Reselling marketplace Kream’s valuation rises to $742M with $168M Series C
Kream, a luxury resale platform owned by Naver, has closed a $168 million Series C round at a valuation of $742M.
New capital positions luxury goods reseller Rebag for next round of innovation
The company has since seen a trend of owning fewer items, but of those that are purchased, they are of higher quality, made better, longer lasting and retain some resale value.
Moda Operandi, an online marketplace for high-end fashion, raises $100M led by NEA and Apax
Moda Operandi, an online marketplace that specialises in right-off-the-runway luxury fashion, accessories and home decor, is today announcing a high-priced event of its own: it’s raised $100 mil
Cartier, Bulgari and other luxury brands are flocking to WeChat
Not long ago, people in China would need to visit a posh, stylish mall for luxury shopping. That’s rapidly changing as high-end brands race to embrace digital channels, which aren’t just t
Slowdown or not, China’s luxury goods still seeing high-end growth
Despite well-documented concerns over an economic slowdown in China, the country’s luxury goods market is still seeing opulent growth according to a new study. Behind secular and demographic tailwin
Luxury fashion marketplace Farfetch closes at $28.45, up 42% on its first day of trading on NYSE
It’s been a strong year for tech IPOs so far, and it looks like today’s debut of Farfetch — a UK-based shopping site for luxury fashion — is on trend, so to speak. The company
Farfetch files for IPO to trade on NYSE as FTCH; has nearly 1M active users of its luxury goods marketplace
Farfetch, the UK-based marketplace for high-end fashion and other luxury goods, has confirmed its plans to go public. According to an F-1 form filed with the SEC, the company plans to list on the New
eBay takes on The RealReal and other fashion resellers with launch of authentication program
eBay is going after high-end clientele in search of luxury goods with today’s launch of eBay Authenticate, a new program that will allow sellers to opt in to have their goods verified as authent