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Bits & Bytes | Amazon Fashion, Gilt Groupe, Moda Operandi, Pinterest

Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
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By
  • Kate Abnett

"Jeff Bezos Makes Another Push for Amazon Fashion. Will It Work?(Bloomberg)
"Amazon has, in recent years, pushed to enter the world of designer fashion, selling clothing, shoes, handbags, and accessories from pricey brands with luxe reputations."

"With IPO on Hold, Gilt Groupe Raises $50 Million Investment" (Re/Code)
"The online retailer, which sells fashion apparel at discount prices in so-called flash sales, has raised a new investment of around $50 million."

"Moda Operandi Raises Another $60 Million(Fashionista)
"The online trunk show startup is gearing up for big growth, including a revamped version of its site launching this spring."

"Pinterest Reportedly Eyes $11 Billion Valuation" (Mashable)
"Pinterest is in talks to raise $500 million worth of funding, expected to increase the value of the photo bookmarking site to $11 billion, according to a report."

"Apple Orders More Than 5 Million Watches for Initial Run" (The Wall Street Journal)
"Apple has asked its suppliers in Asia to make a combined five to six million units of its three Apple Watch models during the first quarter ahead of the product's release in April."

"British Brands Enabling Fans To Shop Real-Time #LFW Trends" (Forbes)
"Brands including Hunter Original and Topshop will push current stock in a big way when London begins from Friday."

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Inside the $7 Billion Dior Phenomenon