-time Grand Slam champion has a second career waiting in the wings as a fashion designer.”

SHOES OF PREY X BUTTER LONDON LAUNCH NAIL LACQUER COLLECTION THAT MATCHES FOOTWEAR – Footwear News
“Shoes of Prey and British nail lacquer brand Butter London have teamed up on a new collection that matches pedicures and footwear.”

VANS TO RELEASE ITS FIRST RUNNING SHOE IN SOLE CLASSICS COLLABORATION – Footwear News
“Vans is releasing its first running shoe through a collaboration with Columbus, Ohio-based boutique Sole Classics. The Sole Classics x Vans Vault OG Runner LX was announced through a folklore titled “The Story of Kitchi,” shared on the retailer’s website.”

TOMS BREAKS DOWN HOW IT GIVES BACK WORLDWIDE AT NEW CALIFORNIA RETAIL SHOP – Footwear News
“Toms’ “One for One” ethos is showcased in a new way at its latest retail shop.”