These are the stories making headlines in fashion on Thursday.Neiman Marcus to Close Dallas FlagshipNeiman Marcus is closing its downtown Dallas flagship store on Sept. 30, Saks Global confirmed Tuesday. The Dallas flagship first opened in 1907. Neiman Marcus plans to focus resources on its second Dallas NorthPark store. Since filing for bankruptcy in January, Saks Global closed 18 Saks Fifth Avenue stores and three Neiman Marcus stores. {Business of Fashion/paywalled}OTB Acquires All of Viktor&RolfOTB has acquired 100% of Viktor&Rolf after first acquiring a 51% majority stake in the label in 2008. OTB further increased its stake to 70% in 2019. This move follows the agreement signed last year, which reconfirmed Viktor Horsting and Rolf Snoeren as creative directors of the brand for another five years. {OTB}British Fashion Council Names Recipients of BFC Fashion Trust 2026The British Fashion Council (BFC) announced the recipients of the BFC Fashion Trust 2026: Clio Peppiatt, Conner Ives, Nicholas Daley, Paolo Carzana, Patrick McDowell and Tolu Coker. The winning recipients receive a grant through the BFC Foundation and access to mentorship. Peppiatt and Daley were also recipients of the 2025 edition. {Fashionista inbox}Fashion Trust U.S. Opens 2027 ApplicationsApplications for the Fashion Trust U.S. Awards 2027 are now open. U.S.-based designers who have been in business for two to seven years, as well as recent graduates from accredited design programs who completed their studies in 2024, 2025 or 2026, are welcome to apply. Submissions will be accepted through the Fashion Trust U.S. portal until December 2026.…
