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Emperia is helping brands like Bloomingdales build shopping experiences in VR

TechCrunch

Does the average person want to shop for apparel in virtual reality (VR)? internet users were expected to shop in VR ahead of the 2022 holiday season. Despite competition from vendors like Obsess and ByondXR, Emperia has 45 customers across sectors including fashion, beauty, luxury apparel and sports.

VR 222
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Cobalt launches from beta with a $2.8M seed to help creators launch products

TechCrunch

As internet creators and influencers grow their followings, it’s not always intuitive what the best way to monetize might be. These products go beyond an influencer moneygrab — Cobalt is deliberately not developing apparel products, since Black is concerned about the environmental impact of fast fashion.

Apparel 250
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Lily AI lands new capital to help retailers match customers with products

TechCrunch

provides a product recommendation tool that draws on data from across the internet. Meta has also experimented with apparel attribute prediction for Facebook Marketplace, two years ago showcasing a system that could extract clothing attributes and fashion styles from photos of models on Instagram and Flickr. For example, Depict.ai

Retail 226
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Arive raises $20M for an instant delivery service beyond groceries and essentials

TechCrunch

The funding is being led by Balderton Capital, with Global Founders Capital (the firm connected to Rocket Internet’s Samwer family), Burda Principal Investments, La Famiglia and 468 Capital also participating. (La

Fashion 212
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Wiliot raises $200M as it preps a SaaS pivot, licensing its ultralight, ambient-power chip technology to third parties

TechCrunch

Other industries that have been talking with Wiliot include consumer packaged goods companies, furniture companies and the apparel industry (which has been a big adopter of RFID). With version 2, the ambient power aspect will also expand.

IoT 246
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The power players of retail transformation: IoT, 5G, and AI/ML on Microsoft Cloud

CIO

Thanks to cloud, Internet of Things (IoT), and 5G technologies, every link in the retail supply chain is becoming more tightly integrated. With 5G-enabled smart mirrors, a person can virtually try on apparel.

Retail 158
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Has the CIO title run its course?

CIO

Power’s newly minted CBTO is Marc Sule (pictured above), who previously served as CIO of apparel and promotional products company alphabroder for six years. The title is appropriate, he says, because “we have business technology,’’ while the term CIO “is over 60 years old and harkens back to mainframes.”

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