Calvin Klein – hip?? Abandons runway in favor of more youthful arena–the hit social media app TikTok; UES townhouse of late designer Oleg Cassini hitting market for $50 million; Millennials buying into DSW’s nail bar concept; Abercrombie & Fitch closing more stores; Charlotte Russe – liquidating; Martha Stewart’s new shoe collection w/Aerosoles — surprisingly…chic?; Glossier, the most-hyped makeup company on the planet, explained.

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