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.
"Rent the Runway Raises $60 Million" (Tech Crunch)
"Fashion e-commerce powerhouse Rent the Runway has confirmed that it raised $60 million in a funding round led by Fidelity Investments."
"How Social Cash Made WeChat The App For Everything" (Fast Company)
"A centuries-old tradition gave rise to China's most valuable company and captured the attention of everyone from teens to Silicon Valley."
"What the Data Says Was the Best-Selling Fashion of 2016" (Quartz)
"Retail technology and analytics firm Edited crunched their data from the last 12 months to find the top items for women, men, and children in the US and UK at retailers with an online presence."
"Amazon Lands US Patent Covering Drone Security Measures" (Retail Dive)
"Reports of this patent award come just a couple of weeks after Amazon completed its first Prime Air drone delivery in the UK, where it has pursued much of its drone development while the US government failed to aggressively address delivery drone guidelines."
"Doing Business in India Requires a Mobile-First Strategy" (Harvard Business Review)
"A telecommunications revolution, towards fourth generation (4G) mobile services, will transform the consumer landscape over the next 5-10 years."
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.
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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.