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.
"'Smart Mirrors' Are Coming to a Fitting Room Near You" (Bloomberg)
"Since e-commerce began threatening stores last decade, retailers have been trying to make their locations operate more like the web. Yet despite splurging on the latest bells and whistles, they've mostly failed and fallen further behind their online rivals."
"Snap Lowers Valuation Expectations in Highly Awaited IPO" (Reuters)
"Snap Inc set a lower-than-expected valuation range on Thursday, amid mounting investor concern over its unproven business model, slowing growth and tight founder control."
"Software or Softwear?" (1843 Magazine)
"Even though the fashion business relies on passing fads to keep the consumer interested, many of the products sold under the flag of luxury are built to last. Personal tech, conversely, is built to be surpassed."
"Alibaba Extends Brick-and-Mortar Retail Push With Bailian Deal" (Reuters)
"Shanghai-based Bailian Group is one of China's largest retailers by sales, operating 4,700 outlets in 200 cities including supermarkets, convenience stores and pharmacies. Alibaba has an active user base of around 500 million."
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.
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.