Asos overseas explosive growth, J.Crew online in UK, Made in France, Ferragamo planning IPO, A Hearst trio

Christian Louboutin's World | Source: Christian Louboutin

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

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Engaging millennials, J.Crew settlement crumbles, I.T. to buy Bape, Kane wins BFC/Vogue prize, Bill Cunningham

http://www.youtube.com/watch?v=BmogH4tp0Vw

http://www.youtube.com/watch?v=BmogH4tp0Vw Engaging The Millennial: Augmented Reality And The Wired Generation (Luxist) “Millennials have grown up linked by BlackBerries, Androids, IPhones, computers, IPods, and video games. This is the generation of Wii, Facebook, Twitter, free downloads, access to just about everything. How do luxury brands engage these mindsets?” J. Crew $10 Million Settlement of TPG Buyout Suit

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Uniqlo loses its way, Drexler’s secret talks, Jimmy Choo for the boys, Vuitton copycats, Pierre Hardy’s NYC

J.Crew Autumn/Winter 2010 | Source: J.Crew

‘Superficial’ Fashion Leads Uniqlo Billionaire Astray (Bloomberg) “Tadashi Yanai, Japan’s richest man, used advice from management guru Peter Drucker to build his Uniqlo clothing empire. To pull out of a slump that’s hammered profits and shares, the billionaire is revisiting the lessons.” J. Crew Board Didn’t Have Many Details Ahead of Bid (WSJ) “J. Crew’s chief executive Millard

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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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HauteLook on Facebook, J.Crew nears takeover, Monsoon ethics scandal, Garment district fray, Just-in-time shoppers

HauteLook Facebook | Source: HauteLook

HauteLook Brings Flash Sales to Facebook (NY Times) “Flash-sale Web sites that try to recreate the rush of a designer sample sale have largely relied on alerting their members to upcoming deals via e-mail notifications… but [HauteLook] announced it would be bringing its online sample sales to Facebook.” J. Crew near $2.8 billion takeover deal (Reuters) “U.S. fashion retailer J. Crew Group Inc is close to an

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J.Crew’s leading man, Logo-less luxe, Hermès goes street, Nordstrom matches view, Diane Pernet’s world

J.Crew Takes a Leading Role in Men's Fashion (Bloomberg) "The men's fashion landscape has long been dominated on one side by luxury brands... [or alternatives] that no longer seem au courant.  J.Crew has emerged in this void as the merchant of a new style that bridges work and leisure, youth and age, vintage and contemporary, gay and straight." Will Chinese Shoppers Embrace Luxury Goods–Sans Logo? (Forbes) "Although luxury shoppers in established, recession-stung markets may gradually be lured back into stores by understated items...will this trend appeal to potential buyers in emerging — and lucrative — markets like China, where garish still equals good?" Hermès launches street style website (MyFashionLife) "Dedicated solely to its signature square scarves, the new website, called…

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Richemont disappoints, UK retail plunges, J Crew beats Street, Zara’s Indian move, DIY design blogs

Chloè Spring-Summer 2010 | Source: Chloè

Richemont downbeat over sector prospects (FT) “Richemont’s restraint, along with lower than expected net profits, disappointed some analysts. Sales fell by 4 per cent to €5.18bn ($6.4bn), while net profits from continuing operations dropped 18 per cent to €603m. The closely watched margin fell to 16 per cent from 17.9 per cent.” Falling retail sales dampen recovery hopes (Times) “Retail sales plunged to a

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Mulberry blooms, Mickey Drexler’s jewel, Bored with frugality, LVMH cautious, Valuing Facebook fans

Mulberry Spring/Summer 2010 featuring the Alexa bag | Source: Mulberry

How Mulberry bagged success in the battle for affordable luxury (Guardian) “Many women spending nearly £1,000 on a handbag may salve their conscience by telling themselves it is an investment. But is it? ‘I am rather keen on the idea,’ chuckles Godfrey Davis, the chief executive of the fast-growing luxury brand Mulberry.” Mickey Drexler Has Yet Another Reason to Be Giving High Fives (Vanity Fair) “The

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Levi’s hipsters, PRL shares soar, JCrew’s Jenna Lyons, McQueen’s genius, Prabal Gurang pays his dues

House of Holland for Levi's Spring/Summer 2010 | Source: Levi's

Levi’s Shoots for the High-End Hipster (WSJ) “The 157-year-old company is trying to reinvent itself as not just a purveyor of basics but as an edgier brand suitable for the fashion cognoscenti.” Polo Ralph Lauren: The Winning Streak Continues (Smart Trend) “Shares of Polo Ralph Lauren traded near a new 52-week high yesterday, touching a price of $90.89. Approximately 758,000 shares traded hands yesterday vs.

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J.Crew on Net-A-Porter, Nordstrom’s sees results, British creativity, Liberty’s call, Chistopher Kane in bloom

J. Crew Spring/Summer 2010 Preview | Source: J. Crew

J. Crew Is Going Global on Net-A-Porter (Stylelist) “Now, the classic American outfitter, currently available only in North America and Japan, has entered into an agreement with Net-A-Porter to be sold globally starting in May.” Nordstrom’s Profit More Than Doubles (WSJ) “Upscale department-store chain Nordstrom Inc. reported a 152 percent increase in profits during the quarter ended Jan. 30, underscoring

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J.Crew’s profit jumps, Flattering Kors, Baugur founder seeks cash, MaxMara’s moment, Naeem Khan for Obama

J. Crew Holiday Gift Guide | Source J. Crew

J. Crew more than doubles profit in 3Q (AP) “J. Crew Group Inc., seller of clothes, shoes and accessories, said Tuesday its profit more than doubled in the third quarter as sales rose by a double-digit percentage. The results sent its stock surging in after-hours trading after the retailer beat Wall Street consensus estimates for profit and revenue.” Michael Kors: The fashion designer who fits and flatters (Independent)

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Richemont appoints Wikstrom, Burberry expands in the Americas, J. Crew drops, Della Valle and Saks

Jude Law for Dunhill 09, courtesy of Dunhill

Richemont Creates Post To Turn Around Ailing Brands (WSJ) “The world’s second-largest luxury company by sales named Martha Wikstrom, 52, head of a portfolio comprising most of Richemont’s less-prominent brands, including Alfred Dunhill and Lancel, which market so-called soft luxury goods such as leather and fashion.” Burberry eyes expansion in U.S. (Guardian) “While other retailers apply the brakes on

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J. Crew expands, February brightens, Simon Fuller launches style site, YSL’s shoulder, John Lewis profits fall

J.Crew A/W 09, courtesy of J Crew

Despite Fourth-Quarter Loss, J. Crew Sees Room to Grow (WWD) “Tightfisted consumers and rising costs may have pushed J. Crew Group Inc. to a $13.5 million loss in the fourth quarter, but the retailer still has cautious expansion.” (Subscription required) Has spring sprung for US retailers? (Just-Style) Though February sales have improved, this is an unlikely sign of a total recovery. Simon Fuller to launch fashion

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