TECHNOLOGY
Silq Smooths Out Transparency Issues Within the Apparel Supply Chain
By Dorothy Crouch | April 29, 2021
Supply-chain management continues to evolve and, at the forefront of that evolution, San Jose, Calif.’s Silq leads the way. Founded in March 2020 by Ram Radhakrishnan, the company’s chief executive officer, and Kate Alexander, vice president of operations, the company serves as a manager of production, extending the reach of a client brand’s sourcing and merchandising abilities by utilizing the expertise of local industry professionals in India; Guangzhou, China; and Ho Chi Minh City.
Epson Pushes Ahead in Printer Innovation With New Releases
At Epson America, Inc., the first half of 2021 has seen the release of new printers that will serve the needs of an evolving apparel industry. Earlier this year, the company unveiled its SureColor F3070, an industrial direct-to-garment printer and, on April 13, it released its industrial-level SureColor F10070H 76-inch-wide dye-sublimation machine.
New Watson Capabilities From IBM Afford Trustworthy AI to Businesses
Announcing new capabilities for its Watson business artificial-intelligence technology, Armonk, N.Y.-headquartered IBM revealed fresh approaches that it hopes will build trust in data and AI.
Red Carpet Green Dress Launches RCGD App
Red Carpet Green Dress announced the launch of its digital RCGD App on Thursday. The application is currently available to download through the Apple Store and Google Play Store.
Industry Focus: Technology—By the End of 2021, What Type of Technology Will Make the Largest Impact on the Fashion Industry and How Can Apparel Professionals Prepare?
One of the most important lessons professionals in the fashion industry learned during the past year was the crucial role that technology plays in cultivating an apparel business. From supply chain and sourcing to design, manufacturing and retail, different technologies have helped save businesses in every corner of the industry.
FreedomPay and Foot Locker Announce Partnership
Seeking greater payment security and flexibility, the New York–headquartered Foot Locker, Inc., and Philadelphia’s FreedomPay announced that the FreedomPay Next Level Commerce platform would be implemented across the athletic retailer’s more than 2,000 stores in the United States.
CGS Welcomes Daniella Ambrogi as Global Marketing Director
New York–headquartered Computer Generated Solutions recently announced the hire of Daniella Ambrogi as the company’s global marketing director. In her role, Ambrogi will be responsible for CGS’ global marketing strategy for fashion, footwear, accessories and consumer-lifestyle goods.
B2B E-Commerce Marketplace Heats Up As NuOrder Announces Major Investment
The market for business-to-business e-commerce platforms has been heating up in the last year. The Los Angeles–headquartered technology company NuOrder announced last month that it had raised $45 million in a round of funding led by venture capital firms Brighton Park Capital and Imaginary Ventures.
Browzwear Partnership Affords 3D-Prototype Innovation to Artistic Milliners
Committed to transformative manufacturing processes that will improve the apparel-making industry, Artistic Milliners announced a partnership to design its garments using Browzwear 3D-prototype technology.
Cybersecurity Drill Offered by CISA and RH-ISAC
The Cybersecurity and Infrastructure Security Agency, and umbrella trade group Retail and Hospitality ISAC, of which National Retail Federation is a partner, have developed a cybersecurity drill, which will run in June—with an exact date yet to be announced—and they are inviting businesses to participate.
Newmine Announces Tony Arona as Chief Revenue Officer
Newmine, the Southborough, Mass., artificial intelligence-based returns-reduction solution announced that Tony Arona has joined the company as its chief revenue officer.
Technology Company 3DLook Announces $6.5 Million in Funding
3DLOOK recently announced that it had raised $6.5 million in Series A funding, which brings the technology company’s total fund-raising to $11.2 million. The recent round of funding was led by Almaz Capital with participation by TMT Investments and Zubr Capita.
Klarna Charts a Focus Beyond Fintech With Toplooks Acquisition
The Stockholm-headquartered payments company Klarna entered the United States market in 2015 as part of a wave of fintech companies that offered digital layaway programs. These technologies have been embraced by millennials and Gen Z.
NuOrder Announces $45 Million in Funding
NuORDER, a Los Angeles-headquartered business-to-business e-commerce platform announced March 10 that it had raised $45 million in a round of funding led by Brighton Park Capital and Imaginary Ventures.
Poshmark Announces William Ingham as First Chief People Officer
Social marketplace Poshmark announced the appointment of William Ingham to fulfill the company’s new role of chief people officer.
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