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Driven by fast fashion, millennials choose luxury accessories over clothing

Posted by Staff on Aug 23, 2017 5:20:46 PM

 

"In the first half of 2017, full price sales of luxury handbags increased 22 percent, while scarf and hat sales rose as well, at 20 percent and 83 percent respectively, according to a report by retail analytics firm Edited that examined 30 major U.S. retailers that sell more than 5,000 brands. Meanwhile, full price apparel sales have decreased by 34.5 percent. Jeff Staple, founder of e-commerce site Staple Design, said the shift toward accessories among millennials is in large part a result of the continued rise of fast fashion." Read More

 

  

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E-commerce will change forever

Posted by Staff on Aug 22, 2017 6:00:00 PM

 

"Next month e-commerce will change forever thanks to Amazon. September 12 marks 20 years since Amazon filed for their 1-Click patent. This means that the patent will expire and the technology behind it will be free to be used by any e-commerce site. Starting next month more and more sites will be offering a one click checkout experience. Most major sites have already started development with plans to launch soon after the patent expires."

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Beyond Amazon and Alibaba: what’s next for e-commerce?

Posted by Staff on Aug 21, 2017 5:31:33 PM

 

"Many assume the e-commerce game is over given the immense success of Amazon and Alibaba (both have $400+B market caps).  Amazon has systematically commoditized product category after product category – books, houseware, electronics, clothing, grocery and more, while Alibaba’s Tmall and Taobao platforms have captured market share and popular imagination with millions of SKUs, truly creating a global “everything store""

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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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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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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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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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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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