FASHION INDUSTRY NEWS – FRIDAY

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 The Daily Fix…

MARC JACOBS CASTS TRANS DIRECTOR LANA WACHOWSKI IN SPRING 2016 CAMPAIGN – Nylon
“Marc Jacobs has revealed Lana Wachowski, transgender director, as the first of multiple faces for his spring 2016 campaign. The campaign, shot by David Sims and styled by Katie Grand, will be a series of subjects that the designer finds to be an inspiration and that represent a celebration of his America. The designer plans on releasing more portraits from the series over the next few weeks on Instagram. ”

CINDY CRAWFORD, NAOMI CAMPBELL AND CLAUDIA SCHIFFER REUNITE FOR BALMAIN’S LATEST CAMPAIGN – Hypebeast
“Balmain creative director Olivier Rousteing was criticized for embracing reality-TV stars and using them in his previous fashion campaigns, because of the perceived threat it posed to the tradition of French couture. It seems he has taken some of the criticism to heart for the fashion house’s 2016 Spring/Summer campaign, casting three of the hottest supermodels from the ’90s. Cindy Crawford, Naomi Campbell and Claudia Schiffer all dazzle in this new monochrome shoot by renowned photographer Steven Klein, which Rousteing described as a “dream come true.””

TARGET’S COLLABORATION WITH SOULCYCLE IS ITS MOST UNEXPECTED PARTNERSHIP YET – The Huffington Post
“This surprising collaboration sure has got a lot of soul.  Target announced Thursday that for its latest collaboration, the retailer is not partnering with yet another coveted fashion designer — instead, it’s working with cult-followed fitness empire Soulcycle.”

KARL LAGERFELD, THE FAMOUS FASHION DESIGNER BEHIND CHANEL AND FENDI, IS BEING INVESTIGATED FOR ALLEGED TAX EVASION – Business Insider
“Luxury fashion designer Karl Lagerfeld is being investigated for an alleged tax evasion scandal. The 82-year-old creative director and designer of Chanel, Fendi, and his namesake brand is reportedly at the center of an investigation by French authorities for allegedly squirreling away up to $22 million through companies based in the U.S., Ireland, and the British Virgin Islands, according to French paper L’Express.”

INSTAGRAM IS KILLING GAP’S BUSINESS MORE THAN EVER – Business Insiders
“Old Navy has been Gap Inc.’s saving grace, amid Banana Republic’s and Gap’s troubles. (Arguably, Old Navy’s new found turmoil might have to do with the departure of Stefan Larsson, who left his post as Old Navy’s Global President in the beginning of October to replace Ralph Lauren as CEO of Lauren’s namesake company.) But another reason to blame for this consistent struggle might be something bigger than that — it could be social media.”