FAHION INDUSTRY AND E-COMMERCE

The rise of mobile and e-commerce made a huge significance in the fashion industry. With the introduction of online companies like LIBBSY, the fashion industry is so very different as compared to what it was few years back. Most of the major fashion brands are so progressively marking their mark and tend to grow or build their market with the help of the e-commerce platform. Consumers are so engaged to spend their time on online purchasing than direct shopping as it is more convenient by saving time and effort to reach the destination. One need to create an effortless shopping experience to be positively leverage the e-commerce.

                                         

     

           

            Social network plays a vital role here.  I said so, as me as the user depend on the online or the user- generated content before making a purchase. Various social networks are now available [LIBBSY – ONE STOP DESTINATION FOR WOMEN SHOPPING]. Instagram, repost, Facebook, blogs and many more fashion buying and selling application or platforms are at ease for the customers choice. For me the urge to do online shopping have increased from the past as I have more options and seamless services to choose from a single portal rather than running around in a mall with a fuss…

                       

            LIBBSY - WE BUILD MARKET-PLACES FOR YOU TO LEARN AND GROW YOUR BUSINESS

           

E-platforms have made it easier for us. [LIBBSY PROVIDES GOOD QUALITY BRANDED PRODUCTS.] Most of the E-platform effortlessly try to provide highest level of customer satisfaction. As I have experienced that these application have made the users wanting come back for more. In fact, the retailers are keen to work with start-ups to please the hunger for modernism's. Online market-place for women clothing allow them to connect with a selection of products, indirectly helping the growing brands gain limelight through a larger platform.

            For those who want to create their own line of clothing but don’t have access to the resources or funding to do it on their own, these E-app aids to provide ability for the entrepreneurs to use E-platforms like Facebook, blogs or any related apps targeting to promote to specific individuals. 

BE SMART AND CHOOSE WISELY - LIBBSY COMING SOON

5 TRENDS FROM PARIS FASHION

The Paris fashion shows wrapped up yesterday with yellow, wide-legged trousers, transparency and 1970s-inspired looks among the catwalk trends likely to be winging their way towards the high street for spring/summer 2015. The highlight of the nine-day fashion marathon was Jean Paul Gaultier's spectacular last ready-to-wear show before bowing out to concentrate on haute couture.

The hottest ticket in town, the show was crammed with Gaultier signatures such as stripes and bodices and topped off with a large dose of his famously wacky sense of humor. Italy's Giambattista Valli, meanwhile, was elated to have Amal Alamuddin, the new Mrs Clooney, choose one of his couture dresses for her massively photographed postnuptial get-up. Here are five key trends that emerged from the catwalks:

Women Fashion Kuwait

Transparency
Sheer looks were everywhere this season, from Rick Owens and Valentino to Corrie Nielsen and Vionnet. It was all a lot more discreet than the last round of ready-to-wear collections. US designer Owens, whose collection featured a lot of transparent looks, explained that his objective was always "bareness with modesty" when using sheer fabrics. "I try not to have too much
transparency over the bust. I don't like flashing a lot-but I love skin," he said.

Wide-legged trousers
At Chanel they came in the brand's trademark tweedy fabric, at Chloe it was denim, while Balmain plumped for mousseline and leather. Wide-legged and flared trousers, cropped or in some cases virtually trailing along the floor, look set to make a comeback next season.

'Normal'
Paris fashion may not have succumbed to the mass market retail trend for very ordinary-looking clothing known as "Normcore". But many looks on the catwalks did feature a practical feel. From a hoodie poncho at Chloe to a navy ensemble that looked a touch like hospital scrubs at Celine, there were plenty of very simple pieces that left some critics yearning for a few more fireworks. Fashion consultant Jean-Jacques Picart told AFP that fashion seemed to have strayed into "a certain banality". But he said the risk was no greater than a few years when fashion went too far in the other direction in a "frenzy of excess". The balance was likely to be readjusted next season, he said.

