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Must Read: Amazon Turned Down a J.Crew Acquisition, Coco Rocha Talks Model Mentorships

Plus, this "Stranger Things" hoodie is fashion's newest "It" item.

These are the stories making headlines in fashion on Friday

Mickey Drexler approached Amazon about a J.Crew acquisition
It's holiday season, so we're betting Amazon CEO Jeff Bezos is in the mood for a shopping spree. What will he pick up next? Well, former J.Crew CEO Mickey Drexler was hoping the struggling retailer would catch his eye, but it seems J.Crew hasn't made the cut. In an interview with Andrew Ross Sorkin at The New York Times' DealBook conference on Thursday, Drexler revealed that he had approached Amazon about the acquisition, but it has yet to be added to Bezos' cart. {Recode}

Coco Rocha talks mentoring models through her agency
Coco Rocha bought a majority stake in the Miami-based modeling agency Nomad last year, and has since taken on the role of brand director and mentor to rising models. Joining the agency has enabled Rocha to tackle some of the many issues models face — many of which have been brought to light in recent campaigns by models like Cameron Russell and in long-awaited bans on industry predators like Terry Richardson. "When I started modeling, I didn't feel like I had a big sister to tell me how this industry works," said Rocha in a new interview with Business of Fashion. {Business of Fashion}

This museum's knock-off of Dustin's "Stranger Things" hoodie is fashion's newest "It" item
Supreme should watch its back, because a "Stranger Things" hoodie is poised to be fashion's newest "It" item. After a science museum in Minnesota put a knock-off of Dustin's notorious brontosaurus hoodie up for sale, more than 80,000 fans rushed to purchase, causing the site to crash. Clearly, this museum is better attuned to consumer wants than many failing retailers; according to Highsnobiety, this museum is expecting to see sales of up to $3 million. {Highsnobiety}

Gosha Rubchinskiy can be found at Urban Outfitters
You can find many delights at your local Urban Outfitters, including Hello Kitty goods, retro cut-offs and Calvin Klein briefs. But now, the retailer is offering up tees from a collaboration between Russian streetwear designer Gosha Rubchinskiy and the Russian pop group Mummy Troll. Rubchinskiy's apparel typically sells at more luxe retailers for upwards of $200, but Urban Outfitters is bringing it more mainstream with T-shirts priced at $40. {Highsnobiety

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Missguided stopped Photoshopping its models 
Missguided, the UK-based retailer that sells luxe satin sleep sets that double as going-out uniforms, upped its cool with the decision to stop retouching its models' photos. Fans on Twitter were the first to catch on to the site's new anti-Photoshopping agenda, having found and re-Tweeted images pulled from the site of models boldly showing off pieces of lingerie and their perfectly imperfect bodies — stretch marks and all. {Hypebae}

Chanel opens a gentlewomen's club at The Wing 
Chanel invites you to The Wing's new Soho location on Sunday, Nov. 12 to experience a Coco Chanel-themed Gentlewomen's club complete with a makeup station, café and photo booth. The pop-up space is celebrating the launch of Chanel's new BOY∙FRIEND watch and is made to feel like an underground oasis for the modern, tweed-wearing woman. {Fashionista inbox}  

Reformation opens a tech-enabled store on Bond Street 
Reformation is opening its first-ever tech-enabled store on Bond Street in New York City. The retail feature allows shoppers to customize the lighting in their fitting rooms — guaranteed to increase likes on dressing room selfies —  touch screens to seamlessly send clothes directly to your fitting room without having to lug around 15 vintage-inspired frocks and, of course, digital fitting room attendees to order additional styles and sizes. {Fashionista inbox} 

Former editor-in-chief of British Vogue addresses accusations of racism made against her
In an interview with The Guardian, British Vogue's former editor-in-chief, Alexandra Shulman attempts to address some of the accusations made against her by others within the fashion industry — including Naomi Campbell — who believed her pages and her staff to be drastically lacking in diversity; in her 25 years, she only put 12 black faces on the cover. Her response to this minuscule number? "Vogue always sold on the newsstand, and people have to recognize the person who you're putting on the cover. I was judged by my sales. That was my remit. My chief remit was not to show ethnic diversity as a policy." {The Guardian}

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