Must Read: Georgia May Jagger Debuts Rainbow Hair, Alexander Wang Opens Largest Store to Date in London

And Tory Burch will host a Hilary Clinton fundraiser in her Hamptons home.
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And Tory Burch will host a Hilary Clinton fundraiser in her Hamptons home.

These are the stories making headlines in fashion this Friday.

Georgia May Jagger tastes the rainbow
Georgia May Jagger has added streaks of pink, blue and purple to her famously blonde hair. "Mermazing hair colour," the British model captioned one Instagram image. She is not the only model have a major hair transformation as of late: Abbey Lee recently stained her hair with cotton candy-colored hues. {Instagram}

Suki Waterhouse fronts Redken campaign
Suki Waterhouse, the 23-year-old British-born model who's commonly referred to as Bradley Cooper's former girlfriend, stars in Redken's new campaign for "Diamond Oil Glow Dry" blow-dry oil. The in-demand Waterhouse is also the new face of Amazon Fashion in Europe. {Daily Mail}

Alexander Wang opens his largest store to date in London
One door closes, another opens. Just after confirmation that Balenciaga is parting ways with current Creative Director Alexander Wang, news comes that the designer is opening his biggest branded flagship in London on Aug. 1. Talk about good timing. {WWD}

Tory Burch to host Hillary Clinton fundraiser
These are exciting times for designer Tory Burch. Her namesake business is growing, with an athleisure line called Tory Sport launching online and in stores this year. Why not the share the wealth? Page Six reports that Burch will host a fundraiser for Hillary Clinton at her sprawling Hamptons mansion in late August. {Page Six}

Travel retail fuels growth in luxury goods
Did you know that travel accounts for 40 percent of global spending on personal luxury goods? Tourists are pouring their money into airport malls, but also into cruises, border shops and duty and tax-free shops. The overall market has grown by an aggregate 8.4 percent a year over the past 10 years, which is faster than the broader personal luxury goods market. {Business of Fashion}

Lululemon rides high on athleisure trend
Lululemon is killing the game, one pair of yoga pants at a time. Despite a few hiccups in its recent past, the Canadian sportswear retailer has a pretty solid business model, and has essentially created the athleisure trend that high-end designers, like Tory Burch most recently, are trying to replicate. {Business Insider}

Kors sues NYC property owner for counterfeiting
Michael Kors filed a lawsuit against the owner of a NYC property for his alleged complicity in the sale of counterfeit Michael Kors products. The shops are located on Mulberry Street in Little Italy, just north of the counterfeiting hub of Chinatown’s Canal Street. There is precedent for this tactic: both Tory Burch and Coach have successfully sued landlords who have allowed tenants to sell counterfeit merchandise. {New York Post}

Bridget Foley reflects on treaded "B" word
That's right: branding. With Fashion Week around the corner, Foley is dubious of the merits of the New York Fashion Week's new logo and minces no words on the CFDA's effort to rebrand the biannual fashion event. Foley offers her own suggestions for improving Fashion Week, namely focusing on the less glamorous concerns of the event's attendees. {WWD

Daria Werbowy does double duty
It's not often that models step behind the camera, but when they do, they usually make magic. (For example, Alexa Chung photographed her clique of famous pals for Paper recently.) Model Daria Werbowy has taken it a step further, and not only is she the star of Equipment's fall 2015 campaign, she plays photographer, capturing casual self-portraits in the brand's wares. {Fashion Copious}

Homepage photo: Georgia May Jagger sport rainbow-hued tresses. Photo: Instagram.