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Joe Einhorn, CEO The Fancy | Source: Forbes
Apple Wants To Buy Pinterest Rival, The Fancy (Business Insider)
“Apple is in talks to acquire The Fancy, a fast-growing social commerce site backed by cofounders of Twitter and Facebook, Business Insider has learned. The objective: to secure a role for Apple in the growing e-commerce market.”
L Capital in talks with top fashion designers to setup LVMH clone in India (Economic Times)
“Private equity firm L Capital is in talks with top Indian designers to create an Indian luxury house loosely resembling its parent – the Paris-based world’s biggest maker of luxury goods, LVMH Moet Hennessy Louis Vuitton.”
Qatari investment group buys Anya stake (FT)
“A Qatari investment group has bought a 38 per cent stake in Anya Hindmarch in a deal valuing the luxury handbag and accessories company’s equity at £70m.”
Techies Break a Fashion Taboo (NY Times)
“Despite the geek stereotypes of hoodie sweatshirts, flip-flops and thick glasses, it makes perfect sense, these women say, for people interested in technology to be intrigued by fashion. ‘Designing software and products isn’t all that different from the design of clothes,’ Ms. Mayer, 37, the new chief executive of Yahoo, said in an interview last February.”
China’s passion for fashion catapults blogger to stardom (Channel News Asia)
“Until recently Han Huohuo was just a twenty-something Chinese fashion blogger. Today, he enjoys front-row seats at European catwalk shows and rubs shoulders with the editor of Chinese Vogue.”
