British luxury e-commerce site Matches is set for an administration filing, about two months after being acquired by the Frasers Group led by Mike Ashley.
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In-depth guides exploring the structure, strategies, and business dynamics shaping the global fashion and luxury industry. From luxury conglomerates to fashion week economics, this section breaks down complex industry topics into accessible, evergreen analysis.
Burberry, the iconic British luxury brand, has launched a new Texas store and a limited-time pop-up in California.
Urban Outfitters, Inc, which owns Urban Outfitters, Anthropologie, and Free People, recently opened a new distribution center in Raymore, Missouri, for its women’s subscription rental clothing service platform, Nuuly.
Macy’s has rejected a $5.8 billion takeover bid from investment firm Arkhouse Management and its partner Brigade Capital just one month later, the company is facing a proxy fight on its board of directors after Arkhouse Management nominated nine candidates for its board.
On February 6, the legal dispute between luxury brand Chanel and fashion boutique and online retailer What Goes Around Comes Around (WGACA) finally came to an end, with Chanel winning the case.
Prada and Miu Miu ranked first and second respectively in the latest Lyst Index, the world’s hottest brands and products in the fashion industry, for the fourth quarter of 2023 (October to December).
JD.com, China’s giant e-commerce platform, has opened its first warehouse in Paris to store apparel products for its international site JD Worldwide in an effort to streamline cross-border e-commerce between Europe and China.
Last December, the news that the South Korean e-commerce giant Coupang had acquired the ailing luxury e-commerce platform Farfetch, rescuing it from the brink of bankruptcy, was still fresh in the minds of many. However, the acquisition plan seems to have hit a snag.
Hilfiger Ventures, co-founded by one of the leading American fashion designers Tommy Hilfiger and Joe Lamastra, released a mobile AI fashion game “FashionVerse,” with global free-to-play game publisher Tilting Point.
On January 25, French luxury conglomerate LVMH announced that it recorded revenue of €86.2 billion in 2023, equating to organic growth of 13% with respect to 2022.