Must Read: Demi Lovato Covers 'InStyle,' Abercrombie & Fitch Q4 Earnings Beat Expectations - Fashionista

Must Read: Demi Lovato Covers 'InStyle,' Abercrombie & Fitch Q4 Earnings Beat Expectations

Plus, fashion is back in fashion according to URBN execs.
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Demi Lovato on the April cover of "InStyle." Photo: Carter Smith

Demi Lovato on the April cover of "InStyle." Photo: Carter Smith

These are the stories making headlines in fashion on Wednesday. 

Demi Lovato covers the April issue of InStyle
Demi Lovato wears a crimson Valentino gown on the latest InStyle cover shot by Carter Smith at a beachfront Malibu home. Inside the issue, the singer-songwriter discusses turning struggles into strength, the single life, speaking up about mental illness and being a role model for young girls. {InStyle}

Abercrombie & Fitch Q4 earnings beat expectations 
Abercrombie & Fitch released its fourth-quarter and full-year earnings report for 2017 on Wednesday, reporting a net sales increase of 15 percent for the quarter and 5 percent for the year. Net sales were $1.193 billion, up from $859.1 million in the previous quarter, which marked the first increase in several quarters. Fran Horowitz, A&F CEO, referred to 2017 as "a year of significant progress," and added that, "We achieved several important milestones, including Hollister growing to $2 billion in sales, Abercrombie returning to positive comparable sales for the fourth quarter and record digital sales across all brands." Looking ahead, Horowitz said the company plans to focus its attention on "engaging our customers with compelling assortments and new experiences, in clearly defined brand voices."{Fashionista inbox}

Fashion is back in fashion according to URBN execs
Urban Outfitters, Inc., parent company of its namesake, Anthropologie and Free People, has blamed a lack of newness in fashion for its lagging sales over the past few years, and focused on its non-apparel categories like home and beauty to compensate. But now, execs say, fashion is, well, back in fashion and a desire for new pant styles (namely, not skinny jeans) is bringing apparel shoppers back to stores. As a result, all of URBN's brands saw comparable sales increase, if only a small amount, in the fourth quarter of 2017: 8 percent at Free People, 5 percent at Anthropologie and 2 percent at Urban Outfitters. {Fashionista Inbox} 

Undercover ditches women's shows to focus on men's 
To put more emphasis on his menswear line, Jun Takahashi of Undercover has decided to stop holding women's shows and instead stage only men's shows. The Japanese designer held his final Undercover womenswear show in Paris last week, and he will begin showing his men's collection on the runway in Paris starting in June for the Spring 2019 season. {Business of Fashion

Wendy Yu endows curatorial position at The Metropolitan Museum of Art's Costume Institute 
The Metropolitan Museum of Art announced the endowment of the position of Curator in Charge of The Costume Institute, made possible by a donation from Chinese investor and philanthropist Wendy Yu. Andrew Bolton's title will thus change from simply Curator in Charge to, Wendy Yu Curator in Charge, effective immediately. "My mission, through Yu Fashion, is to support the fashion industry and one-of-a-kind talents such as Mr. Bolton," said Ms. Yu in a press statement. "We will be providing a cross-continent opportunity for cultural exchange as well as increasing awareness of The Costume Institute in China." {Fashionista Inbox} 

Victoria Beckham appoints Ralph Toledano as brand chair 
Ralph Toledano, a French businessman and the current president of the French trade body Fédération de la Haute Couture et de la Mode, has been named chairman of Victoria Beckham Ltd. Toledano will help prepare the company for its next phase of growth as it looks to expand in the Asian market. This announcement also follows the 30 million euro investment from NEO investment partners that the company received in December. "Since I founded the company ten years ago, I have always looked to bring on board the best people to help me deliver my vision," Victoria Beckham said in a press statement. "Following the investment from NEO last year, I am thrilled to now have the additional expertise of Ralph as chairman." {Fashionista Inbox}

China's copycats are made by fans, not fakes  
China has a long history of selling copies — there's even a store that just opened in Shanghai called "Colette Forever" that looks strikingly similar to the recently-closed boutique in Paris. While many would argue that these fakes infringe upon the intellectual property rights of brands and retailers, the Chinese say they are loyal fans and re-create goods as a tribute to the originals. {Jing Daily}

David Beckham on male grooming
In January, David Beckham — soccer star and hunky husband to Posh Spice — announced that he was partnering with L'Oréal on a men's grooming line. His cosmetics venture — which boasts a range of face creams, beard oil and pomades designed to help shoppers nail his signature slick-backs — is further proof that males are increasingly concerned with moisturizing and skin care. {Bloomberg}

Karl Lagerfeld on moving fashion forward and his overly-pampered pet 
After 35 years leading Chanel, and after 84(!) years of life, Karl Lagerfeld is still kicking. His most recent ready-to-wear and couture shows for the French fashion house prove that he can still take fashion to unforeseen places. In an interview with Vanity Fair, Lagerfeld talks continuing to move fashion forward and pampering his six-year-old cat, Choupette. {Vanity Fair

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