Syte snaps up $21.5M for its smartphone-based visual search engine for e-commerce

Visual search has become a key component for how people discover products when buying online: if a person don’t know the exact name of what he or she wants, or what they want is not available, it can be an indispensable tool for connecting them with things they might want to buy. Now, one of […]

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YouTube launches a dedicated Fashion vertical

YouTube today is launching a new vertical called YouTube Fashion that aims to capitalize on the popular style and beauty content that attracts millions of viewers to its platform. According to Statista, beauty videos last year alone generated more than 169 billion views on YouTube, and more recently, some of fashion’s biggest names have set […]

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Snap introduces Spectacles 3, with two HD cameras and 3D effects on Snapchat

Snap has introduced a third generation of its Spectacles wearable sunglass cameras, and these include new 3D effects for use in Snapchat. You can capture 3D snaps, with a slight side-to-side depth effect thanks to dual angle cameras; 3D filters, which add AR graphics effects to captured video; 3D lenses, which add stickers and characters […]

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Nike launches a subscription service for kids’ shoes, Nike Adventure Club

Just in time for back-to-school shopping, Nike today officially announced its entry into the subscription service market with the launch of a “sneaker club” for kids called Nike Adventure Club. The new program is specifically designed to make shopping easier for parents who struggle to keep up with their quickly growing children’s shoe needs. Instead […]

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Lifestyle goods resale marketplace StockX raises $110M, pushing valuation past $1B

Detroit-based StockX, which provides a way for people to resell luxury and lifestyle goods including streetwear, bags, watches and shoes, is now valued at over $1 billion based on its most recent raise of $110 million, just revealed by the New York Times. Alongside the raise, StockX is bringing on a new CEO – ecommerce […]

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Armoire is angling to become the every day Rent the Runway

When Armoire first emerged from MIT’s accelerator program back in 2016, the company’s vision was already fully formed — combine StitchFix and Rent the Runway to give women a low-cost, sustainable way to get a high-fashion, high-functioning wardrobe for every day. Ambika Singh, the Seattle-based company’s chief executive set out to solve two problems, the […]

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Depop, a social app targeting millennial and Gen Z shoppers, bags $62M, passes 13M users

The rising popularity of omni-channel commerce — selling to customers wherever they happen to be spending time online — has spawned an army of shopping tools and platforms that are giving legacy retail websites and marketplaces a run for their money. Now, one of the faster growing of these is announcing an impressive round of […]

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Global Fashion Group plans to raise €300M in Frankfurt IPO

The ongoing evolution of the startup factory known as Rocket Internet continues apace. Today, the group of regional e-commerce fashion sites incubated in the Berlin outfit that eventually got spun out under the Global Fashion Group umbrella — Zalora, Dafifi, The Iconic and La Moda — announced that it is planning a public listing on […]

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Netflix takes on ‘Project Runway’ with new competition series co-hosted by Queer Eye star

Netflix is launching its own take on Project Runway, and it’s bringing in Queer Eye’s Tan France to host. While Project Runway has grown to become one of the most popular fashion-focused reality shows to ever hit TV, the franchise, now on Season 17, is getting a little long in the tooth — and in […]

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Mogu’s long journey: From rejecting Alibaba’s advances to US IPO

Mogu, a Tencent-backed service that offers fashion content and products to young women, has joined a string of Chinese tech companies pressing ahead to sell their shares through initial public offerings in the US before the year-end. Mogu priced its sale at $14 per share on Wednesday, toward the lower end of a marketed range. […]

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