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Crowds Line Up at Colette for the Apple Watch, Kering Says Gucci Turnaround to Come This Year

And Wet Seal says that fast fashion wasn't to blame for its demise.
Lining up for the Apple Watch. Photo: Ben A. Pruchnie/Getty Images

Crowds line up for the Apple Watch, now available in select stores. Photo: Ben A. Pruchnie/Getty Images.

Colette shouldn't have any trouble moving its stock of Apple Watches. On Friday morning, a line of 70 shoppers waited outside the Paris concept store for a chance walk out with a watch in hand — or wrist. {WWD}

Gucci may have had a disappointing first quarter, but parent company Kering says a turnaround is already underway. CEO François-Henri Pinault told investors Thursday that Gucci will see "very noticeable signs of improvement in Gucci's business" in the second half of the year, when the first collection from Creative Director Alessandro Michele hits the sales floor. {WWD}

Wet Seal's CEO Ed Thomas said “self-inflicted“ issues — not fast fashion — forced the company to file for Chapter 11 bankruptcy in January. The brand, now owned by a private equity firm, expects to have completely updated its merchandise by July to better serve its core customer base, young women ages 18 to 24. {WWD}

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