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Two short months into her daytime TV show, FABLife, and Tyra Banks is ready to move on. Instead of television, Banks will turn her attention to her cosmetics line, though she will remain an executive producer on the show until December. There are currently no plans to replace Banks, and the show will instead be carried on by co-hosts including Chrissy Teigen and fashion contributor Joe Zee. [THR]
Abercrombie & Fitch’s turnaround has a been a “slowly but surely” process, but it appears that things are starting to pay off. Third-quarter results for the brand doubled Wall Street estimates, with experts pointing to the label’s customer-centric rather than theatrical approach as a reason for its successes. That being said, Abercrombie executives admit that the company still has a ways to go to make it back to the top. [WWD]
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Amid the many, many layoffs occurring at Conde Nast recently, the company has made a new hire. Former T: The New York Times Style Magazine publisher Brendan Monaghan was hired to replace Bill Wackermann as the publisher of Conde Nast Traveler. [WWD]
Next week, Macy’s will launch its first Korean-beauty shop-in-shop to allow customers to get a taste for the skin-care and beauty lines that have taken the world by storm. Peach & Lily, a store that carries multiple Korean beauty brands and was founded by Alicia Yoon, will get the temporary space in the Flushing, Queens, N.Y., Macy’s location. Though there are no concrete plans yet set in place, Yoon explained that there is discussion about the brand’s expansion to more stores and also online. [Fashionista]
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