Chinese Internet giant Alibaba will pay 266 million US dollars for Hong Kong's South China Morning Post, the newspaper said Monday, far higher than analysts' estimates in a deal that has sparked fears the paper will lose its independent voice. The business had been valued at half that amount, and some […]

Vivian Chou's company Bright Fame Fashion has announced they have acquired a controlling interest in Thakoon. The high-end contemporary label, founded by Thakoon Panichgul, was acquired for an undisclosed sum. Speculation began that Chou was considering getting a stake in the firm after she was spotted […]

Chinese internet giant Alibaba said Friday it would buy Hong Kong's South China Morning Post, following weeks of speculation over the future of the English-language newspaper. "(Alibaba) has entered into a definite agreement to acquire the South China Morning Post (SCMP) and other media assets of SCMP […]

UPDATE Yahoo flipped its reorganization plan Wednesday, announcing it would keep its stake in China's Alibaba but spin off its core Internet business -- creating new uncertainties for the struggling tech giant. The decision marks a U-turn on a previous plan to spin off Yahoo's vast holdings in e-commerce […]

New York - It was recently reported that Chanel had plagiarized several of their knitwear designs at their Metier d'Arts show from Shetland knitwear designer Mati Ventrillon. Buyers for Chanel had visited Ventrillon's store and purchased several of her sweaters with the intention of research purposes. […]

The Los Angeles-based company has been in turmoil for quite some time now. With bankruptcy files, new chief executive officers, and underperforming sales; it’s needless to say that American Apparel has gone through a lot. However, in recent developments, the company is still aiming for a turnaround […]

California-based retailer Quiksilver has been working on putting a reorganization plan in motion. The surfwear and action sports brand has a hearing set for January 27 in U.S. bankruptcy court. The reorganization plan is now up to creditors to decide before mid-January, according to WWD. The company […]

New York - Band of Outsiders is coming back. Earlier this year, it was announced that the brand would be closing its doors. It was unclear what the future of the brand would be at the time. The company had closed all stores and liquidated all assets to pay off their debts to Belgian holding company […]

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