These are the stories making headlines in fashion on Thursday.
Public Clothing Co. Acquires Mansur Gavriel
Derek Lam-parent Public Clothing Co. has fully acquired the accessories brand Mansur Gavriel. The financial terms have not been revealed. Dan Shamdasani, founder and chief executive officer of Public Clothing Co., told WWD that he was drawn to Mansur Gavriel’s strong brand identity, loyal customer following and its direct-to-consumer business strategy. Rachel Mansur and Floriana Gavriel, Mansur Gavriel’s co-founders and creative directors, are still discussing whether they will remain at the brand. { WWD /paywalled}
Why Brands Are Pulling From the Archives For Design Inspiration
Brands like Banana Republic, Express and Vera Bradley have dug into their archives for design inspiration for new collections. The approach is to cater to younger shoppers (especially Gen Z), who are drawn to “nostalgic” aesthetics and want pieces they can’t find at other mass-market brands.…