The Daily Fix: Fashion Industry News Fri

Good morning designers!  The Friday 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…

BURLINGTON JOINS THE OFF-PRICE WINNER’S CIRCLE – RetailingToday
“Burlington Stores Inc. has joined the cadre of profitable off-price retailers in the second quarter with a round of impressive sales results. The company swung to a net income of $10.9 million in the second quarter of fiscal 2015 from a net loss of $6.47 million the same quarter of last year. Decreases in stock option and interest expenses, as well as some impairment charges, helped bring Burlington to profitability.”

GAP TO END ON-CALL SCHEDULING FOR WORKERS – HuffingtonPost
“Gap Inc. announced Wednesday that it would end on-call scheduling for employees at its stores by the end of September, making it the latest retailer to drop a practice increasingly seen as unfriendly to working families.”

FINISH LINE RUNNING WITH A NEW PARTNER – RetailingToday
“Finish Line will open 10 initial Puma shops within targeted retail locations across the country and online at FinishLine.com in August. The experience includes expanded product offerings with a unique approach to marketing and content creation designed specifically to connect the Puma brand to the Finish Line consumer.”

TOMMY HILFIGER ON FASHION’S LOVE AFFAIR WITH TENNIS – TheCut
“Why does the sport hold such appeal for fashion people? “Because it’s one-on-one, it’s not one team against another, the challenge is quite competitive,” Hilfiger told the Cut.”

WALMART FIRES OPENING SALVO OF 2015 HOLIDAY SEASON – RetailingToday
“Walmart has released its top toy list of 25 products and announced details of a layaway program that is less restrictive than prior years. The program begins Aug. 28, two weeks earlier than last years, and those participating will find the price point of eligible items has been reduced to $10 with a minimum basket size of $50, there is no account opening fee and only a 10% down payment is required.”