All Saints smashes targets, Weaker euro bolsters luxury, Prada IPO talks, Euroluxe in USA, HauteLook’s $31m

| Daily Digest

All Saints Summer 2010 | Source: All Saints

All Saints smashes sales targets after low-key New York launch (Retail Week) “All Saints has put British fashion firmly on the global map after it racked up sales of nearly $1m (£680,000) in its first week of trading on New York’s Broadway. ” Weak euro helps European luxury through crisis (Reuters) “Italian jeweler Bulgari (BULG.MI), fashion house Valentino and French handbag maker Longchamp are among those who

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Fashionable investing, All Saints looks overseas, Juicy facelift, Social media intent, Fashion’s bigger night out

| Daily Digest

Tommy Hilfiger Spring/Summer 2010 | Source: Tommy Hilfiger

Can Private Equity and Fashion Look Good Together? (Bloomberg) “Private equity and fashion are a bad combo, kind of like pairing a Dior dress with Ugg boots. That at least was the established wisdom until March, when Apax Partners sold Tommy Hilfiger for $3 billion, quintupling its investment in the American clothier in just four years.” All Saints secures extra funding on strong results (Retail Week) “Fashion

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