• WWD Yearbook 5B: Retail and Fashion Bankruptcies in 2018

    1 month ago - By WWD

    While 2018 saw fewer fashion-related bankruptcies than in 2017, the year is noteworthy because it includes the third-largest retail bankruptcy via Sears Holdings Corp.
    And depending how the bankruptcies of Sears and Nine West play out, 2018 could also turn out to be the year when those that filed were more likely to exit bankruptcy as reorganized entities. So far one has exited, and another has plans to come out by mid-January. Two others are awaiting resolution through the legal process.
    David's Bridal
    The bridal retailer filed a pre-packaged bankruptcy, meaning it had the support of...
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  • WWD Yearbook 6: Ralph Lauren's Year to Remember

    1 month ago - By WWD

    Fifty, fabulous and still going strong. That distinction is unique in fashion, applicable to exactly one designer-founder, not just now, but ever: Ralph Lauren.
    Celebrating the 50th anniversary of his company's launch with a magical, memorable event at Bethesda Terrace in Manhattan's Central Park was the pinnacle in a seminal year for Lauren that included numerous other points of distinction. Most, though not all, had some tangential connection to the anniversary; several spoke to the broad-based appeal of this icon of global fashion who has achieved a level of power and influence elusive...
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  • WWD Yearbook 2: Fashion Industry Deals With Sexual Misconduct, Diversity, Equality and Controversy

    1 month ago - By WWD

    The takeaway of Harvey Weinstein's recent I've-had-one-hell-of-year e-mail could easily apply to the fashion industry, too.
    While the year started with media reports of bombshell allegations of sexual misconduct and abuse against major league photographers, plenty of other firestorms erupted in the months that followed. Reports of overly handsy executives, a dearth of non-slender models on the runway, Victoria Secret's alarmingly non- MeToo-fashion show and Dolce & Gabbana's public apology for offensive Instagram posts against the Chinese were just some of the fiery issues that seared the...
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  • WWD Yearbook 7: Fashion Wakes Up to Digital Future

    1 month ago - By WWD

    The digital doubters are all gone.
    After years when small steps forward were heralded as great advances, the retail, apparel and luxury industry got down to real work this year, reshaping fashion - from marketing to distribution to delivery.
    It's not just the hip new brands with newer ideas like Stitch Fix Inc. or the e-commerce giants like Amazon making a splash. The old guard is charging ahead and grabbing its future online.
    The most dramatic moves came from those with the most to lose.
    Compagnie Financière Richemont took full control of Yoox Net-a-porter and linked Chinese e-commerce...
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