On December 18, luxury e-commerce platform Farfetch, which was on the verge of bankruptcy, was reportedly being acquired by South Korean e-commerce giant Coupang for $500 million.
Month: December 2023
Australian luxury brand Dion Lee has appointed James Miller as its new chief executive officer.
On December 12, Prada Group announced its participation in the United Nations Global Compact Initiative.
Spanish fast fashion brand ZARA’s latest campaign images released last week have been strongly bashed by consumers for being reminiscent of the victims of the ongoing Gaza conflict.
On December 8, jewelry brand Swarovski opened its largest flagship store on Fifth Avenue in New York City.
Korea is one of the most advanced countries in the world in the beauty industry, but the popularity of Korean beauty is not limited to Asian countries; it is also creating a huge boom in the North American market.
On December 8, Chanel held its Métiers d’Art 2024 show in Manchester, England.
On November 5, Amazon.com Inc. made an important move by cutting fees for merchants selling clothing priced below $20, signaling its readiness to compete on price with Chinese fast-fashion Shein.
Designer Jerry Lorenzo’s own streetwear brand, Fear of God, has a cult following and the craze continues unabated.
On December 1, Italian luxury brand Tod’s announced the appointment of Matteo Tamburini as its new creative director.