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News flash: Forever 21, copy on!

While the NYPD continues to do its part to support local designers by raiding Chinatown counterfeiters, higher-profile copycats keep sailing along: A mistrial was declared today in the potentially landmark Forever 21-Trovata trial after jurors claimed irreconcilable differences, reports WWD. The trial, which avoided earlier unsuccessful copyright arguments by claiming Forever 21 had copied "trade
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News flash: Fashion, out on the town and around the world

Knitting lessons at Barneys? Rock shows at 3.1 Phillip Lim? Believe it – Fashion's Night Out, a special event from no lesser luminaries than New York mayor Michael Bloomberg and freshly-minted TV personality Anna Wintour, is arriving Sept. 10 in New York as well as as-yet-unnamed cities in Britain, France, Italy, Spain, Greece, Japan, China, Taiwan, Russia, Brazil and India. Without any
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News flash: Small is bigger than ever

Pop! Among luxury fashion retailers, Comme des Garçons was a trailblazer in opening pop-up shops, starting with a guerrilla store in Berlin – opened in 2004 under the conditions that the rent had to be under $1,000 a month, and the decor had to come in under $2,000 in all. The unassuming little storefront was such a success that it became a permanent fixture (above) in Berlin, and has since spawn
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J. Crew (New York)

While Abercrombie flounders, another brand with a similarly preppy heritage is working wonders. Under the leadership of spurned Gap CEO Mickey Drexler, J. Crew has completely shed its '90s-era identity as a catalog company hawking affordable, bland button-downs and khakis, to become a retail power player, a staple of Michelle Obama's high-low wardrobe with its colorful, up-to-date, fresh yet
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News flash: Abercrombie losing sales, minds

Quiz: Your dominance of the teenage mall crowd has been crushed by a recession that's sending kids over to your similar, but lower-priced, rivals, while your higher-end line was sagging even during the boom years. Do you: A) hold giant sales? B) start closing stores? C) concentrate on reviving your main line? or D) open a giant flagship on 5th Ave. for your children's line? Well, if you're Abercrombie and Fitch, the once-invincible preppy-wear chain that built its brand on Bruce Weber's homoerotic images of underdressed male models and its ever-present wood-clad, dimly lit, heavily perfu
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News flash: The gold standard is back!

Okay, we all know times are tough, and lots of shoppers simply don't have the cash on hand to spend the way they used to. The solution? Give it to them. Forget coupons – sportswear mini-chain Olive and Bette's is now accepting gold as payment, reports the NY Times, with licensed gold buyers on site at each of its four Manhattan locations to weigh unwanted jewelry and offer money for it on the spo
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News flash: How to make money in fashion retail?

Answer: By getting out of fashion retail! At least that's the shocking new plan at Henri Bendel, the innovative New York department store founded in 1895. The retailer is ditching its entire apparel section, which was known for helping young designers get their start, most recently through their open calls for unknown talent, and carried styles from such rising stars as Matthew Williams
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