Struggling luxury retailer Farfetch has been purchased by Coupang, the South Korean eCommerce giant. The deal gives Coupang greater access to the personal luxury goods space, while offering...
Cartier owner Richemont reportedly has no intention of investing in luxury retailer Farfetch. The company made that announcement Wednesday (Nov. 29) following the news that Farfetch could be...
Today in Europe, the Middle East and Africa, Mastercard announced an investment in Egypt’s FinTech-focused venture capital platform nClude and HSBC launched a new digital...
Online luxury and fashion retailer YOOX Net-a-Porter (YNAP) has named Alison Loehnis as its interim CEO. Loehnis will take the reins of the company beginning...
In what is said to be a landmark move in the digitalization of the luxury industry, fashion industry platform Farfetch has acquired a 47.5% stake...
In today’s top Europe, Middle East and Africa news, Revolut’s chief revenue officer is planning on leaving the U.K.-based financial company to launch a cryptocurrency...
Today in retail, Ulta Beauty holds its own in the increasingly competitive beauty care sector, while APIs play an important role for businesses when it...
Luxury resale platform Yoox Net-A-Porter on Friday (March 11) debuted a menswear resale line, Mr Porter, which joins womenswear line, Net-A-Porter and The Outnet, according...
In today’s top retail news, retailers and industry watchers are elevating supply chain concerns ahead of the holiday shopping season, while buy now, pay later...