Savvy sisters, Menswear e-tailers, Gucci’s tough trading, Pitti picks, Miyake’s experiments

| Daily Digest

Ashley and Mary-Kate Olsen by Amy Troost | Source: WSJ Magazine

Sisters of the Divine (WSJ Magazine) “Watching Mary-Kate and Ashley Olsen pose for a photo shoot is like watching a hypnotic piece of performance art. Former child stars, extraordinarily savvy brand nurturers, founders and owners of an estimated $1.5 billion business empire and, now, designers of the critically acclaimed high-end fashion line The Row, the Olsens have spent the great majority of their 26 years either in front

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Coach profits soar, Puma slows, Issey Miyake’s design award, Savile Row defenses, SEH Kelly

| Daily Digest

Elle’s Facebook page | Source: WWD

Why Coach Continues to Bag Soaring Profits (Forbes) “The wins just keep on coming for Coach. The New York-based leather goods and accessories brand just reported a 21 percent bump in profits as sales for its fiscal third quarter rose 16.6 percent to $1.11 billion.” Puma says hit by slowdown in Europe in Q1 (Reuters) “German sporting goods company Puma said wariness among European consumers hurt its first

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

| Daily Digest

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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