Yellow
Always a good color for summer, Emanuel Ungaro designer Fausto Puglisi's glamorous one-shouldered yellow gown and blue and yellow prints were among a string of upbeat yellow looks on the catwalks. Bold dashes of yellow also brightened JC de Castelbajac's abstract patterns and Carven's motor racing-inspired looks. Caroline Herrera meanwhile used sherbet for outfits including a two-piece suit and a long floaty strapless dress. Phillip Lim chose shocking yellow for trousers and tops.

1960s/1970s
It was impossible not to have 1970s flashbacks from one Elie Saab white jumpsuit and some long, floaty dresses with plunging neck lines. Valentino's long-sleeved print dresses exuded the same 1970s feel. Elsewhere Corrie Nielsen went for a string of "Mad Men" style looks and Giambattista Valli also featured 1960s influenced silhouettes. On feet, knee-high laced gladiator sandals completed the retro look.-AFP

CITATION FROM : http://goo.gl/rzirBX

Small investors could be excluded from start-up tax offsets.

Small investors risk being locked out of the digital revolution, thanks to a government proposal to limit access to a 20 per cent tax offset for early-stage, start-up investments, to so-called sophisticated investors.

Restricting the tax incentive to investors with net assets of at least $2.5 million and annual incomes of more than $250,000 would help prevent inexperienced investors from being lured into risky investments.

"Investment in innovation companies is inherently risky. Many investments will lose money, while others have the potential to make large gains,"
The proposal has split the startup community, with some entrepreneurs arguing smart retail investors should have the chance to invest in young companies.

"Not all mum and dad (small) investors meet the sophisticated investor requirement, yet many are very intelligent and capable of understanding the risks," said Clare Hallam, acting general manager of Pollenizer, a company that helps build business incubator programs.

​"For Australia to become a truly innovative nation, we need to commence this education and not exclude mum and dad investors," she said.
Cautious response

Others erred on the side of caution, believing the incentive should be restricted to sophisticated investors.

​Brosa co-founder Ivan Lim said limiting the offset to sophisticated investors would be a "double-edged sword".

"It's good because it ensures that capital is being invested in high-quality companies that have been assessed by sophisticated investors as having a strong chance of success," he said.

"Having said that, there is also an advantage for early-stage startups that need to raise money from friends and family to keep working on their business before they're ready to approach a venture capitalist – in circumstances like this the tax incentive could be helpful."

The 20 per cent tax offset was first flagged as part of Prime Minister Malcolm Turnbull's lauded Innovation Statement in December last year.

But the offset will not be available to all start-ups, with the consultation paper proposing limiting it to "innovation companies" which were incorporated in Australia in the last three years, have assessable income of $200,000 or less in the prior income year, have expenditure of $1 million or less, and is not listed.

Keep Calm and Get Your Startup On

Treasury said in the consultation paper the option of using a "sophisticated investor" test would limit it to people that are "more likely to be able to evaluate offers of securities and other financial products without needing the protection of a disclosure document".
Ineffective tools

Trimantium Capital managing director Phillip Kingston said income and expenditure tests were not effective screening tools to uncover innovative companies.

"Similarly, building a business that will have a material impact on the future of the country will take a long time, so a three-year time limit is too restrictive. Five years would provide a better runway," he said.

"A set of principles that determine the definition of an innovation company make sense. Anything too prescriptive certainly won't incentivise innovation and may have the opposite effect."

Mr Kingston also took aim at the government's proposition of excluding companies in certain industries.

"Some of the exclusions floated in the government's consultation paper are alarming and should be removed.

"Innovation in fintech, B2B and agritech provide some of the greatest opportunities for entrepreneurs and investors to build the future of Australia."

These thoughts were echoed by Unlocked chief executive Matt Berriman who said the consultation paper's suggestions were too restrictive.

"It means investors would only get an incentive for investing in businesses that are really just at concept stage, continuing to over-index incubator and seed investment and widen the already existing problem of series A, B and growth round funding in Australia," he said.

