The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
Amazon Has Acquired 3D Body Model Startup, Body Labs, For $50M-$70M (TechCrunch)
"Amazon has acquired Body Labs, a company that aims to create true-to-life 3D body models to support various b2b software applications such as virtually trying on clothes. Being able to offer custom fit could give Amazon's private label fashion brands an edge, even as improving sizing predictions."
Spider Silk and Stem-Cell Leather Are the Future of Fashion (Engadget)
"Fashion Tech Labs is an incubator for sustainable fashion trying to break the textile pollution cycle through the development of stem-cell leather and ultra-strong spider-silk-based fibres. The labs grow these technologies to make them accessible and connect them with luxury and big fashion brands."
Over 150,000 Snapchat Spectacles Have Been Sold Since Viral Launch (Nasdaq)
"Snapchat has sold over 150,000 units of its camera-equipped spectacles since its launch last year, far exceeding the company's predictions of the sale of 100,000 pairs. They were distributed for sale through pop-up vending machines in different cities throughout the US."
Amazon's Quest to Become the Next Apple (The Telegraph)
"Amazon is best known for its colossal online retail operation, but its hardware event in Seattle — where several new gadgets were unveiled — was more reminiscent of the product launches held by the likes of Apple."
The algorithms TikTok relies on for its operations are deemed core to ByteDance overall operations, which would make a sale of the app with algorithms highly unlikely.
The app, owned by TikTok parent company ByteDance, has been promising to help emerging US labels get started selling in China at the same time that TikTok stares down a ban by the US for its ties to China.
Zero10 offers digital solutions through AR mirrors, leveraged in-store and in window displays, to brands like Tommy Hilfiger and Coach. Co-founder and CEO George Yashin discusses the latest advancements in AR and how fashion companies can leverage the technology to boost consumer experiences via retail touchpoints and brand experiences.
Four years ago, when the Trump administration threatened to ban TikTok in the US, its Chinese parent company ByteDance Ltd. worked out a preliminary deal to sell the short video app’s business. Not this time.