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Industry News – November 10th, 2016

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Curated fashion industry news links for Thursday, November 10th, 2016…

A SURPRISING NEW COLLABORATION BRINGS STATEMENT JEWELRY TO YOUR SHOE CLOSET – Vogue
“We wanted to enhance the shoes rather than interfere with the designs,” said Phoebe, before Annette chimed in: “There is nothing more annoying than hardware that hinders wearability.”

REPORT: NEARLY HALF OF RETAILERS FALLING BEHIND IN OMNICHANNEL EFFORTS – ChainStoreAge
“The data shows that retailers are developing an understanding of what types of omnichannel investments will bring a return on investment [ROI], but there is still much work to be done,” stated Lori Hawthorne, strategy director, eTail.”

A LOST EDDIE BAUER RETURNS TO ITS ROOTS OUTDOORS – Forbes
“The 96-year-old outdoor apparel brand is launching a new campaign as the company makes an attempt to regain its market share of the outdoor apparel market. Eddie Bauer’s chief executive officer Mike Egeck said the brand’s goal is to get back to predominantly performance-based apparel.”

THE NEXT EVOLUTION IN WOMEN’S CLOTHING – PRNewswire
“A Size USA has study has shown over 29% of women have a butt that is proportionally outside the current sizing standards, the same goes for pants, jeans and all other bottoms,” says founder Amy Jones. “Not a single manufacturer offers underwear choices to these women. This is a broken system.”

NASTY GAL FILING FOR BANKRUPTCY – Pret-a-Reporter
“Nasty Gal — the online fashion empire founded by Sophia Amoruso — is filing for Chapter 11 bankruptcy protection, the company announced Wednesday evening.”

OUR NEW PRESIDENT JUST GOT HIS FIRST SNEAKER ENDORSEMENT – GQ
“It’s extremely rare that a sneaker brand—especially the big hitters, with their multi-billion dollar bottom lines—explicitly endorses a President. Actually we’re not sure it’s ever happened before. (Being bipartisan is just smart business as we may have different opinions, but we pretty much all wear shoes.) And yet, tonight New Balance endorsed our new President-Elect, Donald J. Trump.”

PUMA RAISES OUTLOOK AS RIHANNA, OTHER CELEBRITY PARTNERS HELP SALES – TFL
“German sneaker maker Puma SE raised its earnings outlook after reporting profit that topped analysts’ estimates, helped by street shoes promoted by pop-star Rihanna and British model Cara Delevingne.”

BURBERRY CUTS PRODUCT LINES TO FOCUS ON NEW COLLECTIONS – Fortune
“British luxury brand Burberry is cutting 15-20% of its product lines, aiming to focus on its newest ranges as it battles to attract shoppers in a volatile luxury goods market.”

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