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Must Read: Why Artists Need Creative Directors, The New Definition of 'Fast Fashion'

Plus, New York City retailers are in the midst of a major real estate crisis.
Kanye West's Pablo pop-up shop. Photo: Jackie Butler/Getty Images for Bravado

Kanye West's Pablo pop-up shop. Photo: Jackie Butler/Getty Images for Bravado

These are the stories making headlines in fashion on Thursday.

Fast fashion takes on a whole new meaning with speedy fulfillment services
How quickly do you really need that Gucci bag you just purchased online? With luxury e-tailers like Farfetch, Net-A-Porter and Matchesfashion offering same-day delivery services that compete with the likes of Amazon, instant gratification is at an all-time high — and that's not necessarily a good thing. {The New York Times}

Why artists need "creative directors" in the digital age
Off-White's Virgil Abloh originally rose to fame as Kanye West's nebulously titled creative director, but in the age of Instagram, merch fever and precise image curation, it's a gig that more and more musicians are relying on. From the Weeknd to Travis Scott to Rihanna, artists' creative directors are crucial in helping them connect with youth culture and build a personal brand and/or aesthetic. {Billboard}

How vintage Ralph Lauren is reaching a new generation of shoppers
Like many other retro labels on the market right now, Ralph Lauren and Polo are capitalizing on '80s and '90s nostalgia thanks to millennials, tastemakers, streetwear enthusiasts and generally cool kids who are scooping up vintage pieces from the brand in record numbers — and posting about it on social media. But will Ralph Lauren, the company, be able to bank on this buzz as well? {WWD}

NYC retail is facing a major real estate crisis
From Bleecker Street to Fifth Avenue, New York City's most famous shopping areas are suffering from a steady stream of closures. Due to skyrocketing rent prices, consumer reliance on e-commerce, decreased tourist traffic, and, in some cases, proximity to Trump Tower, retail businesses are in dire straits — but there are some things that can be done to combat this. {Business of Fashion}

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Are VIP shoppers the new influencers?
While it might seem like the Instagram stars and editors posing in (often gifted) luxury designer goods all over your feed are the ones with the heaviest hand in dictating current fashion trends, that isn't exactly the case. Private shoppers — the super-rich customers who spend upwards of six figures on fashion every season — are, in fact, the ones who help to move the market and generate the most revenue. {WWD}

Naomi Campbell partnered with Diesel on a charity collection
The supermodel and activist teamed up with Diesel on a capsule of T-shirts and hoodies, as well as an ad campaign, to benefit children living in developing countries. This "Child At Heart" collection is adorned with artwork created by kids, and a portion of the proceeds will go to Campbell's Fashion For Relief initiative. {Hypebae}

Tyra Banks is starring in a "Life Size" sequel
The original 2000 film about a doll come to life starred Banks and then-teen Lindsay Lohan, and is still providing much-used GIFs 17 years later. Though the reprise sees the return of Banks without Lohan, we're hoping she'll be able to shine bright / shine far all on her own. The movie will debut on Freeform as a holiday film in 2018. {Deadline}

L'Oréal ramps up sustainability practices
L'Oréal is doubling down its environmental efforts and released a new report on Thursday recapping the progress of its "Sharing Beauty With All" sustainability program thus far. According to the report, the cosmetics giant reduced emissions of carbon dioxide from its plants and distribution centers drastically in 2016, despite increasing production. But this initiative is forward-thinking for the company: "Action is urgently needed," said Alexandra Palt, chief sustainability officer at L'Oréal, in an interview with WWD. "At the halfway mark of our 2020 ambitions, we are going to redouble our efforts to reduce our environmental footprint and reach our targets, particularly in terms of sustainable production and innovation." {WWD}

Kate Spade & Co. Foundation announces $89,000 grant to support women entrepreneurs 
On Thursday, Kate Spade's philanthropical arm announced a $89,000 grant to 1776, a Brooklyn-based global business incubator. The funds, according to a release, will create 10 fellowship seats for female entrepreneurs "aimed at promoting the creation of community-transforming, women-led businesses." The chosen fellows will have full access to 1776's Brooklyn Navy Yard campus, while the organization's Union platform will allow for participants to build their networks globally. Details on the application can be found at {Fashionista inbox}

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