Industry News – March 17th, 2016

Curated fashion industry news links for Thursday, March 17th, 2016…

A DISASTROUS MERGER HAS LEFT THIS CLOTHING STORE VIRTUALLY WORTHLESS – Business Insider
“The unraveling of the once great Jos. A. Bank brand is nearly complete. Tailored Brands, the parent company of the men’s clothing store that until last month was known as Men’s Wearhouse, says it has been unable to stem the hemorrhaging of sales at the clothing store following its attempt to halt overly aggressive discount policies, and now anything of value associated with Jos. A. Bank is virtually worthless.”

OVERSTOCK PARTNERSHIP TO OFFER EXCLUSIVE MERCHANDISE – RetailingToday
“Overstock.com is partnering with fashion company Andrew Charles on an exclusive line of home goods and fine jewelry. “We are excited to announce this exclusive partnership, and to offer our customers these original products,” said Overstock.com President Stormy Simon. “Andrew Charles is a beautiful line, and we are looking forward to adding it to our designer collection.” Andrew Charles is a lifestyle brand that embodies a luxurious and modern design, rooted in tradition and inspired by Hilfiger’s years at the center of the fashion and music industries.”

A SECOND H&M COACHELLA COLLECTION IS COMING – Forbes
“There was a time Coachella attracted a crowd that traveled to the Valley for the music. Nowadays, it’s making a fashion statement that’s becoming of growing importance when attending the Californian festival that takes place in April. In honor of this year’s festivities which infuse indie music and bohemian street style, H&M launches a Coachella collection which carries the theme “Freewheeling playfulness”, accompanied by the #HMLovesCoachella hashtag.”

AS MANUFACTURING BECOMES MORE GLOBAL, AMERICAN CLOTHING STARTUPS WANT TO BRING “MADE IN USA” BACK – Hyperbeast
“Forget established labels like American Apparel, a slew of American clothing startups are now deciding to make their products in their own backyard. A foreign idea in 2016, when globalization has resulted in most of the world’s products being manufactured in lower-wage countries. But these startups aren’t just investing in the idea of patriotism or marketing. Manufacturing at home has an ever-expanding résumé of benefits. For starters, it’s a strategic move to foster innovation in apparel — which is especially important in sportswear and athletic-wear. Fast Company makes the argument that “Made In USA” is going to be the norm again.”

RICCARDO TISCI UNVEILS HIS NIKELAB PERFORMANCEWEAR COLLECTION – Vogue
“While being at the helm of Givenchy, Riccardo Tisci has also proven himself to be an ideal creative partner for Nike, thanks in part to his love of Americana. “Nike is an American company and very well perceived. The opportunity makes a big statement. I think it’s a dream of any designer’s to be in everybody’s home,” he told Vogue.com earlier this year of his update to Nike’s Dunk sneaker. Now, with two successful sneaker collaborations under his belt, the Italian designer is releasing a range of performance apparel with NikeLab.”

EU COURT DENIES THE BODY SHOP REGISTRATION OF TRADEMARK – FashionMag
“The General Court of the European Union declared that UK cosmetic company The Body Shop cannot register ‘Spa Wisdom’ as a Community trademark, on the grounds that it could take unfair advantage of the reputation of Spa Monopole brands, a Belgian cosmetics company well established in the Benelux countries.”