Kering reported second-quarter revenue exceeding analysts’ estimates as surging demand for Saint Laurent helped compensate for falling sales of Gucci.
As consumption slows and global pricing differences become more transparent, strategies that price luxury goods significantly higher in China are unsustainable.
Amazon.com Inc. on Wednesday said it will invest a further $2 billion in India just a day after the country’s largest e-tailer Flipkart attracted $1 billion of fresh funds, raising the stakes in a nascent but fast-growing e-commerce sector.
Flipkart.com, India’s biggest online retailer, raised $1 billion as investors, including Tiger Global Management LLC and South Africa’s Naspers Ltd., increased their stakes.
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
With Egypt now stabilising, can this titan of the Middle East reclaim its style credentials and become a lucrative fashion market once again?
Online flash sale site Rue La La, which counts eBay as an investor, is exploring a sale that could value the company at around $400 million, people familiar with the matter said on Monday.
Richard Christiansen, founder and co-creative director of advertising agency Chandelier Creative, says sometimes the smartest guys in the room need someone to challenge them.
In brick-and-mortar stores, consumers can quickly check where garments are made before making a purchase, simply by looking at the label. Why don’t fashion e-tailers provide the same information?
Online retailer Jumia, a would-be African Amazon set up by German venture capital firm Rocket Internet, is expanding into three new markets: Uganda, Ghana and Cameroon.