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Bits & Bytes | Apple Watch Updates, Flipkart and Snapdeal Sickness, Zalando Aims for $11 Billion

Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Apple Watch | Source: Flickr
By
  • Helena Pike

"Apple Shows Off New Apple Watch Accessories, Including a New Woven Nylon Band" (Tech Crunch)
"Apple CEO Tim Cook today unveiled a new spring lineup of Apple Watch bands as part of the company's smartwatch announcements, which also included a price drop to $299 in an effort to make the Watch more accessible to a wider demographic."

"The Sickness at the Hearts of Flipkart and Snapdeal(Quartz)
"It seems India's biggest e-commerce firms are finally being punished for their ruthless disregard for profits."

"Zalando Aims for $11 Billion in Sales by Seeking Technology Edge(Bloomberg)
"The German e-commerce player is trying to gain market share and boost profitability by building new systems that can make it easier for brands such as Adidas AG or Nike Inc. to sell through Zalando's site."

"Infibeam Plans to Raise as Much as $81 Million in E-Commerce IPO(Bloomberg)
"Infibeam Incorporation Ltd. plans to raise as much as 5.4 billion rupees ($81 million) in an initial public offering as it becomes the first of India's high-profile online retailers to proceed to a share sale."

"Google Could Beat Apple At Fashion — Just Like It Did Phones" (Co.Design)
"In the 20 months since Android Wear originally debuted, Google has enlisted nine tech companies and four fashion labels to produce 18 unique Android Wear watches of their own—and that's not counting a multitude of sizing, colour, and band options."

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