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Editor's pick product

Heist uses crowdsourced data to launch inclusive line of tights

Heist Studios
Heist Studios

Heist Studios has announced the release of five new tights in a variety of nude shades as a result of crowdsourced data from over 1,000 women. The new additions will add five new shades to Heist’s current line of nude tights when released later this week.

The diverse colour palette was sourced from “The Nude Project”, a crowdsourcing effort for which Heist created a dedicated microsite where it is asking women globally to share their own unique “nude” skin tones. Launched back in 2017, the project aims to create an ongoing range that reflects the needs of its audience accurately, says the brand.

“We know from our customers that women shy away from wearing nude garments for the most part because, with only a limited range of shades on offer, they are unable to find a suitable match,” says Heist. “We saw the furore around Meghan Markle’s tights at her first royal engagement as Duchess of Sussex, with the press lambasting the shade of nude. Our extended range seeks to solve this problem.”

Heist Studios
Heist Studios

The new range will be available to purchase from July 30 in the UK market in sizes ranging 4 to 14, while an extended sizing range from 16 to 24 will be released in October.

By launching the range in a wider variety of both shades and sizing, Heist continues to make strides towards inclusivity and diversity, which have been at the core of its DNA since inception. Additionally, reflecting its consumers’ voices in both product and advertising allows the brand to remain a strongly authentic voice in the market.

The strategy has allowed the UK-based company to quickly position itself as a true disruptor in both direct-to-consumer retail and the hosiery category itself, as CEO Toby Darbyshire told us on TheCurrent Innovators podcast in April. 

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technology

Third Wave Fashion launches database of fashion tech start-ups

There’s no denying we’re in one of the most lucrative times for fashion and tech start-ups. As reported by The Business of Fashion recently (in debating whether there’s a fashion tech bubble), large sums of capital have been pouring into young companies over the past couple of years, including Moda Operandi ($46 million), Nasty Gal ($49 million), ShoeDazzle ($66 million), BeachMint ($75 million) and Gilt Groupe ($236 million). The latest news in Farfetch’s $20 million and Rent the Runway’s $24.4 million can both be added to that.

Keeping abreast of all this, not to mention the multiple others entering the space on a seemingly daily basis, however, is a heady task. Have you ever wondered just how many there actually are in total for instance? How many of them last past their first year, let alone make returns for their investors? And how many of them are truly relevant to you directly?

Fortunately someone’s been keeping tabs. New York-based consultancy company, Third Wave Fashion, has been tracking the space for two years, and is set to launch a database listing over 650 fashion-focused tech companies in order for us to try and get a handle on it.

Available for paid subscribers, the site is searchable by over 30 different business categories, including image sharing, content-and-commerce, subscription commerce, virtual closets, pre-orders, marketplace and more. These can then be cross-referenced with some 50 tags such as B2B, beauty, luxury and mobile. It also includes listings for 350 investors and 800 founders.

Third Wave Fashion founder, Liza Kindred, said: “The database is a culmination of nearly two years of monitoring the industry. We began tracking companies so we could have a comprehensive view of the landscape, and quickly realized that this information would be valuable to many other people as well.”

She pitches it as a “trusted resource for interested parties such as fashion brands, investors, entrepreneurs, journalists, and emerging designers searching for new platforms for distribution”.

The database will continue to grow as the industry does, but also feature that all-important RIP category for those failed start-ups too.

Further reading: The State of Fashion Tech, a keynote by Liza Kindred