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 Daily Fix…

NEW OWNERS LAYING OFF 65 EMPLOYEES AT 7 FOR ALL MANKIND, ELLA MOSS AND SPLENDID – California ApparelNews
“Two months after Delta Galil acquired 7 For All Mankind, Ella Moss and Splendid, the Israeli company is laying off 65 people.”

AMERICAN APPAREL FOUNDER DOV CHARNEY IS BACK WITH A NEW T-SHIRT BUSINESS HE SAYS IS ALREADY WORTH $30 MILLION– Business Insider
“Dov Charney, the founder of American Apparel who was forced out of the company in a 2014 boardroom coup, has a new gig: He has started a T-shirt company with some of his old colleagues from American Apparel and is already shipping merchandise.”

ARSONIST SUSPECTED IN GAP DISTRIBUTION CENTER FIRE – California ApparelNews
“After one of Gap Inc.’s largest distribution centers was severely damaged by fire, the company was scrambling to fill online orders and get merchandise on store shelves in its Northeast territory.”

PACSUN SHEDS BANKRUPTCY, EMERGING AS A PRIVATE COMPANY – California ApparelNews
“Five months after filing for Chapter 11 bankruptcy protection, Pacific Sunwear of California has been acquired by a San Francisco private-equity investment firm.”

TIM GUNN SLAMS FASHION INDUSTRY FOR ITS ‘DISDAIN,’ ‘LACK OF IMAGINATION’ FOR PLUS-SIZE STYLES – Yahoo!
“Not mincing any words. Tim Gunn slammed the fashion industry for ignoring plus-size women… calling out designers for failing to think outside the box.”

COTTON ON EYES $2BN IN YEARLY SALES, PLANS GLOBAL EXPANSION – FASHION NETWORK
“Cotton On group predicts sales will reach AU$2 billion (US$1.5 billion) in fiscal 2016, on the back of aggressive global expansion plans.”

GWYNETH PALTROW LAUNCHES HER OWN CLOTHING LINE – Yahoo!
“If you’ve ever wanted to raid Gwyneth Paltrow’s closet, you’ll soon have the chance to come pretty close.”

ALEXANDER WANG REVEALS ADIDAS COLLABORATION AT FASHION WEEK – FASHION UNITED
“Adidas has a proud history of collaborating with top luxury designers like Raf Simons and Jeremy Scott. Now, they have a new name to add to their list: Alexander Wang.”

J. CREW DITCHES MODELS FOR FRIENDS AND FAMILY IN BEAUTIFULLY DIVERSE NYFW PRESENTATION – USA TODAY
“Jenna Lyons has stumbled on a creative way to increase diversity at fashion events: Cast your stylish family and friends.”