Mobile wallet transactions in India increased by 40 times in the past five years, 1.5 times faster than the global average, according to the National Cyber Security Coordinator in the PMO, Gulshan Rai.
The PVH group has set up a new denim research centre in Amsterdam. Daniel Grieder, CEO of PVH’s Tommy Hilfiger, explained to FashionNetwork.com how the centre gives his brand an edge in the jeans market.
Fossil Group said on Thursday it would sell its intellectual property related to a smartwatch technology currently under development to Google for $40 million, sending the watchmaker’s shares up as much as 11 percent.
The international sportswear giant has unveiled the Nike Adapt BB: a basketball shoe capable of continually altering its fit and the first product to be released as part of the brand’s new Nike Adapt platform.
Amogue Expedite will formally launch its styling app to the public this month after receiving funding from the Rajasthan Government. The app allows users to find curated outfits for different body types and occasions.
Next May, the luxury giant will award a prize for the best customer experience solutions for the group’s labels to a start-up. Eligible start-ups must have less than 10 years in business and 100 employees.