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.
"Net-a-Porter Founder Quits Mid-Merger With $153 Million Gain" (Bloomberg)
"Net-a-Porter founder and chairman Natalie Massenet has resigned from the online fashion retailer, ahead of its planned merger with Italian rival Yoox."
"Asos Chief to Step Down 15 Years After Founding Fashion Retailer" (Bloomberg)
"Asos Plc, the UK's largest online-only fashion retailer, said chief executive officer Nick Robertson will step down, 15 years after he co-founded the business."
"Apple Smartwatch Rivals Turn Back the Fashion Clock" (The Financial Times)
"Apple's rivals in the smartwatch market have hit on a new idea to win over consumers: make devices that look like traditional timepieces."
"Should Fashion Companies Let Social Media Influence What's Hot and What's Not?" (The Independent)
"'Brands need to evolve from the positive, rather than just churning out what has been popular, or the customer will get bored.'"
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"Vestiaire Collective Raises $37 Million to Fund Global Expansion" (The Business of Fashion)
"Luxury resale site Vestiaire Collective has raised a $37 million Series D round to ramp up global expansion."
"Obama Administration To Open Wearable Tech R&D Center In Silicon Valley" (Fast Company)
"The White House and the Department of Defense are working with the private sector to build flexible, wearable electronics."
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.
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.