Fashion| Mass Production Impacts Cashmere Quality

Cashmere is a beautiful example of an ugly word: “masstige”, when the forces of the global economy take a prestige product to the mass market. Dr Carol Kerven counts the human cost: goat herders in Inner Mongolia are shortchanged, selling their goat hair for as little as $2.30 a kilo. By the time it reaches the international market …

Technology|The Fingerprint that Changed the Face of eCommerce

Originally posted on Quartz:
Alibaba and Apple, whose bosses expressed an interest in marrying their respective mobile e-payments platforms last month, have moved from flirting to dating. Alibaba’s Alipay payments affiliate announced yesterday that it will allow users to authenticate their accounts with the iPhone’s fingerprint sensor instead of a password, indicating a deepening relationship between the two…

BUSINESS |Mike Jeffries: How the Captain Left his Post

Originally posted on Quartz:
Mike Jeffries, the longtime CEO of teen clothing retailer Abercrombie & Fitch, stepped down effective today without a successor. Jeffries weathered controversies that may have sunk many other CEOs, and defined the company’s previously successful aesthetic, but he couldn’t weather changing tastes and a reversal in the stock performance: The company’s share price is up more than 6% on…

BUSINESS | A&F CEO Mike Jeffries and Others Jump Ship

Originally posted on Fortune:
It’s not your imagination. There has been more turnover in retail’s highest ranks in 2014, and the departure of Abercrombie & Fitch’s [fortune-stock symbol=”ANF”] longtime CEO Mike Jeffries on Tuesday after years of sales declines at the teen clothing retailer is only the latest example. Indeed, outplacement firm Challenger, Gray, &…

Fashion | The 6 Sheep Behind Men’s Suits

Nearly every suit on the market today — especially in the high and mid-range area of the market — is made from wool shorn from the descendants of just four ewes and two rams. It all started in 1789 when King Charles IV of Spain gave six merino sheep as a gift to the Dutch government …

Technology|Amazon Threatens to Bypass U.S Laws

Originally posted on Fortune:
(REUTERS) – Amazon.com Inc plans to shift more of its drone testing outside U.S. borders unless it gets quick permission from U.S. regulators to conduct outdoor trials, the company said in a letter to the Federal Aviation Administration late on Sunday. The U.S. online retailer has already started conducting outdoor tests…

Media | Does Bad News Really Sell?

Originally posted on Quartz:
In what turned out to be a rather disheartening social experiment, the Russian news site City Reporter only reported good news to its readers for an entire day. The site brought positive news stories to the front of its pages and found any and all silver linings in negative stories (“No disruption on the…

Technology | Facebook “irritates” Tim Cook?

Originally posted on Fortune:
“The story of Facebook’s first decade,” writes Time Magazine’s Lev Grossman in next week’s cover story, “was one of relentless, rapacious growth, from a dorm-room side project to a global service with 8,000 employees and 1.35 billion users, on whose unprotesting backs Zuckerberg has built an advertising engine that generated $7.87…

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