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.
Wal-Mart’s Deal for Jet.com Said to Hinge on Keeping Founder
Wal-Mart and Jet.com are trying to close a $3 billion acquisition that will require Jet founder Marc Lore to head the retailer’s online division for several years, according to people familiar with the matter.
Wal-Mart’s Deal for Jet.com Said to Hinge on Keeping Founder
Wal-Mart and Jet.com are trying to close a $3 billion acquisition that will require Jet founder Marc Lore to head the retailer’s online division for several years, according to people familiar with the matter.
Bits & Bytes | Instagram Stories, High-Tech Olympic Apparel
Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Bits & Bytes | Instagram Stories, High-Tech Olympic Apparel
Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Op-Ed | Why Brands Must Build ‘Mobile-Up’
Mobile enables powerful one-to-one interactions between brands and customers, but tapping the opportunity requires rethinking much more than just front-end experience, argues Stephan Schambach.
Op-Ed | Why Brands Must Build ‘Mobile-Up’
Mobile enables powerful one-to-one interactions between brands and customers, but tapping the opportunity requires rethinking much more than just front-end experience, argues Stephan Schambach.
Bits & Bytes | Flipkart Buys Jabong, Dollar Shave Club $1bn Sale
Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Bits & Bytes | Flipkart Buys Jabong, Dollar Shave Club $1bn Sale
Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Smartphones Overtake Computers as Top E-Commerce Traffic Source
Smartphones have surpassed computers as the top source for e-commerce as it accounted for 45.1 percent of web-shopping traffic in the first quarter of this year, edging out computers at 45 percent.
Smartphones Overtake Computers as Top E-Commerce Traffic Source
Smartphones have surpassed computers as the top source for e-commerce as it accounted for 45.1 percent of web-shopping traffic in the first quarter of this year, edging out computers at 45 percent.
Rocket Internet-Backed Global Fashion Group Raises $364 Million
Rocket Internet SE, Germany’s highest-profile startup investor, contributed 68 million euros to a 330-million-euro funding round for its startup Global Fashion Group, completing a deal first announced in April.
Rocket Internet-Backed Global Fashion Group Raises $364 Million
Rocket Internet SE, Germany’s highest-profile startup investor, contributed 68 million euros to a 330-million-euro funding round for its startup Global Fashion Group, completing a deal first announced in April.
Bits & Bytes | Online-Only Asos Shines, Brexit Bad For Fashion
Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Bits & Bytes | Online-Only Asos Shines, Brexit Bad For Fashion
Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Flipkart Brought Online Shopping to India. Then Amazon Showed Up
Since its founding eight years ago, Flipkart has become the nation’s most valuable startup and introduced online shopping to the Indian masses.
Flipkart Brought Online Shopping to India. Then Amazon Showed Up
Since its founding eight years ago, Flipkart has become the nation’s most valuable startup and introduced online shopping to the Indian masses.
Payments Firm Klarna Adds Lyst As Client
Klarna has added online fashion start-up Lyst to its client list as it looks to compete with payments giant PayPal.
Payments Firm Klarna Adds Lyst As Client
Klarna has added online fashion start-up Lyst to its client list as it looks to compete with payments giant PayPal.
Bits & Bytes | Nordstrom Takes Stake in Software Firm, Fit Tech, Fixing Flipkart
Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Bits & Bytes | Nordstrom Takes Stake in Software Firm, Fit Tech, Fixing Flipkart
Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Yoox Net-a-Porter Braces for UK Import Duties Post Brexit
YNAP, based in Italy, expects the impact to be limited to about 10 percent of the cost of goods sold by 2020.
Yoox Net-a-Porter Braces for UK Import Duties Post Brexit
YNAP, based in Italy, expects the impact to be limited to about 10 percent of the cost of goods sold by 2020.
Software Is Reshaping Fashion's Back End
Digital has revolutionised the front-end of fashion, but the industry’s less glossy back-end systems have remained relatively untouched — until now.
Software Is Reshaping Fashion's Back End
Digital has revolutionised the front-end of fashion, but the industry’s less glossy back-end systems have remained relatively untouched — until now.
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.