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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 The Daily Fix…

AT CONDÉ NAST, CLOTHING RENTAL IS NOW AN EMPLOYEE BENEFIT – FASHIONISTA
“Starting Tuesday, Condé Nast is teaming up with Rent the Runway to offer its employees the benefit of monthly clothing rentals. ”

SAKS TO EXIT ONE OF NATION’S MOST UPSCALE MALLS – RetailingToday
“Saks Fifth Avenue plans to shutter its 107,000-sq.-ft. store at The Mall at Short Hills, in Short Hills, New Jersey, amid plans to open a flagship in a huge retail and entertainment center in the state.”

REBECCA MINKOFF X MINNETONKA FOOTWEAR COLLABORATION IS READY TO ROCK MUSIC FESTIVAL SEASON – Footwear News
“Rebecca Minkoff has added a touch of rock ‘n’ roll edge in a new collaboration with Minnetonka Moccasin Company.”

ADIDAS SELLS U.S. APPAREL FIRM MITCHELL & NESS – FashionMag
“The Adidas group announced today that it has entered into a definitive agreement to sell its Mitchell & Ness business to a newly formed entity primarily owned by Juggernaut Capital Partners.”

CHRISTIAN DIOR, NIKE,INDITEX ARE LARGEST APPAREL COS – FashionMag
“As many as 29 apparel companies feature on the Forbes Global 2000 list 2016 of the world’s largest and most powerful public companies. Leading the brigade are some of the most preeminent apparel and fashion brands Christian Dior, Nike and Zara-owner Inditex.”

AMERICAN EAGLE CALLED OUT FOR INCONSISTENT SIZING: ‘HOW SMALL HAS A SIZE 4 BECOME?’ – Yahoo!
“After buying a new pair of shorts, one woman is calling out retailers for inconsistent sizing and the damaging impact this can have on body image.”

THE TRUE COST OF RUNNING SHOES – HYPEBEAST
“Controversy surrounding the costs and processes involved with clothes manufacturing has tarnished certain brands reputations, in 2002 Nike lost a court case regarding sweatshop allegations, and more recently, Ivy Park was faced with similar accusations.”