Must Read: Designers Weigh in on the CFDA, Is Fashion's Retail Boom Sustainable?

Plus, Kith is teaming up with Versace, Tommy Hilfiger, Greg Lauren and more for NYFW.
Author:
Publish date:
Photo: Dan Kitwood/Getty Images

Photo: Dan Kitwood/Getty Images

These are the stories making headlines in fashion on Wednesday.

Is fashion's retail boom sustainable? 
After a disastrous decade in retail, an uptick in sales in recent quarters has given hope to struggling department stores and mall retailers. But investors aren't convinced these gains are sustainable. "Some of the sales growth can be attributed to the booming economy and could quickly evaporate in a recession," wrote Cathaleen Chen for Business of Fashion. And while these retailers have gotten better at tracking trends, "digital, direct-to-consumer brands — free from having to operate thousands of stores or the need to work with licensing companies to adjust their product mix — are still faster at responding to trends." {Business of Fashion

Fashion designers weigh in on the CFDA
The CFDA is tasked with putting on New York Fashion Week, providing assistance to emerging designers and promoting American fashion. Ahead of its main event, WWD asked a series of big-name designers — from Christian Siriano to Ralph Lauren – to weigh in on how well the organization is doing. Though some are impressed with its efforts to elevate young talents and American fashion, others are disappointed with its insular thinking and inability to create order within the industry. {WWD

Kith is teaming up with Versace, Tommy Hilfiger, Greg Lauren and more for NYFW
Kith's New York Fashion Week show on Thursday will be chock full of nostalgia-tinged collaborations, including ones with Versace, Tommy Hilfiger, Greg Lauren, Levi's, Vans and more. "My whole thesis … is to give people the feeling I had when I fell in love with the products from the brands that I love," Ronnie Fieg told Business of Fashion during an exclusive preview of the collection. Though details on the presentation are scarce, Fieg noted it will not be a traditional runway show. {Business of Fashion

Instagram may launch a new app dedicated to shopping 
Instagram is an excellent discovery tool for consumers and retailers, but the company would like expand into e-commerce by reportedly launching a brand-new app dedicated to shopping. According to Hypebeast, there are rumors that the Facebook-owned platform is working on an application that will allow users to browse and purchase goods from the businesses they follow. {Hypebeast

Launchmetrics raises $50M in funding
Launchmetrics, a data analytics platform for the fashion and beauty industry, raised $50 million in venture capital as the company gears up to expand into new markets. The investment will allow the company to focus on product innovation and development, such as technology that uses visual recognition algorithms to analyze a brands' media impact value. {Fashionista inbox} 

Dazed Media launches Dazed Beauty
Dazed Media is betting on beauty: On Wednesday, the London-based media brand announced the launch of Dazed Beauty, a community platform dedicated to "redefining the language and communication of beauty," according to the press release. The Instagram account will go live on Sept. 6, followed by a website on Sept. 26. {Fashionista inbox} 

Public School unveils collaboration with Nike 
In Public School's decade of existence, the streetwear-inspired brand has continually switched up its business and retail strategies in order to keep up with the ever-changing industry. The label's latest attempt at reinvention is a pop-up store in collaboration with Nike. The space, which is located at 3 Howard Street in Manhattan, will sell a PSNY x Nike Air Force 1 sneaker along with complimentary apparel. To celebrate the new partnership, the designers and Nike will host a Streetball Classic event on a court on East Houston Street before the store officially opens on Wednesday evening. {WWD

Karl Lagerfeld to collaborate with Puma
Karl Lagerfeld is teaming up with Puma to launch a men's and women's 13-piece capsule on Oct. 19. The focus of the collection will be Puma's Suede 50 sneaker, which celebrates its 50th birthday this year and has been the subject of multiple creative collaborations over the past few months. Items in the range include a women's cropped T-shirt and jumpsuit based on Puma's archive T7 striped tracksuit, a men's slim-fit hoodie with matching sweatpants, a backpack, a shoulder bag, a baseball cap and two unisex Suede 50 sneakers. {WWD

Goop ordered to pay $145,000 for making unsubstantiated medical claims 
Goop has reached a settlement with the California Food, Drug and Medical Device Task Force regarding statements the company published discussing the benefits of its Jade Egg, Rose Quartz Egg and Inner Judge Flower Essence Blend. According to a complaint filed last month in a California state court in Napa, Goop made unsubstantiated claims about the aforementioned products, and in cooperation with the Napa County District Attorney, Gwyneth Paltrow's wellness company has been ordered to pay $145,000 and to refund money to customers in California who purchased the products. {The Fashion Law

Snapchat introduced new Spectacles 
Snapchat introduced two new styles of camera-equipped Spectacles that now have polarized lenses. Both $200 black-on-black designs have a more traditional look than when they were first introduced in April, but still have the same hands-free camera function. {Fashionista inbox} 

Snapchat's new Spectacles. Photo: Courtesy of Snapchat 

Snapchat's new Spectacles. Photo: Courtesy of Snapchat 

Stay current on the latest trends, news and people shaping the fashion industry. Sign up for our daily newsletter.