FASHION INDUSTRY NEWS – THURSDAY

Good morning designers!  The Thursday 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…

FENDI TO LAUNCH TRAVELING POP-UP CONCEPT IN NORTH AMERICA – the latest
“Fendi’s taking a road trip. The luxury brand is launching a new traveling pop-up concept dedicated to the North American market.”

UNDER ARMOUR’S QUEST TO DETHRONE NIKE AND JUMP-START BALTIMORE – Bloomberg
“In March, Under Armour won a minor skirmish in the war for sportswear dominance when it became the first to sell a performance shoe with a 3D-printed midsole. The shoe, the UA Architech, sold out online in 19 minutes. Sure, there were only 96 pairs available, but, as Chief Executive Officer Kevin Plank says one recent afternoon, “Everyone was trying to do it. No one thought that we’d get there first.” ”

FRENCH COURT ORDERS KERING TO PAY HEDI SLIMANE $13 MILLION – Footwear News
“PARIS – A French commercial court has ordered Kering to pay $13 million to Hedi Slimane in application of a noncompete clause following his departure from YvesSaint Laurent earlier this year, one of his lawyers said on Wednesday.”

DELTA GALIL TO ACQUIRE CONTEMPORARY PREMIUM BRANDS FROM VF CORP – Business Wire
“TEL AVIV, Israel–(BUSINESS WIRE)–Delta Galil Industries, Ltd. (DELT/Tel Aviv Stock Exchange, DELTY.PK/OTCQX), the global manufacturer and marketer of branded and private label apparel products for men, women and children, as well as leisurewear and activewear, today announced that it has signed a definitive agreement to acquire contemporary premium brands, including the businesses and brands of 7 For All Mankind®, Splendid® and Ella Moss® from VF Corporation (NYSE:VFC).”

JEEP, DISNEY, LEVI STRAUSS, RALPH LAUREN, FORD NAMED MOST PATRIOTIC BRANDS – MarketingDaily
“With Independence Day around the corner, Brand Keys is revealing the brands that consumers consider the most patriotic. Disney joins Jeep to lead the parade, followed by Levi Strauss, Ralph Lauren and Ford. ”

NIKE UNVEILS TEAM USA 2016 OLYMPIC AND PARALYMPIC UNIFORMS – FashionMag
“Nike unveiled on Tuesday the signature medal-stand uniforms for Team USA athletes competing at the Rio 2016 Olympic and Paralympic Games, at a gallery-style opening at Studio 45 in New York City.”