Hermès handbags retain most resale value in 2020- Rebag report
The report is a product of Clair (an acronym for Comprehensive Luxury Appraisal Index for Resale), Rebag’s digital handbag appraisal software first launched in October of 2019….
In Yakutia, Russia digs for diamonds in permafrost
In the city of Mirny, the sun shines almost continuously during the region’s white night season in early July, with temperatures exceeding 30 degrees Celsius.But the summer…
Lululemon fires back at Peloton lawsuit with its own, calls rival a ‘copycat’
Lululemon filed its lawsuit five days after Peloton brought its own case in Manhattan federal court, seeking a declaration that Lululemon’s claims had no merit.Peloton and its lawyer…
Joor links with Lily AI for fashion tagging via AI-powered image attribution
The company has a partnership with Lily AI, which it said is “the retail industry’s most robust AI-powered image attribution and customer intent platform for e-commerce”. The tech…
In pandemic Christmas, U.S. rivals aim to challenge Amazon under the tree
The new services seek to take some of the drudgery out of gift-giving. The features let consumers purchase a present online and have it delivered to the…
Jack & Jones boosts commitment to organic cotton
Most of the amount will be used for its NOOS (Never Out Of Stock) programme, which covers around half the brand’s total turnover and which focuses on…
Mentha Capital acquires majority stake in jewelry chain Lucardi
Lucardi said that together with Mentha Capital and co-investor and current owner, Ayad Al Saffar, it aims to further expand its store portfolio and online activities. Al…
Luxury brand Lestrange links with Vaayu on consumer carbon impact calculator
It comes from London-based luxury menswear brand Lestrange and climate tech start-up Vaayu and is called Re_Count.We’re told it “helps customers shop and care for their clothes…