In recent years, we’ve seen a veritable renaissance in online fashion retail, with venture money pouring into fashion e-commerce companies with a wide range of models. In the first of a series of articles on the current state of fashion e-commerce, sponsored by e-commerce software and platform solutions company Magento, BoF examines some of the models getting the most traction.
As money pours into fashion-tech start-ups, at sky high valuations, BoF talks to leading investors to assess the existence of a bubble and understand what separates winning investments from those that are failing.
BoF editor-in-chief Imran Amed recaps the week’s top developments in the business of fashion.
Today BoF founder Imran Amed examines the fruitful interaction between London’s rising technology and fashion scenes for Wallpaper* magazine, where a version of this article first appeared. LONDON, United Kingdom — London is a gilt-edged global hub for art and commerce. An undisputed heavyweight champ. But it is now also a genuine tech contender, a rise up the ranks that has been rapid and more than a little unlikely. When David
LONDON, United Kingdom — Today, BoF can exclusively reveal that curated fashion marketplace Farfetch.com has raised a new $18 million round of funding from Index Ventures, eVenture Capital Partners and existing investors Advent Venture Partners, bringing the total amount of capital the company has raised to date to almost $25 million. The valuation of the company in this latest round was not disclosed. Founded in 2008, the
LONDON, United Kingdom — Everyone now acknowledges the importance of online retail in fashion. But how does a small fashion boutique, with limited resources break into the e-commerce game? The costs of building and maintaining a top-quality site can be prohibitive, not to mention the operational challenge of managing deliveries and returns. What’s more, with everyone piling in to the fashion e-commerce game, there is so much
LONDON, United Kingdom — London, of course, is widely known in the fashion world for its unbridled creativity and superb emerging fashion talent. But, increasingly, it could also be described as fashion’s Silicon Valley, with a growing number of innovative fashion ecommerce startups sprouting in the city, following in the footsteps of the ultimate luxury e-tailing pioneer, Net-a-Porter.com. During my visit to Vienna
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
David Lindsay, senior vice president of technology at Farfetch, says as a business grows, the lead tech role becomes as much about marketing, business understanding and product management as it is about pure technology.