FASHION INDUSTRY NEWS – TUESDAY
Good morning designers! The Tuesday 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…
CARHARTT PARTNERS WITH EMINEM TO OFFER EXCLUSIVE APPAREL AT FLAGSHIP STORE IN DETROIT – PRNewswire
“Carhartt, America’s premium workwear brand since 1889, today announced another collaboration stemming from its ongoing partnership with music icon and Detroit native Eminem: a line of exclusive, E13-branded products available only at its Flagship store in Detroit for a limited time.”
TEEN APPAREL RETAILER BEATS Q4 FORECASTS – ChainStoreAge
“For the period ended January 28, 2017, Tilly’s revenue was $160.2 million, an increase from $159.1 million last year. Net sales also topped Wall Street forecasts of $159.9 million. The chain also beat analyst predictions of earnings hitting 21 cents per share. Tilly’s posted a profit of 22 cents per share.”
THAKOON HITS ‘PAUSE’ ON HIS FASHION LABEL – TheCut
“We have recognized that the business model is ahead of the current retail environment. Therefore, we are taking a pause and an eventual restructure.”
IVANKA TRUMP FINE JEWELRY IS OFFICIALLY OVER – Pret-a-Reporter
” The Ivanka Trump brand is discontinuing the fine jewelry collection, which offered a range of pieces from a diamond and 18k yellow gold cuff for $10,420 to a diamond cluster ring for $1,930, according to the company.”
URBAN OUTFITTERS AND REEBOK JOIN FORCES FOR SPRING 2017 – FootwearNews
“Splashed with the iconic Reebok logo are long-sleeve sweatshirts, graphic tees and two-piece track suits inspired by archival designs. The collaboration also extends its spirit of ’80s activewear in three new footwear styles: Workout Plus, Freestyle Hi and Classic Leather.”
OWNER OF KATE HUDSON SPORTSWEAR LINE FABLETICS EXPLORES SALE – TFL
“TechStyle Fashion Group, owner of the Fabletics sportswear line that features celebrity actress Kate Hudson, is exploring a sale that could value it at more than $1.5 billion, including debt, people familiar with the matter said on Monday.”