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.
How Will Google Bust into Brick and Mortar? (Retail Dive)
"Last week, unnamed sources told The Chicago Tribune that the tech giant was mulling a two-level 14,000 square foot space in the city's meatpacking district. A commitment to a physical store of its own will make a brick-and-mortar strategy critical."
How Analytics and Digital Will Drive Next-Generation Retail Merchandising (McKinsey & Company)
"Many of the core merchandising responsibilities at leading retailers could be almost entirely automated in the near future. A seamless, customer-centric, omnichannel approach will be key to engaging customers across multiple formats. There is a critical need for digital-talent management."
How a Makeup Mogul Built a $1 Billion Business on Instagram (Bloomberg)
"Last year, Huda Kattan sold a minority stake in her brand to TSG Consumer Partners LLC, a company known for investing early in hit beauty products. That makes her the first social media beauty influencer to attract private equity money."
AR Tops List of Future Shopping Experiences (Retail Dive)
"Future retail technology trends will focus on customers' ease of shopping while transforming the shopping experience. The technology will also help to bolster retailer's brick-and-mortar efforts with the growth of online channels."
Read My Lips: The Rise and Rise of Photo-Editing (1843 Magazine)
"FaceTune launched in 2013 and counts 40m daily active users, a majority of them female. FaceTune says its most frequently used tools are teeth whitening, skin smoothing and reshaping the face or facial features, such as slimming a jawline or nose."
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.