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.
"Glamsquad Raises $7 Million for On-Demand Hair Styling and Beauty Services" (TechCrunch)
"New York-based Glamsquad, an on-demand beauty business now headed by Gilt Groupe co-founder Alexandra Wilkis Wilson who joined earlier this year as co-founder and CEO, has now raised $7 million in Series A funding in a round led by SoftBank Capital."
"How Condé Nast is Planning Its Move into E-commerce" (Internet Retailing)
"Condé Nast International will next year start to use e-commerce to sell goods to readers of its magazines."
"Japan's Rakuten Ramps Up Globally" (TechCrunch)
"Rakuten, Japan's e-commerce powerhouse, is taking another step in its ambitions to be a global player on par with the likes of Amazon and Alibaba."
"Venture Investors Get Fashion Fever As Early Stage Deals Soar" (TechCrunch)
"Venture investors have spent nearly $800 million in fashion-related deals so far this year, over half of which are seed stage fundings for young startups."
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"Myntra to Open London Office for European Foray" (The Economic Times)
"Bangalore-based online fashion retailer Myntra is in the process of setting up an office in London and plans to expand to New York in about a year."
"Snapdeal Forays into Premium Designer-Wear Segment" (The Economic Times)
"Aiming to garner $1 billion sales from fashion category, online marketplace major Snapdeal has partnered with Fashion Design Council Of India (FDCI) to foray into premium designer-wear segment."
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.