"We're not going to grow another company like Atlassian if you cap the incentives at the levels being indicated."

Disclaimer: Following article come from FinancialReview

Thought of CEO of Uber Company on Indian Startup Ecosystem.

Competition and the drive to serve customers better gives sleepless nights to Travis Kalanick, co-founder and chief executive of one of the world's most valuable start-ups, Uber.

The young billionaire is also impressed by the innovation and creativity coming from the Indian startup ecosystem.

"I lose sleep because of competition but that sleep I lose is similar to how to serve people and cities better. So I like that it is hard, I like the challenge and we feel pretty good about how we are doing so far," Kalanick said on the sidelines of the 'Start Up India' event here.

India is one of the largest markets for Uber globally.

On his advice to start-ups, Kalanick said one has to have a "champion's mindset".

"Put everything that you have on the field, every ounce of energy, every ounce of passion that you have. And when you get knocked down, because inevitably you will, get back up. And if you put everything in and keep getting back up, it's very hard to fail," he added.

Innovation And Creation Are Impressive, Depends On Ideas

Last year, the US-based firm had announced that it will invest $1 billion in the country to improve operations, expand into newer cities and develop new products.

It has also announced the setting up of a facility in Hyderabad, its largest centre outside of the US, with an investment of $50 million over the next few years.

However, its local competitor Ola too has announced huge investments to tap into the under-penetrated market.

Interestingly, Ola has joined forces with global peers Didi, Lyft and GrabTaxi to jointly compete with Uber that has a presence across 67 countries.

Asked about the challenges in the Indian market, Kalanick said these were similar to those in other international cities.

"Challenges for Uber here in India are similar to the challenges in most other cities. You have rules that were adopted in another time and you know what, the old rules that exist today, way back they were new and controversial rules and then they became old," he said.

Kalanick added that these rules are replaced by newer rules that embrace progress, jobs, lowering congestion and reducing pollution.

"Of course, we are working and partnering with cities, states and central government generally to embrace the kind of progress that Uber represents," he said.

On startups in India, the UCLA (University of California, Los Angeles) drop-out said the country has a strong culture of innovation, creation and progress.

"Uber can be a part of that... look, we were a small startup at some point in time. If we can help other startups in India, if we can be a part of the ecosystem here and help mentor them, that's part of giving back to the communities and that's what Uber stands for," he said.

He lauded the action plan announced by the government to promote startups in the country and said the move is "putting fuel on the fire".

"India is going to be a startup and innovation hub that's bigger and its going to get there faster because of the startup action plan that was presented," he said.

Disclaimer: Following article come from DNA

Flipkart Makes Seed Investment In Mobile-Technology Startup Cube26

BENGALURU: Flipkart has made a seed investment in mobile-technology startup Cube26, the latest in nearly a dozen such deals as the ecommerce giant chases innovations to stay nimble and gain an edge over rivals. Flipkart contributed a minority share in a Rs50-crore investment led by Tiger Global in Cube26.

"Our overall investment philosophy is around backing a phenomenal team trying to solve a hard problem in a large market through technology," Nishant Verman, head of corporate development at Flipkart, told ET, adding that the firm especially backs startups focused on mobile technology.

Delhi-based Cube26, which has built multiple mobile-based technologies since its inception in 2012, fits right in. The startup already assists Flipkart and other ecommerce companies in customer acquisition.

Verman said that while a few of Flipkart's investments were in companies associated with its business, others had zero overlap, such as home rental listings startup Nestaway."While we have a lot of great, prominent people in Flipkart, all innovation is not going to happen behind our doors. There are amazing entrepreneurs outside," Verman said.

"(Cube26) is a very disruptive company. We feel this can really impact the lives of users, both today and in the future."

Cube26 has worked with mobile phone manufacturers including Micromax, Panasonic and Karbonn to create customised operating systems for users and gesturelinked features.

The startup, which has acquired 10 patents, recently ventured into building technology related to Internet of Things, which are networks of connected devices.

