Viva magenta, a red tone, will encourage optimism and allude to the rise of the virtual world as well as technology such as artificial intelligence in the months to come, the company said.

The contemporary retailer, which was sold by Gap to private equity firm Altamont Capital Partners in 2021, has signed a deal to be acquired by another private equity firm, Regent, after failing to pay vendors for fall orders.

The luxury brand will reveal a new capsule collection guest designed with Denim Tears, the label founded by Emory in 2019, during a show at the Grand Egyptian Museum in Cairo on Dec. 3.

Farfetch on Thursday said it expects to return to growth next year after reporting its first year-on-year decline in sales on its platforms in the third quarter.

European Union member states on Thursday reached a deal on rules that would force large companies to check whether their suppliers use slave or child labour, or pollute the environment, but with an optional exemption for financial services.

There’s no shortage of skepticism about the metaverse, but one legitimate business strategy could be using virtual worlds as a testing ground for physical products.

While retail has been slower to adopt automation than sectors such as autos and electronics, it has been picking-up the pace — from the introduction of basic self check-out tills in stores to the use of robots and AI in supply chains.

The investment firm announced the financing on Wednesday.