Engaging millennials, J.Crew settlement crumbles, I.T. to buy Bape, Kane wins BFC/Vogue prize, Bill Cunningham

http://www.youtube.com/watch?v=BmogH4tp0Vw

Engaging The Millennial: Augmented Reality And The Wired Generation (Luxist)
“Millennials have grown up linked by BlackBerries, Androids, IPhones, computers, IPods, and video games. This is the generation of Wii, Facebook, Twitter, free downloads, access to just about everything. How do luxury brands engage these mindsets?”

J. Crew $10 Million Settlement of TPG Buyout Suit Falls Apart (Bloomberg)
“J. Crew’s $10 million settlement of an investor lawsuit over the proposed takeover by private-equity firms TPG Capital and Leonard Green & Partners LP fell apart, a lawyer for the shareholders said.”

A Bathing Ape Takes a Final Bath (Néojaponisme)
“So if Nigo’s 18-year old pet ape is being primarily consumed by the Chinese in its old age, it only makes sense that a Hong Kong based company — I.T Ltd. — would buy out the whole thing (including the debt). The depressing detail was the 90% equity purchase only cost the acquirers $2.8 million.”

Christopher Kane: Fashion Fund Winner (Vogue.com)
Christopher Kane has won the 2011 BFC/Vogue Designer Fashion Fund. The Scottish designer beat off stiff competition… for the prize, which comprises a cash payout of £200,000 as well as business mentoring from some of the fashion industry’s biggest hitters.”

Meet Bill Cunningham, the original street style photographer (Telegraph)
“Decades before The Sartorialist and Tommy Ton, Bill Cunningham was photographing street fashions. Now an incredible new documentary ‘Bill Cunningham New York’ tells his life story.”