Fashion Tech Daily

The World’s Biggest Tech Companies Are No Longer Just American

Posted by Staff on Aug 18, 2017 3:50:19 PM

 

"HONG KONG — The technology world’s $400 billion-and-up club — long a group of exclusively American names like Apple, Google, Facebook, Microsoft and Amazon — needs to make room for two Chinese members."

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Alibaba Uses Its Shopping Leverage

Posted by Staff on Aug 17, 2017 5:04:34 PM

 

"Across all line items -- product development, sales and marketing, general and admin, and share-based compensation -- Alibaba trimmed costs as a proportion of revenue. This shows the incredible economies of scale Jack Ma has built at the company, including his success in moving to mobile to extract more from consumers."

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Topics: Fashion Tech Daily

Pat McGrath Is Finally Releasing a Permanent Collection — and It’s Huge

Posted by Staff on Aug 16, 2017 6:00:00 PM

 

"Gone are the days of having to sit by your computer ahead of a #rare Pat McGrath Labs drop only to walk away empty-handed because it sold out in seconds. The iconic makeup artist announced yesterday evening via Instagram."

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Topics: Fashion Tech Daily

Vogue and Google launch virtual reality supermodel series

Posted by Staff on Aug 15, 2017 6:00:00 PM

 

"US Vogue has teamed up with Google to launch a virtual reality video series called Supermodel Closets. As per the name, it takes viewers inside the wardrobes of big name models, including Kendall Jenner and Cindy Crawford, who share stories about their favourite clothes."

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Potential Buyers Circle Matchesfashion

Posted by Staff on Aug 14, 2017 5:55:00 PM

 

"BoF reported last month that Matchesfashion.com was exploring a sale. Now, a number of prominent investment funds are preparing bids that could value the luxury fashion retailer at more than £600 million ($775.8 million), according to a new report."

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Topics: Fashion Tech Daily

ASOS launches visual search tool to aid inspiration & discovery for shoppers

Posted by Staff on Aug 11, 2017 4:05:00 PM

 



"This is a fashion website with a huge 85,000 products on it; 5,000 new ones every week. One of many challenges in the online retail space is balancing that newness with the overwhelming nature of volume, particularly for users increasingly browsing on mobile. It’s for that same reason we’ve also seen Pinterest and eBay recently playing in this computer vision space. It’s about that keyword: “discovery”."

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Topics: Fashion Tech Daily

Macy's Is Running Out of Levers to Pull

Posted by Staff on Aug 11, 2017 10:24:36 AM

 



"Things looked a little better for Macy's Inc. in its latest quarter -- but only because the bar for the beleaguered department-store chain had been set so low."

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Topics: Fashion Tech Daily

Michael Kors makes a scarcity play

Posted by Staff on Aug 10, 2017 9:47:20 AM

 



"Just two weeks after announcing its acquisition of Jimmy Choo, Michael Kors reported quarterly sales that indicate its revitalization efforts may be making a positive, if modest, impact."

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Walmart heirs acquire British cycling brand Rapha

Posted by Staff on Aug 8, 2017 5:59:50 PM

 



"Upmarket British cycling brand Rapha has been acquired by RZC Investments, a private equity firm run by Steuart and Tom Walton, heirs to the Walmart fortune."

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How Nike turned the shoe drop into a high-tech game

Posted by Staff on Aug 7, 2017 6:04:53 PM

 



"Sole Searching: Inside the wild world of Nike's high-tech scavenger hunts"

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