Goldman Sachs

It seems Goldman Sachs is not the only financial powerhouse interested in investing in what they have termed the “N-11” countries. This morning Kleiner Perkins, the Palo Alto-based venture capitol firm that has become synonymous with internet investing has announced it is fronting $13 million worth of series four money funding for, the fastest growing, biggest fashion etail site in Turkey. This has some very frightening implications for traditional designers and retailers. Read more

Barely one week into the new year (happy 2011) and already there’s a promising development on the fashion front lines: a new political spouse to get designer’s hearts a-fluttering and send consumers rushing into shops to copy her look. Forget Mrs O, Sam Cam, and Carla B. Think Marcela Temer!

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