Burberry’s was upbeat Thursday with the group showing signs of a recovery. It said October sales were back in growth, which marks a strong improvement on a first half report that was mainly about negative figures.
Alibaba Group Holding Ltd and Swiss group Richemont will invest $1.1 billion in online luxury fashion retailer Farfetch Ltd and its new Chinese marketplace, as online demand for luxury goods booms in the Asian country.
The South Korean event implemented a renewed online strategy in order to boost its fashion sales in China, betting on multiple platforms, partnerships with WeChat, "see now, buy now" shows, and live commerce.
U.S. President Donald Trump said he supported a deal in principle that would allow TikTok to continue to operate in the U.S., even as it looked to conflict with his prior order for ByteDance to divest the video app.