J.Crew’s $3b buyout, Haves and have-nots, Lagerfeld for Macy’s, Guess beats expectations, Miyake’s magic

J.Crew agrees to $3bn takeover (FT) “J.Crew, the US retailer with a preppy style, has agreed to be acquired by TPG Capital and Leonard Green & Partners in a $3bn deal… The two funds have agreed to pay $43.50 per share in cash for J Crew.” Divergent paths for US consumers as holidays near (AFP) “Americans appear to be shaking off the gloom heading into the holiday season with recession no longer hanging

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BoF Daily Digest |Inditex earnings climb 17%, Guess Q4 profit leaps, Lagerfeld for Hogan, Retail Lessons, All you need is luxe

Mandarina Duck | Source Mandarina Duck

Inditex profit climbs 17 percent as sales jump at start of fiscal year (Market Watch) “Inditex posted a 17% rise in fourth-quarter profit on a 13% rise in revenue as the Spanish retailer saw strong growth in international markets and opened its fiscal year with rapid sales growth.” Guess Q4 Profit Jumps 81per cent (RTT News) “International fashion house Guess? Inc. said Wednesday its profit for the fourth quarter

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Guess’ European push, Shoes on the rise, India in refocus, Debenhams acquires Magasin, Brioni and the RCA

Guess? Autumn/Winter 09 | Source: Guess?

Guess Sets Its Sights on Europe (Business Week) “The iconic maker of fashion jeans and other apparel is expanding fast in Europe with a new retail push and tighter control of its brand.” A Not-So-Guilty Pleasure (NY Times) “For months now, consumers have been hunkering down in an economic storm, buying only what they need to survive, like groceries, diapers, medicine — and shoes.” Luxury brands are back to

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