Bonobos closed their Series D funding this morning at $55 million, bringing their total VC investments over $127 million. This time around, the injection will be used for building out the online retailer’s physical locations.
The designers released a special collection of loafers and clutch bags emblazoned with some of our favorite emojis. We have the heart-eyed-cat; the salsa dancer; the purple devil. There’s no eggplant or dark moon, but hey, beggars can’t be choosers. Read More
We don’t know what’s more shocking: that a reality star with a sex tape is gracing the cover of Vogue, or that there’s a hashtagged phrase thrown in, too.
That’s not to say we aren’t thrilled. Kim Kardashian is a megawatt star, and Kanye West is one of the most talented musicians of our generation — not to mention a card-carrying startup bro. They deserve it, they look amazing, and we’re happy to see them on the April cover. We expected this all along, TBH. But what really surprised us is the tech jargon sprinkled around their cover portrait. Read More
What’s a good publicity stunt without a stable of pretty women? Apparently even Y Combinator startups fall prey to that age-old logic. DNAInfo reports that Shoptiques, a fashion marketplace for local boutiques, has planned an elaborate jaunt around Manhattan today to dole out free hugs in exchange for some brand recognition. And judging from their Facebook page, looks like they’ll also have a ton of hot pink swag in tow.
Starting at 11 a.m., five models will begin giving free hugs out in SoHo, then travel up through Washington Square Park, Union Square, Times Square and end at Columbus Circle. The whole schtick is so well-planned that you can even track the models’ location on a sweetly-drawn map on Shoptiques’ website. Read More
Pop-ups are ever popping up about the city like so many mushrooms after a rainstorm, so it was only a matter of time before we saw one just for fashion startups. The New York City Economic Development Corporation has just announced that it’ll be collaborating with retailer Story on a competition dubbed Project Pop-Up NYC. It’s targeted to both up-and-coming retailers and (more importantly for our purposes) innovative fashion tech startups.
Up to three winners will get their very own pop-up within STORY’s Chelsea outpost during the month of September, which of course coincides nicely with Fashion Week. They’ll also win PR support, mentoring and “exposure at key industry events.” That last bit sounds a bit fuzzy, but the right mentor is a pearl beyond price. As many as eight other companies will also get display space. Read More
The Ever-Affable David Karp Talks Tumblr’s Two-Pronged Advertising Strategy at Decoded Fashion Conference
Armed with infographics and and boundless enthusiasm, tech prodigy David Karp wowed the audience at the fashion-tech conference Decoded Fashion on Monday with Tumblr’s astonishing growth and success.
Betabeat was sipping coffee in the lobby of Alice Tully Hall when we saw a young-ish man walk in. He looked like a well-dressed college coed, in a dark suit, black tie and gray sneakers. It wasn’t until we got a good look at his face (and shaggy bowlcut) that we realized we were looking at Mr. Karp, the founder and CEO of Tumblr, and one of the closest things the tech world has to a rock star. A very nice, sort of nerdy rock star.
Mr. Karp settled into his seat onstage with an enthusiastic wave, plying the audience with slides detailing Tumblr’s insane growth. For example, Tumblr has 16 billion pageviews a month, soon to reach 17 billion, with 600 posts per second. Read More
It’s far from perfect, but the fashion industry is in a committed relationship with technology. The day-long Decoded Fashion event at Lincoln Center on Monday explored the facets of the fusion of tech and fashion. While the two can get along swimmingly, the fashion industry’s understanding of tech is limited, and technology is (currently) unable to fix some of fashion’s biggest problems.
Comprised of ten panels with three keynotes (including Tumblr’s wunderkind David Karp), the event celebrated technology’s role in the fashion industry, though many panels also addressed the myriad problems that fashion faces with its expansion online in the era of social media. Read More