The venture firm has acquired a majority stake in the brand as it eyes global expansion, suggesting investors still see opportunity in well-placed fashion plays despite looming economic headwinds.

The deal will help Seoul-based We11done to accelerate growth of its direct-to-consumer business across China, Europe and the US.

A grand Paris store reopens. But when customers return, what will they expect?

What can brands expect from former deputies who rose through the ranks of the industry and have taken the reins from predecessors with bigger personalities and more power?

Publisher Condé Nast continues to cut costs and streamline operations, as its US-based leadership consolidates its power after a global merger.

The former editor-in-chief’s 15-year tenure has mirrored the growth of the world’s largest fashion market and a rapidly changing media landscape.

This season, labels relied on a variety of tactics to activate the world’s largest luxury market.

First and foremost a human tragedy, the long-term effects of the coronavirus look set to extend well beyond Chinese consumption.