THE DAILY FIX: FASHION INDUSTRY NEWS THURS

Good morning designers!  The Thursday 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…

MACY’S HAS A NEW OMNICHANNEL PAYMENT OPTION – RetailingToday
“The entire Macy’s retail portfolio, including Macy’s, Bloomingdale’s, Macy’s Backstage and Bloomingdale’s Outlet, is rolling out PayPal as a payment option in-store, online and on mobile by the end of September.”

KARL LAGERFELD’S KIDS COLLECTION IS HERE; ZARA’S PARENT COMPANY HAS ALREADY MADE $1 BILLION IN 2015 – Pret-a-Reporter
“Karl Lagerfeld’s first kids collection is here, and as one would expect, it’s filled with leather jackets, gloves and ties, all in Lagerfeld’s signature black. The line, which carries a range for newborns through 16-year-olds, was released today in Paris, where the Chanel creative director and his infamous kitty, Choupette, celebrated with cotton candy and games. The full collection will roll out in select retailers beginning in January, though prices for the biker tot-friendly line have not yet been disclosed.”

UNDER ARMOUR & STEPHEN CURRY EXTEND PARTNERSHIP – Footwear News
“The marriage between Baltimore-based athletic brand Under Armour and star Golden State Warriors guard Stephen Curry will last at least another nine years. The brand announced today that the partnership between the two has been extended and will carry through 2024.”

SHOPPERS WHO WORK ON THEIR FITNESS GET REWARDS AT SPORTS AUTHORITY – RetailingToday
“The Sports Authority is teaming up with Under Armour and  MapMyFitness on a ground-breaking new fitness rewards program. The retailer says rewards members soon will be able to earn retail rewards for completing activities within the MapMyFitness app.”

ORGANIZED RETAIL CRIME CONTINUES TO BE PROBLEMATIC – FashionMag
“Organized Retail Crime is a $30 million problem that retailers face on a day-to-day basis. The National Retail Federation released its 11th annual Organize Retail Crime Survey and found that almost all of the retailers surveyed were victims of ORC.”