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.
"Moda Operandi's Co-Founder Is Shutting Down Tinker Tailor" (Racked)
"Aslaug Magnusdottir's Tinker Tailor, which specialized in customizable pieces, will cease operations and no longer take orders."
"Apple Plunge Erases $38 Billion as Product Concern Resurfaces" (Bloomberg)
"Apple Inc. shares tumbled, wiping out $38 billion in market value, after disappointing iPhone sales rekindled concerns over whether the company can keep making must-have products."
"Malte Huffmann of Dafiti on Cracking Fashion E-Commerce in Latin America" (The Business of Fashion)
"In the latest instalment of Founder Stories, Malte Huffmann of Rocket Internet-backed Dafiti talks to Vikram Alexei Kansara about building the biggest fashion e-commerce player in Latin America."
"Rocket Internet Says Portfolio Value up 47 Percent from IPO" (Reuters)
"Germany's Rocket Internet said the last portfolio value of its stable of e-commerce investments had risen by 2.3 billion euros ($2.5 billion), or 47 percent, by the end of June from its stock flotation nine months ago."
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"Instagram Poaches Former Lucky Editor-in-Chief Eva Chen in New Fashion Role" (Mashable)
"Chen is joining Instagram at the end of July as its head of fashion partnerships, officially extending the social media platform's reach to designers and brands."
"Ebay-backed Asian E-commerce Company Giosis Lands $82.1M Series A" (TechCrunch)
"Giosis, the eBay-backed company behind e-commerce platform Qoo10, will boost its operations in Asia after landing a $82.1 million Series A led by Singapore Press Holdings (SPH)."
"'Tinder for Fashion' App Mallzee Secures £2.5m in Growth Capital, Blowing Dragons' Den Valuation Out of the Water" (The Telegraph)
"Mallzee, the shopping app described as the "Tinder for fashion" has raised £2.5m to increase its user base from 'hundreds of thousands' to 1m by the end of the year."
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.
TikTok’s first time sponsoring the glitzy event comes just as the US effectively deemed the company a national security threat under its current ownership, raising complications for Condé Nast and the gala’s other organisers.
BoF Careers provides essential sector insights for fashion's technology and e-commerce professionals this month, to help you decode fashion’s commercial and creative landscape.