U.K. travel market sees mobile acceleration, shifting infrastructure landscape

U.K. travel market sees mobile acceleration, shifting infrastructure landscape

The United Kingdom travel market reached £53.5 billion in gross bookings in 2024, up 7% from the previous year, according to Phocuswright’s latest research report, U.K. Travel Market Essentials 2025. Although growth is expected to moderate to around 5% annually from 2026, the market remains robust—particularly in digital channels. Online penetration climbed to 88% and is…

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Perfect launches AI-powered solution to reimagine virtual fashion shopping

Perfect launches AI-powered solution to reimagine virtual fashion shopping

Perfect is a provider of AI and AR-powered beauty and fashion technology. Credit: T. Schneider/Shutterstock. Perfect, a developer of AI and AR-powered beauty and fashion technology, has unveiled AI Clothes Try-on, its new generative AI-driven solution to improve fashion shopping experience. With this technology, consumers can virtually try on a variety of outfits, with range…

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Joint trip brings Chinese tech solutions to Gulf

Joint trip brings Chinese tech solutions to Gulf

Hong Kong Chief Executive John Lee Ka-chiu (front right), communicates with Chen Jiao (front left), executive CEO of PCI Technology Group, during his Middle East trip.  The company is an intelligent transportation service provider headquartered in Guangzhou, Guangdong. (PROVIDED TO CHINA DAILY) Chinese mainland entrepreneurs who visited the Middle East with Hong Kong officials and…

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MySize enters circular fashion, recommerce with Percentil deal

MySize enters circular fashion, recommerce with Percentil deal

Percentil is a managed marketplace for secondhand fashion with operations in Europe. Credit: Svittlana/Shutterstock. MySize’s strategic acquisition for €610,000 ($679,000) follows the insolvency of Percentil’s previous proprietor within Spanish jurisdiction. It also marks MySize’s first foray into the circular fashion and recommerce sectors. The total cost of the acquisition includes a cash payment of €40,000…

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