Naked Brand Group on Thursday announced it has entered into an agreement to acquire an undisclosed leading U.S. online retailer for $42.5 million, in a bid to bolster the Sydney firm's global e-commerce division.
Chinese e-commerce portal Yunji Weidian has hired investment banks for an initial public offering it plans to launch in the United States early next year, a source with direct knowledge of the matter said on Wednesday.
China will be forced to retaliate if the United States implements any new tariff measures, China’s commerce ministry warned on Thursday, as the world’s two biggest economies remain locked in an intensifying trade war.
The female-led womenswear company announced on Wednesday that it has closed a $15 million Series A funding round with plans to put the money towards retail expansion, digital growth, technology and personnel.
A U.S. police investigation into an allegation of rape against JD.com Inc CEO Richard Liu has hammered the e-commerce giant’s shares, with the case laying bare risks posed by his iron grip on management.
The perfume specialist Interparfums reported a net profit of €25.2 million ($29.3 million) out of the group’s half-year turnover of €218.7 million, a 4.5 percent increase compared to the same time the year before.
Swiss watch brand Audemars Piguet wants total control over distribution of its luxury watches, cutting out third-party multibrand retailers within 3-5 years, its head said, adding the integration would boost sales.
The Finnish owner of sports brands including Salomon and Arc’teryx has placed its cycling clothing brand Mavic under strategic review in an effort to streamline its portfolio and boost growth, it announced on Thursday.
It feels like it’s been a long time coming but Farfetch has finally announced pricing details for its mega-IPO with news that it aims to raise up to $600m in an offering valuing the whole firm at around $5bn.