Technology news and archive

The NY Fashion Tech Lab announces its 10th cohort, celebrating a decade of supporting women-led startups in retail technology

The New York Fashion Tech Lab (NYFTLab), the premier program for advancing women-led fashion and retail technology companies, returns to announce its 10th cohort of participating B2B retail tech startups. The decennial cohort, as selected by major fashion and retail partners, will now participate in the 12-week program. This year, the NYFTLab is...

Mar 9, 2023

Fashion Featured

SAP launches S.Fashion Experience Lab in NYC's Hudson Yards

SAP officially opened its S.Fashion Experience Lab last month with an exclusive event for journalists at the SAP Experience Center on the 48th floor of its Hudson Yards offices. Based in Walldorf, Germany, SAP has 20 labs in 17 countries. They are located in high-tech regions and focused on diverse industries and field to cultivate thought...

Mar 8, 2023

Fashion |Technology

Deloitte helps brands deliver metaverse experiences

Global audit and advisory firm Deloitte has launched an immersive experience platform in partnership with technology provider Vatom. The two companies have created a tangible experience to enable brands (and other businesses) to build virtual spaces for their customers, partners and employees. In essence, they have made the Metaverse accessible....

Mar 6, 2023

Business

In Big Tech earnings week, Facebook gets a boost

Investors in Meta saw their stock boosted by 25 percent, as the social media giant posted higher than expected earnings in the fourth quarter of 2022. The parent company to Facebook, Instagram and Whatsapp, said it focused on productivity, streamlining and efficiency, adding nearly 80 billion dollars to its market value. But the operational...

Feb 2, 2023

Fashion

A new fashion collection shields wearer from AI facial recognition

A new brand embracing technology, textiles and fashion has developed a collection that will bypass AI and facial recognition. The print-heavy pieces confuses artificial intelligence cameras and stops them from recognising the wearer. Developed by Italian startup Capable, the brand said its mission is to offer a high-tech product that opens...

Jan 26, 2023

Business

Fashion supply chain finance platform, Twinco Capital, raises 12m dollars to expand

Twinco Capital, a global supply chain finance solution that covers the production cycle from purchase order to final invoice payment, has secured a 12 million dollar equity and debt round. The Amsterdam and Madrid-based fintech business, which was founded 2019 by bankers Sandra Nolasco and Carmen Marín, said it is on a mission to reduce the...

Jan 24, 2023

RetailFeatured

6 latest retail innovations to ensure frictionless customer experience

The plateauing of the e-commerce boom is set to continue making an omnichannel strategy vital for retailers. Brick and mortar stores will get a leg up as a result but nowadays stores and can do more with less. The latest technology is designed to ensure that the transition between customer’s online and in-store shopping experience is seamless....

Jan 19, 2023

Business |Technology Featured

Widespread adoption of Meta's metaverse is yet to take off

It has been well over a year since Facebook became Meta. The social media giant announced the name change amid a flurry of corporate crises and scandals, but mainly to represent itself as a broad spectrum of technology applications rather than ‘just’ a social media platform. Meta promised to be a pioneer in the metaverse realm, where the near...

Jan 3, 2023

BusinessFeatured

Shopify sees growth opportunities in larger retailers

Shopify, the e-commerce platform that allowed millions of small businesses to sell on the web without so much as requiring basic coding or html skills, is channeling its next stage of growth by targeting a bigger fish. On Tuesday Shopify launches its latest brand offering: Commerce Components by Shopify, a composable stack for enterprise retail....

Jan 3, 2023

Fashion |Technology Featured

Snap and Amazon Fashion create new AR Shopping Experience

Snap and Amazon Fashion have partnered to bring new Virtual Try-On (VTO) experiences to Snapchat users. The social media and retail giants are hoping their combined services will attract some of the 1.4 billion people forecast to use augmented reality on their smartphones in 2023. Mobile shopping is a fast growing channel, with Amazon Fashion...

Jan 2, 2023

Fashion

Pop-up store “FUZION” : where fashion meets technology

EIDM’s 3rd year Bachelor students open, from December 8 to 10, 2022 at 9 Rue de Tracy, 75002 Paris, a pop-up store. Named “Fuzion”, the pop-up store aims to provide an immersion in a futuristic universe with innovative brands evolving in Fashion tech. A project rooted in EIDM's DNA! Through its "learning by doing" philosophy, EIDM allows its...

Dec 8, 2022

Fashion

Fashion tech: Consumers can now virtually try-on 3D necklaces

Online shopping for jewellery, specifically necklaces, has just been made easier with a new virtual try-on solution launched by Perfect Corp. Jewellery, like fashion, is size and fit sensitive, and digital innovation in the sector allows retailers and jewellery brands to boost online customer shopping experiences. In a statement Perfect Corp....

Dec 6, 2022