Acquisitions
4

“Coach Inc will buy women’s luxury footwear company Stuart Weitzman Holdings LLC, as it looks to expand its high-end offerings to better compete with rivals such as Michael Kors Holdings Ltd and Kate Spade & Co.”

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Decoded Fashion - Fashion Tech Daily - Coach
3

“Eight years after launching, the luxury and ready-to-wear e-commerce site My-Wardrobe has shut down its online operations and sold its URL to Net-a-Porter. The site, which still features some clothing at 70 and 80 percent markdowns, now redirects to Net-a-Porter, The Outnet and Mr Porter.”

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Decoded Fashion - Fashion Tech Daily - My Wardrobe
3

“Snapchat secretly acquired a company working on a Google Glass type of product earlier this year, according to documents that leaked as a part of the Sony hacking.”

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Decoded Fashion - Fashion Tech Daily - Epiphany Eyewear
3

“Snapdeal, one of India’s largest e-commerce businesses, has acquired Wishpicker, a tech platform that uses machine learning to deliver recommendations for gift purchases.”

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Decoded Fashion - Fashion Tech Daily
2

Seafolly announced a “new partnership […] with L Capital, the Asian private equity fund sponsored by LVMH, which has acquired a majority stake in the brand. The financial terms of the arrangement were not released; however, Seafolly’s CEO, Anthony Halas, says the deal was 12 months in the making.”

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Decoded Fashion - Fashion Tech Daily - Seafolly
2

“Beauty Collection, founded in 2007, is based in Osaka. The service relies on phone bookings rather than online reservations. Rakuten launched Rakuten Salon in 2012, with an emphasis on helping customers find hair salons and book appointments via the web. The acquisition of Beauty Collection will aid Rakuten’s expansion into additional beauty services while exposing the budding service to 95 million existing Rakuten members.”

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Decoded Fashion - Weekly Story - Beauty Collection

 

4

“Neiman Marcus Group has acquired the German fashion e-commerce platform Mytheresa.com and Theresa, its flagship Munich store”

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Decoded Fashion - Fashion Tech Daily
3

“Is Asos in play? On a quiet day for the markets, the online fashion retailer jumped almost 7 per cent in brisk trade as rumours percolated that a bid could be in the works.”

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Decoded Fashion - Fashion Tech Daily -  Asos
2

“LVMH is said to be in talks with Proenza Schouler to acquire a stake in the New York-based brand. Although exact details of the deal are not known, discussions are focusing on the purchase of a 40 per cent stake in the brand which was established in 2002 by Jack McCollough and Lazaro Hernandez.”

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Decoded Fashion - Fashion Tech Daily -  Proenza Schouler
2

“Penske Media will only be acquiring the business-to-business brands owned by Fairchild, which include WWD, M magazine, Beauty Inc., Footwear News and Fairchild Summits. Fairchild Media’s other properties, Style.com and NowManifest, will still be a part of Conde Nast. Fairchild CEO Gina Sanders will not be moving to Penske, but is assuming a soon-to-be-announced role at Conde Nast parent company Advance Publications.”

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Decoded Fashion - Fashion Tech Daily - WWD