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.
"Cyber Monday Sales Top $3 Billion as Discounts Spur Buyers" (Reuters)
"Americans bought more than $3 billion worth of goods on Cyber Monday on the biggest ever day for US online sales."
"Luxury Brands and the Social Campaign" (The New York Times)
"Where once a brand could use its marketing campaigns to present a coherent message, the meteoric rise of social media has forced companies to reassess how they use, interact and respond to the likes of Instagram and Snapchat."
"Target to Pay Nearly $40 Million Due to 2013 Data Breach" (Fortune)
"Target has agreed to pay $39.4 million to resolve claims by banks that said they lost money because of the retailer's late 2013 data breach."
"Lawrence Lenihan Leaves FirstMark Capital for Fashion Venture" (The Wall Street Journal)
"Lawrence Lenihan, co-founder of FirstMark Capital, has left the venture capital firm to launch his own business that will help create and operate fashion startups."
"Swatch to Start Selling Mobile Payment Watch in US in 2016" (Bloomberg)
"Swatch Group AG plans to start selling a timepiece that can make contactless payments in the US, Switzerland and Brazil early next year through an agreement with Visa Inc."
The algorithms TikTok relies on for its operations are deemed core to ByteDance overall operations, which would make a sale of the app with algorithms highly unlikely.
The app, owned by TikTok parent company ByteDance, has been promising to help emerging US labels get started selling in China at the same time that TikTok stares down a ban by the US for its ties to China.
Zero10 offers digital solutions through AR mirrors, leveraged in-store and in window displays, to brands like Tommy Hilfiger and Coach. Co-founder and CEO George Yashin discusses the latest advancements in AR and how fashion companies can leverage the technology to boost consumer experiences via retail touchpoints and brand experiences.
Four years ago, when the Trump administration threatened to ban TikTok in the US, its Chinese parent company ByteDance Ltd. worked out a preliminary deal to sell the short video app’s business. Not this time.