Aug 30, 2021

👕+💻 #7 - Virtual Dressing Rooms | FashionTech Funding | Shazam for Clothes | Retail Resale | The TikTok

Fashion Tech

Your weekly insights on the forces shaping the Fashion Industry.

Dear FashionTech Community,

This week we have 5 articles for you covering:

I’m excited to be joining Sinead as co-curator of this Digest and building on the incredible work she’s lead thus far. We both look forward to keeping you up to date with the most relevant weekly insights in this highly dynamic sector.

As always feel free to send us any content of interest and we’ll be sure to include it in our next circular.

Keep well & happy reading!

Gos

Revery.ai: Applying computer vision to the fashion industry [TechCrunch]

This article is worth it if only to look at Revery’s results - it’s in the name, but these are genuinely mesmerising.

I don’t think Revery are the first or only one’s working here - but you certainly come away with a sense of legitimate promise.

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Fashion-tech’s funding boom [Vogue Business]

A great summary of recent dealmaking in the space.

What’s interesting is that I’m sure we can all think of a few names each left off this list.

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(2019) Amazon launches ‘Shazam for clothes’ fashion search [The Verge]

An older (but gold-er?) article that came up in this week’s reading, I’m sure most readers here have contemplated the existence of automated clothing recommendations.

Well evidently it’s here (Amazon StyleSnap) - recently confirmed on Google :-)

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Urban Outfitters to launch resale platform, Nuuly Thrift [Fashion United]

Quote of the day: “Another day, another resale platform.”

And this time it’s Urban Outfitters.

“Customers selling items on Nuuly Thrift can either transfer earnings directly into their bank account or redeem them for Nuuly Cash, which is worth 10 percent more at Nuuly Thrift and the URBN family of brands.” Interesting!

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TikTok to test in-app shopping [Fashion United]

TikTok enters online shopping through partnership with Shopify, in a similar vein to their strategy carried out alongside Spotify for music.

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Techstars Startup Digest Fashion Tech is curated by:

	Sinéad O'Keeffe - Community Leader & Facilitator with Techstars 🌟\| Your New 👕+💻 Curator at Startup Digest \| Recent Grad from a BA in Marketing and Digital Media 📜👩🏻‍🎓 sinead.okeeffe@startupdigestmail.com
	Gos Tsotetsi - Investment Analyst & Software Engineer gos.tsotetsi@startupdigestmail.com

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