Audemars Piguet to Certify Its Pre-Owned Watches Following Rolex
Whereas Rolex is both a buyer and seller of its second-hand watches through official retail partners, Audemars is setting up a marketplace where sellers set prices.
bits-and-bytes
Technology
Bits & Bytes | Instagram's Shoppable Posts, Can Amazon's Alexa Help Men Dress?
This week, Instagram's shoppable tags feature opens to Bigcommerce retailers, while Perry Ellis launches style advice service with Amazon's Alexa.
Technology
Bits & Bytes | Levi's Tech Jacket, How Burberry Uses AI to Boost Sales
This week, Levi's launches high-tech cycling jacket with Google, and the ways Burberry uses artificial intelligence to personalise consumer experience.
Technology
Bits & Bytes | Apple's 'Town Square' Store of the Future, Amazon's Big Fashion Plans
This week, how Apple is reframing the retail experience, while Amazon launches runway-to-doorstep deliveries at London Fashion Week.
Technology
Bits & Bytes | Inside Amazon's Strategy in India, How High-Tech Retail Stores Boost Sales
This week, Amazon's logistics are winning the e-commerce war in India, and how Rebecca Minkoff uses tech to drive growth.
Technology
Bits & Bytes | Levis' Virtual Stylist, Can This Smartwatch Save Fitbit?
This week, Levi's launches chatbot stylist on Facebook Messenger, and can Fitbit's Ionic smartwatch save the company?
Technology
Bits & Bytes | Amazon's AI Fashion Designer, Can Tech Combat Counterfeits?
This week, Amazon develops designs via AI algorithms, and how fashion brands use RFID tags to battle counterfeits.
Technology
Bits & Bytes | Amazon's Private Labels, Why Fashion Loves Android Wear
This week, how Amazon's private label brands are fuelling its business, while brands cranking out new Android Wear devices are as far from typical electronics companies as one can get.
Technology
Bits & Bytes | How Fashion is Embracing AR, Do Consumers Really Want 'Smart' Products?
This week, W Magazine's augmented reality-powered issue, and is there consumer demand for 'smart' products?
Technology
Bits & Bytes | Nike's High-Tech Treasure Hunt, Stitch Fix IPO
This week, how Nike's app helps amplify buzz around its shoe drops, and what you need to know about Stitch Fix's impending exit.
Technology
Bits & Bytes | Instagram Boosts Watch Sales, Amazon's Private Label Accessories
This week, Instagram turbocharges the vintage watch market, and Amazon launches 'The Fix.'
Technology
Bits & Bytes | Intel Shuts Down Wearables Unit, Robots Conquer Resale Industry
This week, Intel eliminates its wearables group to focus on VR, and how bots are defeating real customers in the resale industry.
Technology
Bits & Bytes | Stitch Fix's Design Algorithms, the Future of the Smartwatch
This week, Stitch Fix algorithms are dictating design decisions, and how smartwatch bands could be the future of wearable tech.
The News in Brief
Mike Ashley’s Frasers Says It’s Taken Control of Hugo Boss
The British retail group has pushed its stake in the German apparel brand above 50 percent in a move that will turn Hugo Boss into a subsidiary of Frasers.
Shein Agrees to Pay $100 Million to Settle US FTC Probe
The settlement, equivalent to 44 percent of the ultra fast-fashion company’s second-quarter profit, is the latest blow amid regulatory and tax crackdowns in Europe and the US that have hampered Shein’s growth.
Kering Drops 12% as Luxury Braces for Tough Winter
The recovery long promised by luxury brands seems nowhere in sight, as the expansion of war in the Middle East, along with China’s tax crackdown on the wealthy, piled further pressure on the world’s biggest luxury conglomerates in the third quarter, and executives buckled in for a tough winter.
UK Retail Sales Fall 0.4% in September, More Than Forecast
Sales fell in September as above-average temperatures hit demand for autumn clothing.
Elle Launches Moroccan Edition
Hitting newsstands in October, the magazine marks Elle’s 51st international edition, published under licence by the Geomedia group.
David’s Bridal Plans Spinoff and IPO of AI Wedding Planning Platform Pearl
Pearl, a subsidiary of David’s Bridal, will own David’s Bridal and license its intellectual property back to the bridalwear brand. David’s Bridal CEO Kelly Cook will serve as Pearl’s CEO.
L’Oréal Sales Beat Expectations as Premium Products Surge
The French giant handily beat expectations on strong demand for hair products at salons and premium skincare from its dermatological division.