YNAP, Farfetch, Matchesfashion and Mytheresa.com are raising the bar in online retail.
The first half saw a flurry of major and minor M&A activity, designer dramas — and disappointments.
Avenue 32 was backed by Germany’s Benteler Group, which makes steel tubes, components and systems for the auto industry.
The company guided 36 to 40 percent year-over-year sales growth for the third quarter.
Sewell had been fashion director of Style.com, which Farfetch purchased in June.
China’s largest e-commerce player is making moves into the country’s booming online luxury space.
Saint Laurent will be the first brand to benefit from Farfetch’s new deal with JD.com.
If nothing else, the rumors show just how the big digital players are taking on the mantle of consolidator.