Britain’s designers took to the stage at London Fashion Week over the weekend to showcase modern elegance and eclectic design, amid hopes the next generation of online shoppers would help boost sales in coming years.
Amazon has, in recent years, pushed to enter the world of designer fashion, selling clothing, shoes, handbags, and accessories from pricey brands with luxe reputations.
Pinterest Inc. soon will be more than a site for inspiration, with users able to buy certain items through a “buy button” on the site.
Flipkart aims to double the total value of goods it sells to $8 billion this year, two people with knowledge of the plans said, as India’s largest online marketplace seeks to widen the gap with rivals including Amazon.com’s India unit.
Zalando SE surged in Frankfurt trading after Europe’s largest online fashion retailer reported its first annual profit helped by lower sales and marketing costs.
Jet.com Inc. raised $140 million in a new funding round before rolling out its service, building up its cash hoard to take on rival Amazon.com Inc.
Mexican billionaire Carlos Slim’s son, businessman Carlos Slim Domit, participated in a round of financing for Fancy, according to the U.S.-based online store’s blog.
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.