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Bits & Bytes | Rocket Internet Loses Managers, Smart Fabrics, Zappos Exodus

Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Rocket Internet | Source: Reuters
By
  • Kate Abnett

"Rocket Internet Faces New Setback with Loss of Senior Managers" (Reuters)
"Germany's Rocket Internet is losing two senior managers in the latest setback for a company that a year ago was considered one of Europe's best hopes for competing with global tech giants."

"The Future of Wearables Is Smart Fabrics, Says Business of Fashion Founder" (Wired)
"As technology continues to advance in areas such as material science and nanotech, the real opportunity may be in so-called smart fabrics."

"The Zappos Exodus Continues After a Radical Management Experiment" (The New York Times)
"Zappos, the online shoe retailer experimenting with the radical self-management system Holacracy, is continuing to hemorrhage employees."

"Threadflip Closes Shop As Secondhand Clothes Startup Market Consolidates" (Forbes)
"The race to reinvent eBay has one less participant after secondhand clothing startup Threadflip announced on Tuesday that it would be shutting down."

"Burberry Debuts on Apple TV with Menswear Fashion Show" (Mashable)
"On January 11 Burberry celebrated the launch by using the platform to live stream its fall 2016 menswear show. This was the first time a luxury label has broadcasted a fashion show in real time on the app."

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