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Style Advice Website Thread.com Raises £4m from Balderton and Beringea.
ecommerce FashionTech Fundraising Styling Styling Tech Venture Capital
In May 2016 Thread.com raised £4m from Balderton Capital and Beringea. The company has raised £10.67m in total since 2013. Thread Online Ltd (owned 100% by Thread Inc) was incorporated in the UK in 2012 and is a styling advice ecommerce retailer targeting men and women. At the moment the service is only live in the UK. Style advice is based on algorithm output based on some 10-20 questions that you need to answer before opening an account. Some of the questions include which brands you like, what you normally pay for a list of 10+ different garments, your measurements...
FashionTech Companies Join the Fashion Fusion Challenge - Closing Aug 1, 2016
FashionTech FashTech Competition Fundraising Wearables
Image: Solar Shirt with thin-film solar cells by Pauline van Dongen. Blue sun screens by Mykita.Transparent latex „Algae Coat“ by SteinRohne Fashion Fusion is an ideas competition aimed at encouraging creative minds from fashion and technology to team up, engage and challenge the fashion status quo with groundbreaking concepts. Be part of the Fashion Fusion Challenge by applying with your idea or concept – individually or as a team. Selected talents will have the opportunity to further develop their submitted projects with professional equipment and the support of our experienced coaches in the Fashion Fusion Lab. Access our network of...
UK Retail Vacancy Rates
Financial Performance retail UK Retail
On a recent visit to the Brent Cross shopping centre in North London we counted no less than nine empty prime shop locations. The centre's official store count is 120 and we estimate that the total number of prime locations are about half of this. This would mean that the vacancy rate for the shopping centre is 15%. According to LDC the average retail vacancy rate for the whole of the UK was 12.4% in April 2016. The shopping centre vacancy rate was 13.2% in April 2016, down from 14.6% in April 2015. However, compared to the London average of just below 8%, Brent Cross stand...
Why Nike's HyperAdapt 1.0 Shoes Are Changing The Face of Wearables and FashionTech Forever
FashionTech new product Nike Shoes Sportswear Wearables
This article was published on LinkedIn. Read the full article here
Goxip Raises $1.6m - Making Instagram Shoppable
ecommerce Machine Learning Social Shopping Visual Search
Goxip, the social shopping company based in Hong Kong has raised $1.6m from two Asian investors. The company is using technology from ViSenze, a Singaporean AI company focusing on image recognition. See our report into Visual Search (profiles of 23 companies including ViSenze). www.goxip.com www.visenze.com Source: https://www.techinasia.com/goxip-seed-investment