Fashion brands need to put their foot down and take action to prevent “a race to the bottom” in terms of discounts that threaten whole fashion retail eco-system, Farfetch CEO José Neves told FashionNetwork.com.
Asians catching up on the West’s obsession with health and wellness is a trend that has created attractive investment opportunities, Ravi Thakran, a regional LVMH boss, told a luxury conference on Tuesday.
Amazon.com Inc confirmed on Tuesday it would invest $5 billion and create 50,000 new jobs in the two new headquarters in NYC and Northern Virginia, ending a frenzied year-long bidding war among U.S. cities.
Inter Parfums on Monday reported its updated 2019 guidance, forecasting sales to grow by 6% next year to reach $705 million, as the New York company expects to reap the benefits of new fragrance drops.
Amazon.com Inc could announce as early as Tuesday that it has selected New York City and Northern Virginia to be the sites for its second and third headquarters, the Wall Street Journal reported on Monday.