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.
Bits & Bytes | WME-IMG's 'Internet of Things,' Snapchat's Ad Expansion
Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Bits & Bytes | WME-IMG's 'Internet of Things,' Snapchat's Ad Expansion
Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Bits & Bytes | Indian E-Commerce, Bot Backlash, Cashless Payments
Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Bits & Bytes | Indian E-Commerce, Bot Backlash, Cashless Payments
Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Swatch Group Signed Contract with China's Geely for Battery
Swatch Group has signed a contract with Chinese car maker Geely, allowing it to use an innovative battery developed by the watchmaker's research firm Belenos.
Swatch Group Signed Contract with China's Geely for Battery
Swatch Group has signed a contract with Chinese car maker Geely, allowing it to use an innovative battery developed by the watchmaker's research firm Belenos.
Robots Are the New Low-Wage Seamstresses
The plummeting cost of industrial robots and the electronic cameras used for machine vision mean that serious automation is coming to even the cheapest sewn products.
Robots Are the New Low-Wage Seamstresses
The plummeting cost of industrial robots and the electronic cameras used for machine vision mean that serious automation is coming to even the cheapest sewn products.
Snapchat Said to Have 150 Million Daily Users, Surpassing Twitter
Snapchat reportedly has 150 million people using the service each day, making the four-year-old messaging app more popular than Twitter.
Snapchat Said to Have 150 Million Daily Users, Surpassing Twitter
Snapchat reportedly has 150 million people using the service each day, making the four-year-old messaging app more popular than Twitter.
Bits & Bytes | Snapchat Raises $1.8B, Online Shopping Return Rates
Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Bits & Bytes | Snapchat Raises $1.8B, Online Shopping Return Rates
Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Alibaba Said to Invest in Israeli Search Startup Twiggle
Alibaba Group Holding Ltd. is investing in Israeli startup Twiggle to tap its search technology and solidify its lead in Chinese e-commerce, according to people familiar with the matter.
Alibaba Said to Invest in Israeli Search Startup Twiggle
Alibaba Group Holding Ltd. is investing in Israeli startup Twiggle to tap its search technology and solidify its lead in Chinese e-commerce, according to people familiar with the matter.
Rocket Internet Narrows Quarterly Losses at Portfolio Startups
Rocket Internet SE shrank losses at several of its holdings, a relief for the biggest European startup factory as it seeks to convince shareholders its investments in the likes of Delivery Hero and Global Fashion Group will pay off.
Rocket Internet Narrows Quarterly Losses at Portfolio Startups
Rocket Internet SE shrank losses at several of its holdings, a relief for the biggest European startup factory as it seeks to convince shareholders its investments in the likes of Delivery Hero and Global Fashion Group will pay off.
EU Seeks to Make Buying Online Abroad Easier, Postage Cheaper
The European Commission has proposed to ban Internet retailers from treating customers differently depending on where they live to encourage consumers to shop across the bloc for online products.
EU Seeks to Make Buying Online Abroad Easier, Postage Cheaper
The European Commission has proposed to ban Internet retailers from treating customers differently depending on where they live to encourage consumers to shop across the bloc for online products.
How Instagram's New Feed Will Impact Brands and Influencers
What does Instagram's new algorithmic feed mean for the platform's lucrative influence economy?
How Instagram's New Feed Will Impact Brands and Influencers
What does Instagram's new algorithmic feed mean for the platform's lucrative influence economy?
Bits & Bytes | Amazon Brick-and-Mortar Stores, Snapdeal Loses Chief Product Officer
Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Bits & Bytes | Amazon Brick-and-Mortar Stores, Snapdeal Loses Chief Product Officer
Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Turks Snapping Up Prada Online Makes Investors Ignore Politics
Even amid political tremor, there’s at least one trend in Turkey investors are betting will continue unabated: shoppers moving online to find deals.
Turks Snapping Up Prada Online Makes Investors Ignore Politics
Even amid political tremor, there’s at least one trend in Turkey investors are betting will continue unabated: shoppers moving online to find deals.
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.