Topshop to sell stake, Bracing for 2013, Co-Creation potential, Ferragamo’s legacy, CR sells out

| Daily Digest

Topshop Oxford Street store | Source: EKM Power Shop

Green nears Topshop stake sale (FT) “Sir Philip Green, the retail entrepreneur, is close to selling a 25 per cent stake in Topshop and Topman to a US private equity investor, in a move that could value the two jewels in the crown of his Arcadia retail empire at about £1bn.” European luxury goods makers braced for tough new year (Reuters) “European luxury goods makers knocked back predictions of a boost to sales

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King of casual, Eastern European labels, Holt’s fashion man, Carine on CR, Designer beats

| Daily Digest

Mickey Drexler | Source: Social Barrel

Mickey Drexler: King of Casual Chic (WSJ) “With a sobriquet like “Merchant Prince,” you might expect J.Crew Chief Executive and Chairman Millard (Mickey) Drexler to have a biography that extends to at least four pages. Instead, it is precisely four short paragraphs.” East European fashion labels aim for the world stage (Reuters) “Around emerging Europe, where garment assembly for Western brands has

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Facebook buys Instagram, Roitfeld’s biannual, Tumi IPO, Youtube fashion, Phillip Lim expands

| Daily Digest

A mock-up fashion spread in CR by Sebastian Faena | Source: Style.com

Facebook buys Instagram: inflating the new tech bubble? (Telegraph) “Instagram has a significant user base in its own right, of around 30 million registered smartphone owners who have been promised the favourite photo app will retain its own identitiy. But with no particularly unique technology, the cash and stock Mark Zuckerberg will lay down for the firm is eye-popping.” Carine Roitfeld’s Initial Foray (WWD)

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