Rally, a digital platform designed for individuals to invest directly in rare collector items such as cars, books, drawings, and more, has expanded its offerings to luxury handbags. As the brand launches this new category, Rally will be listing an Hermès Bleu Saphir Lézard Birken Bag—which has been […]

German luxury fashion house MCM has licensed Inter Parfums, Inc. to create, develop and distribute fragrances under its label for the next ten, possibly 14 years. The two parties have announced a ten-year licensing agreement, which includes a four-year automatic renewal option, that could potentially […]

Handbag Clinic, the luxury bag restoration and resale business, is seeking 2 million pound investment, after embarking on its second capital-raising campaign to help support its global expansion plan. The handbag restorer is hoping to raise more funds to expand in core business areas - brand building, […]

Coty and Kylie Jenner today announced a long-term strategic partnership that involves Coty becoming a majority stakeholder in Jenner's beauty business. One of the world's largest beauty companies with a global portfolio, Coty will acquire 51 percent of the Jenner partnership for 600 million dollars. […]

The Estée Lauder Companies, Inc. is expanding its empire. The leading beauty manufacturer and marketer, whose portfolio already includes a number of name-brand skincare, makeup, fragrance and hair care brands, has announced the acquisition of Have & Be Co. Ltd. The deal is expected to close next month. […]

Lifestyle fitness and apparel company Hylete, Inc. today announced that it has postponed its previously announced initial public offering. Hylete will continue to evaluate the timing for the proposed offering as market conditions develop. "We have decided to postpone the IPO for now," said Ron Wilson, […]

ANALYSISNew York – Self-defined as a ‘technology company’, Chinese e-commerce giant Alibaba Group is planning to take the Hong Kong’s stock exchange by storm. Alibaba’s choice hasn’t left anyone indifferent given the current turmoil hitting the Asian economic centre. Last week, the Chinese e-commerce […]

Formed in the Hangzhou flat of co-founder Jack Ma in 1999, Alibaba has ridden the seemingly insatiable Chinese appetite for online shopping to become one of the world's most valuable companies. On Friday, the US-listed company confirmed plans to add its value further, but listing additional shares in […]

A realistic fit, a more efficient and sustainable way of working, saving costs and gathering valuable data: These are just a few of the many benefits digitisation provides the fashion industry with. According to Alvanon, the global leader in fashion technology, 3D design is the next necessary and logical […]

About 90,000 Cambodian apparel and textile workers could be out of a job if the proposed trade sanctions by the European Union cause fashion brands to source elsewhere, fear workers’ rights groups. Currently, Cambodia profits from the “Everything but Arms” (EBA) scheme established in 2001 that gives […]

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