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Former Myntra chief’s fashion startup Virgio valued at $161 million in new funding

TechCrunch

Fashion startup Virgio, co-founded by Amar Nagaram, former chief executive of Myntra, has raised $37 million in a new financing round as the young firm looks to build “a global fashion brand” from the South Asian market. On Sensor Tower, the app reflects very little metrics as it is still too small.).

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

TechCrunch

Bearing the brunt of the impact is the fashion industry, which employs millions of workers at retail stores, suppliers, and manufacturing factories around the world. Fashinza , a Dehli, India-based supply chain “marketplace” for fashion brands and retailers, was co-founded months before the disruptions.

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How SAP Helped a Leading Apparel Manufacturer Stay in Fashion with International Customers

CIO

If there is one universal truth, it’s that fashion is fickle. In the apparel industry, what’s in fashion one day may be out of fashion the next. That way, you can keep up with ever-changing demand and stay in fashion with your retailer customers — as Crystal International Group, Ltd. SAP solutions have helped us succeed.”

Apparel 130
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Value Stream Management for digital transformation: A new maturity model

CIO

However, without a clear understanding of value streams, teams can only work to make improvements in a largely piecemeal fashion. However, at this phase, groups aren’t fully harnessing these metrics to guide holistic process improvements. Pilot initiatives have been initiated, and new approaches are being tested and evaluated.

Fashion 272
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The vital role of technology in a disrupted fashion industry

Capgemini

To say the fashion industry has been strongly affected would be an understatement. While the disruption continues, there will still be changes ahead that fashion companies should expect and anticipate. This is just one metric. SAP, and in particular SAP S/4HANA solutions, will be invaluable for fashion companies.

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TMV’s Soraya Darabi explains how to land your first ‘yes’ from an investor today at 11 am PT/2 pm ET

TechCrunch

She also co-founded two companies: Zady, which helps with sustainable fashion manufacturing, and Foodspotting, a visual guide that helps diners find dishes near them (since acquired by OpenTable).

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Working to understand Rent the Runway’s IPO valuation

TechCrunch

To combat that look, Rent the Runway provided adjusted profitability metrics that excluded inventory depreciation. This morning, let’s quickly calculate its IPO valuation range, its resulting multiples, and compare the company to a related entity to get a grip on what the market is telling us about the fashion rental unicorn.

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