A New York-based startup aims to drive sales by integrating user-generated photos posted to Instagram, Twitter and Facebook directly into e-commerce sites.
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.
Market sentiment has turned back in favour of the luxury sector, driven by solid second quarter results, reports Pierre Mallevays of Savigny Partners.
NEW YORK, United States — Coach Inc., the largest U.S. luxury handbag maker, said fiscal fourth-quarter profit fell 12 percent as discounts and weak handbag sales hurt revenue in North America.
NEW YORK, United States — Coach Inc. will reduce its departing chief creative director Reed Krakoff’s annual bonus by $3 million if a binding agreement for the sale of his label isn’t reached by July 29.