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Must Read: Hudson Yards Made a $2 Billion Wager on a New Manhattan Mall, Suits Covered the Runways at Paris Fashion Week

Plus, how climate change forced fashion to get serious about sustainability.
Hudson Yards. Photo by Stephanie Keith/Getty Images

Hudson Yards. Photo by Stephanie Keith/Getty Images

These are the stories making headlines in fashion on Thursday.

Hudson Yards made a $2 billion wager on a new Manhattan mall 
Developers and retailers bet $2 billion on The Shops at Hudson Yards, but now that it's built, the question is, will it become a hub of Manhattan's retail scene or just another collection of upscale stores cut off from the rest of the city? Those who invested in the project hope that its location at the end of the High Line and that the people who work and live in the massive development will contribute to its success. {Bloomberg

Suits covered the runways at Paris Fashion Week 
Designers in Paris showed a wide variety of suits for Fall 2019, resulting in a message about female power and what it looks like. "Men come draped in an invisible cloak of legitimacy," writes Robin Givhan for The Washington Post. "Women are still constructing their own fashion vocabulary of power. In the lexicon so far: sheath dresses, suffragist white, power pink. That's not much of a wardrobe. So until it gets fleshed out, they borrow from the boys and primp it up just a little. Mostly, the results are terrific." {The Washington Post

How climate change forced fashion to get serious about sustainability 
According to the Intergovernmental Panel on Climate Change, only 12 years remain to reverse the effects of climate change. This daunting timeline, coupled with consumer pressure, has forced fashion to make a real sustainable push. As a result, there's been a noticeable shift in transparency from big and small brands alike. {Hypebeast

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Store closures are picking back up 
Retailers were high off spending at the end of 2018, but 2019 is already shaping up to be a record year of store closures. Gap, Victoria's Secret, J.C. Penney, Foot Locker and E.l.f. Beauty announced store closures last week. Meanwhile Abercrombie & Fitch, Chico's, White House Black Marker, Soma and Dollar Tree Inc. revealed plans to shutter underperforming shops this week. {WWD

Accessories Council announces Design Excellence Awards
On Thursday, the Accessories Council announced a new award for design excellence in honor of its 25th anniversary. The award will feature 15 categories including handbags, personal accessories, jewelry, watches, eyewear, footwear, and tech and innovation. There will be a hall of fame award, and an NPD award given to a product based on numeric sales growth. Entrants can file their bid for an award now until June 21 on the organization's website. {WWD

Poshmark appoints Serena Williams to board of directors
Poshmark is adding athlete and entrepreneur Serena Williams to its board of directors. To mark the appointment, Williams is launching a closet for charity (shop here) on the site, where she's listing her own items, ranging from Theory formal dresses to custom Gucci coats. All of her proceeds will go to the Yetunde Price Resource Center, a non-profit organization that she founded, which offers trauma-informed programs that promote individual and community-wide healing and resiliency. {Fashionista inbox} 

Bloomingdale's to launch eco-conscious pop-up shop
Bloomingdale's debuted a new rotating pop-up shop concept, The Carousel, back in September. Every two months the retailer changes the theme of the pop-up, and for March and April, it's partnered with pro surfer and Surfrider Foundation ambassador, Quincy Davis, to create a curated assortment of eco-friendly and socially conscious products. The shop, called "Good for the Globe," opens online and in stores on Thursday and features a collection of goods that support local artisans from brands like Lemlem, Apolis, Maeri and Amur. {Fashionista inbox} 

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