“While Louis Vuitton has expanded its customer base among general consumers to become one of the most popular luxury brands in Korea, its appeal seems to be diminishing in the affluent Gangnam area of Seoul.”(The Chosun Iibo)
Lars Nilsson is back. “This time with a new men’s-wear collection, Mr. Nils, which is being produced by the Italian manufacturer Mabro. It will be in stores in July.” (New York Times)
“Financiere Richemont SA, the world’s largest jewelry maker, agreed to buy the remainder of Net-a-Porter LLC, valuing the online fashion retailer at 350 million pounds ($533 million).” (Business Week)
“The online auction company officially launched its Fashion Vault site on Monday where it’s teaming up with fashion retailers to offer designer clothes at healthy discounts for short periods of time.” (CNET)
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