Four Big Problems With Online Retail And The Startups Hoping To Solve Them

SETH PORGES | March 1, 2019

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The worlds of fashion and retail exist in a perpetual paradox. On one hand, they are dynamic and ever-changing built around the idea that neither consumers nor their preferences sit still. But on the other, these industries are old school to a fault, and often set in their ways and surprisingly slow to adopt new ideas and technologies. In other words: While there's an almost universal sense that big changes could be just around the corner in how customers discover and purchase the items they wear, there's still a lot of work to do in terms of actually integrating new technologies and trends into the way brands and retailers do business. To see where the fashion and retail industries could be headed in the future, I reached out to my friends at the New York Fashion Tech Lab (NYFTL): A unique non-profit that pairs early-stage, female-led startups in the fashion and tech spaces with major brands and retailers (companies like Macy's, LVMH, Kohl's, and Foot Locker) in a sort of incubator-meets-mentorship program. (Note: A company I used to work with participated in this program some years back. I have no current involvement with the program nor any of its cohort companies.)

Spotlight

Paddle8

Founded in 2011, Paddle8 brings the tradition-bound auction world into the 21st century. Offering a seamless online process, Paddle8 makes collecting and selling art online an easy, efficient, and enjoyable experience. Paddle8 features specialist-curated auctions, nonprofit auctions, private and buy-now sales in the categories of Post-War and Contemporary Art, Prints and Multiples, Photographs, Street Art, and Collectibles. Paddle8 is especially proud to partner with more than 350 nonprofit organizations worldwide to present their benefit auctions to a global community of 500,000 collectors, helping each organization expand its fundraising results.

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E-commerce Market & Trends: A Report On How India Sells & Shops

Article | April 20, 2020

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Spotlight

Paddle8

Founded in 2011, Paddle8 brings the tradition-bound auction world into the 21st century. Offering a seamless online process, Paddle8 makes collecting and selling art online an easy, efficient, and enjoyable experience. Paddle8 features specialist-curated auctions, nonprofit auctions, private and buy-now sales in the categories of Post-War and Contemporary Art, Prints and Multiples, Photographs, Street Art, and Collectibles. Paddle8 is especially proud to partner with more than 350 nonprofit organizations worldwide to present their benefit auctions to a global community of 500,000 collectors, helping each organization expand its fundraising results.

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