Must Read: Hugo Boss Won't Show at NYFW, Aliza Licht Joins Alice + Olivia

Plus: The new Fenty Puma by Rihanna creepers will come in velvet.
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boss womenswear jason wu

Boss womenswear runway, September 2016. Photo: Getty/Ben Gabbe

Boss, Hugo Boss' womenswear line, won't show at NYFW
As part of its recent restructuring efforts, Hugo Boss' womenswear line, Boss, won't show at NYFW in February. The brand has been quick to emphasize that its collaboration with womenswear designer Jason Wu will remain important, even as the brand refocuses its attention more on menswear in the coming months. {Vogue UK}

Aliza Licht joins Alice + Olivia as EVP of Brand Marketing and Communications
The woman behind the well-known social media personality DKNY PR Girl, who worked for Donna Karan International for 17 years, has joined Alice + Olivia by Stacey Bindet's marketing and communications team. Licht will oversee brand marketing, social media, communications, advertising and celebrity dressing for the brand starting on November 28. {Fashionista inbox}

Fenty Puma by Rihanna to drop new creepers next month
The highly sought-after shoe collaboration between the world's most marketable celebrity and the sportswear brand features her signature creepers in an all-new fabric: velvet. The shoe, which won Footwear News' "Shoe of the Year" award this year, will be available in three colors in the new fabric on December 6. {Fashionista inbox}

Gap's third-quarter earnings dropped 18 percent
Costs related to store closures outside North America severely hurt the California-based retailer that also operates Old Navy and Banana Republic, in addition to selling under its own label. Gap earned $204 million in the third quarter this year, compared with $248 million during the same three-month period last year. {BoF}

The U.S. election is depressing consumer spending
Retailers have lost out on $800 million in online sales revenue in the first two weeks of November due to slowed spending after the election, according to Adobe Digital Insights. The sharpest drop came right after the election, with sales growth at only 1.3 percent (as opposed to the predicted 7.8 percent). {CMO}

Céline adds Nathalie Marrec as senior exec for accessories
The LVMH-owned French brand tapped Marrec, who has worked at Saint Laurent and Balenciaga in the past, to head up its "linchpin" accessories category. The brand is still on the hunt for a new CEO, after Marco Gobbetti announced plans to leave the brand to join Burberry sometime in 2017. {WWD}

Vogue Fashion Fund has a new format
The British Fashion Council announced that the Vogue Fashion Fund for next year will be split amongst three recipients rather than going to one winner, in an attempt to benefit an "increasing pool of deserving talent." All the winners will receive BFC's mentoring program and access to potential investors. {Vogue UK}

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