Alibaba Group Holding will pay about 5.45 billion yuan (625.62 million pounds) for a 15 percent stake in China's Easyhome, a home improvement chain, as the internet giant expands its investments in offline businesses.
Chen Peng is only 26 years old and yet his wildly original puffer coats have already adorned the likes of Rihanna and Lady Gaga. He's showing his latest collection in New York in a bid to conquer the world.
Lululemon filed a lawsuit in US federal court in Chicago against alleged counterfeiters in China and abroad. The lawsuit alleges groups and individuals are selling knockoff product online through unauthorized websites.
Luxury goods authentication start-up Entrupy has announced the expansion of its operations to Japan, positioning it to combat the distribution of counterfeit high-value goods in one of the largest luxury resale markets.