Jodaro’s Seed investment round has brought in US$750K. Fundamental VC lead the round, with Maninder Gulati taking part. Founded in 2023 by Rajiv Patki and Sambuddha Adhikari, two IIT Kharagpur grads, Jodaro facilitates international trade by putting producers and consumers in direct contact. Through collaborations with producers that can create items of superior quality with …
Jodaro completes a seed investment round of US$750K Read More »
Higher discounts may not inspire the level of spending that US retailers in a variety of product categories, including clothes, are looking for at their busiest time of year. This is because US retailers are having a difficult time during the holiday season. Retail CEOs predicted that customer wallets will be squeezed by rising interest …
US retailers are having a difficult time this Christmas Read More »
To provide a new 3D digital styling and try-on experience on its website, the Los Angeles-based fashion software company Bods has partnered with the luxury French fashion brand Balmain. Customers may build 3D avatars with this function that precisely matches their proportions, making it easier to try on a variety of photorealistic Balmain designs. These …
A “try-before-you-buy” (TBYB) service has been launched in the UK by the vintage-inspired occasionwear brand Rixo in collaboration with Harper, the manager of Rixo’s current concierge service. Customers may try on products at home with no upfront costs thanks to this provision, which is a major first for the UK fashion business. Established on November …
British company Rixo introduces a “try-before-you-buy” option Read More »
According to an undercover BBC Panorama investigation, Boohoo has not lived up to its commitments to produce its clothing properly. The fast fashion behemoth is allegedly forcing suppliers to lower costs even after agreements have been reached. At the company’s Manchester headquarters, an undercover reporter claimed to have observed evidence of workers pressuring suppliers to …
A BBC investigation claims that Boohoo puts pressure on suppliers to lower pricing Read More »
Shopify needs to demonstrate to investors that its AI products will spur growth when it publishes results, only one week after the e-commerce behemoth Amazon announced that it is providing new generative AI advertising capabilities to its merchants this holiday season. According to projections from the London Stock Exchange Group (LSEG), Wall Street projects a …
Shopify sellers look to AI to help with important sales choices Read More »
At the Reuters Responsible Business Awards 2023 ceremony in London, Primark, CottonConnect, and RUDI—a division of the female farmers’ organization Self-Employed Women’s Association (SEWA)—won Partnership of the Year for their partnership in implementing the Primark Sustainable Cotton Programme (PSCP). Eleven contenders were in the Partnership of the Year category. The awards recognize collaborations and initiatives …
Partnership of the Year Award is won by the RUDI alliance, CottonConnect, and Primark Read More »
The three-day Leathertech Bangladesh 2023 event, which gets underway tomorrow at the International Convention City Bashundhara in the nation’s capital Dhaka, is a momentous occasion. This will be the eighth iteration of the international trade fair, which is organized by ASK Trade & Exhibitions Pvt. Ltd. and is centered on machines, parts, chemicals, and accessories …
Beginning tomorrow, the three-day Leathertech Bangladesh 2023 will take place Read More »
A major change in customer behavior concerning “Buy Now Pay Later” (BNPL) services has been revealed by the Financial Conduct Authority (FCA), which oversees financial services companies and the financial markets in the United Kingdom. According to a survey by the FCA, during the six months preceding January 2023, 27% of adult UK citizens—or around …
Leading fashion technology company Tukatech has teamed up with EcoShot by Metail to help TUKA3D users, both present and future, present realistic-looking 3D virtual clothing on photorealistic digital models. With their industry-leading 3D sample-making software, TUKA3D, Tukatech claims to have always worked to assist garment firms in removing physical samples from the product development process. …