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…

MACY’S TO CLOSE AS MANY AS 40 STORES – RetailingToday
“In the name of optimizing its omnichannel approach, Macy’s said it plans to close between 35 and 40 department stores at undisclosed locations in early 2016 while moving ahead with expansion of its off price format.”

EBAY MARKS ITS 20TH YEAR WITH NEW INNOVATION – RetailingToday
“Just as it did in the 1990s during the course of one Labor Day Weekend, eBay is celebrating its 20th anniversary this month by innovating.The company is celebrating its 20th year by releasing eBay 4.0, a new app for iOS and Android, as eBay continues to innovate by creating an easier, more personalized way to shop and sell.”

MACY’S TO ADD BEST BUY-RUN ELECTRONICS DEPARTMENT IN SOME STORES – Forbes
“Best Buy has inked an agreement with the department store to test licensed consumer electronics departments in 10 Macy stores, slated to open in November 2015. Best Buy licensed shops will occupy about 300 square feet in Macy’s stores across various markets throughout the U.S.”

AEROSOLES PICKS FOOTWEAR VETERAN AS NEW CEO – NJBiz
“R. Shawn Neville, a veteran of such retail and footwear companies as Stride Rite and Reebok, started in his new position Tuesday, Aerosoles said in a news release. He takes over from Caryn Lerner, operating partner of Aerosoles parent Palladin Consumer Retail Partners LLC, who was serving as interim CEO.”

STETSON LOOKS TO HIPSTERS TO MOVE BEYOND THE COWBOY HAT –  BloombergBusiness
“Her plan is to hook young, fashionable buyers by offering an eclectic, trendy mix of hats; everything from nylon boonies to satin-lined trilbys with tattoo designs is now part of the Stetson repertoire.”