ICYMI: Lush abandons social, buyers send sustainability message, learning resale from Nike
A round-up of everything you might have missed in relevant fashion, retail and tech industry news over the past week.
TOP STORIES
- Lush abandons social media: it’s ‘getting harder’ to talk to customers [The Drum]
- The world’s fashion buyers are sending a strong message to designers about sustainability [Quartz]
- What Chanel can learn from Nike about the resale market [BoF]
TECHNOLOGY
- Amazon readies Alexa-powered earbuds [Retail Dive]
- Ikea’s new smart speaker looks like a HomePod crossed with a lamp [The Next Web]
- Everything you need to know about the Pinterest IPO [NYT]
SUSTAINABILITY & PURPOSE
- ‘Buy local’ seeks to reduce fashion’s environmental footprint [Vogue Business]
- Salvatore Ferragamo promotes sustainability with art and fashion exhibition [WWD]
- Galeries Lafayette launches second-hand fashion platform [Fashion Network]
- Fur supporters plan to keep fighting New York City’s proposed ban on fur sales [WWD]
RETAIL & E-COMMERCE
- According to Amazon’s new horoscopes, the stars want you to go shopping [Vox]
- The line between social media and e-commerce is beginning to disappear [Fashionista]
- Gucci opens doors to pop-up apartment [Campaign]
- The new retail: today’s China is tomorrow’s America [Jing Daily]
- Singapore’s $1.3 billion airport expansion is half botanical garden, half mega-mall [Fast Company]
- H&M subsidiary to start trialing secondhand sales next week [WWD]
MARKETING & SOCIAL MEDIA
- Ermenegildo Zegna introduces new fragrances with special installations [WWD]
- New Balance invests in gamified mobile ads to win over young, global customers [Glossy]
- Asos ‘upweights’ digital spend as it puts focus on acquisition [Marketing Week]
PRODUCT
- Rodarte unveils a collaboration with Universal Standard [Vogue]
- Guess to sell vintage capsule via Fred Segal [Fashion Network]
- How Cos is changing the way we think about design [Vogue]
BUSINESS
- Asos pre-tax profits plunge 87 percent [Fashion United]
- Why Tommy Hilfiger is selling better than ever [Vogue Business]
- Sales surge at LVMH [Drapers]
- Allbirds goes all-in on China [WWD]
- Debenhams falls into administration [Drapers]
CULTURE
- Estée Laundry: the Instagram collective holding the beauty industry to account [The Guardian]
- The shady truth about inclusive beauty (and how brands can improve) [BoF]
- Virgil Abloh’s real value to Louis Vuitton isn’t about the clothes he can sell [Quartz]
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