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.
Facial Recognition Is Tracking Customers as They Shop in Stores (CNBC)
"Retailers are using facial recognition to collect data about customers as they shop in stores, according to an IT company with insight into the space. The data collected include how many people are coming in, age, ethnicity and gender, and customer identities are kept anonymous."
Walmart Narrows Price Gap With Amazon (Retail Dive)
"Walmart is closing the pricing gap with Amazon. In 2016, its online prices were, on average, 3 percent higher than Amazon's; this year, by contrast, prices at Walmart.com are just 0.3 percent more expensive. In some categories, Walmart beats Amazon, including in wearables and sports categories."
The State of the Wearables Market (PCR)
"Combined with a whole host of new and improved smart products, from trainers to heart monitors, the market potential has never been so great. In fact, the wearables market was recently valued at around $14 billion. Old favourites — such as smart watches and fitness trackers — are still leading from the front."
This Manufacturing Method Can Create Flexible Wearable Electronics (Medical Design & Outsourcing)
"Researchers have created a manufacturing technique for soft electronics called hybrid 3D printing, which allows wearables to flex with the body. The method involves combining soft, electrically conductive inks and matrix materials with rigid electronic parts and putting them into a stretchable device."
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.