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.
Zara Greets Shoppers with Robots, iPads and Connected Mirrors (Bloomberg)
"At Zara's new flagship store in London, shoppers can swipe garments along a floor-to-ceiling mirror to see a hologram-style image of what they'd look like as part of a full outfit."
Amazon's US Sales to Match Walmart's Within Three Years, JP Morgan Predicts (CNBC)
"Amazon's US gross merchandise volume (GMV) — a key industry metric measuring total dollar value of merchandise sold online — is set to match Walmart's net US sales by 2020 or 2021."
The Companies That Are Changing Online Shopping in a Subtle, but Radical Way (Quartzy)
"Some online retailers have added a new tool designed to help customers find the right size and assess whether a garment works for their body type. Everlane, and J. Crew have started offering this feature, though the industry leader is Universal Standard."
Amazon to Launch a New App Store with Tools for Its Two Million Sellers (TechCrunch)
"Amazon is launching new app store with tools created specifically to help its sellers manage their inventory and orders. Called the Marketplace Appstore, it will feature apps made using Amazon Marketplace Web Service."
Alibaba Snaps Up Stake in Ordre (The Business of Fashion)
"Ordre, a digital platform for wholesaling fashion, has attracted investment from China's largest e-commerce platform, which plans to put some of the start-up's technology to use to sell directly to consumers."
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.
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.