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 early next year, saying that economic gloom will continue to discourage shoppers from splashing out on designer dresses and leather handbags."
Co-Creation: The Real Social-Media Revolution (Harvard Business Review)
"We're in a social business bubble. CIOs are buying social software by the pound, hoping internal managers will figure out how to use it. Interactive marketing departments are frantically accumulating fans and followers on Facebook and Twitter, praying the CEO will not ask too many questions about value produced."
Ferragamo: the enduring legacy of the Italian shoe dynasty (Guardian)
"Ferragamo, inventor of the wedge, is the brand worn by women from Marilyn Monroe to Margaret Thatcher, and the only label ever to hold a fashion show in the Louvre. It might not be as infamous as other Italian surnames in fashion but expect to hear more of it this week."
Debut issue of CR Fashion Book sells out (Telegraph)
"The debut issue of Carine Roitfeld's magazine CR Fashion Book has sold out according to its publishers, Fashion Media Group LLC. The 50,000 copies printed initially for the mid-September launch have been snapped up at £14 a pop, so 15,000 more will be printed in time for Christmas."