Luwana David
West Hollywood, California, United States
1K followers
500+ connections
About
Strategic Apparel Management Executive with extensive in depth expertise in product…
Experience
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Education
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Fashion Institute of Design and Merchandising
Activities and Societies: Cum Laude, National Dean's List, Honor Society
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WWD
Key functions of the Saks.com, the Saks Fifth Avenue stores known as SFA, and Saks Off 5th companies are being merged under the Saks Global umbrella. The strategy represents an effort to create efficiencies and will lead to what sources said were about 100 layoffs, or 1 percent of the staff, including the elimination of certain positions. Legal, technology, operations, people, communications and finance teams from the three companies will be consolidated under the Saks Global corporate umbrella. Read more here: https://lnkd.in/eFCWHy4e
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WWD
As Stitch Fix continues to try mending itself, the online fashion company’s fiscal fourth-quarter earnings update looked mixed at best with some areas beating expectations and others setting off investors’ nerves. On Tuesday, the San Francisco-based online styling service reported revenue of $319.6 million over the three months ending on Aug. 3. Net loss clocked in at 29 cents per share, or $35.7 million, though that shifted to 12 cents when accounting for restructuring costs and discontinued operations. (In the first quarter, when Stitch Fix shuttered its U.K. business, it had to conform to certain accounting and reporting requirements.) Gross margin jumped 50 basis points year-over-year, landing at 44.6 percent. Continue reading about Stitch Fix on WWD: https://lnkd.in/eQjpMUj9
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Unmarked Street
Do you ever notice stripes on your clothes that seem a little off? They might be slightly askew or look mismatched at the seams. This common issue boils down to how the fabric is cut during garment production. In this week's episode of "The Cutting Edge: Leadership in Apparel Development," I am talking all about the nuances required to get this tricky detail just right. Check out the full video, with my top tips for fixing this issue on YouTube: https://lnkd.in/gf6Xv7-B #apparel #productline #apparelmanufacturing #apparelindustry #garmentfitting #garments #fashionindustry #unmarkedstreet #thecuttingedge #womanpreneur
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