Today, BoF can exclusively reveal that ASAP54, a startup with a fashion search and discovery app, has raised a total of $3 million from e.ventures, Ceyuan Ventures, Novel TMT and others.
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.
HONG KONG, China — Alibaba Group Holding Ltd.’s estimated valuation rose to an average of $153 billion after the Chinese e-commerce company, said to be headed for an initial public offering this year, reported surging sales.
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
Bits & Bytes is a monthly showcase of noteworthy digital innovations in the retail space, courtesy of research consultancy GDR Creative Intelligence.
CHICAGO, United States — As it looks to expand beyond the email daily deals business, Groupon has purchased online "flash-sale" retailer ideeli for $43 million in cash.
ZURICH, Switzerland — The emergence of smartwatches, gadgets allowing the wearer to check text messages or capture video, is an opportunity rather than a threat for traditional watchmakers, the head of Swatch Group told Reuters on Friday.
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.