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YOOX Net-a-Porter Group Gets a Mega Bid
Compagnie Financière Richemont, the Swiss company which owns the Cartier, IWC and Montblanc brands, has offered to take over the fashion e-commerce company Yoox Net-a-Porter for 2.8 billion euros, which is equivalent about $3.4 billion. The bid comes three years after Yoox merged with Net-a-Porter.
Hedi Slimane to Join Céline as Creative, Artistic, and Image Director
The former creative director of Saint Laurent, who left the house in 2016, is returning to the runway as he embarks on his new position as creative and image director of Céline. He plans on introducing menswear and will show his first collection next September. He starts his position on February 1st and will stay in Los Angeles.
There’s a Start-Up like Rent the Runway for Diamonds
Diamonds for rent, and for less? Oui! Enter Flont, a less-than-one-year-old e-commerce site that allows customers to rent high-end fine jewelry, with the option to purchase pieces at significantly discounted member rates. The site stocks more than 40 designers, reports Racked, including Tiffany & Co. and Cariter, to name a few.
Princess Eugenie Gets Engaged to Jack Brooksbank
It looks like there’s going to be another royal wedding this year! Princess Eugenie is engaged to her boyfriend of eight years Jack Brooksbank. The couple will marry this fall at St George’s Chapel in Windsor, the same venue her cousin Prince Harry will marry Meghan Markle at in May, according to Harper’s Bazaar.