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Bits & Bytes | LVMH Says No to Amazon, Pay By Nodding

This week, LVMH says it will never sell on Amazon and Alibaba allows VR customers to pay by nodding.
Illustration: Costanza Milano for BoF
By
  • Helena Pike

"LVMH Says No Way Will it Do Business with Amazon" (Reuters)
"'The business of Amazon does not fit with LVMH full stop and it does not fit with our brands,' said LVMH chief financial officer Jean-Jacques Guiony."

"Alibaba's New Payment System Lets Virtual Reality Shoppers Pay by Nodding" (Reuters)
"Alibaba Group Holdings' finance arm on Wednesday demonstrated a payment service that will allow virtual reality shoppers to pay for things in future just by nodding their heads."

"Why Chat May Be King Of The New Mobile Landscape" (Fast Company Design)
"Tech giants and hopefuls alike are betting on messaging apps — and conversational interface — as the future of mobile."

"How Marketing Changes When Shopping Is Automated" (Harvard Business Review)
"What does marketing look like in a world where your machines talk to their machines?"

"Everlane Is Thinking About Adding New Stores" (Fashionista)
"There is a set of customers that wants to touch product before they buy it, and that's not something that we can change."

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