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.
"Luxury Consignment Startup The RealReal Continues Growth, Collects Another $40 Million" (Forbes)
"On Thursday, The RealReal announced that it had raised $40 million in a round led by Greenspring Associates to fuel international expansion and explore possible acquisitions."
"At One Year Old Is Apple's Watch a Flop? Not Exactly." (Fortune)
"Apple Watch sales, at an estimated 12 million in their first year, according to the The Wall Street Journal, were double the first-year iPhone sales, at 6 million."
"Pinterest Reinvents Itself to Prove It's Really Worth Billions" (Wired)
"Nearly three dozen designers and engineers have spent the past several months tearing out the skeleton of Pinterest's iOS app and rebuilding it."
"Retail Giant Central Group Is Buying Zalora's Businesses in Thailand and Vietnam" (TechCrunch)
"Zalora, the fashion-focused e-commerce site backed by Rocket Internet, is selling its businesses in Thailand and Vietnam to retailer Central Group, according to multiple sources close to the deal."
"Why Silicon Valley VC Firms Fund Online Retailers Like Dollar Shave Club" (The Seattle Times)
"Not all venture-capital money goes to support technology startups. A good chunk goes to companies whose tech inventory consists of nothing more than a website and a social-media team."
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.
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.
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.