PPR acquires Brioni

PPR, owners of Gucci, Bottega Veneta, Yves Saint Laurent, Alexander McQueen, Balenciaga, and many more, continue to expand in the fashion world. Their latest acquisition, announced just minutes ago, is the famed tailoring house Brioni.  Founded in 1945, Brioni is renowned for it’s wonderful sartorial knowledge and flawless execution of such knowledge. It’s a brand that is equally loved by…
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Hautelook to be bought by Nordstrom for $270 million

Well is this Nordstrom trying to send a statement that they are getting serious about online sales or what? An investment of a few hundred million sure would lead you to believe it’s so.  It was announced this morning that Nordstrom Inc. is purchasing the online “flash sale” website, Hautelook, for a massive $270 million! This is the first retailer…
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