Tag Archives: Electronic commerce

iCloudModel Wants To Revolutionize Shooting for E-commerce Fashion | Business | Instant News


SHANGHAI – (BUSINESS WIRE) – 16 Apr 2021–

iCloudModel, the world’s first model management company to use artificial intelligence to create out-of-the box solutions for Chinese fashion designers and brands to create high-quality, realistic images for fashion e-commerce.

This press release features multimedia. Check out the full release here: https://www.businesswire.com/news/home/20210416005142/en/

China has the most mobile users and more e-commerce activity than any other country in the world. According to the Digital Market Outlook, the fashion e-commerce apparel segment is expected to reach $ 169 Billion in revenue by 2020 to $ 256 Billion by 2024.

This iCloudModel (ICM) and Mad Street Den (MSD) partnership comes at a time when the COVID-19 pandemic has affected nearly every business. The pandemic has caused increasing disruption to the mobility of international models. With this technology, we shoot international models on location without having models in China. Clients photograph their own clothes with a mannequin anytime at their location. The turnover can be as fast as 24 hours and costs 25% of the traditional shoot production, “he said David Lim, Founder and CEO of ICM.

“This Generative Adversarial Networks technology is able to understand what clothes look like and visualize them on a model and also show how realistic the digital models are generated by AI. Every model in the library is a completely fit model; digital for cyberspace, including size, shape, and posture. Using artificial intelligence, technology turns clothes into model images taking into account the natural shape, rotation and displacement of the body, “said Costa Colbert, Chief Science Officer.

“Fashion combined with technology sometimes becomes a trend. Artificial intelligence and models are a wonderful match. I believe this new innovative solution will revolutionize the business management model for fashion e-commerce production “, said Dejan Markovic, President of the North American Elite.

About iCloud ICM Model

The birth of ICM has come from careful market research combined with 20 years of experience in business modeling and a desire to bring something innovative and radical to fashion e-commerce production.

Led by a new generation of creative visionaries and industry pioneers, ICM uses a strong worldwide scouting model to develop high fashion and great commercial models and promote to Greater China customers, as it grows in fame, is respected for its professionalism, creativity and dedication to present and future fashion.

See the source version at businesswire.com:https://www.businesswire.com/news/home/20210416005142/en/

CONTACT: Media

On [email protected]

+86 138161 20632

www.icloudmodel.com

KEY WORDS: CHINA ASIA PACIFIC

INDUSTRY KEYWORDS: RETAIL SOFTWARE ONLINE FASHION ONLINE MOBILE / WIRELESS SOFTWARE

SOURCE: iCloud ICM model

Business Wire Copyright 2021.

PUB: 04/16/2021 04:28 AM / DISC: 04/16/2021 04:28

http://www.businesswire.com/news/home/20210416005142/en

Business Wire Copyright 2021.

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Amazon launches a new food brand, Aplenty | Instant News


Amazon.com Inc.
AMZN,
+ 0.21%

Monday said it had launched a new privately labeled food brand, Aplenty, which would include snacks such as pita chips, crackers and mini cakes, as well as seasonings, frozen foods and kitchen staples.

Amazon’s newest label comes after a pandemic year in which consumers cook and snack more at home.

Overall, online grocery sales also jumped 52% in 2020, according to the JLL’s Grocery Tracker 2021 report. JLL provides market research, retail business insights, and retail property management services.

“It’s unlikely that people will abandon online shopping even when vaccines are widespread – with increased efficiency and costs, many customers are already doing it
added convenience to their weekly routine, ”said the report.

See: Smoothies and salads: Kroger says these 4 items account for 28% of his production sales

However, the report said that the widespread COVID-19 vaccination would drive increased eating in restaurants and could impact the grocery business.

But home food will always lead to sales, and grocery retailers are working to continue to drive demand, with private labeling a key part of that strategy.

Kroger Co.
KR,
+ 0.50%

says his private label is a $ 26 billion business by 2020. The pilot for Home Chef’s fast food is coming soon.

Target Corp.
TGT,
-0.13%

also launched another food brand in April, Favorite Day, which focuses on snacking.

In its latest revenue, Target said it has 10 proprietary brands with $ 1 billion in sales.

Too: Aim to launch another food and beverage brand in April, Favorite Day

Read: ‘Plexiglass will be awake for a while’: Shoppers remain anxious about COVID but head back to the store

And Albertsons Cos. Inc.
ACI,
+ 2.49%

announced in late March that it had partnered with Google for a series of technologies that would make online grocery shopping easier and more convenient.

Amazon shares are up 3.3% for the year while on the S&P 500 index
SPX,
-0.02%

has gained 9.8% for the period.

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Nykaa Fashion acquired Pipa Bella | Instant News


Nykaa Fashion, a multi brand fashion electronic commerce The platform, on Monday said it had acquired online jewelry brand Pipa Bella. With Bella Pipe, Nykaa Fashion aims to expand its jewelery category to offer fashion jewelery and accessories, said a statement.

However, the company did not disclose the financial details of the transaction.

Pipa Bella will continue to offer its services on its own website and also expand this function as a consumer brand under the Nykaa Fashion portfolio, he added.

Pipa Bella’s jewelry line includes more than 1,500 styles and the brand targets urban women aged 22-35.

“We have seen an increasing trend of minimalist and premium personalized fashion accessories in the Indian market. At Nykaa Fashion, we strive to present the best quality and variety of these products to meet the demands of the audience,” Adwaita Nayar, CEO of Nykaa Fashion and Founding Team Member at Nykaa, said.

He added that Pipa Bella reflects Nykaa’s vision to always prioritize good quality and neatly arranged designs at affordable prices.

“Our goal is to extend the brand’s signature design to a much wider landscape by becoming a complete accessory label. We believe that there is a strong opportunity to provide premium fashion jewelery with contemporary design and functionality at the heart of it. customer experience, “Said Nayar.

Bella Pipe founder Shuchi Pandya said Pipa Bella has always been a customer-centric brand, with a focus on premium design at a reasonable price.

“It has found strong synergies with Nykaa Fashion’s position in the e-commerce fashion landscape and the way it engages with a wide customer network across the country. This association will enable Pipa Bella to reach a larger customer base and take advantage of the large number of customers visiting Nykaa. Fashion every month, “he added.

Nykaa Fashion previously strengthened its product portfolio by acquiring the Twenty Dresses brand.

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BGD e-Gov CIRT signs an agreement with Cyber ​​Wales in the United Kingdom | Instant News