The CFDA/Vogue Fashion Fund finalists have been announced. The prestigious annual competition will again welcome 10 finalists to compete for the chance to win $400,000 and a mentorship to help develop their business.
Pierre Bergé, the partner of Yves Saint Laurent who passed away last fall, must be turning in his grave. After Yves retired, he spent a decade predicting haute couture's demise. Instead it has rarely looked healthier.
Alibaba has invested in luxury online wholesale fashion tech firm Ordre as the three-year-old company positions itself for major growth. Ordre said Alibaba is now “a strategic investor,” but the terms weren’t disclosed.