British Fashion Council to Boost UK Fashion Beyond London
The new national initiative, Fashion Britain, aims to increase growth, innovation and participation in the industry across key cities.
venture-capital-private-equity
Global Markets
Coupang Raises $3.5 Billion Ahead of IPO
Coupang’s debut on the New York Stock Exchange today is expected to be the largest by an international company since Alibaba went public in 2014, according to a report in The Financial Times.
Coupang Raises $3.5 Billion Ahead of IPO
Coupang’s debut on the New York Stock Exchange today is expected to be the largest by an international company since Alibaba went public in 2014, according to a report in The Financial Times.
China
Former Vogue Editor Angelica Cheung Joins Sequoia Capital China
Vogue China’s founding editor, Angelica Cheung, has announced on social media that her next move will see her join Sequoia Capital China as a venture partner.
Former Vogue Editor Angelica Cheung Joins Sequoia Capital China
Vogue China’s founding editor, Angelica Cheung, has announced on social media that her next move will see her join Sequoia Capital China as a venture partner.
Technology
One Big Way Direct-to-Consumer Retail Is Changing
New online marketplaces promise to make it easier for consumers to find their favourite direct-to-consumer brands. Will the model work?
One Big Way Direct-to-Consumer Retail Is Changing
New online marketplaces promise to make it easier for consumers to find their favourite direct-to-consumer brands. Will the model work?
Technology
Where VCs Are Placing Their Bets
Financiers are pouring money into e-commerce businesses at a record rate, anticipating new pandemic-driven opportunities.
Where VCs Are Placing Their Bets
Financiers are pouring money into e-commerce businesses at a record rate, anticipating new pandemic-driven opportunities.
The News in Brief
Hermès’ Chief Watches China’s Pork Prices to Gauge Luxury Demand
When it comes to gauging the possibility of a sales rebound for his luxury group in China, Hermès executive chairman Axel Dumas turns to an unusual metric.
Hermès Sales Climb, Boosted by US
Hermès second quarter sales rose 7 percent, lifted by a recovery in tourism in Europe and strong demand in the US.
Shein Discloses FTC Probe in US, Warns of Significant Payments
According to documents the ultra-fast-fashion company filed in connection with its planned Hong Kong IPO, Shein is cooperating with the investigation and could face significant fines.
Frasers Group Takes a Position in Burberry
The billionaire Mike Ashley’s investment arm disclosed Tuesday it holds an interest worth a potential 4.2 percent of the voting rights in Burberry.
EssilorLuxottica Beats Forecasts, AI Glasses and Myopia Products Drive Growth
The Franco-Italian eyewear maker reported a 15 percent rise in first-half profit, beating expectations, while revenue growth was driven by strong demand for AI-enabled glasses myopia products.
Whoop Names Kyle Leahy Chief Commercial Officer
Leahy joins the wearables brand from Glossier, where she was chief executive for three years.
Chinese Jeweller Laopu Gold’s Shares Drop on Growth Outlook
The jeweller lost $2.1 billion in market value after forecasting first-half 2026 revenue growth of up to 66 percent, a sharp slowdown from last year that unsettled investors in one of China’s most viral consumer brands.