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FASHION INDUSTRY NEWS – FRIDAY

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Good morning designers!  The Friday edition of the StylePortfolios.com Daily Fix is up and ready for your reading pleasure.  What are you waiting for? Get a coffee, sit-down and get your day started-off right with The Daily Fix…

WILL LUXURY EVER WORK ON A PLATFORM LIKE AMAZON? – FASHIONUNITED
“In the wake of LVMH firmly stating they will not sell their brands on Amazon, the question arrises if luxury can ever work for an e-commerce platform of Amazon’s size and market segment.”

FAST RETAILING EXPECTS 37 PERCENT RISE IN FY17 OPERATING PROFIT – FASHIONUNITED
“The Fast Retailing Group reported a rise in revenue but a fall in profit for the financial year from September 1, 2015 to August 31, 2016.”

INTELLECTUAL PROPERTY INFRINGEMENT CASES ON THE RISE IN CHINA – TFL
“The number of intellectual property lawsuits filed in Chinese courts is steadily growing, and nearly one in six are being filed by non-Chinese entities. According to a report complied by the Shanghai Intellectual Property Court, which reflects on the cases it oversaw in 2015, the majority of lawsuits were based on claims of trademark or patent infringement.”

ULTA BOOSTS OUTLOOK, BRICK-AND-MORTAR EXPANSION PLANS – RetailDIVE
“Ulta is in something of a sweet spot in retail, busting through its own expectations for the second time this year.”

IS UNIQLO’S HIGH FASHION FOCUS ENOUGH TO BEAT ITS FAST FASHION REPUTATION? – TFL
“Uniqlo, the Japanese fast fashion subset of Fast Retailing Co., has been trying to up its fashion cred as of late, shifting its focus – at least in theory – towards higher quality garments.”

ABERCROMBIE & FITCH UNVEILS NEW BRAND IDENTITY AMID DECLINING WORLDWIDE SALES – HYPEBEAST
“After the departure of controversial CEO Mike Jeffries and amid flagging sales, ubiquitous teen fashion label Abercrombie & Fitch has wasted no time in revamping its brand image along cleaner, more candid lines. ”

WILDFOX AND SMASHBOX TEAMED UP TO HELP YOU FIND THE PERFECT PAIR – NYLON
“What goes perfectly with your favorite fall sunnies?”

WHOOPI GOLDBERG COLLABORATES WITH HUDSON’S BAY FOR EXCLUSIVE HOLIDAY SWEATER COLLECTION. – FASHION NETWORK
“Goldberg has always loved the holiday season, in particular her family’s tradition of donning their ugliest & kitschiest sweaters every holiday season.”

ZAFUL’S AFFILIATE MARKETING PROGRAMS DRAWS 1 MILLION USERS IN AFTER ROUND OF PROMOTION – PR Newswire
“The latest edgy, daring, and exciting fashion trends are all found at Zaful, a fashion e-commerce site that looks to set its own fashion trends.”