FASHION INDUSTRY NEWS – WEDNESDAY
Good morning designers! The Wednesday 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…
FOR THE TRUMPS, ‘MADE IN U.S.A.’ MAY BE A TRICKY LABEL TO STITCH – TheNewYorkTimes
“A majority of clothes these days are made anywhere but in America. And in this era of local pride and nationalistic fervor, that has become a political liability.”
RENT THE RUNWAY RAISES NEW ROUND OF FUNDING AMID EXPANSION – ChainStoreAge
“The dress rental business announced it has closed on a $60 million round of funding, led by Fidelity Management and Research Company with additional money from such existing investors as Bain Capital Ventures and Highland Capital Partners. Total investment in the company now stands at $190 million.”
IS THE LIMITED’S DEMISE IMMINENT? – Forbes
“Store associates and an online customer service representative from the apparel chain, which is reportedly expected to file for bankruptcy in the coming weeks and facing a possible liquidation, offered mixed messages on the future of the 240-store chain — or lack thereof.”
FABLETICS ANNOUNCES U.S. RETAIL EXPANSION WITH 12 NEW STORES OPENING IN 2017 – PRNewswire
“Adding to the 18 existing locations that started opening as of Fall of 2015; these new stores will bring the Fabletics retail store count to a total of 30 locations throughout the continental United States in just 23 months.”
EVERYBODY LOVES CARRIE: 10 PHOTOS OF CARRIE FISHER WITH HER FAMOUS FRIENDS – Pret-a-Reporter
“The iconic ‘Star Wars’ star died Dec. 27 after suffering a heart attack the week prior. Here, to celebrate the then-premiere of ‘Star Wars: The Force Awakens,’ THR offered a look back to the Princess Leia actress’ glory days with shots of Fisher and her Hollywood besties — Chewbacca included.”