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.
Inside Amazon Go, a Store of the Future (The New York Times)
"It has some food usually found at Whole Foods, the chain that Amazon owns. But there are no cashiers or registers anywhere. Shoppers leave the store through same gates without pausing to pull out a credit card. Their Amazon account automatically gets charged for what they take out the door."
Finery Generates $5 Million Seed Funding (Fibre2Fashion)
"Finery, the first automated online wardrobe platform with predictive analytics for styling and shopping, has raised $5 million in seed funding. It was led by NEA with participation from Farfetch, BBG Ventures and Adrian Cheng through C Ventures."
IBM Aims to Solve Global Shipping Inefficiencies With Blockchain (Retail Dive)
"IBM has partnered with A.P. Moller-Maersk, the world's largest ocean container shipping company, on a joint venture that aims to use blockchain technology to make worldwide cross-border commerce and shipping more efficient."
How 3D Printing Is Changing Swiss Luxury Watchmaking (South China Morning Post)
"Mechanical watch purists might frown upon the new trend. However, luxury watchmakers are reinvigorating the century-old industry by embracing 3D printing and other hi-tech innovations — in materials and in mechanisms — to improve efficiency and ergonomics and create groundbreaking designs."
Coty Brings Beauty to Echo Show (Retail Dive)
"Beauty company Coty has created a new visual skill for Amazon's Alexa-powered Echo Show called Let's Get Ready, which takes a user's personal attributes such as hair, eye and skin color and gives on-demand, occasion-based look planning."
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.
Join us for a BoF Professional Masterclass that explores the topic in our latest Case Study, “How to Turn Data Into Meaningful Customer Connections.”
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.