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 Daily Fix…

 

Hot Canadian brand opens first U.S. store – Chain Store Age

Canada Goose, the 60-year-old brand best known for its signature goose-down jacket with Arctic Circle logo and fur-trimmed hood, has opened a flagship in the SoHo section of Manhattan.

 

A.T. Kearney: Economic resilience spikes holiday spending – Chain Store Age

Forty percent of U.S. consumers plan to spend more this year than during the 2015 holiday shopping season, driven by better job prospects and an improving economy.

 

TGIF: How Vogue Editors Do Casual Fridays – Voque

We can’t really complain about our Monday-through-Thursday dress code—we work at Vogue.com, after all, and can experiment with any vintage dress or wacky boot that strikes our fancy—but…

 

Stocks to Watch: Abercrombie & Fitch, Foot Locker, Gap – Wall Street Journal

Among the companies with shares expected to trade actively in Friday’s session are Abercrombie & Fitch, Foot Locker and Gap.

 

Fast Retailing CEO Not Interested in J. Crew, Other Acquisitions – Wall Street Journal

Fast Retailing Co. aims to reach 3 trillion yen ($27 billion) in sales without making major acquisitions, its chief executive said, rejecting speculation that Asia’s biggest apparel maker would look to overseas deals to accelerate growth.

 

Here’s the First Designer to Say She Won’t Dress Melania Trump – NY Mag

In the first few weeks with Melania Trump as First Lady–Elect, the fashion industry has remained fairly mum. But designer Sophie Theallet, who has dressed current First Lady Michelle Obama, went so far as to issue an official statement saying she will not be dressing Mrs. Trump.

 

Gap to Close Even More Stores as Sales Remain Sluggish – The Fashion Law

Apparel chain Gap said it would shut more stores than forecast previously and that it expected a further drop in traffic during the crucial holiday shopping season.

 

Store Openings Help Fuel Jimmy Choo’s Growth – Footwear News

New store openings helped fuel second-half revenue growth at Jimmy Choo despite a difficult climate for luxury, the company said in a trading update on Friday.