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Farfetch IPO Shows Luxury Retailers Ready To Ware Online

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Fashion is the armor to survive the reality of everyday life,” said fashion photographer Bill Cunningham. Why should luxury fashion be any different? As the company claims in the F-1: “Farfetch is the leading technology platform for the global luxury fashion industry. Securities and Exchange Commission (SEC).

Retail 40
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Bitcoin Daily: Singapore Sees Blockchain’s Cross-Border Benefit; NYAG Calls For Disclosure Of Bitfinex/Tether Deal

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The New York State Attorney General ( NYAG ) Letitia James wants to see documents regarding an alleged deal made between cryptocurrency exchange Bitfinex and stablecoin operator Tether that “misled their clients and investors.”. We are excited to collaborate with our partners to deliver these improvements.”.

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IBM Partners With YOOX NET-A-PORTER

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Having previously declined a (reported) attempted buyout from Amazon in favor of merging with Italian retail firm YOOX, the resultant YOOX NET-A-PORTER GROUP (YNAP) has now teamed up with a big technology player.

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Rent-A-Center Sold For $1.37B

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Kahn, managing member and founder of Vintage, said, “We believe that the combination of Rent-A-Center, Buddy’s and Vintage is a compelling opportunity to utilize our resources and expertise to enhance value and create a leader in the rent-to-own industry.”. Vintage also owns rent-to-own operation Buddy’s Home Furnishings.

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NEW REPORT: Hibbett Sports (Finally) Steps Up To The eCommerce Plate

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But while most merchants are embracing omnichannel strategies as the market continues to evolve, some established retailers are still looking to get the eCommerce ball rolling, dot-com-style. Before this summer, Birmingham, Alabama-based Hibbett Sports, a chain founded in 1945 with more than 1,000 stores in 35 states, was one of the holdouts.

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Will Finally Going Online Be An eField Of Dreams For Hibbett Sports?

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In the decades since the first eCommerce purchases were made in the 1990s, nearly every major business in the United States has gone to cyberspace to make sales. The Birmingham, Alabama-based sporting goods retailer — which owns and operates more than 1,000 storefronts — had maintained a streak of more than 70 years without selling online.

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QR Codes Sizzle, Smart Parts Fizzle And Facebook Bows Out Of AI Assistants

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We’re taking these useful insights to power other AI projects at Facebook. We continue to be very pleased with the performance of M suggestions in Messenger, powered by our learnings from this experiment.”. Facebook’s M Fizzles. But not anymore. Instead, it aimed to make the private chat experience more productive.