Technology news and archive

Amazon shares soar on AI cloud computing boom

San Francisco, US – Amazon's shares soared by almost 10 percent on Thursday. The e-commerce giant announced better-than-expected earnings, driven by the growing demand for its AI cloud computing services. Quarterly sales increased by 13 percent, reaching 180.2 billion dollars across the company, it reported. Net income rose to 21.2 billion...

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EssilorLuxottica: Shares on the rise with 'med-tech' in sights

On October 21, 2025, EssilorLuxottica's shares continued their rise on the Paris Stock Exchange, following a surge of nearly +14 percent the previous week. This momentum reflects renewed investor confidence in the Franco-Italian group. It is now perceived as a key player at the intersection of luxury, health and technology. The catalyst was the...

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AI in fashion: How Otrium uses AI for robotics and content creation

AI is rapidly conquering the fashion industry. While one company waits, another leads the way. Outlet platform Otrium uses artificial intelligence both behind the scenes in the warehouse and at the forefront with generative AI content. Co-founder Milan Daniels explains how this makes the company faster, smarter, and more customer-focused. He...

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Insights from PwC: The mindset of supply chain managers

Audit firm PwC surveyed 610 supply chain and operations managers about the digital transformation of supply chains. The aim was to identify their priorities and tensions, as the supply chain is still perceived as a cost centre, not a strategic lever. While the "Digital Trends in Opérations Survey 2025" report does not directly address the...

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Fashion

Desigual embraces artificial intelligence to expand its creative universe and optimise its operations

The emergence of generative artificial intelligence (AI) in the fashion industry has been as rapid as it has been provocative. First came astonishment, then experimentation, and finally, a more critical stage in which many brands are asking themselves: what role do we want to play in a creative ecosystem increasingly mediated by this technology?...

Retail|Artificial Intelligence

Mango energises shopping experience: WhatsApp channel and AI stylist

Mango continues its commitment to personalising the shopping experience through increased digitalisation. The company has announced the launch of two new digital tools: a WhatsApp channel and "Mango Stylist", an AI-powered fashion assistant and stylist. These are the latest steps in Mango's strategic "Plan 4E", presented in early March 2024. The...

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Altri strengthens its expansion in sustainable textiles with acquisition of AeoniQ

Portugal-based Altri, a producer of sustainably certified cellulosic fibres, is making a significant move into the textile industry by acquiring a majority stake in AeoniQ, a Swiss firm backed by the HeiQ group. This acquisition includes a capital increase and marks a decisive step in Altri’s diversification strategy. For several years, Altri...

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Retail

What is Unified Commerce and why is it so important for fashion retailers?

Although the term has been around for years, Unified Commerce remains somewhat of an emerging concept for many retailers. A recent survey conducted by Bain & Company global consultants, on behalf of Aptos, the retail technology solutions platform, found that the fashion industry still remains largely unprepared for it. However retailers are...

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Fashion

Facebook debuts new shoppings tools across Instagram and its platforms

Facebook Inc. is adding new shopping tools to its platforms, including visual discovery on Instagram. The company is testing a new search function, powered by AI, to help users find similar products, such as a floral dress, just by tapping an image of a dress they like. Soon Instagram will make it possible for people to take photos from their...

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Fashion

A plant-based leather producer just secured 60 million dollars in funding

The next leather jacket you buy could soon be made from mushrooms. Leather alternatives, particularly plant-based, have largely been the subject of laboratory studies rather than large-scale producers of apparel. This may now change, as mycelium technology company, Ecovative, secured 60 million dollars in a funding round to grow materials,...

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FASHINNOVATION Worldwide Talks 2021 - Fashion is NOW

The world of fashion is and always has been at the forefront of change – both through cultural adaptation and also economically. In 2020, the human trajectory and the fashion industry were drastically changed. However, what is important is that we now look ahead and re-create. The feeling of “living in the now” became a crucial way of thinking....

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Fashion

Gucci partners with Zepeto to personalise avatars and virtual world

As the worlds of fashion and gaming inch ever closer together, Gucci has announced a partnership with Zepeto, the app and social media platform to personalize avatars and create virtual worlds. Zepeto allows users to turn selfies into 3-D animated avatars, which can then ‘meet’ other user’s characters on the ‘Zepeto Street’— virtual world for...