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LVMH acquires Christian Dior Couture in $13 billion deal

In a $13 billion deal, LVMH has announced it will acquire Christian Dior Couture from Christian Dior SE. The two-part agreement will merge the entire Christian Dior brand into LVMH’s fashion and leather goods division. In the first part of the deal, Groupe Arnault, the family office and personal investment arm of LVMH chairman and CEO, Bernard Arnault and his family, …

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StalkBuyLove raises $1 million to monetize on millennials practice of ‘style stalking’

StalkBuyLove, an India-based fashion e-commerce site, has raised $1 million in venture funding. The company has raised $7.07 million to date. The investment came from Trifecta Capital. Tushar Ahluwalia, a Rocket Internet alum, co-founded StalkBuyLove in 2013 with Nishrit Srivastva, Aashna Chopra and fashion influencer, Shikha Ahluwalia, as India’s answer to Nasty Gal. The vertically integrated startup sells women’s clothing …

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LVMH announces 2017 Prize for Young Fashion Designers shortlist

The 21 LVMH Prize semifinalists

LVMH has announced the 21 semifinalists for its annual Prize for Young Fashion Designers. The luxury group chose from 1,200 candidates – its highest number of applications yet. The semifinalists hail from Australia, Denmark, France, Germany, Ireland, Japan, Korea, New Zealand, Russia, Spain, Taiwan, Turkey, the United Kingdom and the United States. This year’s group of semifinalists is set apart …

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Glamazon raises $500,000 to expand on-demand beauty service in Australia

Glamazon, an Australia-based beauty booking service has raised $500,000 in seed funding.  The investment was made by undisclosed investors. Glamazon was founded in 2014 by Lauren Silvers as a premium beauty booking app that connects users to freelance stylists and salons that are in the area or willing to the travel to clients for their convenience. A similar business model, GlamCrew, founded by Lisa …

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