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Bits & Bytes | Apple Watch, Zalando, Amazon, Memebox

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Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.

Apple Watch | Source: Apple

“Making Apple’s Watch Fashionable” (The Business of Fashion)
“For Apple’s Watch to work, the company will need to harness an ecosystem of fashion and accessories designers as well as an ecosystem of app developers.”

“Online Retailer Zalando Selling Stake Worth $465 Million” (Bloomberg)
“Zalando SE, Europe’s largest online fashion retailer, is selling 17.9 million existing shares after reporting its first full-year profit.”

“The Apple Watch Is Here. You Have $17,000?” (Re/Code)
“Chief Executive Tim Cook used the stage at the Yerba Buena Center in San Francisco to tout the smartwatch’s now familiar features.”

“Amazon Opens Store on Alibaba’s Tmall” (Reuters)
“Amazon.com Inc has opened an online store on Alibaba Group Holding Ltd’s fast-growing online marketplace, Tmall.com as it seeks to expand in China.”

“South Korean Cosmetics Startup Memebox Aims Globally by Raising $29 Million” (Forbes)
“One startup is taking beauty sales online with the hopes that it can capture a market that does more than $500 billion in annual sales globally.”

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