Tag Archives: start-up

Shopping tool Hukkster hits Time Inc’s top 10 NYC start-up list for 2013

30 Apr Hukkster_banner

Hukkster

Time Inc has revealed its third annual list of the 10 start-ups to watch in New York City, and… there’s a fashion name in there again.

Hukkster, as it’s called, follows in the footsteps of Fab.com and Warby Parker (in 2012 and 2011 respectively) – highlighted by the Time Inc group as one of the most promising companies to transform the shopping space.

In this instance, it’s a tool that notifies shoppers when the products they want go on sale. Hukkster tracks more than 1,000 popular online stores, allowing any user to add its bookmarklet to their browser and then hit “Hukk It” when there’s an item they want to keep tabs on.

Once the price drops you get an email, a text or push notifications. You can also opt to only find out when it goes down by at least 25% or at least 50%.

According to WSJ’s profile on the start-up in 2012, and its founders Erica Bell and Katie Finnegan, each time a user buys an item they’ve been watching, Hukkster collects a fee for lead generation, using a third-party service that has relationships with more than 18,000 retailers. Its top revenue drivers, back when the piece was written, were J.Crew, Amazon.com’s Shopbop and Macy’s.

Furthermore, in November 2012, the Winklevoss twins led a $750,000 investment in it.

Hukkster appears in Time Inc’s list this year alongside nine other start-ups from a variety of fields. Included in them are ArchetypeMe, Custora, FiftyThree, Fitocracy, Grouper, IMRSV, Klooff, Qwiki and Upworthy.

Start-up spotlight: Stylyt

25 Apr Stylyt_banner

Stylyt_TimoWeiland1

Greater consumer participation in today’s brands is a trend that shows no sign of abating. In fashion of course, that’s a huge opportunity, meaning it comes as no surprise to hear there are a number of start-ups exploring the co-creation space. Stylyt, is one such example, a brand new launch that stands out for the fact it’s already working with known designers like Timo Weiland in its offering to consumers.

Founded by Nina Cherny and Jenny Wu, this “collaborative design” site enables its members to explore certain design templates offered from the upcoming collections of designers like Weiland, and customise their colour, print or fabric.

Better yet, however, they can also then potentially own them. Everyone’s submitted designs are pitched against each other in a series of galleries online (as pictured below) from which they can be voted for by the community. The ‘winning’ style from each collection is then made into limited edition pieces and sold exclusively on the Stylyt site.

As the tagline reads: “Play fashion designer for your favourite brands.”

Weiland for instance is offering up a basic backpack shape (as pictured), to which users can adjust the colour of the canvas, the colour of the leather straps and flaps, and even the colour of the ponyskin on the front pocket.

Alongside Weiland’s bags so far, are also summer dresses by Lovers+Friends, wallets and clutch bags by Hayden-Harnett and a series of dresses and tops by Torn by Ronny Kobo. New collaborations are set to open every week.

“By giving consumers a voice in the creative process, brands get to promote their collection to fans who feel involved and appreciated, leading to higher loyalty and meaningful sales,” said Wu.

I chatted to her to find out a bit more information:

How did you establish the relationships you have with each of the designers?

“Our fantastic brand partners either come through our industry connections or traditional routes, such as trade shows and showroom visits. These digitally-savvy, forward-thinking brands understand that by embracing customer input, they can gain loyal customers for life. Timo Weiland, one of our anchor brands, is quoted in our press release as saying ‘We’re obsessed with the technology behind [Stylyt], so this will be a great exercise for us’.”

Customisation often gets complicated once it comes to the manufacturing side. How are you handling this?

“Once winners go on sale, we place a custom wholesale order with each brand. We act as any other e-tailer here, except we sell exclusive, limited-edition pieces from the brand’s upcoming collection. The brands love this because we are not discounting past season’s merchandise, so we’re not diluting their brand.”

Such a system must also provide you with a lot of data. Might this be used to help inform design in the long-run?

“After each collaborations ends, we provide brands with campaign metrics that include trend data from our designs and voting results. For example, we’ll be able to show which colors or combinations were the most popular with which demographic, etc. Our voting model is set up in a way to detect trend patterns over time.”

What are your long-terms plans for scaling?

“We see Stylyt as THE platform for branded collaborations. We plan to expand to new verticals that are design-driven (i.e. home decor, beauty), as well as increase the scale of our collaborations. Soon, you’ll see entire capsule collections designed on Stylyt, or perhaps see Stylyt powering the next fashion reality show. Either way, we’re enabling brands and consumers to connect more directly, a trend that shows no signs of slowing down!”

