Technology company LightSpeed acquired competitor MerchantOS for an undisclosed sum, giving the firm a much broader reach in the world of point-of-sale software. LightSpeed plans to merge its existing services with MerchantOS, which currently serves retailers in almost 2,500 locations. The deal opens up a new universe of users for the traditionally Apple-centric LightSpeed. The company is also releasing LightSpeed Cloud, a point-of-purchase system for the Web at iPad.The Montreal-based LightSpeed was founded in 2005 by chief executive officer Dax Dasilva and named Quebec’s fastest-growing company in 2011. Venture capital firm Accel Partners invested $30 million in the firm last year. Over the past year or so, the company’s reach has more than doubled to about 15,000 store locations, which includes brands such as Adidas; McLaren; Bonobos; Treasure & Bond, a division of Nordstrom, and Toms Shoes.Dasilva hopes that the new platform- and device-agnostic Cloud — it already has an iPad-optimized version — will widen the reach of services and help the company to partner with bigger national chains that have deeper inventory and more complex back-end systems. Now, any retailer with a desktop computer and browser can use LightSpeed’s technology. Partners will also have the ability to download catalogues directly from suppliers.
To celebrate Pride 2018, @themarcjacobs released the #GratefulNotHateful campaign, a social media initiative aimed at extending Pride beyond the parade. Inspired by Jacobs’ everyday outlook, the campaign features Jacobs along with a group of models and social media stars who are members and supporters of the LGBT community, all seen wearing @marcbeauty’s Highliner Gel Eye Crayons in colors of the rainbow. Head to our Instagram stories to see close-ups of the liner. #wwdbeauty
Virgil Abloh’s dad Nee and Don Crawley, cofounder of RSVP Gallery, were some of the hometown crew at the Chicago-born designer’s debut show for Louis Vuitton. (📸: @jdiderich ) #wwdmens #louisvuitton #virgilabloh
About last night: @marycharteris and @adwoaaboah hit up Hyde Park for the Serpentine Galleries’ annual summer party held in partnership with @chanelofficial. Head to WWD.com to see more photos. #wwdfashion
“This is Paris, my first show. I’m all about democracy. If some kid shows up, flew from New Jersey to just be around, let’s get him a seat.” — @virgilabloh tells WWD’s @jdiderich ahead of his first show for @louisvuitton men’s. (📸: @alfredo_piola ) #wwdmens #virgilabloh #louisvuitton
“Kate Spade was a true fashion icon who brought joy to the lives of women around the world, and inspired women to live life to the fullest. We are dedicated to carrying on her legacy,” said Anna Bakst, brand president and chief executive officer of @katespadeny. The Kate Spade Foundation announced that it will be donating $1 million to suicide prevention and mental health awareness in tribute to the recent death of Kate Spade. Read more on WWD.com. #wwdnews (📷: @chinseephoto)
A first look at @virgilabloh’s sneakers for @louisvuitton. Abloh spoke to WWD about his debut collection for Louis Vuitton, creating @kendalljenner’s #metgala outfit and redefining the heritage brand. Read the full story on WWD.com. #wwdfashion 📷: @alfredo_piola)
The world’s largest producer of denim @iskodenim is sharing the strategy behind its product development process. Read our full interview with ISKO’s product development manager Baris Ozden on the company’s extensive research practices, upcoming denim trends and the latest material innovations on WWD.com. #iskodenim