The Chinese internet giant said on Monday it would invest HK$22.4 billion (2.17 billion pounds) for a major stake in China's top hypermart operator, Sun Art Retail Group Ltd, part of a wider push into offline retail.
Adidas, a long-standing sponsor of FIFA, “would have a problem” with the global soccer body if it was found to have broken the law by a U.S. investigation into bribery, the company’s chief executive told a German paper.
Azzedine Alaïa has died, aged 77. One of the greatest influencer-designers, he defined body-con dressing, staying relevant as trends changed via his signature style, and being the first designer to go seasonless.
The South Korean cosmetics brand Dr.Jart+, which specializes in targeted skincare products presented in futuristic-looking packaging, is in the process of intensifying its international expansion efforts.
La Perla has launched its own version of try before you buy and will add features to it that reflect the brand’s luxury profile to differentiate it from try now, pay later options offered by other fashion e-tailers.