Asos overseas sales overtake UK sales for first time (BBC)
"Online fashion retailer Asos has said that overseas sales have overtaken those in the UK for the first time. In the three months to the end of March, international sales rose 161% to £48.4m compared with a year ago... Asos has reported strong results in recent years and is bucking the current downbeat retail trend in the UK."
J.Crew to launch UK online business (FT)
"J.Crew, the 'preppy' US retailer bought out in a $3bn private equity deal last year, is planning to launch an online business in the UK’s high-end fashion market... [Mickey Drexler] said the group would use its online business to spearhead its overseas expansion ahead of opening more bricks-and-mortar stores."
The relaunch of Made in France (Fashion United)
"Local manufacturing is rediscovering its mark of prestige with customers placing orders who today can see the advantages and flexibility that they can obtain with Made in France and the added value in terms of image and even ethics with French customers."
Italy fashion group Ferragamo planning IPO (Reuters)
"Italian luxury goods group Salvatore Ferragamo is planning an initial public offering by July or by the end of 2011... [the] leather goods company would join other Italian fashion brands such as Prada and Moncler that are turning to equity markets this year to fund expansion."
The Three Graces of Hearst (WWD)
"Later this summer, once the deal is closed and Elle is fully absorbed into the Hearst family, editor in chief Robbie Myers will join Harper's Bazaar editor in chief Glenda Bailey and Marie Claire's Joanna Coles under the same roof, creating a fashion magazine troika."