FASHION INDUSTRY NEWS – MONDAY

Good morning designers!  The Monday 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…

WHY INDIA IS THE NEXT ‘ECOMMERCE BATTLEGROUND’ – Business Insider
“A handful of major US tech companies will be abuzz about India this year.  Facebook will persist in battling net neutrality debates to continue its “Free Basics” internet program there. Google will try to convince local officials to let it fly its internet-bearing balloons in its airspace.  And, most notably, Amazon will continue to try to conquer its”trillion-dollar” online retail market. ”

THIS CONTROVERSIAL COMPANY IS DOMINATING RETAIL WITH JUST ONE PRODUCT – Business Insider
“EOS is wildly popular. The 10-year-old lip balm available at Target and Walmart is a hit among cool girls. It’s also sold in hip retailer Urban Outfitters and beauty haven Sephora.  The brand came in at #20 on a list of brands compiled by Goldman Sachs and Teen Vogue that fashion-forward girls age 13 to 29 like. Kim Kardashian has been a spokesperson for the company, whose names stand for “Evolution of Smooth.””

ADIDAS NAMES HENKEL’S RORSTED TO REPLACE HAINER AS CEO – FashionMag
“German sportswear firm Adidas has appointed Henkel’s Kasper Rorsted as its new chief executive after the 53-year-old Dane succeeded in cutting costs and boosting profits during an eight-year reign at the consumer goods group.”

H&M TO LAUNCH A CONSCIOUS BEAUTY LINE – Nylon
“H&M, our go-to for affordable, yet fashion-forward clothing and accessories, has announced that they’re extending their beauty line to include a new conscious line of products for skin, hair, and body. Consisting of almost 30 products ranging from shampoo to aluminum-free deodorant, everything is made with certified organic ingredients, the products are sustainably produced, and they’re fragranced with essential oils. To top it off, everything is priced between $7 and $13—keeping our bodies and our wallets happy. Products start hitting stores next week and will continue to roll out until March.”

THIS UNIQUE BUSINESS MODEL IS TAKING OVER RETAIL — AND CUSTOMERS ARE SAYING THEY HATE IT – Business Insider
“Subscription models are incredibly popular. Look no further than Netflix, Amazon Prime, Dollar Shave Club, and Carnivore Club. It seems easy — sign up and you have a product each month, for a fixed price. But at the same time, many subscription-based retailers have come under fire for not having clear disclosures about their billing practices.”