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Bits & Bytes | Swatch, Retail, Apple, Google Glass, Depop

Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Swatch spring/summer 2015 collection | Source: Swatch
By
  • Kate Abnett

"Swatch Plans Smartwatch to Compete with Apple Watch(Bloomberg)
"Swatch Group AG plans to start selling a smartwatch in the next three months, potentially pitting the Swiss maker of colorful plastic timepieces' debut directly against Apple Inc.'s Apple Watch."

"Op-Ed | The Future of Retail is the End of Wholesale" (The Business of Fashion)
"E-commerce will rapidly reshape the entire economic model of retail, spelling the end of wholesale, argues Doug Stephens, founder of Retail Prophet."

"Apple Stores Will Implement Jewelry Store Practices To Help Sell The Apple Watch" (TechCrunch)
"Apple selling the Apple Watch will be a big change for the iPhone-maker, and it is reportedly switching up its retail game to accommodate the new wearable."

"Why Google Glass Broke(The New York Times)
"Google Glass didn't just trickle out into the world. Instead, it exploded with the kind of fuss and pageantry usually reserved for an Apple iSomething."

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"Social Shopping App Depop Raises $8M, Hires Ex-Reddit GM to Break into US Market" (TechCrunch)
"While eBay tries to get more social and local, and Pinterest deepens is position in e-commerce, a new mobile app out of London is building out a platform that combines all of those experiences together natively."

"HijUp Muslim fashion ecommerce gets funded by 500 Startups, Fenox VC, and Skystar Capital(Tech in Asia)
"HijUp, the self-proclaimed first and largest Indonesian Muslim fashion ecommerce site, announced today that it received seed funding of an undisclosed amount from a pool of global investors."

"A Startup Founded by a Pair of Backpackers — Selling Canvas Shoes Featuring Art from all over the World — Just Raised $7.5 Million" (Business Insider)
"BucketFeet, a startup that sells canvas shoes featuring designs by artists from all over the world, has raised a $7.5 million Series A round."

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