Jack Wills in the Red
Financial Performance IPO Jack Wills Rumour UK Retail Venture Capital
In 2007, at the height of its popularity, Inflexion Capital invested in a 27% stake in the company. In 2012 the company closed down its sister brand - Aubin & Wills and hired Wendy Becker as COO. In 2013 Wendy Becker was promoted to CEO of the company by its owner, Peter Williams. In Aug 2015, the founder, Peter Williams came back to head up the company and in 2016 the company filed reports showing that its holding company made a loss of £14m Jack Wills is a premium fashion retailer of ‘Fabulously British’ casual wear, homeware and accessories for...
The Death of Algorithm Style Advice?
FashionTech Financial Performance Styling Styling Tech
In 2014 Nordstrom paid $350million for Trunk Club, a fashion styling subscription box service targeting men. This has been the only exit in an industry plagued by high levels of returns and controversy (JustFab Inc subscription methods). Business Insider today reported that 61% of US customers taking out a subscription has canceled it. An industry expert told Styleintelligence that "Subscription box services have huge returns, much higher than normal ecommerce retailers. Perhaps even higher than 80%." The question is if the lack of exits in the niche has been due to a lack of consumer transparency and more importantly, revenues...
Have your own fashion brand? Dont forget to apply to Asos Fashion Discovery!
FashTech Competition Fundraising pr Styling UK Retail
Asos are looking for two brands to win £50,000 and a chance to be nurtured by the very best in online fashion. If you run your own brand get over to http://www.asos.com/fashion-discovery/ immediately as the deadline for applying is June 19th, 2016!
Adidas x Parley Shoes - Upcycling Ocean Plastics
Adidas Ethical Fashion Shoes Sportswear Styling
Adidas has made a complete winner with the new X Parley shoes. Our oceans are polluted by plastics from old fishing nets to toys and bottles and much much more. "Limited edition of the iconic adidas x Parley running shoe is now available for people to earn bypledging their support for Parley's Ocean Plastic Program. adidas x Parley shoe is a world first, using innovative technology to create performance products using Parley Ocean Plastic®. Globally renowned football icon and Real Madrid manager Zinedine Zidane joins the movement. Herzogenaurach, June 7, 2016 – To celebrate World Oceans Day, adidas and Parley...
Topshop x bPAY accessories collaboration with Barclaycard
FashionTech Payment Methods UK Retail Wearables
Following the release of "Topshop x bPay" accessories as a collaboration with Barclaycard the Arcadia-owned group company has once more released a range of stylish payment accessories. We see this as a step forward for the introduction of Wearables in FashionTech. However, there are no references to how or if customers are actually using the accessories as a way to pay for products in Topshop stores. Read more on Barclaycard's website here