The e-commerce division of Saks Fifth Avenue is preparing to list in the first half of next year, according to a report published by The Wall Street Journal, quoting ‘people familiar with the matter’ as its source.
Dior’s beauty arm has teamed up with South Korean social media app Zepeto to launch a digital makeup collection, aimed at a Gen Z audience.
Zalando and Sephora have announced that they have signed a strategic partnership to create an online prestige beauty destination for European shoppers.
Fake online reviews will be behind some US$3.96 billion of online fashion sales in the US and US$800 million of beauty and personal care buys, according to a study conducted by CHEQ and the University of Baltimore.
Bottega Veneta is taking a step back from social, according to a report published by Bloomberg. The luxury leather goods brand has wiped its Weibo account, says Bloomberg, just a month after it disabled its Instagram feed.
Japanese fashion retail site ZOZO has announced the launch of its new beauty platform ZOZOCOSME, which is set to go live in March.
Depop has announced an intensive two-year sustainability plan that aims to set up a ‘new fashion system’. The clothing resale platform has pledged to become climate neutral by the end of the year.
LVMH Luxury Ventures and L’Oréal BOLD support social selling platform Replika Software in Series A funding round
Social selling platform Replika Software has completed its Series A funding round, backed by the likes of LVMH Luxury Ventures and L’Oréal BOLD, the investment arm of their parent companies.
Gucci Beauty teams up with Snapchat to launch new Portal Lens as part of Bloom Profumo di Fiori marketing promotion
Gucci Beauty has teamed up with Snapchat to launch a new Portal Lens as part of the marketing promotion for the new Gucci Bloom Profumo di Fiori fragrance.
Gucci has expanded its relationship with Genies, with the tech company developing its 3-D Avatar software development kit to allow users to create personalized Genies Avatars.