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FASHION INDUSTRY NEWS – THURSDAY

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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 The Daily Fix…

JOHN VARVATOS NAMES MARK BRASHEAR PRESIDENT & CEO – FootwearNews
“John Varvatos Enterprises has named Mark Brashear its CEO and president. The former Michael Kors and Hugo Boss executive’s new position is effective immediately. He replaces Cristiano Quieti.”

TARGET TO PAY NEARLY $40M TO BANKS OVER DATA BREACH – RetailingToday
“According to multiple media reports, Target has reached a settlement with MasterCard Inc. and a number of issuing banks. In papers filed in federal court in Minneapolis, Target said it would reimburse a total of $39 million in the settlement. That figure would include about $20 million for issuing banks not covered in other class action suits against Target and about $19 million to the MasterCard Account Data Compromise program.”

STAR WARS PARTNERS WITH BLOOMINGDALE’S FOR A FASHIONABLE CHARITY INITIATIVE – Forbes
“From the runway of Rodarte to sneakers by Vans, Star Wars has long been a muse for fashion both high and low. Now eleven iconic designers are looking to Star Wars: The Force Awakens for inspiration for a special collection for a good cause, entitled Force 4 Fashion. Star Wars and Bloomingdale’s joined forces—pun intended—to create a series of couture pieces that will be put up for auction to benefit the Child Mind Institute, a nonprofit dedicated to transforming mental health care for children.”

FEDS SEIZE 274 PAIRS OF MANOLO BLAHNIK SHOES BECAUSE THEY ARE MADE FROM AN ENDANGERED SPECIES – NYDailyNews
“A geography-challenged importer for the luxury shoemaker goofed up the paperwork accompanying the shipment on July 28, 2013, claiming the snakeskin had originated in China.”

AUSTRALIAN FASHION IS TRENDING COAST TO COAST – Pret-a-Reporter
“Last weekend may have been Small Business Saturday, celebrating locally made and homegrown American brands. But sometimes there’s a really good reason to show love for foreign labels. Case in point: the new 1,000-square-foot AUST boutique on Abbot Kinney Boulevard in Venice, and NoLita’s recently opened Convicts store.”