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.
"Hudson's Bay to Acquire Gilt Groupe for $250 Million" (Bloomberg)
"Gilt Groupe Holdings Inc., a startup once valued at about $1 billion, agreed to be acquired by Hudson's Bay Co. for $250 million in cash."
"CES 2016: Fitbit Launches Latest Fitness-Focused Smartwatch" (The Financial Times)
"The launch comes as CES sees a swath of companies from outside of the traditional tech sector looking to challenge Fitbit's dominance of the wearable tech market."
"L'Oreal Unveils Smart Skincare Patch at CES" (Bloomberg)
"L'Oreal introduced a skin patch on Wednesday designed to monitor ultraviolet exposure and help consumers educate themselves about sun protection."
"How Under Armour Plans to Turn Your Clothes Into Gadgets" (Wired)
"Under Armour was founded on a simple idea: Make athletes better. To do that, it's turning human performance into a big data problem."
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"Grindr, the Gay Dating App, Hooks Up With Fashion" (The New York Times)
"On Sunday, the app will live-stream the fall 2016 men's wear show of J. W. Anderson as it hits the runway at London Collections: Men, the city's biannual men's fashion week."
"Fitbit Heart Rate Tracking Is Dangerously Inaccurate, Lawsuit Claims" (The Telegraph)
"Claims from fitness tracking company Fitbit that its wristbands can accurately monitor owners' heart rates are wildly and in some cases dangerously misleading, according to a lawsuit."
Brands are using them for design tasks, in their marketing, on their e-commerce sites and in augmented-reality experiences such as virtual try-on, with more applications still emerging.
Brands including LVMH’s Fred, TAG Heuer and Prada, whose lab-grown diamond supplier Snow speaks for the first time, have all unveiled products with man-made stones as they look to technology for new creative possibilities.
Social networks are being blamed for the worrying decline in young people’s mental health. Brands may not think about the matter much, but they’re part of the content stream that keeps them hooked.
After the bag initially proved popular with Gen-Z consumers, the brand used a mix of hard numbers and qualitative data – including “shopalongs” with young customers – to make the most of its accessory’s viral moment.