ICYMI: Starbucks’ blockchain rewards scheme, luxury in the age of digital Darwinism

Starbucks’ Rewards scheme

Starbucks’ Rewards scheme

A round-up of everything you might have missed in relevant fashion, retail and tech industry news over the past week.

TOP STORIES
  • Starbucks’ Rewards scheme is part of its much bigger vision for a blockchain-backed digital currency [TheDrum]
  • Luxury in the age of digital Darwinism [McKinsey]
  • Meet fashion’s first computer-generated influencer [BoF]
  • Instagram appeal: How social media is changing product development in beauty [Digiday]
TECHNOLOGY
  • Retail spending on AI to reach $7.3B by 2022 [Retail Dive]
  • MIT scientists created accessories that change color to match your outfit [QZ]
  • The Grammys brought IBM Watson’s artificial intelligence to the red carpet [AdWeek]
  • Walmart’s new robots are loved by staff—and ignored by customers [TechnologyReview]
RETAIL & E-COMMERCE
  • Bonobos CEO Andy Dunn explains the Walmart acquisition: ‘We have a safe and permanent home’ [Glossy]
  • Personalization is a priority for retailers, but can online vendors deliver? [AdWeek]
  • H&M moves into the off-price marketplace with Afound [FashionUnited]
  • Selfridges launches world’s first in-store boxing gym [FashionNetwork]
  • Mashable and eBay team up for launch of shoppable images pilot [TheDrum]
PRODUCT
  • Adidas Boost: the sneaker technology that changed a company’s fortunes [GQ]
  • GlassesUSA.com to launch 3D printable glasses [FashionUnited]
  • Amazon just patented some creepy “Black Mirror”-esque tracking wristbands [FastCompany]
BUSINESS
  • After 15 years, eBay plans to cut off PayPal as its main payments processor [Recode]
  • Ralph Lauren is discovering how hard it is to fix a brand [Fortune]
  • H&M admits ‘mistakes’ in handling shift to online shopping [FT]
  • JD.com puts France at the heart of its internationalization strategy [FashionNetwork]