On the heels of an array of retail bankruptcy filings in 2016, New York-based designer Bibhu Mohapatra and retailers The Limited, Wet Seal, and most recently, Payless, have all filed for Chapter 11 protection this year, signaling that there is no end in sight to the constant string of fashion companies struggling financially.

Melania Trump took in Monday’s eclipse in a Jason Wu dress, according to Vogue, which called the First Lady’s frock “a polished choice for the global event.” The article is the latest in a steady stream of posts detailing the wardrobe of Mrs. Trump – who is, according to the New York Times, “becoming a quiet force inside the White House” – all of which are categorized under the heading, “Celebrity Style.”

It is unclear just how many $1,200 hoodies or $2,000+ jeans Vetements actually sells each season but the Swiss-based brand undeniably sells a lot of socks. Prior to leaving her post as Net-a-Porter’s Vice President of Global Buying early this year, Sarah Rutson confirmed that Vetements’ logoed athletic tube socks were remarkably popular. In fact, Net-a-Porter sold 500 pairs of these $95 over a period of five days last year. Other retailers have confirmed similar performance on their sites, as well. 

The founder of Chinese luxury online retailer, Xiu.com, has been extradited from Indonesia back to China in order to face smuggling charges, following a year-long investigation into his company by China Customs. According to customs officials in the Guangdong province, Ji Wenhong is on the hook for allegedly overseeing a smuggling operation, which brought luxury goods – including Gucci bags, Miu Miu clothing, Louis Vuitton fragrances, and Chanel eyewear – into China in violation of national customs law.

On Monday, Nike confirmed its long-speculated project with Off-White designer Virgil Abloh. Entitled, “The Ten,” the collection consists of 10 “Nike footwear icons” reconstructed by Abloh. According to Nike’s announcement, “Now a successful creative director, DJ, designer and founder of the brand, OFF-WHITE, Abloh, 36, blurs the lines of various creative processes, rewriting the rules of fashion and design and injecting humor and DIY elements into his practice."

India's consumer goods and retail sector is predicted to see sales soar by 40% over the next three years – making it the fastest-growing emerging market. Of this, it is estimated that brick-and-mortar sales will rise by a mere 10%, meaning that the bulk of growth is expected to come from online purchases. According to a report by the Confederation of Indian Industry and Deloitte, the online retail sector in India will be worth $1 trillion (Rs660 trillion) by 2020.    

American Apparel was not necessarily destined for greatness when its founder – then just a high school kid – had a business idea: He would sell t-shirts. Yet, within the past ten years, American Apparel has been in the news consistently for the past decade for a variety of reasons. There were the scandalous advertising campaigns, for which the brand has become known; there was the news of its early financial success; and its staunch dedication to manufacturing in downtown Los Angeles.

Your “eclipse-safe” glasses might not be so safe, after all, according to a handful of reports leading up to the "Great American Total Solar Eclipse.” Set to darken the skies across the U.S. on August 21, the eclipse has experts calling for the use of special eye protection. The problem:  “The market has been overrun with counterfeits and fakes, and many of them were being sold on Amazon,” said Richard Fienberg, a spokesman for the American Astronomical Society, told the Washington Post. “It’s become a complete freaking mess."