The startup will use the newly raised capital to broaden its product range, focusing on expanding into lifestyle, sportswear and innerwear categories.
Technology News
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Farfetch is closing its Farfetch Platform Solutions to prioritize its core marketplace, following ongoing operating losses that have affected its parent company Coupang's profitability. This move signals a strategic shift as the company aims to improve its financial performance by the end of the year.
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SportsShoes.com, the online running shoes, clothing and outdoor gear retailer, has launched its first-ever mobile app to offer the 'best-in-class retail experience' for its customers.
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Kochi-based Seematti Textiles has taken the lead in using artificial intelligence to create its unique brand ambassador.
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Children’s footwear brand Start-Rite has partnered with SizeWise to launch a first-of-its-kind digital foot measuring tool that enables parents to measure their child’s feet wherever they are.
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Paul Smith is intensifying its focus on digital operations, including DTC e-commerce and digital wholesale, while closely integrating these efforts with its physical retail business. The goal is to "create a seamless, global brand presence."
