(Credit: Centric Software) The fall collections at Marc Jabobs and Christian Louboutin dont seem to have much to do with software. But with thousands of different items on line, often different from one region to another, the big business of fashion needs to be more automated than you might think. Thats why both use platforms from a Silicon Valley startup, Centric Software, alongside other brands like Tommy Hilfiger and Nike. Its a specialty business that Centric carved out starting in 2005, and its now raised $24 million to hit the hot market for retail: China. Chinas where the growth is in fashion, especially in private label brands, Centric believesstarting with 30,000 private label brands sold in the big retailers. Private labels are twice as lucrative to a retailer than selling clothes by someone else, so everyone from retail chains to suppliers are getting into the game. Thats why Fung Capitals co-led Centrics Series D round alongside Silver Lake Waterman and with existing partners Oak Investment Partners and Masthead Partnersas the investment arm of $20 billion (revenue) supplier and retailer Li & Fung Li & Fung Limited, Fung Capital invests in B2B companies that can help with its contracts with other retailers and across its own 4,000 stores.
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BaubleBar Raises $10 Million For Its ?Fast Fashion? Jewelry Business | TechCrunch
According to co-founder Jain, Baublebars very compressed supply chain can see jewlery going from design process to being available for sale in as little as 4 weeks. This allows Baublebar to not only have the latest trends, but also react quickly when thingsbecome popular. Weve kind of built a fashion fashion take on the category. When there are new trends, we want women thinking of Baublebar. And when she comes to us, we will have it, Jainsays.
Top Kosovo ex-fighters face organ trafficking, war crimes indictment - Yahoo News
After interviewing hundreds of witnesses and thumbing through thousands of pages on events that took place 15 years ago, "we believe that the Special Investigative Task Force will be in a position to file an indictment against certain senior officials of the former Kosovo Liberation Army," he said. But before bringing alleged perpetrators to justice, Kosovo and the European Union need to agree on setting up a special court to hear the cases -- hopefully early next year. - 'very limited scale' - View gallery A file picture taken on June 17, 1999 shows members of the Kosovo Liberation Army (KLA) marching tow This is because the International Criminal Tribunal for the Former Yugoslavia (ICTY) based in The Hague could not prosecute charges related to the fate of hundreds of people who went missing or were killed in Kosovo in the chaos after the end of the war, in June 1999. Williamson, whose mandate winds up next month, refused to give the names or numbers of those behind "a campaign of persecution" against ethnic Serbs, Roma and fellow Kosovo Albanians viewed as political opponents. His Special Investigative Task Force (SITF) was set up after an explosive 2010 report alleged that senior KLA commanders -- including current Kosovo Premier Hashim Thaci -- removed organs from Serb and other prisoners of war and sold them on the black market. "There are compelling indications that this practice did occur on a very limited scale and that a small number of individuals were killed for the purpose of extracting and trafficking their organs," Williamson told a news carlos shoes conference. But he strongly denied reports in the Balkans that hundreds of people still listed as missing had been murdered for their organs, instead putting the number of victims of the gruesome traffic at around 10.