Richemont’s Net-A-Porter May Fetch $3.4 Billion, Vontobel Says

Claudia Schiffer shot by Nico for The Edit | Source: Net-a-porter

JOHANNESBURG, South Africa — Cie. Financiere Richemont SA’s online fashion retailer Net-a-Porter may be worth as much as 2.5 billion euros ($3.4 billion) based on a comparison with the possible value of German rival Zalando AG, according to Bank Vontobel AG.

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Alibaba Posts Profit on E-Commerce Demand Ahead of Potential IPO

Alibaba Headquarters | Source: Reuters

Jan. 28 (Bloomberg) -- Alibaba Group Holding Ltd., China’s online marketplace for products from Louis Vuitton bags to Boston lobsters, swung to a quarterly profit ahead of a potential initial public offering.

Net income attributable to ordinary shareholders was $792 million in the three months ended September, up from a loss of $246 million a year earlier, according to a presentation from Yahoo! Inc., which owns a

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Behind Intel’s New Fashion Collaborations

L: Carol Lim and Humberto Leon, co-founders of Opening Ceremony; R: Brian Krzanich, chief executive of Intel | Source: Courtesy

With the worlds of fashion and technology set to become increasingly intertwined, Intel has announced a series of collaborations with Opening Ceremony, Barneys New York and the CFDA, aimed at fostering the development of stylish wearables.

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