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."
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.
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.