Chantal Fernandez
The News in Brief

The US-based e-commerce platform, which also counts stores in Dubai and Hong Kong among other locations, announced a funding round led by The Radcliff Companies and The Spruce House Partnership.

Shares were down 24 percent in after-hours trading, after the luxury marketplace reported a 33 percent increase in revenue to $583 million in the three months ending September 20, 2021, short of the average analyst forecast for $591 million.

Coach’s parent company Tapestry is finding success by targeting what it sees as a new “white space” in the market: wealthier customers.

The streetwear label continues its retail expansion plans, announcing the opening of its first store in Germany and its 14th store globally on

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