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.
"Fashion 'Unicorn' Farfetch Raises $86 Million at $1 Billion Valuation" (The Business of Fashion)
"Curated fashion platform Farfetch has raised $86 million in a Series E round valuing the company at $1 billion, making it a rare fashion 'unicorn.'"
"Etsy Aims to Raise $100m in IPO" (The Financial Times)
"Etsy, the online craft goods marketplace, has filed to go public on Nasdaq, planning to raise at least $100m."
"The Apple Watch Gets 12 Pages in Vogue" (Fortune)
"Of course Apple would launch the marketing campaign for its first wearable computer in the March issue of Vogue — the one in which all the fashion houses that matter launch their spring collections."
"Former Apple Retail Boss Ron Johnson Leads $16 Million Investment in Nasty Gal" (Re/Code)
"Online retailer Nasty Gal is gearing up for its brick-and-mortar moment and has brought in former Apple retail boss Ron Johnson to help guide the way."
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"Fab.com's Fire Sale Is Official" (Re/Code)
"Fab.com finally has a new home. PCH International, a company that helps startups design and manufacture hardware products, has announced that it has purchased the shopping site that was the one-time darling of venture capitalists and design aficionados alike."
"AnOther Magazine to Launch Digital Cover Developed With PCH" (The Business of Fashion) "AnOther Magazine is set to unveil a digital magazine cover, developed with Irish entrepreneur and supply chain guru Liam Casey's company, PCH."
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.