Valentino x Gap is proving that FW10 is perhaps the most exciting season of designer collaborations fashion has seen so far.” (Blackbook)
Private-equity firms TPG Capital and Leonard Green & Partners are in talks to buy J. Crew, in a deal worth about $3 billion. (WSJ)
“The Great Depression replaced a spendthrift culture with a generation of frugal savers. The recent recession, too, has left in its wake a deeply changed shopper: the just-in-time consumer.” (WSJ)
“HauteLook, which sells luxury clothing for women, men and children, as well as upscale travel packages and home furnishings announced it would be bringing its online sample sales to Facebook.” (New York Times)
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