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SHOPPING APP SPRING LURES MAJOR BACKERS: The new app Spring, which is being backed by fashion heavy hitters from Bernard Arnault to Lew Frankfort to Silas Chou, launched a mobile-only marketplace that allows users to shop directly from a community of brands, attracting 450 at launch.

Intel launched the first product from its New Devices Group in cooperation with sms — Biosport earbuds that monitor the wearer’s heart rate.

IDEELI REPOSITIONS UNDER GROUPON: Ideeli’s name change to “Ideel” is just the most outward in a series of moves being made in the wake of the company’s $43 million acquisition by Groupon in January.

CAROLINA HERRERA READIES STYLE APP: Carolina Herrera began to test Herrera Style, an invitation-only app that better connects sales associates with their luxury shoppers.

AMAZON UNVEILS CARD-SWIPING DEVICE: Inc. on Wednesday unveiled a $10 credit-card reader and mobile app for brick-and-mortar businesses, marking the latest step by the U.S. online retailer to expand its presence in the physical world.

Piperlime has overhauled its Web site by reengineering the merchandise mix, integrating social media into shopping and updating its marketing.

LOJAS RENNER, MICHAEL KORS EARN TOP FACEBOOK LIKES: Leading Stylophane’s monthly ranking of the brands with the most-engaged users for July was Brazilian retailer Lojas Renner, which pelted users with 177 Facebook posts last month, garnering 776,908 post likes.

ALIBABA MEDIA UNIT CITES POSSIBLE ACCOUNTING IRREGULARITIES: A media firm Alibaba Group Holding Ltd. recently bought said on Friday a review of its finances revealed possible accounting irregularities, casting doubts about the Chinese e-commerce giant’s due diligence as it prepares for a U.S. initial public offering.

JD.COM QUARTERLY REVENUE RISES 64%: Inc., China’s second-largest e-commerce company, reported a 64 percent rise in quarterly revenue as the number of its active customers nearly doubled.

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