The Daily Fix: Fashion Industry News Wed

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 The Daily Fix…

DSW’s NEW STRATEGY PAYS OFF IN SECOND QUARTER – RetailingToday
“DSW says its investments in becoming a more “customer-centric” company are paying off, as the retailer reported sales and earnings growth in the second quarter.”

TEENS ARE SHOPPING MORE LIKE THEIR PARENTS – JournalTimes
“Teens are shopping like their parents during the back-to-school season, and that’s putting a lot of pressure on retailers to change the way they market to them. Gone are the spending sprees, starting weeks before school bells ring. More teens are thrifty nowadays, a habit picked up from their recession-scarred parents.”

H&M CONSCIOUS FOUNDATION LAUNCHES GLOBAL CHANGE AWARD – YahooNews
“The first ever Global Change Award for early-stage green innovation in the fashion industry will give away over 1 million dollars in grant money to winners.”

TARGET TO PAY MILLIONS IN HIRING DISCRIMINATION CASE – RetailingToday
“Target Corp. has agreed to pay $2.8 million to resolve a hiring discrimination claim filed by the U.S. Equal Employment Opportunity Commission. The EEOC said three “employment assessments,” which Target no longer uses, disproportionately screened out applicants based on race and gender, according to the Associated Press, and therefore violated Title VII of the Civil Rights Act of 1964.”

DESIGNED BY SNARKITECTURE, RONNIE FIEG’S BROOKLYN KITH RE-LAUNCH HAS SNEAKERS, APPAREL, AND CEREAL – Forbes
“KITH CEO Ronnie Fieg has a lot to be happy about. His new store designed in tandem with Snarkitecture (Daniel Arsham’s firm) opens today in the Brooklyn neighborhood of Prospect Heights, making for what might be the very first concept shop ever in the borough.”