As the technology industry sets its sights on wearable computing, it’s time for fashion and luxury brands to take the space seriously, or risk losing highly lucrative real estate on the emerging battleground of the human body.
SAN FRANCISCO, United States — Three influential venture capital firms are teaming up to find and finance entrepreneurs who want to create applications and other accessories for Google Glass. That's an Internet-connected device that is setting out to turn wearable computing into the latest fashion trend.
Guest contributor Rachel Arthur recaps the highlights of this year’s SXSW Interactive conference and identifies key takeaways for the fashion industry.
SAN FRANCISCO, United States — Google Inc began testing a same-day delivery service with retailers in recent weeks, the latest move into Amazon.com Inc's e-commerce turf by the world's largest Internet search company. Google Shopping Express helps local retail stores sell products online and have the items delivered to shoppers the same day, according to a person familiar with the test.
Poland: luxury’s next promised land (FT) “Euromonitor has a report out, and this one’s a doozy: it says Poland is the world’s fourth fastest growing luxury market… ‘Between 2005 and 2010, the [Polish] luxury goods market grew by 50 per cent in real terms, [while] China achieved real growth of 59 per cent over the same period.’” Hannah MacGibbon staying at Chloé (Telegraph) “The gossip mill would
Amble with Louis Vuitton video preview | Source: Louis Vuitton PARIS, France — “As I think about Google’s strategic initiatives in 2011, I realize they’re all about mobile,” wrote the internet giant’s chief executive Eric Schmidt in a recent post on the Harvard Business Review blog. “We are at the point where, between the geolocation capability of the phone and the power of the phone’s browser platform, it is possible to deliver
Mr Porter to Test Men’s Urge to Shop Online (WSJ) “The debut of Mr Porter, the biggest ever launch of a men’s luxury-goods website, will be closely watched by the fashion industry to see whether there are enough active male shoppers to support a fashion site… ‘We know there’s a demand for this,’ says Net-a-Porter founder Natalie Massenet, ‘I don’t think shopping right now really
Haider Ackermann Quits Menswear Collection (Vogue.com UK) Haider Ackermann’s menswear collection, which arrives in store in the New Year, will be his first and last - for now - the designer has revealed. The collection, which was unveiled in Pitto in Florence in June, was picked up by Barneys in New York, as well as several other international boutiques. Google sizes up market for women’s fashion (Detroit News)
Google Debuts Fashion Shopping Site (NY Times) “In a deliberate collision between nerds and fashion mavens, Google has created a new e-commerce site that significantly improves how fashion is presented and sold online. The site, Boutiques.com… may also change how people shop for clothes.” Where Do China’s Luxury Purchases End Up? (Forbes) “While most agree that the newly affluent make some such purchases to
Mr. Ford Returns (Vogue.com) “[Tom Ford] is doing things differently this time. He objects to the way the Internet eats up fashion images before the clothes can be bought. He despises sections of the press. Private and formal are terms he favors now. And he’d rather people didn’t ‘Tom’ him anymore. At 49, he lets it be known he prefers “’Mr. Ford.’” Google targets fashion market (Guardian)
China’s textile firms may face bankruptcy on yuan appreciation (Xinhuanet) “Half of China’s textile firms may risk going bankrupt if the value of the Chinese currency yuan rises 5 percent against the U.S. dollar given the industry’s thin profit margins.” French Court Kicks Google/LVMH Case Back To Appeals (WSJ) “The French Supreme Court Tuesday referred a previous ruling against Internet search