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5 beauty tech trends that can't be ignored

Pubblicato da Redazione Area CIO il

The beauty industry isn’t just for the ladies. It extends well beyond luminizers and lipsticks, and covers services and products that make us look our best. Think: grooming and barber shops. The male beauty industry is now worth US$50 billion.

It’s unsurprising that the global beauty industry is currently enjoying a 5 percent growth. Asia-Pacific alone is expected to yield US$6.6 billion in revenue from 2016 to 2021.

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  • By Redazione Area CIO il in Fashion

Syte.ai, a visual search startup just for fashion, closes $8M Series A

Pubblicato da Redazione Area CIO il

Syte.ai, a visual search startup focused on fashion products, announced that it has raised an $8 million Series A. The lead investor is NHN Ventures (the investment arm of Korean internet services giant NHN), with participation from Naver Corp., messaging app Line Corp., Magma VC, Remagine VC, KDC Ventures, and NBM Ventures.

Co-founder and CMO Lihi Pinto Fryman was working as an investment banker in London when a red dress in Vogue caught her eye. She tried to find a similar one online, but couldn’t.

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  • By Redazione Area CIO il in Fashion