THE DAILY FIX: FASHION INDUSTRY NEWS THURS

Good Morning Everyone! 

Here are some key insights on what is happening in the world of fashion today.

 
MACY’S TO PHASE OUT TRUMP’S MENSWEAR LINE– Forbes
“The move comes after over 700,000 people signed a MoveOn.org petition calling for Macy’s CEO Terry Lundgren to end the department store’s business relationship with Trump.”

NEW CAMOUFLAGE PATTERN NOW IN FASHION FOR THE U.S. ARMY – NewYorkTimes
“The Army is getting a redesigned combat uniform, with tweaked detailing and accessories, which entered select Military Clothing Sales stores.”

FIRST CITYTARGET ON EAST COAST IS SET TO OPEN – RetailingToday
“Target Corp. is set to open its largest CityTarget store ever, and the first on the East Coast, at the end of July.”

MAC COSMETICS TO OPEN ITS FIRST MAKEUP STUDIO – NewYorkTimes
“This is the first time we’re putting services out in front,” he said. This means that the makeup artists staffing the salon won’t be pushing lipsticks and blushes…”

NIKE CO-FOUNDER PHIL KNIGHT TO STEP DOWN AS CHAIRMAN – USAToday
“Over the years, I’ve spent a great deal of time considering how I might someday evolve my ownership and leadership of NIKE in a way that benefits all of our stakeholders. Today, we have taken a number of important steps that will continue to promote NIKE’s long-term growth.”

KOHL’S NEW OFFICE PRICE CONCEPT NOW OPEN – RetailingToday
“Kohl’s is testing the off-price waters by opening a discount store in Cherry Hill, N.J., this summer called “Off Aisle by Kohl’s.”