85 406
Fashion Jobs
LULULEMON
Visual Merchandising Specialist | Toledo Local
Permanent · TOLEDO
LULULEMON
Community Specialist | Martha's Vineyard
Permanent · EDGARTOWN
LULULEMON
Community Specialist | Market Street, Lynnfield
Permanent · LYNNFIELD
LULULEMON
Expeditor (9pm - 2am) | Scottsdale Fashion Square
Permanent · SCOTTSDALE
LULULEMON
Visual Merchandising Specialist | University Place, Orem - Full Time
Permanent · OREM
LULULEMON
Visual Merchandising Specialist | The Shops at Mission Viejo
Permanent · MISSION VIEJO
LULULEMON
Community Specialist | Village Meridian
Permanent · MERIDIAN
NORDSTROM
Customer Service Representative - Montgomery Mall
Permanent · BETHESDA
NORDSTROM
Retail Stock - Chandler Festival Rack
Permanent · CHANDLER
NORDSTROM
Customer Service Representative - Old Orchard Center
Permanent · SKOKIE
NORDSTROM
Chef - Nordstrom Grill - City Creek Center
Permanent · SALT LAKE CITY
NORDSTROM
Retail Stock - Mayfair Collection Rack
Permanent · WAUWATOSA
NORDSTROM
Asset Protection - Agent - International Plaza
Permanent · TAMPA
NORDSTROM
Area HR Business Partner - NE Stores - CT/NY Market
Permanent · NORWALK
NORDSTROM
Retail Stock - The Village at Totem Lake Rack
Permanent · KIRKLAND
NORDSTROM
Service Experience Rep - Fashion Island
Permanent · NEWPORT BEACH
NORDSTROM
Asset Protection - Agent - Pentagon City
Permanent · ARLINGTON
NORDSTROM
Asset Protection - Security Ambassador - Pentagon City
Permanent · ARLINGTON
NORDSTROM
Asset Protection - Agent - Westfield Culver City Rack
Permanent · CULVER CITY
NORDSTROM
Retail Stock - The Palms at Town & Country Rack
Permanent · KENDALL
URBN
Anthropologie Visual Merchandising Manager
Permanent · COLUMBIA
URBN
Urban Outfitters Visual Merchandising Manager
Permanent · SEATTLE
Published
May 13, 2018
Download
Download the article
Print
Text size

UK-based Lyst to get LVMH funding injection

Published
May 13, 2018

UK-based search engine Lyst is getting a multi-million funding injection from LVMH, among other investors, according to a news report on Sunday.


Lyst


Sky News reported that the funding will be announced by Lyst this week with LVMH the biggest name taking part in the funding round.

A source told the news service that Lyst was looking to raise between £50 million and £100 million with sources also telling Sky that the LVMH involvement might even indicate an interest on the luxury giant’s part to eventually take full control of Lyst.

Lyst was founded in 2010 and is an online aggregator specifically aimed at the luxury sector. It offers access to around five million products and has around 70 million users.

Its connection with LVMH isn’t new, of course, as the luxury group’s products can be accessed via Lyst and its last funding round came in 2015 when part of the reported $40m it raised came from Groupe Arnault, LVMH's controlling shareholder. But the new round would see LVMH investing in the firm directly, according to the news report.

The investment, if confirmed, would also be a reflection of how much more seriously luxury groups are taking e-commerce after many years in which they lagged the mass-market in diving deep into the channel.

And for LVMH in particular, it represents a stronger involvement in tech-driven businesses. The Dior and Louis Vuitton owner only last month announced its Station F incubator programme to invest in luxury-focused start-ups.

Copyright © 2024 FashionNetwork.com All rights reserved.