Technology news and archive

Google buys stake in Gentle Monster as it eyes entry into fashionable wearables

Anyone thinking wearable technology was a trend gone by, Google just acquired a 4 percent stake in South Korean eyewear brand Gentle Monster, marking its most fashion-conscious foray yet into the smart glasses race. The deal, valued at approximately 107.3 million euros, positions the tech giant alongside Meta in vying for dominance in the...

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Business

Voyado gains US majority shareholder: Focus on growth in Europe

Retail technology platform Voyado has a new majority shareholder. Funds managed by the global investment firm Viking Global Investors LP (Viking) are taking over, the company announced today in a press release. Existing shareholders – Novax, Verdane, eEquity and H&M Group – remain involved, as do Voyado’s founders. With the capital injection,...

Retail

Wanna introduces virtual try-on for high heels using AR

Wanna, a fashion AR & 3D virtual solutions provider that’s part of Perfect Corp., has launched its debut virtual try-on experience for high heels. The first of its kind, the experience lets online shoppers see how the high heels would look on their feet and decide on the shape, heel height, and overall style. According to UX insights from Wanna,...

Fashion

Huawei leans into fashion with new wearables at Berlin launch

Huawei has unveiled a fresh lineup of wearables in Berlin, signalling a more fashion-conscious direction for the brand as it looks to blend aesthetics with health tech. The launch, themed “Fashion Next”, introduced updates to its smartwatch and audio products with a clear message: wearables are no longer just about functionality—they’re about...

Fashion

Glasses with offline payment function: Meizu takes next step in wearable tech

Chinese tech firm Meizu launched its latest smart glasses, the StarV Air2 AR glasses, at a press event in Hong Kong on April 29. The built-in offline payment function is remarkable. According to Meizu, it is a world first for AR glasses. The smart glasses are positioned as a possible successor to the smartphone as a means of payment. The glasses...

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Zalando acquires 3D technology specialist DeepAR

Zalando is acquiring London-based startup DeepAR and its associated ShopAR platform featuring 3D technology. The e-tailer confirmed the acquisition in a press release to FashionUnited. Financial terms of the deal were not disclosed. Matthias Haase, vice president of Content Solutions at Zalando, commented: “We are incredibly excited to welcome...

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Meta outlines 2025 vision

Meta's direction for 2025 signals significant implications for digital fashion marketing and e-commerce strategies. According to The New York Times, CEO Mark Zuckerberg recently addressed 70,000 employees, outlining the company's focus on artificial intelligence, data center expansion, and metaverse development, following a strong financial...

People

Burberry appoints Charlotte Baldwin as Chief Information Officer

Burberry has announced the appointment of Charlotte Baldwin as its Chief Information Officer, a move that underscores the luxury brand’s increasing focus on digital transformation. Baldwin, currently serving as Global Chief Digital and Information Officer at Costa Coffee, will assume her new role at the end of March 2025. She will lead Burberry’...

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Study: How does automation affect workers in Bangladesh’s RMG sector?

Bangladesh is the second largest exporter of readymade garments (RMGs) after China, contributing 10.35 percent of the national GDP and 84.58 percent of the country's exports in fiscal year 2023. The country is also home to 61 of the top 100 highest-rated LEED-certified factories in the world and 229 LEED-certified green factories....

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Business

The Rise of Temu: Disruption, convenience, and the hidden costs of hyper-consumerism

In an era of digital marketplace transformation, Temu has emerged as a lightning rod for both economic innovation and critical scrutiny of contemporary consumption patterns. The platform's meteoric rise — achieving a 53 percent year-on-year growth in monthly active users in the United Kingdom — represents more than a digital success story; it...

Fashion

Jacquemus returns to Paris Fashion Week with Apple partnership

French fashion house Jacquemus, renowned for its cinematic runway presentations in countryside locales, is making a much-anticipated return to Paris Fashion Week, this time with a high-tech twist. For its upcoming collection, Jacquemus will collaborate with Apple to revolutionise the way fashion is captured and shared. In a statement on...

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Perfect Corp. acquires virtual try-on expert Wannaby

Beauty and fashion tech solutions provider Perfect Corp. has entered into an agreement with Farfetch, to acquire Wannaby, a digital immersive experiences expert. This acquisition, Perfect Corp. said in a release, represents a significant milestone in integrating advanced technology, enabling the company to expand its offerings into new luxury...