Agenda-setting intelligence, analysis and advice for the global fashion community.
"German Online Retailer Zalando Plans I.P.O." (The New York Times)
"The German online retailer Zalando said on Wednesday that it planned an initial public offering of some of its shares on the Frankfurt Stock Exchange this year. The planned listing would represent a milestone for the company, one of Europe's most prominent technology start-ups."
"Tech, Meet Fashion" (The New York Times)
"And on Wednesday, Intel, in partnership with Barneys New York and Opening Ceremony, unveiled a new wearable bracelet that looks nothing like a gadget at all, yet has all the geeky innards that the tech crowd will salivate over. The bracelet, called MICA (for My Intelligent Communication Accessory), comes in two styles: black snakeskin and pearls, and white snakeskin and obsidian."
"Kinnevik Joins Rocket Internet to Form Global Fashion E-Commerce Group" (Bloomberg)
"The newly created Global Fashion Group, valued at about 2.7 billion euros ($3.5 billion), will operate across Latin America, India, Russia, the Middle East, Southeast Asia and Australia, Stockholm-based Kinnevik said in a statement today. The group will span 23 countries with a combined population of 2.5 billion people in a 330 billion-euro fashion market, it said."
"Can't See Myself in Google Glass, Says Luxottica Chief" (The Financial Times)
"Leonardo Del Vecchio, founder of Italian eyewear group Luxottica, which earlier this year signed a deal with Google to develop its $1,500 interactive headset Google Glass, has said he would not wear the device in its current form."
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"Frank & Oak, Personalized Men's Fashion Brand, Nabs $15 Million In Series B" (TechCrunch)
"Frank & Oak, a menswear ecommerce brand, has just raised a $15 million Series B round led by Goodwater Capital with participation from Green Oaks Capital, Investment Quebec, John Currie (of Lululemon), alongside existing investors such as Rho Canada Ventures, Real Ventures, Version One Ventures, Lightbank and Bertelsmann Digital Media Investments."
"Alibaba Teams Up With U.K. Business Body to Fight Fakes" (The Wall Street Journal)
"Alibaba said in a statement Wednesday that it will work with the China-Britain Business Council to familiarise U.K. companies with the Chinese firm's existing system for reporting and removing products that allegedly infringe intellectual property rights."
