Fashion CEO Hunsicker Gets Five Years for $300 Million Fraud
Christine Hunsicker, founder of the fashion-rental and technology company CaaStle Inc., was sentenced to five years in prison for defrauding investors out of $300 million.
Technology
Analysis and advice on how technology is disrupting fashion and creating new opportunities.
The Disruptors: Gucci's Marco Bizzarri and Farfetch's José Neves
The Farfetch founder and Gucci CEO discussed their leadership strategies and how to stay competitive.
The Disruptors: Gucci's Marco Bizzarri and Farfetch's José Neves
The Farfetch founder and Gucci CEO discussed their leadership strategies and how to stay competitive.
Bits & Bytes | Smart Mirrors, Softwear, Snap Lowers Valuation
This week, brick-and-mortar retailers toy with the idea of high-tech dressing-room mirrors, and Snap Inc. has lowered its valuation ahead of its imminent IPO.
Bits & Bytes | Smart Mirrors, Softwear, Snap Lowers Valuation
This week, brick-and-mortar retailers toy with the idea of high-tech dressing-room mirrors, and Snap Inc. has lowered its valuation ahead of its imminent IPO.
Bits & Bytes | China's Taobao Villages, Amazon Leading the Way in Innovation
This week, how e-commerce is transforming China's poor and remote villages, and why Amazon is the most innovative company in the world.
Bits & Bytes | China's Taobao Villages, Amazon Leading the Way in Innovation
This week, how e-commerce is transforming China's poor and remote villages, and why Amazon is the most innovative company in the world.
Bits & Bytes | Snapchat's Multi-Billion Dollar IPO, Leather Grown in a Lab
This week, Snapchat files for IPO, seeking a $25 billion valuation amidst scepticism, while biotechnology companies grow sustainable leather in labs.
Bits & Bytes | Snapchat's Multi-Billion Dollar IPO, Leather Grown in a Lab
This week, Snapchat files for IPO, seeking a $25 billion valuation amidst scepticism, while biotechnology companies grow sustainable leather in labs.
Snapchat Owner Files for IPO, Seeks to Raise $3 Billion
The Los Angeles-based company had revenue of $404.5 million in 2016, up from $58.7 million in 2015.
Snapchat Owner Files for IPO, Seeks to Raise $3 Billion
The Los Angeles-based company had revenue of $404.5 million in 2016, up from $58.7 million in 2015.
Bits & Bytes | An Automated Sewing Robot, Augmented-Reality Dressing Rooms
This week, automated sewing robots take the stage, while fashion companies employ augmented reality to let shoppers try on clothes from home.
Bits & Bytes | An Automated Sewing Robot, Augmented-Reality Dressing Rooms
This week, automated sewing robots take the stage, while fashion companies employ augmented reality to let shoppers try on clothes from home.
US-Based Fidelity Marks Down Value of India's Flipkart
Fidelity Investments has marked down the value of its holding in the Indian e-commerce company by around 36 percent.
US-Based Fidelity Marks Down Value of India's Flipkart
Fidelity Investments has marked down the value of its holding in the Indian e-commerce company by around 36 percent.
Bits & Bytes | Inside Instagram's Reinvention, the Automation Revolution
This week, Kevin Systrom on evolving Instagram by looking at its past, while concerns about the rise of automation continue to grow.
Bits & Bytes | Inside Instagram's Reinvention, the Automation Revolution
This week, Kevin Systrom on evolving Instagram by looking at its past, while concerns about the rise of automation continue to grow.
How Automation Is Reshaping Fashion
Automation is set to transform the business of fashion, from design to production to marketing.
How Automation Is Reshaping Fashion
Automation is set to transform the business of fashion, from design to production to marketing.
Impact of Job-Stealing Robots a Growing Concern at Davos
By 2019, one-quarter of all job tasks are predicted to be offloaded to software robots, physical robots or customer self-service automation.
Impact of Job-Stealing Robots a Growing Concern at Davos
By 2019, one-quarter of all job tasks are predicted to be offloaded to software robots, physical robots or customer self-service automation.
Bits & Bytes | Instagram Stories Ads, Intel Invests $100 Million in Retail Tech
This week, Instagram implemented ads into their stories feature, and Intel invests heavily into the future of retail.
Bits & Bytes | Instagram Stories Ads, Intel Invests $100 Million in Retail Tech
This week, Instagram implemented ads into their stories feature, and Intel invests heavily into the future of retail.
EBay Rival Letgo Raises $175 Million to Grow Secondhand Market
Letgo, which has offices in New York and Barcelona, said annual transaction volume will hit $23 billion by the middle of 2017.
EBay Rival Letgo Raises $175 Million to Grow Secondhand Market
Letgo, which has offices in New York and Barcelona, said annual transaction volume will hit $23 billion by the middle of 2017.
THE NEWS IN BRIEF
US Seeks Sentence for Founder of Fashion-Tech Company CaaStle
Prosecutors compared Christine Hunsicker to Elizabeth Holmes as they sought a 12.5 year prison sentence in the $300 million securities fraud case.
Amazon Loses US Court Ban on Perplexity’s AI Shopping Tools
The ruling is the first by a federal appeals court to address whether AI agents acting on behalf of users can legally access online platforms.
EssilorLuxottica Beats Forecasts, AI Glasses and Myopia Products Drive Growth
The Franco-Italian eyewear maker reported a 15 percent rise in first-half profit, beating expectations, while revenue growth was driven by strong demand for AI-enabled glasses myopia products.
AI Transparency Rule Shouldn’t Apply to Ads, EU Retail Group Says
Eurocommerce, whose members include H&M and Inditex, argued AI-generated ads should be exempt from a rule requiring disclosure of AI use.
Google and Samsung Reveal Designs of Upcoming Smart Glasses
The companies are collaborating with eyewear makers Warby Parker and Gentle Monster.
Exclusive: Vêtir Valued at $150 Million in New Funding Round
The AI-powered styling and shopping app raised a $5.5 million Series A as it looks to expand.
Amazon Brings AI Update to Its Shopping Search Bar
The tool generates product comparisons or suggestions and will appear by default starting this week for US-based users.