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 May
 31
 2017



Ulrike

Hello,

Happy Wednesday and welcome to a new issue of The Spin. Today, Ulrike Howe highlights the death of Amazon's online shopping show StyleCodeLive, Gucci's design debacle and Hugo Boss' unusual CFO selection. Enjoy the read - and feel free to share.



brands

Gucci vs. Dapper Dan. Gucci's 2018 cruise collection is gaining a lot of social media attention - most of it for a fur jacket with huge sleeves. The striking piece reminds fashion connoisseurs of a famous design by legendary "Hip Hop Tailor of Harlem", Dapper Dan . Before his shop was shut down for copyright infringement in ’92, Dan clad his clientele in outfits made of classic designer fabrics. Olympic medalist Diane Dixon, for example, wore a fur jacket with voluminous sleeves that - except for the Louis Vuitton logos on the XL sleeves - looked almost identical to Alessandro Michele's current interpretation for Gucci.


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Trump’s Big League. For $69 per month, the Trump re-election campaign offers a subscription box with monthly deliveries of "exclusive and vintage Donald J. Trump merchandise". Items in the so-called "Big League Box" include T-Shirts with Trump-Pence slogans and motifs, bumper stickers, buttons and mugs, many labeled "2016". For now, subscriptions of the "Birchbox "-style service will be limited.


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people

Hugo Boss AG names Yves Müller CFO. The former CFO of German coffee chain Tchibo arrives in a time of transition. Currently, the Metzingen-based company is working on pricing adjustments (in German) and store closures and plans to focus on the two main brands, Boss and Hugo. No later than January 1st, 2018 Müller will take over from Mark Langer, who was promoted to CEO in May 2016 and has since held the CFO responsibilities ex officio.





retail

Amazon kills StyleCodeLive. Online giant Amazon has cancelled its online shopping show, StyleCodeLive . The move comes just days after Christine Beauchamp took the position (in Italian) of President at Amazon’s fast-growing fashion division. StyleCodeLive was launched in March 2016 as a young version of the TV home shopping experience.



Galeries Lafayette arrives at Bosporus. After two years of delays (in German) French department store chain Galeries Lafayette has arrived in Istanbul. The 9,500 sqm flagship features fashion for women, men and children, cosmetics and home items from about 400 brands. Architectural highlight is a glas dome (in French) much like the one in the Paris flagship. After Berlin, Dubai, Djakarta and Beijing, Istanbul is the retailer’s fifth international location. Additional stores are planned in Doha and Milan.



Payless ShoeSource store closures to double. US footwear retailer Payless ShoeSource, which currently operates under Chapter 11 bankruptcy protection, has requested approval from the US Bankruptcy Court for the Eastern District of Missouri to close up to 408 additional stores. In April, Payless announced plans to close about 400 underperforming stores in the US and Puerto Rico. At that time the company operated about 4,400 stores.





markets

Milan gets CityLife. The ambitious CityLife project on the former fairgrounds of Milan is nearing completion. According to CityLife and Sonae Sierra the about 100 retail locations in the 32,000 sqm complex are already 80% booked. The official opening date (in German) is November 30th.



European Shoeshow is called off. German fair organizer Wellfairs GmbH has cancelled (in German) the second edition of the European Shoeshow. The event was scheduled to run September 24th and 25th in Cologne. The show premiered in early February in Cologne’s historical XPost. About 170 exhibitors from 14 countries and 1,260 visitors had attended to mixed reviews .





last

Never home alone. A 2015 murder case in Arkansas raised questions about what voice activated personal assistants are actually recording and whether the government can demand access to those tapes. In the above murder investigation, the suspect authorized Amazon to give the Echo tapes to prosecutors. Now, legal experts are asking Congress to protect Americans’ privacy rights. More than 40 devices including TVs, home monitoring systems as well as toys can already listen in, and the number is rising…







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