Zalando is the latest fashion e-tailer to broaden its luxury offer with the German company adding new high-end brands, such as Roksanda and Marchesa, and expanding its Victoria Beckham and Moschino assortment.
The sale included RTW Retailwind's e-commerce business and all related intellectual property, including its websites, its rental subscription businesses and other assets for a total price of $40 million in cash.
As retailers continue to come to terms with the challenges posed by Covid-19, AI and AR beauty tech company Perfect Corp. has added four new non-touch features to its existing digital makeup try-on solution.
Adidas has launched a new app called Confirmed that addresses the importance of streetwear and acts as a brand hub. It said users can access exclusive drops alongside never-before-seen content and elevated storytelling.
A number of shopping centres owned by failed UK malls giant Intu Properties have seen their futures made more secure as their creditors voted in support of proposals to put their finances on more solid ground.
China’s Alibaba Group has put on hold plans to invest in Indian companies, two sources said, amid souring business relations and rising political tension between the two nations after a clash on their Himalayan border.
A select few fashion brands are managing to open boutiques this summer, but Dolce & Gabbana have chosen a more novel inauguration – a rarefied cabana in the Côte d’Azur’s legendary Grand-Hôtel du Cap-Ferrat.
H&M has unveiled a collaboration with luxury Italian brand Giuliva Heritage. The family-owned tailoring specialist is known for its menswear silhouettes applied to womenswear and also for its sustainability.