Bondholders Approve Saks Global’s Five-Year Business Plan
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
fashion-tech
Technology
Bits & Bytes | The Retailer Amazon Can't Destroy, Facial Recognition in Stores
This week, Ulta is one Amazon's main competitors in the beauty space, while stores could be tracking customers with facial recognition technology.
Bits & Bytes | The Retailer Amazon Can't Destroy, Facial Recognition in Stores
This week, Ulta is one Amazon's main competitors in the beauty space, while stores could be tracking customers with facial recognition technology.
Technology
Bits & Bytes | Zara's High-Tech Flagship, Amazon Sales to Match Walmart's
This week, Zara opens a London flagship with automated order collection points and self-checkout, while Amazon's US sales are set to match Walmart's in three years.
Bits & Bytes | Zara's High-Tech Flagship, Amazon Sales to Match Walmart's
This week, Zara opens a London flagship with automated order collection points and self-checkout, while Amazon's US sales are set to match Walmart's in three years.
Technology
Bits & Bytes | LVMH Reportedly Backs Lyst, Google's Style Match Feature
This week, LVMH allegedly leads a new round of investment in Lyst, while Google launches a new image recognition technology.
Bits & Bytes | LVMH Reportedly Backs Lyst, Google's Style Match Feature
This week, LVMH allegedly leads a new round of investment in Lyst, while Google launches a new image recognition technology.
Technology
Bits & Bytes | Instagram Launches Commerce Payments, US Online Spending Passes $100 Billion
This week, Instagram offers a native payments feature for some users, while US online spending grows 14.4 percent year-on-year.
Bits & Bytes | Instagram Launches Commerce Payments, US Online Spending Passes $100 Billion
This week, Instagram offers a native payments feature for some users, while US online spending grows 14.4 percent year-on-year.
Technology
Bits & Bytes | Apple Moves Into Media, Faces Are the New Currency
This week, Apple aims to become a luxury fashion lifestyle and content brand, while faces could turn into digital calling cards.
Bits & Bytes | Apple Moves Into Media, Faces Are the New Currency
This week, Apple aims to become a luxury fashion lifestyle and content brand, while faces could turn into digital calling cards.
Technology
Bits & Bytes | Apple's Next Frontier Are Glasses, How Brands Used Tech at Coachella
This week, Apple will use AR to reinvent glasses, while some fashion brands used technology to bring their activations to life at the festival.
Bits & Bytes | Apple's Next Frontier Are Glasses, How Brands Used Tech at Coachella
This week, Apple will use AR to reinvent glasses, while some fashion brands used technology to bring their activations to life at the festival.
Technology
Farfetch Launches Start-Up Accelerator
On the road to an IPO, the fashion unicorn is launching a start-up accelerator aimed at driving innovation for online and physical stores.
Farfetch Launches Start-Up Accelerator
On the road to an IPO, the fashion unicorn is launching a start-up accelerator aimed at driving innovation for online and physical stores.
Technology
Bits & Bytes | The RealReal Hunts for Funding, Robots to Replace Humans in Retail
This week, the luxury resale company wants to raise $100 million in funding, while JD.com's Richard Liu says AI will take over retail.
Bits & Bytes | The RealReal Hunts for Funding, Robots to Replace Humans in Retail
This week, the luxury resale company wants to raise $100 million in funding, while JD.com's Richard Liu says AI will take over retail.
Technology
With Privacy Changes, Instagram Upsets Influencer Economy
As the Facebook-owned platform works to lock down its privacy policy amid mounting public pressure, some fashion apps and social media influencers are left scrambling.
With Privacy Changes, Instagram Upsets Influencer Economy
As the Facebook-owned platform works to lock down its privacy policy amid mounting public pressure, some fashion apps and social media influencers are left scrambling.
Technology
Bits & Bytes | Condé Nast's Pivot to Video, Alibaba Invests in Facial-Recognition Tech
This week, Condé Nast bets on video to drive its publications forward, while Alibaba invests in major player in China's artificial intelligence industry.
Bits & Bytes | Condé Nast's Pivot to Video, Alibaba Invests in Facial-Recognition Tech
This week, Condé Nast bets on video to drive its publications forward, while Alibaba invests in major player in China's artificial intelligence industry.
Technology
Bits & Bytes | EBay Fashion's Repositioning, Beauty Apps for Skincare
This week, eBay Fashion aims to compete against Amazon with a new campaign, while beauty companies are investing in apps to tap into the Gen-Z consumer.
Bits & Bytes | EBay Fashion's Repositioning, Beauty Apps for Skincare
This week, eBay Fashion aims to compete against Amazon with a new campaign, while beauty companies are investing in apps to tap into the Gen-Z consumer.
Technology
Bits & Bytes | Facebook Under FTC Investigation, Human Microchipping for Skincare
This week, demands grow for Facebook to explain its privacy policies, while human microchips may signal the future for the beauty industry.
Bits & Bytes | Facebook Under FTC Investigation, Human Microchipping for Skincare
This week, demands grow for Facebook to explain its privacy policies, while human microchips may signal the future for the beauty industry.
The News in Brief
Luxury Stocks Face Most Bearish Sentiment in Years, UBS Says
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
Trump Signs Order to Combat Fraudulent ‘Made in America’ Labels, White House Says
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.
Lanvin Deputy CEO Siddhartha Shukla Exits Brand
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.
Ulta Beauty Forecasts Annual Profit Below Estimates
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
Exclusive: Brita Invests in Shower Filter Firm Hello Klean
The German water filtration firm has acquired a minority stake in Hello Klean, which sells shower heads it claims mitigate the effects of hard water.
AII Launches Industry-First Tool Standardising Measurement of Carbon Emissions
The new tool published by the climate-focused nonprofit aims to create a standardised benchmark across textile facilities to accelerate fashion’s efforts to decarbonise.
Marco De Vincenzo Exits Etro
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.