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.
"Browns Acquired by Farfetch as Part of Omni-Channel Growth Strategy" (The Business of Fashion)
"BoF has learned that online marketplace Farfetch has acquired London boutique Browns to develop and test new retail and omni-channel strategies."
"Fitbit in rude financial health ahead of IPO" (The Financial Times)
"When the company filed its prospectus for an initial public offering of at least $100m last week, even seasoned observers of the market were taken aback by the strength of its financial results."
"In Global E-commerce First, India's Largest Fashion Portal Myntra Ditches Website, Goes Mobile-only" (Forbes)
"Fashion portal Myntra owned by India's largest e-commerce firm, Flipkart, will shut its website and go mobile-only through its app."
"Mobile Shopping App Wish Possibly Raised More Than $500 Million, Now Valued At $3 Billion" (Forbes)
"Wish, a mobile shopping application, possibly raised more than $500 million according to financial filings obtained by VC Experts and shared with Forbes."
"Alibaba Boosts Its Stake in Online Retailer Zulily to 9.3%" (Bloomberg)
"Alibaba Group Holding Ltd., China's biggest e-commerce company that held its initial public offering last year, bought $56.2 million of stock in U.S. online retailer Zulily Inc. this week, according to a regulatory filing."
With the industry starting to use the technology for everything from campaign imagery to shopping assistants, it risks replicating biases based on race, body type, age and disability that it has spent years loudly claiming it wants to move past.
BoF’s Marc Bain and a group of panellists break down the state of web3 in fashion and where the technology is headed.
On Wednesday, Montanna became the first US state to ban the social video app TikTok.
Epic Games, creator of the video game megahit Fortnite, and the maker of Clo3D, a popular 3D fashion-design tool, are so aligned in their visions of digital fashion’s future that they bought shares in one another.