Matches, a British luxury e-commerce site, has announced that it is closing its site permanently at the end of June after a financial collapse.
Tag: luxury market
On June 5, Dutch semiconductor equipment manufacturer ASML Holding NV surpassed LVMH in market capitalization for the first time, becoming Europe’s second-largest listed company.
On May 9, Tapestry, Inc., an American conglomerate that owns brands such as Coach and Kate Spade New York, lowered its annual sales forecast due to weak sales.
On December 20, Frasers Group, the retail group owned by Mike Ashley, a successful British high street business, will acquire the luxury e-commerce site Matchesfashion for just 52 million pounds ($63 million).
Fashionphile, a leading luxury bag resale platform, has announced that it has recently earned B Corp Certification (B Corp).
How many of you have seen the term “Quiet Luxury” in fashion content over the past few weeks? This is the word that is being mentioned as the hottest trend of the moment, so much we are tempted to ask that question.