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(Reuters) - Soletron, a start-up backed by former Adobe Systems Chief Executive Bruce Chizen, is building an online marketplace for streetwear and sneakers, a market that is worth almost $60 billion by one estimate.

Soletron, run by Shane Robinson and Allen Steigman, raised about $250,000 from angel investors including Chizen in early 2011 and launched its market in November. The ...

NEW YORK (Reuters) - The trustee liquidating failed brokerage MF Global said on Thursday he has completed a third transfer of some $1.7 billion in customer property as he works to return about 72 percent of frozen client funds.

The total amount of the third tranche is $2.1 billion and the remaining $400 million will be transferred in the ...

Italian designer Giambattista Valli is to join the exclusive club of haute couture fashion, showing a spring-summer collection in Paris next month, organisers said Monday.

A Paris commission including existing haute couture labels has awarded the 45-year-old designer the coveted appellation, France's fashion federation said in a statement ahead of the January 23-26 shows.

Haute couture exists only in ...

A week-long auction in New York of the late Elizabeth Taylor's vast collection of luxury dresses, jewels and art works wound down Friday with total sales topping $153 million.

The final round of live sales at Christie's saw movie memorabilia snapped up at prices many times higher than pre-sale estimates.

A folding wood-and-leather director's chair for the ...

It's a scene that plays out thousands of times a day on the Strip: Tourists rip open hotel room soaps, pop open complimentary bottles of shampoo, conditioner and body wash, and use them once or twice. Then they leave, and the amenities sit half-full on a bathroom counter.

Not so long ...

Tunisian couturier Azzedine Alaia, whose army of devotees have spared him the need for runway shows, put a decade of his creations on display in a rare show in the Netherlands this week.

A coy man who shot to fame in the 1980s with his clingy, glamourous creations adored by fashionistas and celebrities from all walks -- including the likes of ...

A huge pearl once worn by European royalty and last owned by Hollywood siren Elizabeth Taylor sold for a record $11.84 million at a blockbuster auction in New York on Tuesday.

"La Peregrina," depicted in art works over the centuries and coveted by kings and queens, was bought for Taylor by her actor husband Richard Burton in 1969.

Suspended ...

SEOUL (Reuters) - North Korean heir-apparent Kim Jong-un's slicked-back, high-sided haircut is a fashion hit in Pyongyang where young men are apparently queuing up for a similar cut.

Kim, believed to be in his late 20s and known as the "Young General," is packaged to look like his late grandfather, the secretive state's founder, Kim Il-sung.

The chubby youngest ...

PARIS (Reuters) - Dior, the French fashion house part of the LVMH group, is in talks with Belgian designer Raf Simons to become the brand's chief designer, Women's Wear Daily reported on Tuesday.

Dior has been without a lead designer since March after sacking John Galliano for making anti-semitic remarks in a Paris bar. The fashion house's collections ...

Flashing bright green contact lenses and fake eyelashes, Li Xingyi struts through a shopping centre in southwest China clutching a Louis Vuitton bag and wearing a red fur coat.

The 25-year-old entrepreneur is one of a growing number of Chinese living outside the booming metropolises of Beijing and Shanghai who can afford to splash out on expensive designer brands and ...