Snap Inc.’s new global head of fashion and beauty partnerships is tasked with helping brands such as Prada, Dior and American Eagle harness augmented reality so that the social platform is more shoppable.

The new version of Snap Inc's eyewear will be able to capture photos and videos and upload them directly to Snapchat, as the company works to develop its augmented reality features.

Chief executive Ben Silbermann likes to project a more virtuous, less competitive vision of Pinterest, but investors will still be scrutinising its advertising model.

This week, Bergdorf Goodman announces its new chief operating officer, while LVMH appoints Delphine Arnault to its executive committee.

This week, the Fédération de la Haute Couture et de la Mode reelects Ralph Toledano as president, while Snap nominates Glossier's Poppy Thorpe as director.

Lightspeed — the first outside investor in Snapchat — is eyeing expansion to Southeast Asia and wants to add investments in start-ups from cryptocurrency to beauty supplies.

The company behind Snapchat wants to break even and reach profitability in 2018.

The company reported fourth-quarter revenue that beat the highest analyst estimates.