the-appearance Archives

Online store merger prods luxury goods makers toward Internet

April 23, 2015 admin 67th, aishwarya, child, milan, online-fashion, pascale, stroll-past, the-appearance, the-world, thomson-reuters, world

By Astrid Wendlandt and Pascale Denis PARIS (Reuters) – The merger of the world's two biggest online fashion stores, Net-a-Porter (NAP) and Yoox, sends a warning to luxury brands to embrace the Internet with more vim after years of resistance. “It looks like they are scared to try things out.” Sharma said many brands' websites mimicked the appearance of Net-a-Porter's black-and-white portal.

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As Amazon parties on, some large fund managers take their leave

April 23, 2015 admin 67th, been-climbing, cash-branching, greatest-number, online-fashion, own-smartphone, pascale, price-growth, the-appearance, the-world, thomson-reuters, time, woody-allen

The average large-cap fund that holds Amazon has 1.4 percent of its assets in the stock, down 23 percent from this time last year, according to the latest available Lipper data. They include such well-known names as Fidelity Contrafund, Washington Mutual Investors Fund, Touchstone Sands Select Growth fund and the T.