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Must Read: American Apparel Is Looking For a Buyer, Kanye West Will Open 'Pablo' Pop-Ups Worldwide

Plus, Supreme implements a new line system for its fall 2016 drop.
Danielle in American Apparel's Unisex Fisherman's Pullover. Photo: American Apparel

Danielle in American Apparel's Unisex Fisherman's Pullover. Photo: American Apparel

These are the stories making headlines on Thursday.

American Apparel is exploring a sale
It's been six months since American Apparel emerged from Chapter 11 bankruptcy, and now the Los Angeles-based retailer is looking for a buyer, according to sources. The brand has paired up with investment bank Houlihan Lokey Inc. to explore a confidential sale. {Reuters}

Kanye West is opening more "Pablo" pop-ups around the world
On the heels of Kanye West's New York Fashion Week announcement, the rapper and designer will open 21 "Pablo" pop-up shops for one weekend only from Aug. 18 to Aug. 21. The locations span across the globe, including 13 cities in the U.S.: New York City, Philadelphia, Boston, Atlanta, Miami, Chicago, Dallas, Houston, Detroit, Portland OR, Los Angeles, Las Vegas and San Francisco. Outside of the U.S., shops will set up in Toronto, Singapore, Amsterdam, London, Berlin, Sydney, Melbourne and Cape Town. Exact times and locations will be revealed on West's website. {Fashionista inbox}

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Supreme implements a new line system
A "new normal" has been enforced at Supreme's New York flagship store during its much-hyped weekly drops, which attracts a line of hopefuls that span city blocks hours before the shop opens. Starting with its fall 2016 release on Thursday, arriving shoppers (and resellers) are given an assigned number from security, along with a specific location and time to show up and place their orders. {Hypebeast}

A background in Wall Street can help create a fashion brand
It's crucial for a fashion designer to have a reliable business partner, so the rise of successful labels by Wall Street alums should come as no surprise. The professional experience helps a brand cater to both its consumer and financial needs. "The more left-brained designers coming out of Wall Street aren't just more business-minded than their design-school colleagues. They often eschew traditional approaches to the business," says reporter Christina Binkley. {Wall Street Journal}

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