Hot sneaker marketplace GOAT adds former Twitter COO Adam Bain to board

 Sneaker resale marketplace GOAT has been on a bit of a tear since I covered them nearly two years ago. The streamlined app and the incredibly buzzy sneakerhead market have combined for some pretty impressive growth and stickyness. Now GOAT’s Eddy Lu and Daishin Sugano have recruited former Twitter COO Adam Bain, who was a natural fit because he was a user before they ever met. Read More

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Walmart to buy Bonobos for $310M as it doubles down on fashion

 Walmart today doubled down on its efforts to continue building out a online retail fashion business in its bid to outpace Amazon in the wider world of commerce and specifically e-commerce. Today it announced that it would acquire menswear site Bonobos for $310 million in cash. The deal is part of a bigger strategy at Walmart, the world’s largest physical retailer, to grow its… Read More

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Snap is developing a second version of Spectacles which may include augmented reality

 Snap extended the sale of its Spectacles into Europe this month, but already the company is working on a second version of the video-recording glasses which could be quite radical, according to a source with knowledge of the plans. The first set of Spectacles went on sale last year and are priced at $129.99. They allow their owner to take photos and videos which can then be posted to the… Read More

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Amazon’s Echo Look companion app goes live

 Amazon’s odd foray into the world of selfie cameras via the Echo Look is now complete with the launch of a companion application for iOS and Android devices that works with the new connected camera. The app allows Echo Look owners to view live previews from the Look’s camera, take a picture, survey their outfits, mark favorites, compare styles and more. The company had… Read More

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Brit + Co raises $15 million to grow its media and merchandise businesses

 Brit + Co, the media startup founded by Brit Morin, is announcing an additional $15 million in funding led by Verizon Ventures (TechCrunch’s parent company). Former Uber President and Target CMO Jeff Jones will also be joining the startup as an advisor. San Francisco-based Brit + Co will be using the funding to expand its digital content business that targets women. They will also… Read More

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How Echo Look could feed Amazon’s big data fueled fashion ambitions

 This week Amazon took the wraps off a new incarnation of its Alexa voice assistant, giving the AI an eye so it can see as well as speak and hear. The Echo Look also contains a depth sensor that’s being used, in the first instance, to create a bokeh effect for a hands-free style selfies feature that Amazon is hoping will sell the device to fashion lovers, by making their outfits pop… Read More

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