1. How Supply Chain Troubles Snagged the Fashion Industry: Even Nike cannot keep up with demand. The company anticipates several virus-related closures in Vietnam, home to 50% of the firm’s iconic footwear production under normal circumstances. – Read More on Morning Star
2. Neiman Marcus CEO says a more normal social and travel calendar will help the luxury retailer: Men’s apparel, women’s shoes, handbags and jewelry have been the top-selling categories that drove a 6% sales increase in its fiscal fourth quarter that ended on July 30 compared with the same quarter in 2019. – Read More on Dallas News
3. How Designer Kim Jones Takes Fashion Beyond an Exclusive Club: Pietro Beccari, CEO of Christian Dior Couture, says Jones has excellent commercial instincts, with a knack for creating products that generate firestorms of coverage, from that Vuitton x Supreme collab to 2019’s Air Diors and the saddlebags that are tailored to the particular story of each season. – Read More on the WSJ
4. Rent the Runway Rises and Then Falls 9.1% in Trading Debut: RTR rose as much as 18% in its trading debut before sinking below the price in its upsized initial public offering, which still gave its valuation a boost from the depths of the coronavirus pandemic. – Read More on Bloomberg
5. Buy early for Christmas, Puma tells shoppers: The company expects that Vietnam factory closures, compounded by shipping constraints, will hit its product supplies, even as the group increased its 2021 sales outlook. – Read More on Reuters