THE DAILY FIX: FASHION INDUSTRY NEWS TUES

Good Morning Everyone! 

Here are your top fashion industry updates for the day.

GIVENCHY TO SHOW IN NEW YORK THIS SEPTEMBER– Fashionista
“The brand hasn’t had a New York flagship since 2006, but plans to open on Madison Ave in September.”

FASHION WORLD REACTS TO SAME-SEX MARRIAGE – New York Times
“The Supreme Court ruled hat same-sex marriage is a Constitutional right. Members of the fashion world took to social media to show their support.”

WEALTHY PEOPLE STILL LOVE SHOPPING OLD-SCHOOL – Bloomberg
“Even as shoppers flock to the the Internet, many wealthy patrons still prefer the traditional method. They want to go to shops, peruse the racks…”

NEW MOBILE APP MAKES FAST FASHION LOOK SLOW – Forbes
“Consumers can now personalize clothing and accessories through their mobile device. Yoshirt.”

NIKE, STRONG SALES OF HIGH-MARGIN SHOES – Fox Business
“Nike Inc, reported a better-than-expected profit for the eighth quarter in a row as it sold more high margin basketball shoes and apparel at higher prices.”