Leading marketplace for pre-loved fashion acquires US pioneer in fashion resale industry

The transaction is a key milestone for the luxury fashion resale industry. Vestiaire Collective, the leading global online marketplace for desirable pre-loved fashion today announces the acquisition of Tradesy, the US pioneer in the fashion resale industry. Financial terms of the deal were not disclosed. Vestiaire Collective and Tradesy were both founded in 2009 by … Read more

The world’s leading luxury group recorded a 10% increase of sales revenue despite unfavorable currency environment

  The world’s leading luxury products group, recorded revenue of €21.8 billion in the first half of 2018, an increase of 10%. LVMH reports strong growth in Asia and the United States,  a good start to the year for Wines and Spirits, excellent performance of Bvlgari, and a good performance of watch brands. LVMH Moët Hennessy … Read more