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Must Read: Nike Cuts More Than 1,000 Jobs, Kim Kardashian Accused of Wearing Blackface

Plus, Bebe is going to be relaunched as an e-commerce site.
Photo: Drew Angerer/Getty Images

Photo: Drew Angerer/Getty Images

Nike cuts two percent of its workforce
Sportswear giant Nike is cutting about 1,400 jobs, or two percent of its workforce, as part of an overhaul intended to speed up the product development process and beat competitors like Adidas and Under Armour. {Business of Fashion}

Is Kim Kardashian wearing blackface in her new beauty ad?
That's what some Twitter users are saying about the image Kim Kardashian posted to promote her upcoming KKW beauty line. The claim is that the image has been darkened so much that Kim is "essentially wearing blackface." Interestingly, fellow Kardashian-Jenner family member Kylie was just accused last week of ripping off an indie brand and appropriating black culture with her latest merch drop. {The Cut}

Bebe to relaunch e-commerce platform
Bebe just announced that it would be closing all its stores in April, but there's already a sort of revival on the horizon for the brand: Global Brands Group plans to relaunch Bebe's e-commerce platform and wholesale. "It's a reset on the brand, and we can really get to the customer on e-commerce," said one of the execs in charge of Bebe's future. {WWD}

A look back at '60s "It" girl Anita Pallenberg's style
Anita Pallenberg is credited with deeply influencing the Rolling Stones' glam rock look and inspiring countless designers besides. In light of her death this week, The New York Times created a gallery of some of her best style moments. {The New York Times}

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Watch the trailer for body positivity documentary "Straight/Curve"
Director and producer Jenny McQuaile is aiming to change the conversation surrounding body image with her upcoming documentary "Straight/Curve," which sees industry players like Tim Gunn, Iskra Lawrence and more share their input on "what is standing in the way of more diversity and inclusivity in the fashion industry and media." {Elle}

How pop-ups became a core retail strategy
Pop-up shops are becoming more and more common, and brands say they're beneficial even when they're not huge sales drivers. Why? They help brands create an experience for customers, which can be especially useful for fledgling online-only labels, and they can also generate earned press and social media engagement. {Digiday}

Walmart to acquire Bonobos for $310 million in cash 
Superstore Walmart announced on Friday that it has entered into an agreement to acquire e-commerce-driven menswear company Bonobos for $310 million in cash. Once the deal is finalized — which is expected to close toward the end of the second quarter or beginning of the third of this fiscal year — Andy Dunn, founder and CEO of Bonobos, will report directly to the president and CEO of Walmart U.S. eCommerce, Marc Lowe, and oversee the brand's roster of digitally native brands. {Fashionista inbox}

Winners announced for the LVMH Prize for Young Fashion Designers
Luxury conglomerate LVMH announced Marine Serre as the winner of its Young Fashion Designers award based on the decision of a panel of jurors that included Phoebe Philo, Karl Lagerfeld and more. The jurors also gave a "special prize" to Kozaburo Akasaka, and the Graduate Prizes were awarded to Mariam Mazmishvili, Maija Meiro and Robert Wallace. {Fashionista inbox}

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