The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
"Pinterest Valuation at $11 Billion After New Round of Fund-Raising" (The New York Times)
"Less than a year after being valued at $5 billion, Pinterest has joined the 11-digit valuation start-up club."
"Are "Smart" Clothes the Wearables of the Future?" (Re/Code)
"While much of the tech media have been feverishly reporting on wristbands and smartwatches over the past few years, some companies in this space have been more focused on getting sensors into the items we already put on everyday."
"Salerooms Raise Digital Stakes in Search for Growth" (The Financial Times)
"Traditional luxury companies including the big auction houses, have lagged behind the likes of Amazon because they were focused for a long time on China, their greatest source of growth in recent years."
"Glamour's the Next Women's Magazine to Get Into E-Commerce" (Racked)
"The e-commerce program will begin in the US and UK first and then branch out to all of Glamour's international markets."
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"Wearable Drones Invade SXSW as Fashion Meets Technology" (Bloomberg)
"As electronic components become smaller and manufacturing gets cheaper, sci-fi fashion is inching closer to reality."
"Tag Heuer to Unveil Smartwatch at Baselworld" (Reuters)
"Tag Heuer plans to unveil a smartwatch on Thursday among a wave of partnerships expected at the world's biggest watch fair this week as luxury watchmakers fight back against Apple."
It’s been a tough year for luxury e-commerce — but a crop of smaller marketplaces are beating the odds with a focus on emerging accessible luxury brands and a firmer grip on operating costs.
The nature of livestream transactions makes it hard to identify and weed out counterfeits and fakes despite growth of new technologies aimed at detecting infringement.
The extraordinary expectations placed on the technology have set it up for the inevitable comedown. But that’s when the real work of seeing whether it can be truly transformative begins.
Successful social media acquisitions require keeping both talent and technology in place. Neither is likely to happen in a deal for the Chinese app, writes Dave Lee.