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Must Read: Men's Interest in Streetwear Is Cooling Off, Modeling Apps Could Threaten the Future of Agencies

Plus, Roberto Cavalli’s court filing reveals restructuring plans.

A look from the Louis Vuitton Men’s Fall 2017 collection. Photo: Imaxtree

These are the stories making headlines in fashion on Friday.

Men’s interest in streetwear is cooling off 
Arun Gupta, the founder of Grailed, says our culture is moving beyond streetwear. “The men’s clothing movement, it being acceptable for men to care more about the clothes they wear, has been building for the past 10 years,” Gupta says in an interview with WWD. “But streetwear is the last phase of it.” The inventory on Grailed reflects this shift, as it’s evenly split between streetwear and fashion, which Gupta says is a sign that streetwear is cooling off. {WWD

Modeling apps could threaten the future of agencies 
There’s a new wave apps that allow models to connect directly to clients without the pressure or involvement of an agency. These digital businesses have sprung up to create a solution for some of the bad practices found in the modeling business, such as getting paid months — and sometimes years — late or being remunerated a small percentage of the quoted job rate. By remaining transparent and charging less for their services, some insiders say the apps could disrupt the industry. {Business of Fashion

Roberto Cavalli’s court filing reveals restructuring plans
In papers filed to the Court of Milan earlier this week, Roberto Cavalli revealed a number of measures that it’s taking to overcome financial troubles. These measures involve cutting back on its marketing budget, which will save the Florence-based company 700,000 euros, and choosing a new creative director internally. The company also plans to close nonperforming stores and to reduce investments in new openings. {WWD 

Lululemon to launch self-care line 
Lululemon is broadening its efforts to become a lifestyle brand by introducing a line of self-care products. The range will be available later this spring and includes deodorant, dry shampoo, basic balm and face moisturizer. {RetailDive

Jessica Pels uses data and Instagram to keep Cosmopolitan on newsstands
Jessica Pels was named editor-in-chief of Cosmopolitan last fall, bringing with her a wealth of digital media experience. The New York Times caught up with the 32-year-old editor to see how she’s using data to keep the Hearst title on newsstands. Pels also shares how she’s using Instagram to inspire cover shoots. {The New York Times

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Source: Fashionista.com

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