Design

Showroom

Walk-Off-(Vote)

ThingLink’s interactive images expand to Facebook, again key for fashion

24 Apr Thinglink_banner

Burberry_ThingLink

You might remember this piece about ThingLink - a tool that lets you tag any image, with any content, making it instantly interactive. I wrote about its potential relevance to the fashion industry when it launched embeds in Twitter, demonstrating it in action with a Burberry image (as above in a non-interactive format) that to this day is still getting regular “hovers” over it week to week according to my email alerts.

News now has arrived of its integration with Facebook. When you share a ThingLink-enabled image to your Timeline, much like with how it worked on Twitter already, fans are able to experience the content inside the image without leaving the page.

An example has been released from Médecins Sans Frontières to demonstrate it. But this once again this has enormous application for fashion brands trying to share more than just a still shot of their collections. Their videos, show music, e-commerce pages and more.

As referenced previously from Mashable: “That single photo, in essence, just became a platform of its own.” Armani is an example of one designer officially using it, and already doing so on Facebook.

On a similar note, TechCrunch has just reported on rival tool Stipple’s new social commerce element called Stipple Shopping. This allows photos to be placed on Facebook and Twitter that users can explore, compare and now actually buy from too, likewise without leaving the image. Single photos that instantly become stores therefore.

It’ll be interesting to see what cut-through these tools might have. While increasing interaction and engagement is a worthy aim, whether they can actually impact commerce is another question.

Check out the video below…

Third Wave Fashion launches database of fashion tech start-ups

16 Apr thirdwavefashion_database

There’s no denying we’re in one of the most lucrative times for fashion and tech start-ups. As reported by The Business of Fashion recently (in debating whether there’s a fashion tech bubble), large sums of capital have been pouring into young companies over the past couple of years, including Moda Operandi ($46 million), Nasty Gal ($49 million), ShoeDazzle ($66 million), BeachMint ($75 million) and Gilt Groupe ($236 million). The latest news in Farfetch’s $20 million and Rent the Runway’s $24.4 million can both be added to that.

Keeping abreast of all this, not to mention the multiple others entering the space on a seemingly daily basis, however, is a heady task. Have you ever wondered just how many there actually are in total for instance? How many of them last past their first year, let alone make returns for their investors? And how many of them are truly relevant to you directly?

Fortunately someone’s been keeping tabs. New York-based consultancy company, Third Wave Fashion, has been tracking the space for two years, and is set to launch a database listing over 650 fashion-focused tech companies in order for us to try and get a handle on it.

Available for paid subscribers, the site is searchable by over 30 different business categories, including image sharing, content-and-commerce, subscription commerce, virtual closets, pre-orders, marketplace and more. These can then be cross-referenced with some 50 tags such as B2B, beauty, luxury and mobile. It also includes listings for 350 investors and 800 founders.

Third Wave Fashion founder, Liza Kindred, said: “The database is a culmination of nearly two years of monitoring the industry. We began tracking companies so we could have a comprehensive view of the landscape, and quickly realized that this information would be valuable to many other people as well.”

She pitches it as a “trusted resource for interested parties such as fashion brands, investors, entrepreneurs, journalists, and emerging designers searching for new platforms for distribution”.

The database will continue to grow as the industry does, but also feature that all-important RIP category for those failed start-ups too.

Further reading: The State of Fashion Tech, a keynote by Liza Kindred

All the winners from the 2013 Fashion 2.0 Awards

14 Mar Robert_Yuli_and_Simon_web_CF.1_banner

Fashion 2.0 Awards host Robert Verdi; Style Coalition founder and CEO Yuli Ziv; Simon Doonan, Barneys New York creative ambassador at large - pic by Patrick McMullan

Marc Jacobs took the top innovator award at Style Coalition’s fourth annual Fashion 2.0 Awards in New York last night, an event dedicated to celebrating the best in communications strategies across digital media platforms.

Voted for by the public, the event also saw Jacobs taking the best Facebook title. Saks Fifth Avenue won two awards too: best blog by a fashion brand, and best website.

DKNY was named best Twitter for the fourth year in a row, while the Fashion 2.0 visionary award was presented to Rent the Runway founders Jennifer Hyman and Jenny Fleiss in acknowledgment of their “achievements in disrupting the retail industry and democratizing luxury fashion”.

