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Dion Lee to be wound up after receiving no ‘acceptable’ lifeline offer

Inside Retail

The liquidators have so far realised more than $3 million in sales of merchandise since the company was placed into voluntary administration. Founded in 2009 by then-Sydney-based designer Dion Lee, the unisex fashion brand has six stores in Australia and one in the US and is sold through 160 outlets globally.

Fashion 263
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Revolve Group takes controlling stake in luxury label Alexandre Vauthier

Inside Retail

The deal will see the integration of Revolve’s marketing strategies, data-driven merchandising techniques, and operational infrastructure with Alexandre Vauthier’s iconic brand identity and craftsmanship. Alexandre Vauthier founded his namesake brand in 2009.

Fashion 147
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Retailers, are you ready for it? Swift’s Eras tour a gold rush of economic karma

Inside Retail

An Ebay Australia spokesperson told Inside Retail that second-hand goods may also benefit from the Swift-mania sweeping the nation, as many stores have been stripped bare of relevant merchandise.

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Rent the Runway Files IPO

VMS

The fashion rental retailer was founded in 2009 and allows shoppers to rent, subscribe or shop for resale items from more than 750 brands. The post Rent the Runway Files IPO appeared first on Visual Merchandising and Store Design. Last March, it closed its physical stores in order to focus on drop-box locations, reports Retail Dive.

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Vestiaire Collective acquires rival Tradesy

Inside Retail

By acquiring Tradesy, Vestiaire Collective will have a membership community of 23 million people, a catalogue of 5 million items, with a Gross Merchandise Value (GMV) exceeding US$1 billion. Both Vestiaire Collective and Tradesy were founded in 2009 with a commitment to further turning the fashion industry more sustainable.

Fashion 130
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Maggie Zhou reflects on Alibaba’s role in the rise of 11.11

Inside Retail

event in 2009 to raise awareness of its then-new B2C e-commerce platform Taobao Mall (now called Tmall). “It Only 27 merchants participated in the 2009 event, though Alibaba still managed to generate over US$10 million in revenue. As the biggest online retailer in China, Alibaba has played a key role in the rise of Singles’ Day.

Gifts 130
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Pritzker Prize-Winning Architect Richard Rogers Dies at 88

VMS

Among his accolades, Rogers’ firm Rogers, Stirk, Harbour and Partners was awarded the Royal Institute of British Architects’ Stirling Prize in 2006 for Terminal 4 at Madrid’s Baraas International Airport, and again in 2009 for London cancer care hospital Maggie’s Center.