Cube26 announced that it will make affordable connected devices, the first of which, a smart bulb, will be released in the market in November.


"We are elated at the trust showcased by our investors so early in our journey and glad to be associated with global leaders," Cube26 cofounder Saurav Kumar said.

The now-profitable company, founded three years ago by Kumar, Abhilekh Aggarwal and Aakash Jain, earns a monthly revenue of over Rs1 crore.

Disclaimer :- Following article come from ET

Internet Future Growth Opportunity

The Internet Economy in the G-20

The $4.2 Trillion Growth Opportunity

The Internet accounted for 21 percent of GDP growth over the last five years among the developed countries

Most of the economic value created by the Internet falls outside of the technology sector, with 75 percent of the benefits captured by companies in more traditional industries.

Entrepreneurship - Venture Art

The Internet economy in the world's G20 nations will grow by more than 10 percent annually surpassing the size of the German economy at $4.2 trillion by 2016.

As a proliferation of Web-enabled Smartphone’s is expected to help a total of 3 billion people access the Internet by 2016, online retail, banking, advertising, IT services.

In developed markets, the Internet economy will grow at about 8 percent annually, while in developing markets it will grow more than twice as fast.

Ideas Entrepreneurship Venture Art

The UK has retained its position as the largest internet economy in the G-20, according to research by the Boston Consulting Group.  The internet is now the UK’s second-biggest economic contributor behind the property sector, having overtaken manufacturing and retail.

By 2016, the Internet economy will be contributing 12.4% of GDP in the UK, compared with a G-20 average of 5.3%.

It has reached a scale and level of impact that no business, industry, or government can ignore. And like any technological phenomenon with its scale and speed, it presents myriad opportunities, which consumers have been quick and enthusiastic to grasp. Businesses, particularly small and medium enterprises (SMEs)—the growth engine of most economies.

Mobile Economy - The Future of Entrepreneurship

Mobile Economy is Future

The Internet is a vast mosaic of economic activity, ranging from millions of daily online transactions and communications to Smartphone downloads of TV shows.

An extensive study by the McKinsey Global Institute (MGI)—Internet matters:

The Net’s sweeping impact on growth, jobs, and prosperity—includes these findings:

The Internet accounts for 3.4 percent of overall GDP in the 13 nations studied. The Internet economy, now larger than that of Spain, surpasses global industry sectors such as agriculture and energy.

Over the last five years of that period, its contribution to GDP growth in these countries doubled, to 21 percent.

Mobile Economy 

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Kuwait Internet Economy Outperforms EMs

A new report by The Boston Consulting Group (BCG), reveals that Kuwait boasts a globally competitive Internet economy.   The 2015 BCG e-Friction Index highlights that, on a global level, Kuwait is ranked 40th — ahead of a number of strong emerging economies such as Brazil, China, India, South Africa, and Turkey. On a regional level, Kuwaitis ranked fourth after Qatar, the UAE, and Bahrain.

The Mobile Internet Takes off—everywhere

There are currently almost 7 billion mobile phone subscriptions globally, or one for every person on Earth.

 Research firm eMarketer expects that in 2017, seven of the top ten countries for Smartphone penetration will be in Europe (the U.S. will rank 11), and in three European nations (Norway, Demark, and Finland), Smartphone penetration will exceed 90 percent.

Mobile Economy

In Western Europe, demand for such services will drive data traffic up sixfold by 2017, from 187,000 terabytes to 1.1 million terabytes a month, supported by more 4G networks coming online and existing operators increasing their speed, coverage, and capacity.

A Revolution in Behavior

Of Facebook’s 829 million active daily users in June 2014, 654 million (almost 80 percent) were mobile users.

Travelers today use their phones to board planes, unlock hotel rooms, monitor devices at home (temperature settings, for example), and check in via live video with their families. Mobile payments are common in many economies; mobile apps are transforming banking. The lines between traditional retail, e-commerce, and m-commerce have blurred almost to the point of in-distinction in some markets, as consumers research online, offline, and on the go and buy wherever and however they find the best selection, service, and deals.

