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 Shoptiques' 30-Year-Old CEO Is Using Tech to Take Indie Boutiques Global (and Make Millions)" (Forbes)
"The startup has raised $3 million to date from top investors like Andreessen Horowitz, Greylock Partners, Benchmark, SV Angel, William Morris Endeavor Agency and Y Combinator."
"Myntra to Unveil New Social App" (The Times of India)
"The Flipkart-owned online fashion retailer is aiming to double the gross merchandise value of goods sold on the platform to $1 billion in 2016. Mantra shut its website and moved to an app-only platform in May this year."
"Le Tote's Clothing Rentals App Lets You Seek Out New Outfits From Your iPhone's Search Screen" (TechCrunch)
"Online shoppers looking to spice up their wardrobe on a more regular basis can now download a new app from Le Tote, a 'Netflix-for-clothing' type of service backed by Andreessen Horowitz, Google Ventures and others, which launched to the public this week."
"Baublebar and Jawbone Collaborate on a Bracelet for the Wearable Tech Market" (Fashionista)
"This type of partnership is a first for both companies — Jawbone with a jewelry brand, BaubleBar with a tech brand. The two were introduced by their joint investor, Chris Burch."
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.