Nearly 78 per cent of European live sellers intend to increase their efforts this year, according to this survey, and McKinsey estimates that it may account for 20 per cent of online sales by 2026.
Technology News
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Later this year, the company plans to utilise the money to speed up the distribution of its service throughout the US, Belgium, the Netherlands, and the Nordic region.
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This strategic move towards opening digital doors signals the brand's expansion plans and the e-commerce site is set to feature their clothing range for the Australian buyers.
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H&M uses AI to generate model 'twins' for campaigns and social media. While models retain rights and receive equal pay, concerns rise over job security and ethical implications.
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Google is rolling out virtual try-on tools for apparel and makeup in the US, along with its Vision Match feature, helping consumers find fashion items based on specific descriptors.
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Manufacturing Tech
Jakob Müller Group acquires MEI International to strengthen label weaving solutions
Worldwide leader in narrow fabric weaving equipment, Jakob Müller Group (JMG), has purportedly stated that it has acquired all of MEI International's shares.