Alibaba, China’s biggest e-commerce operator, was fined $2.78 billion, by China’s State Administration for Market Regulation for monopolistic behaviors, China's state media said Saturday morning, and has been ordered to stop its illegal conduct.
The penalty was calculated by deducting 4 percent of the group’s 2019 revenues, which totaled 455.712 billion renminbi. It is one of the largest penalties Chinese regulators have ever issued, exceeding the $975 million antitrust penalty that the Chinese government imposed on American chipmaker Qualcomm in 2015.
In years past, JD.com, a rival of Alibaba, complained of anticompetitive behavior and said brands had been pressured off of their platform by the larger firm. The firm also addressed the larger and growing trend of scrutiny around China’s tech companies. Continue reading
Purified images of the fading day, where China’s nocturnal resonance fogs, Europeans wake up. Here is the most orderly designer in his vision, he stigmatizes his memories of the landmarks of his life in counterpoint and from Shanghai sends us the image of the Middle Kingdom.
Lady Gaga is today unveiling “The Studio by Klarna x Haus Labs. The creative space, a hub for her cosmetics brand Haus Laboratories, is based in Los Angeles County.
The Salvatore Ferragamo Group is seeing changes in the Americas, as Donald Kohler will be exiting the company. Kohler joined Ferragamo as chief executive officer of the Americas region and chief retail officer of the worldwide group in September 2017.
In the Marais district until March 21a fresco of Hubert de Givenchy a supersized portrait of the fashion designer has gone up in Paris’ Marais district, three years after the designer’s passing.
The brand is launching a new fragrance, named Alibi eau de parfum, after its bag of the same name. The new scent will be available at de la Renta boutiques, on its website, and in select doors at Macy’s.
Shoes, like clothes, tell a lot about women’s life. They reflect elegance and their position in society. And if access to the red carpet is forbidden to those who would like to wear flat shoes, it’s because women like Jenny Yang creates to sublimate the feet of the fashion week. With a pair of heels, a woman can conquer the world. Here is the new weapon of massive seduction signed Jenny Yang, China at her feet, and before her the world and Europe, a playground for the desires of this woman of the world.
An idea that had been the subject of an article, already 8 years ago in Cana-Luxe.
Are there more fake than real Birkin bags on the market? Twenty-three people were charged, including nine former Hermès employees, the news agency reported. A 41-year-old man was sentenced, in absentia, to six years in prison and fined 1.5 million euros; a warrant has been issued for his arrest. The individual was accused of being the mastermind of the network, which included a workshop in Hong Kong.
The Estée Lauder Cos. Inc. has agreed to buy a majority stake in Deciem, the parent company of popular skin care brand The Ordinary, at a $2.2 billion valuation.
Shares in the French luxury group closed up 3.1 percent on the Paris Stock Exchange on Friday in response to strong fourth-quarter results, as consumers flocked to surefire investments like the brand’s Birkin handbags and Chaîne d’Ancre bracelets.
With Britain still in lockdown and designers grappling with complex, costly paperwork and trading post-Brexit, fall 2021 will likely be remembered as the season of choking on red tape.
The Mantero Archive has long been considered a comprehensive and extraordinary collection of textiles and an inspiration for numerous designers, with more than 10,000 volumes and 60,000 foulards from the top fashion houses, thousands of drawings and prints.
Rochas has named Charles de Vilmorin as its new creative director, cementing the 24-year-old designer’s meteoric rise since launching his fashion label last April in the midst of the coronavirus pandemic. Three press-cutting in some tabloids and the rocket will certainly be a wet firecracker. This announcement was made the day Rocha signed a partnership with H&M; a bad presage.
Legendary actor Christopher Plummer, known for films like “The Sound of Music” and “All the Money in the World,” died Friday at the age of 91. Plummer died peacefully at his home in Connecticut, according to Deadline.
Calls to boycott Yves Rocher are proliferating online as Russian opposition leader Alexei Navalny has been sentenced to two years detention for violating parole in a case linked to the French beauty company that dates back almost a decade.
Saturday that Martone died at age 41 in tragic circumstances. She was hospitalized for a 15-minute surgery, but died suddenly due to complications during the operation.
Franck Sorbier couldn’t start his film without paying tribute to Robert Hossein, who was a faithful friend, who saw them humming like the wings of a hummingbird, only to end up making no noise at all, because their magic often reminds us of the calm chaos of these people fighting to keep their balance, like tightrope walkers all in feathers of lightness in the deafening silence of the Paris Fashion Week that promotes young men of 23 years old with just presumed talent.
Farhad Re was born in Rome and grew up between Italy and France, where he spent most of his time invested in his work as a stylist loved by stars, princesses, and jet-setting ladies such as Catherine Deneuve, Ivana Trump, Joan Collins, Brigitte Nielsen, Ursula Andress, and Princess Soraya – heads of sumptuous and marked elegance. Known for his high fashion garments and accessories that despite their modernity reflect a taste for extreme luxury.