News


Yoox Confirms Net-A-Porter Acquisition

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Milan--Net-A-Porter Group, the U.K.-based luxury e-commerce retailer, will merge with Italian e-commerce giant Yoox—ending … [Read more...]

GlassesUSA.com Raises $12.5 M Growth Round Led By Viola Private Equity

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Tel Aviv--GlassesUSA, the online retailer specializing in prescription eyewear, announced the closing of $12.5 million in new … [Read more...]

“Fashion Hero” TV Series Promotes Real People as Models

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Montreal—If your TV watching list includes “Project Runway,” “America’s Next Model” or “Fashion Police,” you may want to tune into … [Read more...]

Hardy Design Works: A Shoes.com Exclusive Shoes and Accessories

SHOES DOT COM Hardy Design Works

Seattle—SHOES.COM today announced its second original footwear and accessories line, Hardy Design Works. Hardy Design Works, which … [Read more...]

Target Too: The Latest Branding Vehicle, a Pop Up Art Gallery

Target mascot made from Legos

New York—There are pop up stores to promote new products, new collections or a brand. Target has opened what it calls a temporary … [Read more...]

Legendary Handbag Designer Carlos Falchi Dies at 70

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New York—Carlos Falchi, the Brazilian-born accessories designer, who started out dressing rockers in 1970s eventually rising to … [Read more...]

Confirmed: Yoox is in Talks to Acquire Net-a-Porter

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Paris and Milan—While Amazon has denied reports it has been in talks to acquire Net-A-Porter, Italian online retailer Yoox, … [Read more...]

Prada 2014 Profit Drops by Nearly 30% on Weaker Sales

The third chapter of Prada The Iconoclasts was inaugurated during Paris Fashion Week at Prada Faubourg Saint-Honoré store. "Worldwide known costume designer Milena Canonero, four times Oscar winner - reinterpreted the visual identity of the store through the Feng Shui philosophy"

Milan—Stung by weaker sales in Asia, Prada today reported its net profit dropped 28% last year.As has been reported by other … [Read more...]

Target Speeds Up Exit from Canada

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Toronto—Target Corp. has expedited its exit from the Canadian market.Working on a schedule that should see all 133 stores in … [Read more...]

Allen Questrom, Wife Give $50 Million to BU School of Management

Allen and Kelli Questrom

Boston-- Boston University's School of Management was today renamed the Questrom School of Business, the result of an … [Read more...]

Rumor: Amazon in Talks to Acquire Richemont’s Net-a-Porter?

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Seattle—Could Internet behemoth Amazon be ready to gobble up Net-a-Porter, the luxury website owned by Swiss firm Compagnie … [Read more...]

Luxury Market Faces a Drought as Affluents Choose Conscious Consumption

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Stevens, PA—The U.S. economy may be in a post-Great Recession period but many of the consumer values developed during the time … [Read more...]