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Must Read: Estée Lauder Cuts Prices in China, One Direction Launches Fourth Scent

And shares of Abercrombie & Fitch hit a three-month high.
One of many times Jaden Smith wears a white Batman suit. Photo: Instagram

One of many times Jaden Smith wears a white Batman suit. Photo: Instagram

PETA video accuses Hermès of supporting animal abuse
A graphic video shot by undercover investigators from PETA depicts the horrendous conditions of alligator and crocodile farms in Texas, where the luxury brand Hermès allegedly sources skins for its legendary Birkin bag. {CBS}

Jaden Smith talks personal style
The heir apparent to the "Fresh Prince of Bel-Air," Jaden Smith, knows very few boundaries. In an interview with GQ, the unconventionally stylish 16-year old describes how he gets dressed in the morning and explains why he wore a Batman suit to Kimye's wedding. {GQ}

One Direction launches its fourth scent
The boy band may be down a member, but One Direction is still going strong with its latest fragrance, Between Us. The fourth scent leans slightly more elegant in aroma and design to appeal to a slightly older fanbase. "As One Direction fans are growing up to become young, modern women, we wanted to bring the design in line with this," the band said in a statement. {Hollywood Life}

BaubleBar to open first brick-and-mortar location
Online-native fashion jewelry brand BaubleBar is set to open its first permanent retail location at the Roosevelt Mall in Long Island, New York. Four years after its inception, the company is now bringing in estimated sales of $75 million. {Forbes}

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Violet Grey hires first presidentMaureen Case, the former president of Jo Malone London, will become the first president of luxury beauty company Violet Grey, a position created specifically for her. A 20-year veteran to the beauty industry, Case will be responsible for expanding Violet Grey's domestic and global growth. {Fashionista inbox}

Abercrombie & Fitch shares rebound
Shares in Abercrombie & Fitch Co. hit a three-month high on Tuesday afternoon after Jefferies Group analysts said the company has been rolling out promising product changes — particularly at Hollister — under its new management team. "We are encouraged by the massive change the new team has been able to accomplish in a short amount of time," Jefferies wrote. {Bloomberg Business}

Estée Lauder cuts prices in China
After China agreed to lower import taxes on cosmetics and other goods, Estée Lauder has vowed to decrease prices at some of its brands — including MAC Cosmetics and Bobbi Brown — effective July 1. Other cosmetics companies are expected to follow suit. {WWD}

Five hundred retailers and editors to attend NYFW:Men's
More than five hundred retailers and editors have registered for the inaugural New York Fashion Week: Men's, which will host 40 shows and presentations between July 13-16. That's a solid lineup, but it didn't come about so easily: Steven Kolb, president of the CFDA, said it took two years to raise the necessary funds and support — both from U.S. menswear designers who were already showing elsewhere, and from editors and retailers who didn't want the shows cutting into their summer vacations. {WWD}

Retailers pull Confederate flag merchandise
After a 21-year-old man opened fire in a historically black church in Charleston, South Carolina, last week, many U.S retailers — including Walmart, Amazon, Sears and Ebay — have vowed to stop selling Confederate flag reproductions, historically a symbol of brutal racism and a segregated South. {Esquire}