High-top sneakers by Raf Simons

Designer Raf Simons Forges Ahead (WWD)
Raf Simons reveals plans for his eponymous label as well as a number of other design based ventures. (Subscription required)

Clothing prices fall 4.9% in March (Drapers)
“Prices fell 4.9% in the clothing and footwear sector during March, according to the British Retail Consortium Nielsen Shop Price Index.”

Esprit in free fall after CEO replaced (Forbes)
“Esprit sank more than 7 percent on Wednesday after the world’s No.6 fashion brand announced it was replacing its long-time chief executive.”

Lower Rent Costs May Boost N.Y. Retail (WWD)
“As store vacancies rise and rents fall in Manhattan, some eager retailers appear ready to pounce on the spoils.” (Subscription required)

Parlux Signs Deal With Jay-Z’s Iconic Fragrances (WSJ)
“Parlux Fragrances Inc. signed an agreement with licensing company Iconic Fragrances LLC, in which rap icon Shawn “Jay-Z” Carter is principal, that will bring to market perfume labels for singers Rihanna and Kanye West.”