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Fashinza, a B2B supply chain marketplace for fashion brands, raises $100M

TechCrunch

. “Even though brands were marking up their retail price at 75% to 80% margins, they were still making only around 8% to 10% profits and losing money due to high inventory wastage or going out of stock. They] struggled with … opacity due to multiple middlemen and their manufacturers being thousands of miles away.”

Fashion 192
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Ghost appears with new funding, marketplace to match buyers with unsold products

TechCrunch

Ghost is coming out of stealth Tuesday with its approach to excess inventory with a marketplace approach that enables brands and retailers to buy, sell and price that inventory in a discreet, efficient and sustainable way. Naturally, they started in apparel but are also seeing opportunity in beauty and home goods.

Apparel 232
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Announcing the startups and judges onstage at TC Sessions: Mobility 2022

TechCrunch

Koop Technologies (Pittsburgh, PA, USA) — Presenter: Sergey Litvinenko, co-Founder and CEO. “Koop Technologies is an insurance platform for autonomous vehicles and robotics. Before SAIC, she led the Corporate Venture Group at Maxim Integrated, where she led multiple strategic technology acquisitions and venture investments.

Mobile 190
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Extra Crunch roundup: China’s new data privacy law, fractional farming, debt vs. equity

TechCrunch

What China’s new data privacy law means for US tech firms. It’s not just venture capitalists and Big Tech who are beefing up their presence in the region. Meet retail’s new sustainability strategy: Personalization. Smart packaging with IoT and distributed ledger technology. Walter Thompson. yourprotagonist.

Data 242
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Arive raises $20M for an instant delivery service beyond groceries and essentials

TechCrunch

Beyond that, white label services — where Arive might sell its backend technology and delivery infrastructure to third-party retailers to build their own instant delivery services — is another area that the company is considering, Fries said. Balderton is fortunate to be backing arive as it scales rapidly across Europe.”.

Retail 212
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Covid-19 Accelerates The Need for Retail, Manufacturing Supply Chains To Adapt

Cloudera

The ongoing disruption to critical supply chains in both the manufacturing and retail space has seen businesses having to respond quickly, turning to data, analytics, and new technologies to better predict and manage ‘real-time’ business disruptions. . Companies are also shifting their technology investments. Brent Biddulph: .

Retail 87
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Is retail ready for a restart in the post-pandemic world?

Capgemini

I have been engaged in the retail industry for 16 years, and I think it has been hit the hardest: millions of jobs lost, an estimated $430 billion downturn in retail revenue according to NRF estimates , 58% reduction in foot traffic across retail industries, and a more than 37% drop in online sales for apparel and footwear.

Retail 52