Third Wave Fashion // JULY 2013 // THE WEDDING TECH ISSUE | Page 17
The world of fashion provides an inspiring
backdrop to all things fashion tech. Here
are events in fashion impacting the
industry as a whole.
YOUNG ENTREPRENEURS BYPASS COLLEGE FOR
BUSINESS
Twenty-year-old designer Maddy Maxon has recently become the
first to receive a $100k scholarship from the iel Foundation,
created in 2011 to help aspiring entrepreneurs. She has created a
pattern optimization soware called Meld that the young designer
hopes will transform the garment industry. - New York Magazine
A FASHION BRAND MADE FOR URBAN CYCLISTS
Iva Jean, a functional cycling lifestyle brand based out of Seattle, has
released a line of garments that make cycling easier for women. e
fashionable exercise line uses smart materials and design to
streamline cycling into the mainstream. - PSFK
LUCKY MAGAZINE HIRES NEW EDITOR IN CHIEF
In the world of magazines, editorial changes happen in the blink of
an eye. At Lucky Magazine, recent newcomer Eva Chen has been
named Editor in Chief. Formerly Beauty Director at Teen Vogue,
Eva brings digital and online commerce experience with her on
recommendation from Vogue’s Anna Wintour in efforts to bolster
the Condé Nast media brand. - Fashionista
From Wall Street to the global economy,
economic trends shape our world. For more
investment information and funding trends, see
Show Me The Money on page 26.
A M A P O F K I C K S TA R T E R
ACTIVITY SHOWS MAJOR
FUNDING AREAS IN THE U.S.
BITCOIN EXCHANGE MT. GOX
S U S P E N D S U. S. D O L L A R
WITHDRAWALS
FEDERAL
RESERVE
CHAIRMAN’S REMARKS
CONCERN TRADERS
A paper released on NBER features a map
that displays all Kickstarter funding events
by state. California and New York
dominate in terms of money raised, food
startups see funding in North Carolina,
and Tennessee sees music startups raising
money. - Business Insider
A recent rise in the volume of bitcoin
deposits and withdrawals on Mt. Gox has
led to increasingly difficult transaction
processing for the bank. For two weeks at
the end of June, cash withdrawals of USD
were suspended temporarily pending an
upgraded trading engine. - Business
Insider
A recent press conference with Federal
Reserve Chairman Bernanke has traders
concerned about a potential slowdown of
asset purchases in 2013. A massive
subsequent selloff saw Nasdaq drop 79
points, with commodities and bonds
taking a significant nosedive. - Forbes
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