F-NEWS Editor's Pick

Pinterest Raises $100 Million

Pinterest, the social bookmarking site that is popular among Mormons, brides-to-be and Barack Obama, just got richer.

The site, which allows users to share photographs, recipes and other media on custom “pinboards,” raised $100 million in a funding round led by the Japanese e-commerce company Rakuten, according to an announcement on Thursday.

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In today’s global fashion ecosystem, New York and London are veritable hotbeds of emerging designers.
At BoF, we’ve been ranking the top fashion films of the season since 2009, when the genre was still just coming into existence. But even back then, set against the staggering rise of online video consumption and the growing importance of engaging young digital consumers, the medium’s tremendous potential was clear.
Cie. Financiere Richemont SA (CFR), the second-biggest luxury goods company, reported full-year profit that beat analysts’ estimates as sales were boosted by buoyant demand for high-end goods in the Asia-Pacific region.
France is poised to inaugurate its new Socialist president with all the pomp and ceremony the Republic can muster. So tonight in Versailles Karl Lagerfeld nipped in first, with a majestic,