Is Matchesfashion set to be the latest business snapped up by an investment fund? Rumours have been swirling around the luxury e-tailer for months, but now it seems it really in in talks with investors about a takeover.
The British fashion e-commerce group has tapped Yasmin Sewell to head up its global editorial and creative teams. The former-Style.com recruit will oversee all content, and overall styling direction on-site.
Sales of LVMH's watch brands could maintain their double-digit percentage growth in the second half of 2017, despite tougher year-on-year comparisons, the head of the luxury company's watch business said on Thursday.
French luxury goods group Kering has dropped a lawsuit filed in New York against Alibaba and Alipay and agreed instead to co-operate with them to safeguard intellectual property rights and fight counterfeiting.