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

| Daily Digest

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

| Daily Digest

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

| Daily Digest

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

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

| Daily Digest

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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