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LVMH to Launch E-Commerce, Amazon Resumes Souq.com Talks

This week, LVMH is reported to be positioning itself as a competitor to Net-a-Porter, while sources say negotiations for Amazon's $650 million acquisition of Souq.com have restarted, and more...

Le Bon Marché | Source: Flickr

By

Helena Pike

14 March 2017

"Report: LVMH to Launch Multi-Brand E-Commerce Site" (The Business of Fashion)
"The luxury conglomerate will position itself as a competitor to Net-a-Porter with its most ambitious e-commerce project since hiring Ian Rogers in 2015."

"Condé Nast to Package Digital Ad Inventory With Others" (Reuters)
"The move is part of a wider trend that has forced media companies that previously competed for ad dollars to work together to offer advertisers larger scale than each would be able to their own."

"Report: Amazon Resumes $650 Million Takeover Talks for Souq.com" (Bloomberg)
"Amazon resumed negotiations with the online retailer in recent weeks after they stalled in January when the two companies couldn't agree on a price."

"How Luxury Fashion Brands in China Use WeChat in 2017" (Jing Daily)
"Today, two-thirds of the luxury fashion brands active on WeChat now operate a service account, a step up from subscription accounts, which are primarily used by news and media entities."

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