August Getty, one of the few couturiers who hails from Los Angeles, is on a mission: to bring glamour back to Paris. His house, August Getty Atelier, stages its French couture debut in January at the Ritz Hotel.
Luxury goods stocks have been hammered in recent weeks by concerns about weakening demand in China and a looming trade war with the US. But the real picture is much more mixed, the chairman of Alibaba said on Monday.
Alibaba Group cashed a record 213.5 billion yuan ($30.7 billion or £23.8 billion) in sales on Sunday during its 24-hour online retail frenzy Singles’ Day, but the event’s annual growth dropped to its slowest-ever rate.
Virgil Abloh has been named as the designer of 2018 by Ebay’s Shopping Report, which also highlights trends ranging from logos and faux fur to denim boots and pretty much anything connected to a certain royal wedding.
The Confederation of All India Traders (CAIT), a body representing Indian traders, has said that there was a 20 percent surge in volume growth to Rs 30,000 crore ($4.14 billion) during the Diwali sales.
Indian asset developer Phoenix Mills will double its operational retail portfolio over the next 4 to 5 years to reach approximately 12 million square feet, up from its current total of 5.9 million square feet.
Indian e-commerce marketplace Snapdeal witnessed a surge in sales during its four Mega Diwali sales conducted from October 10 to November 4, 2018, witnessing a 250 percent rise over normal daily performance.