Alibaba has invested in luxury online wholesale fashion tech firm Ordre as the three-year-old company positions itself for major growth. Ordre said Alibaba is now “a strategic investor,” but the terms weren’t disclosed.
Matchesfashion went from strength to strength in the year that it was bought out with revenues up 44% and profits up 34%. And importantly, as much as 82% of its business was generated outside its home market, the UK.
Chadstone Shopping Centre has clocked more than $2 billion in sales annually, a first for the Melbourne-based mall, as it continues to redevelop and attract more global brand store openings to its centre.
American actress Meghan Markle picked a sleek sculpted dress by Givenchy creative head Clare Waight Keller for her wedding to Prince Harry and later changed into Stella McCartney, a label also chosen by other big names.