Luxury brands should take a page from technology companies like Apple and adopt ‘ecosystem models’ to develop new markets, channels and products, advises a recent report by The Boston Consulting Group. BoF investigates.
Today, BoF can report that Paris-based online product discovery platform Rad has raised €2.5M in a Series A round of funding led by Index Ventures.
NEW YORK, United States — Fab.com Inc. said it raised $150 million from investors including China’s Tencent Holdings Ltd., valuing the 2-year-old online retailer of uniquely designed home goods at about $1 billion.
The rise of emotionally-aware or ‘affective’ computing is set to change the way machines understand and interact with people. BoF speaks with Rana el Kaliouby, co-founder and chief technology officer of MIT-spinoff Affectiva, to understand what’s possible and the implications for the business of fashion.
HONG KONG, China — Goldman Sachs has joined Alibaba Group's $8 billion loan with $500 million in financing as the Chinese e-commerce giant prepares for a massive initial public offering expected to come as early as the fourth quarter of this year.
RANCHO PALOS VERDES, United States — Mary Meeker has attained almost legendary status for her annual Internet Trends reports. Yesterday, the former Wall Street technology analyst, now a general partner at venture capital firm Kleiner Perkins Caufield & Byers, published her latest report on the state of the web, covering aggressive momentum in mobile, the rapid emergence of new technology platforms, including wearable computing, and
HONG KONG, China — Chinese conglomerate Fosun International Ltd said it has teamed up with Alibaba Group Holding Ltd and other parties in a logistics project valued at about 5 billion yuan ($816 million).
For a large number of international apparel brands, the route into China’s fast-growing e-commerce market often involves Tmall. BoF investigates.
RANCHO PALOS VERDES, United States — Speaking yesterday at the All Things Digital conference, Apple CEO Tim Cook said the company would release “several more game changers” like the iPod, iPhone and iPad, hinting that wearable devices could be among them.
As 3D printing systems become better and cheaper, the designer eyewear market may soon start to feel the effects, with potentially wide-ranging implications, from product development to counterfeiting.
Credit Suisse has issued a report on the rise of the wearable technology market, which, it says, has hit “an inflection point” and will have “a significant and pervasive impact on the economy,” reaching $30-$50 billion over the next 3-5 years.