luxury goods

Kream, a luxury resale platform owned by Naver, has closed a $168 million Series C round at a valuation of $742M.

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…

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 million, a mix…

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…

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 tailwinds, the…

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,…

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…

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…