Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
A New York-based startup aims to drive sales by integrating user-generated photos posted to Instagram, Twitter and Facebook directly into e-commerce sites.
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.
NEW YORK, United States — Rent the Runway, a website that rents out high-end clothing and accessories to consumers for a few days at a time, has announced a new $24.4 million round of financing.
In Part I, we examined the innovations and infrastructural advances that have improved the historically poor economics of e-commerce and set the stage for a renaissance in online retail. Today, we explore some of new and exciting business models taking shape, the companies exploiting them and the challenges they face. SAN FRANCISCO, United States — For years, e-commerce suffered from capital inefficiencies and complexities that
Interior Motives (WSJ) “Among other things, this spring could be known as the season when the term ‘fashion insider’ takes on a new meaning. That’s insider as in interior, as in interior decoration. As in a print of a Baroque molding blooming out of the bodice of a striped Prada dress, or Rodarte’s collection of grainy faux-bois tops and skirts inspired in part by Stephen Shore’s photographs of
Menswear’s Formal Acceptance (WSJ) “Jeremy Langmead, editor in chief of the recently unveiled men’s retailing website Mr Porter, thinks the tailoring turnaround heralds a return to the desire for rules. ‘If you have parents who grew up in the ’60s and ’70s, they already rejected all the rules where dressing was concerned. This is a new generation who is interested in learning how to tie a Windsor
PPR Chief to Run Gucci Himself (NY Times) “The French luxury magnate François-Henri Pinault said… he would personally take charge of Gucci Group as he reorganizes its parent company to focus on the most profitable businesses. Robert Polet, who has headed Gucci since 2004, will be stepping down in a few weeks… Mr. Pinault also said Paul Deneve would replace Valérie Hermann as chief executive of Yves Saint