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AI.Fashion raises 3.6 million US dollars in funding

Los Angeles-based AI.Fashion, the Y Combinator-backed leader in AI technology for the fashion industry, has raised 3.6 million US dollars in seed funding in a round led by Neo. Launched in 2023 by experts from Google, Microsoft, and MIT, AI.Fashion aims to “empower the next generation of models,” by ensuring real humans and creatives remain...

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Design

Adidas enters teens' market for EUR1 billion

The German athletic apparel firm announced its plans to enter the competitive teenage girls’ apparel market. Adidas hopes to make up to additional 1 billion euros ($1.3 billion) in revenue by 2015. “Teenage girls are a target group we didn’t really reach so far, whereas boys are closer connected to Adidas via sports,” said Erich Stamminger, the...

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