Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Though tens of millions of dollars of investment has poured into the space, fashion recognition apps have yet to fulfill their original promise.
With a few notable exceptions, luxury brands remain slow in building digital capabilities, revealed a report released by Exane BNP Paribas.
Start-up founders are natural multitaskers. But for Mukesh Bansal — founder and chief executive of Myntra, India’s leading fashion e-commerce player — building a winning business required the focus to resist doing too many things at once, while finding the right blend of fashion and technology.
French luxury group LVMH’s watch brand TAG Heuer has plans to launch its own smartwatch, the head of its watch business told a Swiss newspaper.