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.
"Buy Buy Buy: Why All of Your Favorite Social Networks Want You to Shop Now" (Mashable)
"On Tuesday, Pinterest and Instagram both announced plans to introduce 'Buy It' and 'Shop Now' buttons, respectively, with the promise of convincing their millions and millions of users to shift from browsing to shopping on the social networks."
"Here's How Lucky's E-Commerce Site is Doing" (Racked)
"Now that Lucky is no longer a monthly magazine and is down to a quarterly publication, the pressure must be on for the magazine's e-commerce venture."
"In Wake of Alibaba Lawsuit, Luxury Fashion Startup Xiu Raises $30M Funding" (Tech in Asia)
"Xiu.com, an ecommerce retailer for high-end fashion products in China, today announced it has completed a US$30 million series C round of funding."
"Frederic Court Forms European, Fashion-Focused Venture Firm" (Reuters)
"Frederic Court, one of Europe's standout early-stage investors in recent years, has formed a venture capital firm to invest in digital fashion brands and enabling technologies."
"Softbank Invests $1B in South Korean Online Retailer Coupang" (Associated Press)
"South Korean online shopping site Coupang has secured a $1 billion investment from Japanese Internet company Softbank Corp."
Successful social media acquisitions require keeping both talent and technology in place. Neither is likely to happen in a deal for the Chinese app, writes Dave Lee.
TikTok’s first time sponsoring the glitzy event comes just as the US effectively deemed the company a national security threat under its current ownership, raising complications for Condé Nast and the gala’s other organisers.
BoF Careers provides essential sector insights for fashion's technology and e-commerce professionals this month, to help you decode fashion’s commercial and creative landscape.
The algorithms TikTok relies on for its operations are deemed core to ByteDance overall operations, which would make a sale of the app with algorithms highly unlikely.