Welcome back to Weekly Update, a weekly blogpost every Sunday with streetwear and fashion news, upcoming releases as well as a list of sales / offers. At the end of each Weekly update I will highlight an outfit of the week from one of you guys! Let me know your thoughts on this series by sending me a message on Instagram or Email.
Latest News
Neiman Marcus Files For Bankruptcy
Source: Neiman Marcus
Neiman Marcus, an American Chain of luxury department stories has filed for Chapter 11 Bankruptcy. This will eliminate $4 Billion of roughly $5.1 billion in debt and will allow creditors to become majority owners. Despite filing for bankruptcy, there are currently no mass store closures planned. Hudson’s Bay Company, the owner of Saks Fifth Avenue, could be interested in merging or buying Neiman Marcus. Saks has tried to merge with its rival several times during the past decade but failed each time. LVMH has also been mentioned as a possible buyer of Neiman’s subsidiary Bergdorf Goodman.
Fashion Weeks Goes Digital
Source: Bertrand Guay / AFP
The Fédération de la Haute Couture et de la Mode has announced its plan for the menswear spring 2021 season. The
Paris Fashion Week men’s will come in a video-only format from July 9 to 13. This digital iteration of the Paris Fashion week will joins the calendar alongside video-only shows from London Fashion Week (June 12 to 14) and Milan Fashion Week (July 14 to 17).
6ix9ine Releases New Track
Tekashi 6ix9ine has dropped his first record after serving 16 months in prison on charges of racketeering, carrying a firearm and assault with a dangerous weapon. His sentence was reduced for cooperating (snitching lol) against former associates in the Nine Trey Gangsta Bloods gang. His early prison release was also due to the outbreak of the coronavirus and his underlying condition (asthma).
Upcoming Releases
Please note that due to the ongoing situation caused by COVID-19, releases may be postponed or rescheduled.
Nike Air Jordan 1 'Game Royal'
Release: May 9th
Another Jordan 1 banger just dropped! The Air Jordan 1 OG High "Game Royal" released on May 9th at Nike and selected retailers.
Converse x CDG
Release: May 15th
Updated design! The updated iterations of the Converse CDG chucks will be released globally on May 15th.
Nike Air Max 90 SP 'Duck Camo'
Release: May 15th
A new iteration of the Nike Air Max 90 is set to release soon! This time around the sought-after shoes will be released in a 'Ghost Green' colorway.
Nike Air Jordan 4 'Metallic Pack'
Release: May 20th
The Nike Air Jordan4 'Metallic Pack' is inspired by the Jordan1 Metallic pack from 1985. Nike confirmed that there will be regional drops of the different colorways. The Metallic Red colorway is set to drop in Europe, whereas the Metallic Orange iteration already dropped in Asia. Stay tuned for more information!
Sales & Offers
Foot Locker: Buy two items and get 50 % off selected clothes CODE: SUMMER50
CODE: SUMMER50
Levi's: Up to 50% off everyday styles
Weekday: up to 50% off selected items
Luisaviaroma: 25% off on Spring Summer Selection
CODE: JOY25
Breuninger: Sale up to 30% off selected items
Offspring: 20% off full priced items
CODE: TAKE20
Outfit of the Week
If you want to be featured, use the hashtag #jaadieeootw on Instagram :)
Sources:
https://www.dailybeatny.com/2020/05/08/neiman-marcus-bankruptcy-3/
https://www.handelsblatt.com/unternehmen/handel-konsumgueter/us-einzelhandel-luxus-kaufhauskette-neiman-marcus-beantragt-glaeubigerschutz/25811978.html?ticket=ST-4878261-JoklP4LJC2QxWv3sVX2W-ap1
https://fashionunited.de/nachrichten/mode/mailaender-und-pariser-modewochen-finden-digital-statt/2020050735569
https://www.xxlmag.com/rap-music/new-music/2020/05/6ix9ine-gooba-new-song/