Category Archives: Wearables

Foot Locker invests $100 million in GOAT Group

Foot Locker, the mostly mall-bound retailer of mass market sneakers, has invested $100 million in the sneaker marketplace and retailer of primarily rare and exclusive high-end athletic and lifestyle shoes, GOAT Group. The companies said that the investment would eventually lead to Foot Locker and Goat Group combining their efforts across their digital and physical retail platforms. GOAT said in a statement that the company would use the investment to accelerate its global operations and expand its omnichannel experience and its technologies. IT Manager Clint Arndt, CEO […]

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TrueFacet, which sells pre-owned, authenticated watches and jewelry, is raising a $10 million round of funding

The secondary luxury goods market has been growing wildly in recent years, with more shoppers opting to both sell their lightly used luxury goods like clothing and jewelry for cold, hard cash, as well as buying the pre-owned, authenticated luxury goods of others. One of the biggest beneficiaries of the trend is The RealReal, a nearly eight-year-old shopping destination for the growing population of people who might not be willing or able to purchase a new Hermes Birkin bag but are willing to buy one in like-new […]

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Rothy’s just landed $35 million from Goldman Sachs to sell more of its popular ballet flats

Rothy’s, a three-year-old, San Francisco-based company that makes a variety of colorful flats for women, has some more walking-around money today. According to Bloomberg, the company just closed on $35 million in funding from Goldman Sachs’ asset management unit. The round brings the young company’s total funding to $42 million, including an early $5 million investment from Lightspeed Venture Partners, and $2 million in convertible notes, including from Finn Capital Partners, M13 and Grace Beauty Capital. Goldman’s interest in the company isn’t surprising. Rothy’s doesn’t disclose how many […]

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Farfetch bets on sneakers with $250M Stadium Goods acquisition

The lines between streetwear and luxury fashion have blurred in recent years, especially as excitement around sneaker brands like Yeezy and Off-White has soared. A marriage between a luxury fashion marketplace and a sneaker and streetwear reseller seems like a natural way to wrap up M&A in 2018. With that said, Farfetch has acquired New York-based Stadium Goods, opting to pay $250 million for the sneaker startup in a combination of cash and Farfetch stock. Headquartered in London, Farfetch went public on the New York Stock Exchange […]

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Silentmode’s PowerMask is a $200 connected relaxation mask

I barely slept, the second night in Chunking Mansions. The loud neighbors, the hot Hong Kong air, the landlord banging on the door after midnight. None of these things are particularly conducive to a peaceful rest, and for once in my life I actually looked forward to attempts at shut eye on the 15+ hour flight home in the morning. For all the dread of returning to the notorious Hong Kong hostiles that evening, after a day of exploring the area, I was actually looking forward to […]

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Soundbrenner’s wearable metronome gets a modular upgrade

It took all of 14 minutes for the Soundbrenner Core to hit full funding. Not too shabby. Last week, the wearable maker closed out its campaign with more than 10x its $50,000 goal. A few days later, we sat down with the startup at the headquarters of Hong Kong-based accelerator, Brinc. Soundbrenner has already made a bit of a name for itself with Pulse. The connected, wrist-worn device brought some clever innovation to the metronome, that old familiar piano-mounted accessory long banished to the dustiest corners of […]

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The WT2 in-ear translator arrives in January, with real-time feedback coming soon

Timekettle was eager to show us the progress it’s made on the WT2 since it first showed us its wearable translation device at TechCrunch Shenzhen, this time last year. Unlike their 3D printed state at last year’s event, the crowdfunded earpieces are now ready to ship. They’ve already started going out to early backers and will begin shipping in January to those who pre-order now. The hardware is quite solid. The set up looks a bit like an oversized AirPods case that snaps together magnetically. The idea […]

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Unicorn shoe startup Allbirds debuts a high-top sneaker

Allbirds, the shoe startup that entered the unicorn club last month following a $50 million funding round, has unveiled its latest feet holders. Dubbed the Tree Topper, the high-top sneaker marks Allbirds’ fifth shoe style. The Tree Topper, which retails for $115, features merino wool knit, eucalyptus tree fiber fabric and sugarcane-based foam. “The Tree Topper is a true representation of our approach to design and sustainability,” Allbirds Head of Design Jamie McLellan said in a press release. “With just the right amount of nothing and comfort as a […]

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Peak Theory lines up media partners and funding as Cubcoats becomes a phenomenon

With a planned cartoon series coming up, partnerships in place with Major League Baseball, NBCUniversal and other media companies of heroic proportions, the founders creating the kids clothing phenomenon, Cubcoats, are on a roll. Peak Theory, launched by longtime friends Zac Park (who’s 29) and 35-year-old Spencer Markel, is the company behind Cubcoats, a hoodie that transforms into a puppet (or a puppet that transforms into a hoodie?). With their first product, the two founders have achieved the kind of viral success in its first year that most […]

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Spire Health Tags are now on Apple’s shelves

Spire’s Health Tags, the dark and tiny devices you stick on your clothes to gather all sorts of health data from your steps, heartbeat and stress levels is now available at your local Apple Store. The company started out with a breath tracking device to detect when you are feeling tense and help calm you down. But four years in and its now all about the wearable “tags” you stick on items of clothing like your pants or sports bra. Yes, yes, there are lots of gadgets out […]

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