Google-Backed Report Says Turkey’s Online Business Will Surge

ISTANBUL, Turkey — Turkey’s Internet economy will probably grow at 19 percent a year until 2017 as Turkish companies embrace Web-based business, according to a report sponsored by Google Inc. Turkey’s Internet economy will grow to 2.6 percent of gross domestic product, or 64.3 billion liras ($35.7 billion), by 2017 from 1.7 percent and 22 billion liras in 2011, Boston Consulting Group Inc. said in the report. In 2011, Turkish consumers spent about 8.8 billion liras on Internet access and charges, and more than 4.4 billion liras on e-commerce. “Consumption is expected to be the largest driver of growth, primarily through an increase in e-commerce following a rise in broadband and Internet user penetration,” according to the report. In a more…

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Pinterest Offers New Tool, Lays Foundation for Monetisation

Pinterest Screen Shot | Source: Pinterest

SAN FRANCISCO, United States — Online scrapbook Pinterest is rolling out new tools that will show businesses the number of visitors it delivers to their websites, part of the fast-growing start-up's efforts to build a base for the introduction of money-making features.

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Armed With New Site, Proenza Schouler is Building a Luxury Brand for Today

Still from Proenza Schouler's S/S 2013 video

Perhaps more than any other label, Proenza Schouler have proven that it’s not only possible but powerful to cultivate an unmistakably high concept, luxury fashion brand and embrace contemporary Internet culture at the same time.

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Inditex E-Commerce Sales Soar

Zara store | Source: Courtesy

LONDON, United Kingdom — According to an estimate released this week by Credit Suisse, Inditex, the Spanish company that owns ‘fast fashion’ giant Zara, will achieve online sales of over 600 million euros in 2013, almost double that of 2012, the results of which will be announced next week.

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With 3-D Printing, New Balance Running Customisation in New Direction

New Balance custom spike plates | Source: Associated Press

NEW YORK, United States — New Balance is taking customisation much further than choosing colours or other aesthetic details: The athletic brand is introducing a track-specific running shoe that uses 3-D printing to create a plate on the sole of the shoe that is supposed to enhance performance with every step.

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The Long View | Lucy Yeomans Says It’s Time to Change the Rules of Fashion Media

Lucy Yeomans | Source: Net-a-Porter

Net-a-Porter editor-in-chief Lucy Yeomans talks to BoF about her decision to leave Harper’s Bazaar, blending commerce and content, her vision for Net-a-Porter’s new editorial presence, separation of church and state, the global fashion consumer and building the fashion magazine of the future.

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KCD’s Digital Fashion Shows to Open to Consumers

Screenshot of DigitalFashionShows.com | Source: KCD

NEW YORK, United States — The digital arm of public relations company KCD has announced that Digital Fashion Shows, the firm’s previously industry-only, streaming fashion show platform, will offer ‘front row’ access to members of the public, starting this season. During the upcoming New York collections, the platform will present the Alexander Plokhov, Peter Som and Pierre Balmain shows. Additional clients are set to launch during

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