Skip to main content
BoF Logo

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Bits & Bytes | Apple and Wearables, Mukesh Bansal, Rocket Internet, Zalando Underwhelms

Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
By
  • Kati Chitrakorn

"Apple Watch, Smartwatches and the Wearables Fashion Gap" (The Guardian)
"The company's campaign has conspicuously avoided the term 'smartwatch' – its staff haven't uttered the word, it doesn't appear in any literature – in a bid to avoid comparisons with its technology competitors. Instead, Apple is aligning itself with the traditional world of mechanical watches and jewellery."

"Mukesh Bansal, Online Fashion Guru to India's Masses" (The Business of Fashion)
"Start-up founders are natural multitaskers. But for Mukesh Bansal — founder and chief executive of Myntra, India's leading fashion e-commerce player — building a winning business required the focus to resist doing too many things at once, while finding the right blend of fashion and technology."

"Rocket Shares Fall After Germany's Biggest IPO Since 2007" (Bloomberg)
"Rocket Internet AG, the German company known for replicating businesses from Groupon Inc. to Airbnb Inc., fell on its first day of trading after completing the biggest initial public offering in Germany since 2007."

"Zalando Underwhelms on Frankfurt Debut" (The Financial Times)
"Zalando left investors underwhelmed after the online fashion retailer made its debut on the Frankfurt stock exchange, with shares losing their earlier froth to close just above their starting price."

ADVERTISEMENT

"Selfridges in £40 Million Website Revamp" (The Independent)
"Selfridges is the latest upmarket department store to step up its online investment in the face of global competition. Selfridges is to invest £40m on its website to 'future-proof its multichannel business' – the biggest single investment in Selfridges.com since it launched."

"EBay Going It Alone Challenges CEO Wenig in Competitive Market" (Bloomberg)
"EBay Inc.'s separation from PayPal casts the online marketplace into an environment where the stakes are much higher as Amazon.com Inc. and Alibaba Group Holding Ltd. battle for global supremacy."

© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from Technology
Analysis and advice on how technology is disrupting fashion and creating new opportunities.

Is Generative AI the New Fashion-Tech Bubble?

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.


Op-Ed | Who Could Buy TikTok?

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.


view more

Subscribe to the BoF Daily Digest

The essential daily round-up of fashion news, analysis, and breaking news alerts.

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
The Business of Beauty Global Forum
© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions, Privacy Policy, Cookie Policy and Accessibility Statement.
The Business of Beauty Global Forum