Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Greenlight Capital, the hedge fund firm led by David Einhorn, said it made a new investment in retailer Macy’s Inc. in the fourth quarter, to "unlock the value" of its land and buildings.
Greenlight Capital, the hedge fund firm led by David Einhorn, said it made a new investment in retailer Macy’s Inc. in the fourth quarter, to "unlock the value" of its land and buildings.
Alibaba Group Holding Ltd. has signed up China’s largest bad loans manager to sell troubled assets through its online marketplace as the e-commerce giant seeks to extend its reach beyond retail sales.
Alibaba Group Holding Ltd. has signed up China’s largest bad loans manager to sell troubled assets through its online marketplace as the e-commerce giant seeks to extend its reach beyond retail sales.
Egyptian tycoon Nassef Sawiris has formed a partnership with US investor Mason Hawkins to drive change at companies they invest in — and they have sportswear firm Adidas in their sights.
Egyptian tycoon Nassef Sawiris has formed a partnership with US investor Mason Hawkins to drive change at companies they invest in — and they have sportswear firm Adidas in their sights.
With new equity crowdfunding regulations now in place, some fashion labels and platforms see new potential in the model.
With new equity crowdfunding regulations now in place, some fashion labels and platforms see new potential in the model.
E-commerce startup Jet.com announced a $350 million cash infusion led by Fidelity Investments, providing money to help the company attract customers during its first holiday shopping season.
E-commerce startup Jet.com announced a $350 million cash infusion led by Fidelity Investments, providing money to help the company attract customers during its first holiday shopping season.
Stock fell as much as 10 percent on Monday after Urban Outfitters announced the acquisition of Philadelphia’s Vetri Family group of restaurants.
Stock fell as much as 10 percent on Monday after Urban Outfitters announced the acquisition of Philadelphia’s Vetri Family group of restaurants.
HANGZHOU, China — Alibaba Group Holding Ltd. will invest in startups in the U.S. and help bring them to China as part of its expansion plan, said
HANGZHOU, China — Alibaba Group Holding Ltd. will invest in startups in the U.S. and help bring them to China as part of its expansion plan, said
Chinese e-commerce stocks got a boost from Alibaba Group Holding Ltd.’s better-than-forecast earnings as investors bet the country’s economic slowdown isn’t hurting online consumer spending.
Chinese e-commerce stocks got a boost from Alibaba Group Holding Ltd.’s better-than-forecast earnings as investors bet the country’s economic slowdown isn’t hurting online consumer spending.
As LVMH, Richemont and Kering enter a period of consolidation, there is no Italian conglomerate to take them on in the fight for ownership of Italy’s brands. Why?
As LVMH, Richemont and Kering enter a period of consolidation, there is no Italian conglomerate to take them on in the fight for ownership of Italy’s brands. Why?
The latest indie brand to attract investor attention is Outdoor Voices, which announced today that it’s raising $7 million in venture funding in a round led by General Catalyst.
The latest indie brand to attract investor attention is Outdoor Voices, which announced today that it’s raising $7 million in venture funding in a round led by General Catalyst.
Ipsy, a cosmetics-subscription service with $130 million in annual sales, raised $100 million in a second round of funding led by TPG and Sherpa Ventures.
Ipsy, a cosmetics-subscription service with $130 million in annual sales, raised $100 million in a second round of funding led by TPG and Sherpa Ventures.
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.
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.
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
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.
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.
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.
The UK label will roll out its hero deodorant to Sephora US doors and launch its full assortment online as the LVMH-owned retailer expands its body care offering.
The European retailer forecast a rise in full-year adjusted operating profit and announced a share buyback, citing the productivity and cost-saving benefits of AI.