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Bits & Bytes | MICA Smart Bracelet, Indian E-commerce, Farfetch, Smartclothes, Glossier

Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Opening Ceremony and Intel's MICA | Photo: Collier Schorr
By
  • Kate Abnett

"For Opening Ceremony and Intel's MICA Smart Bracelet, Beauty Beats Brains" (The New York Times)
"Opening Ceremony and Intel have been working together to create a bracelet that can check your email and remind you when you have a meeting. What happens when fashion designers and techies work together?"

"Indian Retailers Hobble Online as E-Commerce Firms Race Ahead" (Reuters)
"The head of Future Group, one of India's largest and most established retailers, admits he can't keep up with web sites like Snapdeal and Flipkart when it comes to spending money to entice shoppers to buy online."

"Farfetch Launches New Click-Collect Service" (Bloomberg)
"Farfetch.com is introducing a service that allows shoppers to place an order for apparel and accessories with one of its retailers and collect it from another potentially thousands of miles away."

"Forget Smartwatches – Smartclothes are The Future, Analysts Say" (The Guardian)
"Fitness trackers and smartwatches will battle for consumer attention in 2015 – but the real excitement is in the smartclothing being explored by athletes to track performance."

"Into The Gloss Scores $8.4 Million To Build Glossier(Fashionista)
A little more than a month after launching its own range of beauty products, Into the Gloss has closed $8.4 million in venture capital financing from investors, adding to the $2 million it raised last fall."

"Whatever Happened to Google Glass? It's Now Selling on EBay For As Little as Half the List Price(Financial Post)
"After two years of popping up at high-profile events sporting Google Glass, the gadget that transforms eyeglasses into spy-movie worthy technology, Google co-founder Sergey Brin sauntered bare-faced into a Silicon Valley red-carpet event on Sunday."

"How Crowdfunding is Changing the Fashion Business" (Entrepreneur)
"Online retailers Gustin, The Petite Shop, and Before the Label are bringing decision-making back to the customer and production back to the United States for faster turnaround and lower minimums."

"Kevin Rose Plots a Luxury E-commerce Empire Starting With New App Watchville" (TechCrunch)
"Compared to typical startup fare, Watchville's market might sound bland, but that's why there's such an opportunity. Other app developers never gave it the time of day."

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