Categories
business digital snippets e-commerce product Retail social media technology

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

A round-up of everything you might have missed in relevant fashion, retail and tech industry news over the past week, including the use of blockchain for Starbucks’ Rewards scheme.

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]

By Rachel Arthur

Rachel Arthur is Editor-in-Chief of Current Daily, the leading news source for fashion, retail and innovation, and the co-host of its weekly Innovators podcast. She otherwise serves as Co-Founder and Chief Innovation Officer of Current Global, a transformation consultancy driving growth within fashion luxury and retail. By background she is an award-winning business journalist and consultant, contributing to titles including Wired, Forbes and Business of Fashion.