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.
The RealReal Hunts for More Funding Amid IPO Buzz (Retail Dive)
"Re-commerce upstarts like The RealReal, which has snagged the luxury end of the market, are growing 20 times faster than the broader retail market and five times faster than off-price retailers, which offer a similar treasure hunt."
Robots Will Replace Humans in Retail, Says JD.com's Richard Liu (The Business of Fashion)
"Robots will eventually replace human workers in the retail industry, the chief executive of Chinese e-commerce company JD.com predicted. However, Liu said he thinks it will take another decade for technology and shoppers to be ready for fully automated stores."
The Ethically Murky Marriage of Technology and Beauty (Engadget)
"While on the surface company efforts appear to be well-meaning efforts to promote diversity and inclusivity, the industry needs to carefully examine every step as it moves forward or risk exacerbating problems around perceived ideals in beauty."
What Does the Amazon Echo Look Mean for Personal Style? (Racked)
"The Echo Look won't tell you why it's making its decisions. And yet it purports to show us our ideal style, just as algorithms like Netflix recommendations and Spotify Discover feeds promise us an ideal version of cultural consumption tailored to our personal desires."
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.