Here’s the full list:

Pic courtesy of Patrick McMullan

Digital snippets: Diesel, Wrangler, John Lewis, Covetique, Daily Mail, Grazia

5 Dec Florals

Some more great stories from around the web surrounding all things fashion and digital over the past week:

  • Diesel’s pre-internet shoe experience challenges consumers to go offline for three days [Creativity Online]
  • John Lewis seeking to make social media a ‘more integrated’ part of its business [Marketing Magazine]
  • Daily Mail group launches fashion sharing website [Media Week]
  • Grazia magazine launches on the iPad [Grazia]
  • In a click, a vivid fashion garden: how technology is enabling a new genre of prints (as pictured) [NY Times]

Infographic: millennial shoppers and their online influences

19 Nov

Forewillow*, a new Ohio-based ‘re-commerce’ start-up, has just released an infographic about millennial shoppers that’s sprinkled with some interesting facts. It outlines that 28.5% of the US population, or those classified as millennials (born from the early 80s to early 00s), will have more buying power than any other generation by 2017.

It also suggests they are 16% more likely to explore brands online than non-millennials (top clothing labels include Forever 21, H&M, Gap, Levi’s, Express and Nike), and that 64% of them want brands to offer them more ways to share their opinions online.

Already, 60% of them spend time creating user-generated content such as reviews, compared to just 29% in other generations. And 42% of them say they’ll share positive and negative feedback via social media channels before going directly to the company themselves.

See the whole thing, below…

*Forewillow invites users to sell bundles of clothes to others who share their size and style – doing so enables them to earn virtual currency to buy their own bundles from someone else. It aims to target millennials who are “fashion conscious but not designer obsessed”, and help them “live in today’s ‘one and done’ fashion mindset without breaking the bank”. Find out more here.

Digital snippets: Prada, Instagram, ASOS, adidas, American Apparel

6 Nov

Some more great stories from around the web surrounding all things fashion and digital over the past week:

  • Prada debuts iPad app, Il Palazzo [WWD]
  • Instagram introduces web profiles (see picture of Burberry page above) [Mashable]
  • ASOS shoppable videos drive holiday sales and brand engagement [BrandChannel]
  • Op-ed: The problem with most fashion-tech startups [BoF]
  • Shopping site The Fancy sells a $26 million round [AllThingsD]
  • Fashion brands sell their image with online video content [eMarketer]

Cheap Monday allows fans to unlock and shop new collection before Stockholm fashion show

24 Aug

Swedish brand Cheap Monday is providing Facebook fans with exclusive access to its spring/summer 2013 collection ahead of its show at Stockholm Fashion Week next week.

Launched in partnership with e-commerce start-up Tictail, the “Sneak Peek Shop” allows consumers to purchase a limited number of key items ahead of time including shirts, jeans and jewellery.

Essentially a digital pop-up shop, it is unlockable via a code, which is only accessible to those who like the brand’s Facebook page.

“Our fans and customers all over the world are the fundament of Cheap Monday. We strive to find new ways to build our relationship with them and offer exciting products and services. We hope that making it possible to purchase our SS-13 Collection before everyone else through our partnership with Tictail is just as exciting for our customers as it is for us,” says Håkan Ström, COO at Cheap Monday.

The initiative premiers Tictail’s “Exclusive Access” feature, which allows retailers to limit store access through a login service, making it possible to offer special treatment for chosen customers. “In this case, Cheap Monday turns fashion logic upside down by selling items from the new collection before it even hits the catwalk and uses the feature to give Facebook fans early access to the shop through a code,” reads the write-up.

Carl Waldekranz, co-founder and CEO of Tictail, which is named one of Wired magazine’s hottest 100 European start-ups in its September 2012 issue, adds: “We aim to empower all types of businesses, and help erase borders between them and their customers. It’s great to see smaller retailers using Tictail to sell directly to customers, and now to see a global innovative brand like Cheap Monday using it to fit their needs.”

The Cheap Monday shop opens today, ahead of Tuesday’s show (when it then becomes available to everyone), and will remain accessible until September 2. All purchases will be delivered during 2012, before they hit stores in 2013.

The show is being live-streamed online on Tuesday at 9.30pm CET at www.cheapmonday.com/show.

Digital snippets: Louis Vuitton, Project Runway, Westfield, Nike, Macy’s, Ikea

23 Jul

Some more great stories from around the web surrounding all things fashion and digital over the past week:

 

  • Louis Vuitton’s Yayoi Kusama app turns pics into polka dot art prints (as above) [PSFK]
  • Virtual Heidi Klum rates outfits of visitors to New York’s High Line via interactive Project Runway billboard [AdWeek]
  • Westfield pits East against West in social media Olympics campaign [Campaign]
  • Nike to run real-time Olympics Twitter ads [The Drum]
  • Macy’s rolls out Shopkick mobile rewards app nationwide [AllThingsD]
  • Retail brands can benefit from greater reach on Facebook by targeting their fans’ friends [Media Week]
  • B2B fashion sites on the rise [WWD]
  • Spoonflower lets users design and sell own custom fabric [TechCrunch]
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