FASHION INDUSTRY NEWS – FRIDAY
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STELLA MCCARTNEY PRESENTS HER MEN’S WEAR LINE – TheNewYorkTimes
” Stella McCartney has long been defined by fashion, music and her family name. So it was fitting that for the introduction of her first men’s wear collection on Thursday night, the 45-year-old British designer chose Abbey Road Studios, made legendary as the recording venue of choice for her father, Paul McCartney, and the rest of the Beatles during the 1960s.”
BELK BRINGS MODERN. SOUTHERN. STYLE. TO THE 2016 HOLIDAY SEASON – PRNewswire
“Belk kicks off the holiday season with a visit from Santa at its annual SantaFest event in all stores on November 12. With stores opening at 4 p.m. on Thanksgiving Day, Belk will offer hundreds of doorbusters and $2 million in gift card giveaways to the first customers at every store Thursday and Friday.”
THE BRAND THAT HELPED MAKE MENSWEAR COOL IS MAKING GREAT SNEAKERS AGAIN – GQ
“While Lang called it quits on the fashion industry in 2005, the Helmut Lang label lives on and today is helmed by Alexandre Plokhov, a designer who knows plenty about crafting well-cut, clean-lined menswear and, apparently, sleek sneakers.”
ALIBABA’S SINGLES DAY START: $4 BILLION IN SALES IN 30 MINUTES – TFL
“Alibaba Group Holding Ltd. posted $1 billion (6.81 billion yuan) of sales within the first five minutes of its Singles’ Day shop-a-thon, a 24-hour event that may offer clues on the health of the Chinese economy and its largest online retailer.”
NORDSTROM LOSES NEARLY $200 MILLION ON E-COMMERCE SITE TRUNK CLUB – Fortune
“The upscale department store bought Trunk Club, a now seven-year-old online service that helps men shop by giving advice and sending trunks full of handpicked premium clothes for them to try on at home and choose from, for $350 million in August 2014.”