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.
"Op-Ed | Bitcoin is Good Money" (The Business of Fashion)
"If you acknowledge that money is simply a language to communicate value, you quickly realise that bitcoin stacks up well, argues Nick Tomaino."
"Lifestyle Brands are Acquiring Their Way to Becoming Tech Companies" (Quartz)
"In the fall Under Armour overtook Adidas for the first time in sportswear sales, but the athletic apparel and gear company is still far behind Nike."
"Michael Kors Is Getting Into Wearable Tech" (Bloomberg)
"The fashion label—known for its MK print handbags that try to embody "jet-set" glamor—told analysts that it has plans for wearable technology and would announce specifics in the 'next few months.'"
"Amazon.com Rival Jet.com Raises $140 Million in New Funding" (Bloomberg)
"Jet.com Inc. raised $140 million in a new funding round before rolling out its service, building up its cash hoard to take on rival Amazon.com Inc."
"Clothing Rental Startup Le Tote Lands $8.8M In Series A Funding" (TechCrunch)
"The "sharing economy" has been a buzzy concept for several years now — but if startup investor activity is any indication, the trend isn't going anywhere any time soon."
It’s been a tough year for luxury e-commerce — but a crop of smaller marketplaces are beating the odds with a focus on emerging accessible luxury brands and a firmer grip on operating costs.
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.