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Author:Whitney BauckPublish date:Apr 28, 2020These are the stories making headlines in fashion on Tuesday.Even as some cities are still at the height of lockdown orders, store owners are starting to think through what reopening will look like. It may mean the shopping experience changes a lot, from booking appointments to go into stores, to drive-throughs for luxury product pickup, to sanitizing individual items, to limiting the number of people allowed into a boutique at any given time.
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Apple's retail chief reportedly said many more stores will open next month - Business InsiderIt's unclear which stores Apple plans to reopen, but retail exec Deirdre O'Brien previously suggested that US locations could start reopening in May.
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Adidas CEO doubles down on ecommerce as 70% of its global stores remain closed - Business InsiderAdidas plans to ramp up digital presence and reopen stores in the US by mid-May; currently, more than 70% of its global store base remains shut.
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What It’s Like to Be a Costume Designer for InsecureShiona Turini on Issa Rae, Black designers, and her favorite season four looks.
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Amoeba Music won't reopen original Sunset Boulevard store: 'We have no choice'Shoppers didn't know it at the time, but their final spree at Amoeba Music's Hollywood store on Sunset Boulevard was their last, as the original location will not reopen.
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Chico's shares soar after plan to start reopening stores announcedShares of Chico's FAS Inc. soared 15.1% in Tuesday premarket trading after women's apparel and accessories retailer announced plans to begin reopening stores on May 4. Chico's portfolio includes the namesake chain, White House Black Market and Soma. The reopening will happen in three phases: first the company will use its stores to fulfill online orders, then buy-online-pickup-in-stores using contactless curbside pickup and, finally, shop by appointment for all of its brands. "We believe we will have some significant advantages in the next several months as the majority of our stores are under 3,500 square feet and are located in easily accessible shopping plazas," said Chief Executive Bonnie Brooks in a statement. "Due to the smaller size of our boutiques, Chico's FAS has the ability to reopen quickly and safely and to follow enhanced safety precautions." Brooks says Chico's has experienced double-digit digital growth over the past six weeks. The growth was driven by certain categories, including active and sleep, and, according to Brooks, a tech enhancement. Store management was given a handheld device containing proprietary styling software, Style Connect, that "allows for intimate but distanced connection" with customers. The majority of Chico's associates were furloughed on April 1, hours and pay were reduced for most remaining associates, and pay was halved for executives and the board. Distribution center workers have received their full pay. For the 13 weeks ending February 1, same-store sales were up 2.2%, after three consecutive quarters of negative same-store sales. For the four weeks ending February 29, same-store sales were up 2.7%. As of April 27, Chico's had about $103 million in cash and equivalents on hand. Borrowings on an asset-based credit facility and by leveraging its own real estate could yield an additional $100 million in liquidity. The company also has a one-time liquidity benefit of $95 million under the CARE
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NRF Launches ‘Operation Open Doors’Retailers need to take health precautions, issue PPE and operate stores much differently as they gradually reopen.
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