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Bits & Bytes | Luxury's Digital Destiny, Bloggers, Shopify

Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Intel’s MICA bracelet | Photo: Collier Schorr for Intel
By
  • Kate Abnett

"Op-Ed | Luxury Must Take Hold of Its Digital Destiny" (The Business of Fashion)
"The luxury sector must take hold of its digital destiny by innovating from within and delivering new tech-infused products rooted in emotion, argues Daljit Singh."

"How Bloggers Make Money on Instagram" (Harper's Bazaar)
"On average, if you have hundreds of thousands of followers you can make anywhere from $500 to $5,000 a post, but if you have upwards of 6 million followers, your fee can be $20,000 to $100,000 a shot."

"Shopify Valued at $1.27 Billion at IPO" (Reuters)
"Canadian e-commerce software maker Shopify Inc said its U.S. initial public offering was priced at $17 per share, valuing the company at about $1.27 billion."

"L'Oreal's Plan to Start 3D Printing Human Skin" (Bloomberg)
"L'Oreal has announced it's partnering with bioprinting startup Organovo to figure out how to 3D print living, breathing derma that can be used to test products for toxicity and efficacy."

"Etsy Stock Crashes 15% after Catastrophic First Earnings Report" (Mashable)
"In its closely watched first earnings report as a public company, the online marketplace for handcrafted goods created a big disappointment, posting an enormous net loss of $36.6 million for the quarter."

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