Industry News – March 6th, 2017

Curated fashion industry news links for Monday, March 6th, 2017…

SAKS CONTINUES CANADIAN EXPANSION – ChainStoreAge
“On Thursday, March 9, Saks Fifth Avenue Off 5th will open two new locations in the greater Toronto area…”

ROSS STORES OPENS 28 NEW LOCATIONS – PRNewswire
“Ross Stores recently opened 23 Ross Dress for Less® (“Ross”) and five dd’s DISCOUNTS® stores across 15 different states in February and March. These new locations are part of the Company’s plans to add approximately 70 Ross and 20 dd’s DISCOUNTS locations during 2017.”

GORDON BROTHERS WINS BANKRUPTCY AUCTION FOR RETAILER WET SEAL – TheWallStreetJournal
“A bankruptcy judge signed off on Gordon Brothers’ $3 million purchase of teen retailer Wet Seal LLC’s brand name after a competitive auction.”

PARIS FASHION WEEK: COMME DES GARCONS PLAYS BODY POLITICS – Pret-a-Reporter
“Rei Kawakubo may have done more for the future of body positivity with her Comme des Garcons show on Saturday afternoon than the barrage of real-size models on the runway and in magazine pages in recent months.”

BRANDS’ MOST VALUABLE ASSETS OFTEN GO UNPROTECTED – TFL
“One thing young brands invariably fail to do: Lay a proper foundation to protect some of their most valuable assets. While you may think this means the brand’s designer talent or its real estate space, something actually trumps these assets and it comes in the form of a brand’s intellectual property (“IP”).”