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…

VF CORP. INTRODUCES 2021 GROWTH PLAN – ChainStoreAge
“With a measurable goal of delivering top quartile total shareholder returns, VF Corp. unveiled its 2021 strategic growth plan. The five-year plan focuses on four opportunities that will serve as the foundational elements underlining its new strategy.”

KOHL’S STRATEGY FOR BOOSTING ONLINE SALES? OPEN MORE STORES – Forbes
“Kohl’s future success is dependent on its omnichannel efforts and, not only does the retailer lose physical store sales when it shutters a unit, but its online business drops off, as well.”

U.S. POLO ASSN. BRAND CONTINUES ITS GLOBAL EXPANSION – PRNewswire
“USPA Global Licensing Inc. announces the addition of three new licensing partners for the U.S. Polo Assn. brand, the official brand of the United States Polo Association. These new partnerships expand the U.S. Polo Assn. brand within Asia, with new opportunities in China and South East Asia.”

HOW VANS SKATED PAST A BIG RETAIL MILESTONE – Fortune
“The 51-year-old Vans saw sales hit $2.3 billion in 2016, after years of work expanding the brand’s appeal beyond teenage skateboarders. It did that by being selective about where its products are distributed and also by leveraging one of the biggest assets VF (VFC, -3.68%) brings to its stable of labels: tech.”