Derek Lam launches crowd-sourced collection on eBay (The Cut)
"Upon the collection's initial unveiling, anyone with Internet access will be able to vote immediately for their favorite looks online to determine what goes into production."
U.S. luxury, dept stores set for Xmas bounce (Reuters)
"Luxury and department stores will be the biggest beneficiary of expected growth in the U.S. retail market this holiday season, according to the head of the National Retail Federation."
Gilt City acquires Bergine.com (Luxury Daily)
"Gilt City has acquired Bergine.com to combine two local leaders of luxury services and experiences. The acquisition is a first for Gilt City’s parent company, Gilt Groupe Inc. It accelerates Gilt City’s West Coast expansion."
LVMH says will continue to buy Hermès shares (Reuters)
"LVMH said... it planned to buy more Hermès shares and disclosed to French regulators that it built up its 17.1 percent stake in Hermes partly through derivatives, called equity swaps."
Moss' final Topshop collaboration (Independent)
"As she prepares to unveil her last [collection] – what has the high-profile partnership done for the fortunes of the model, the mogul – Topshop owner Sir Philip Green – and the crowds who have bought into Brand Moss?"