Entrepreneurship Ideas

Businesses Are Benefiting, Too

There have been more than 200 billion cumulative downloads from the various app stores since 2008. The rate of growth is mind-boggling: more than 100 billion downloads took place in 2013 alone, of which around 20 billion were in the EU.

·         There are more mobile bank accounts in Kenya than in the UK,

·         Banks in Europe are using mobile apps to transform the banking experience for consumers (you can deposit a check by taking a picture)

Mobile commerce in the EU5 reached €23 billion in 2013 (up 76 percent from 2012) and accounts for 13 percent of all e-commerce. Nearly two-thirds of EU5 e-commerce purchases occur on tablets; the analogous figure for the U.S. is about 50 percent.

The Impact of the Mobile Economy

In the EU5, the mobile economy generated about €90 billion ($120 billion) in revenue in 2013, and it is responsible for approximately half a million jobs, of which about half are physically in EU5 countries. In the 13 countries surveyed for this report, the mobile Internet is already generating some €512 billion ($682 billion) in revenues annually—the equivalent of almost €585 ($780) for every adult in the surveyed countries. The mobile Internet economy employs approximately 3 million people in those countries.

Mobile Internet Revenues Are Growing Fast

The revenues generated by the mobile Internet ecosystem are a substantial contributor to global GDP as well—€512 billion ($682 billion) across the 13 countries that account for 70 percent of global GDP. The mobile Internet is driving significant and growing revenues across Europe—€90 billion ($120 billion) in the EU5 in 2013. Put another way, adult Europeans in these countries each spend €555 a year on phones, tablets, data plans, apps, digital content, and m-commerce.

By 2017, EU5 mobile Internet revenues will have more than doubled to about €230 billion ($300 billion)—an annual growth rate of 25 percent, which is comparable to the growth of these revenues in both China and the U.S. The single largest contributor to this growth will be the apps, content, and services component of the ecosystem, driven by the rapid expansion of mobile shopping and advertising. By 2017, we estimate that mobile Internet revenues will have grown to €1.16 trillion ($1.55 trillion) across the 13 countries surveyed an annual increase of 23 percent.

The App Economy Soars

Mobile apps—the software programs that perform designated functions on a mobile device—may be the fastest growth story in recent history. Originally designed primarily to facilitate productivity and information retrieval (mobile calendars and e-mail, for example), mobile apps quickly expanded into numerous other fields, including gaming, navigation, health and fitness, media consumption, communication, and commerce, to name a few.

 App developers have made 1.3 million apps available through both the App Store and Google Play, some 255,000 through the Windows Store, 240,000 through Amazon, and 130,000 through BlackBerry World. In 2013 alone, apps were downloaded 102 billion times globally (of which 9.2 billion downloads were of paid apps), a 60 percent increase over 2012. Downloads are forecast to rise to 269 billion (15 billion paid) by 2017.

Advertising-Supported and “Freemium” Revenue Models

More and more advertiser spending will shift to mobile over time, as consumer usage continues to increase and targeting technology improves. Global mobile advertising revenues will reach $18 billion in 2014, up from $13.1 billion in 2013, and this growth will continue until 2017, when spending will exceed $41 billion.

Building Apps for Others

One area where developers are demonstrating success is building apps for other businesses. Developers are finding new opportunities to connect, monitor, and control IT devices remotely. Some 25 billion new devices (including cars, heating and air-conditioning units, lighting systems, farm equipment, wearable’s, and security systems) will come online from 2015 to 2020, doubling the current number.

THE NEXT BIG THING: THE INTERNET OF THINGS

A big area of potential growth is machine-to-machine (M2M) communication—networked devices of all kinds, in such industries as automotive, consumer goods, and utilities that exchange information and perform functions without the physical assistance of humans.

An aircraft engine that monitors and reports operating data in-flight is one example; buses and trucks that continually report their location, speed, and other information is another. Research organization IDATE expects the M2M market to reach €40 billion by 2017.