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Everlane to Sell at Opening Ceremony’s Los Angeles and New York Flagships [The Cut]
For its first-ever retail collaboration, Everlane has partnered with Opening Ceremony on two limited-edition cashmere pieces ($225 and $325), which will be sold exclusively at the New York and Los Angeles flagship stores. Opening Ceremony also will carry 10 pieces from Everlane’s evergreen cashmere basics collection. The duo also will release a special holiday capsule collection on Nov. 15. Mansur Gavriel also has a temporary shop-in-shop display at Opening Ceremony’s L.A. outpost, making it the perfect destination for all your minimalist luxury needs.
True Religion Hires Lawyers to Assist with Debt Restructuring [Reuters]
True Religion, the uber-popular Los Angeles-based denim retailer of the early 2000s, is reportedly looking for its saving grace. Reuters reports that the company has hired Kirkland & Ellis LLP to explore various debt restructuring options (including filing for bankruptcy) following a years-long drop-off in sales. With celeb fans like Paris Hilton and Jessica Simpson, True Religion was to denim what Juicy Couture was to velour tracksuits; given Juicy’s recent comeback thanks to a collab with Vetements, perhaps True Religion will be the next brand to be resurrected?
Uniqlo Aims to Be No. 1 “Information-Powered” Retailer [Fashionista]
In its new full-year earnings report, Uniqlo stated that it wished to be the No. 1 “information-powered” retailer in the world — in other words, it wants to compete with fast-fashion retailers like Zara and H&M by being able to quickly turn customer feedback into real change. In order to execute this goal and to be able to adapt to the rapid pace of the digital era, the Japanese company plans to continue opening flagship stores across the globe, lower its prices and update its distribution system to accommodate more e-commerce orders.
Stella Maxwell Lands First Beauty Contract [Instagram]
Model Stella Maxwell has landed her first major beauty gig as the face of Max Factor cosmetics. The 25-year-old Victoria’s Secret Angel, who has walked for Chanel, Versace and pal Jeremy Scott, will make her debut in the brand’s 2017 campaigns.
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