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.
"Saks Fifth Avenue Exposed Personal Info on Tens of Thousands of Customers" (Buzzfeed)
"The personal information of tens of thousands of customers of Saks Fifth Avenue has been publicly available in plain text online."
"Rent The Runway Cofounder Fleiss Bows Out as Company Preps For IPO" (Forbes)
"Rent the Runway cofounder Jennifer Fleiss is stepping down from her executive role at the fashion tech company as it gets closer to an initial public offering."
"Instagram Expands 'Tap to View' Shopping Tags" (The Business of Fashion)
"The Facebook-owned image platform has announced that it is opening the pilot programme to thousands of US retailers in the apparel, jewellery and beauty markets."
"Wal-Mart Launches Tech Incubator to 'Reshape Retail Experience'" (Bloomberg)
"The Silicon Valley incubator will be called 'Store No. 8', a reference to a Wal-Mart location where the company experimented with new store layouts."
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"Swiss Smartwatches Multiply as Makers Hunt Millennials" (Bloomberg)
"With the flurry of new gadgets, watchmakers are trying to attract millennial shoppers in the middle of the longest downturn on record for the Swiss industry."
"Shopify: The Invisible Selling Machine" (Fortune)
"From the unlikely setting of Ottawa, Shopify has quietly been powering an e-commerce revolution."
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.