LVMH in talks to take over Tiffany & Co., Nike CEO Mark Parker steps down, Instagram tackles fake news


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

Top Stories
  • LVMH said to be vying for Tiffany & Co. with $14.5 billion acquisition offer (Fashion Law)
  • Nike CEO Mark Parker steps down (AdWeek)
  • Instagram adds ‘false information’ labels to prevent the spread of fake news (Mashable)
Technology
  • Can China ignite the wearable tech market with smart eyewear? (Jing Daily)
  • Rebag launches luxury appraisal tool Clair to evolve resale market (Fashion United)
  • Voice-enabled purchasing is on the rise (Mobile Marketer)
  • US-based TikTok competitor raises $28m in funding (TheDrum)
  • UK retail to lose 0.5m jobs as automation increases (Fashion Network)
Sustainability & Purpose
  • Nike & Ocean Conservancy announce Arctic shipping pledge (Highsnobiety)
  • H&M joins forces with Ikea to study recycled materials (Fast Company)
  • Selfridges doubles sustainable labelling scheme (Retail Week)
  • Lindex & Asket join Switching Gear project to explore circular business models (Fashion United)
  • Macy’s is banning fur for 2021 (Forbes)
  • Dove is redesigning its packaging to use more recycled plastic (Fast Company)
  • Karen Walker teams with Outland denim on sustainable collection (Fashion United)
  • Farfetch signs The Fashion Pact to tackle environmental issues (Retail Week)
Retail & Commerce
  • Louis Vuitton’s new Bond Street revamp (Drapers)
  • Adidas unveils new digital store in London (GQ)
  • H&M’s new Berlin store signals company’s retail evolution (WWD)
  • Ralph Lauren have launched a vintage Depop shop (i-D)
Business
  • How Hugo Boss is turning its biggest plant into a smart factory (Fashion United)
  • Topshop/Topman logistics split from Arcadia Group (Drapers)
  • Sales at Moncler rise 10% in third quater despite Hong Kong hit (Reuters)
  • ASOS magazine shutters after 12 years (Vogue Business)
  • Next partners with O2 for new shop-in-shops (Retail Gazette)
  • Uniqlo ad sparks protests as South Korea-Japan disputes flare (BoF)
  • L’Oreal finalises acquisition of Mugler and Azzaro from Clarins (Fashion Network)
Marketing & Social Media
  • Dior debuts snapchat AR lenses for Dior x Rimowa luggage (WWD)
  • Smartphones are most popular devices for online shopping (Mobile Marketer)
  • 30 million people tune into Dior Shanghai fashion week show (Fashion United)
  • Tiktok: why retailers need to mast it to reach Gen Z (TheIndustry)
Product
  • Acne Studios to collaborate with Mulberry (Fashion United)
  • Tommy Jeans launches exclusive collection with Amazon fashion (Fashion United)
  • Boohoo launches range with CoppaFeel! to encourage breast checks (Retail Gazette)
  • Disney and ‘This Girl Can’ join forces in brand collaboration (Campaign)
  • Tiffany launches men’s jewelry collection (Hypebeast)
Culture
  • The apps driving China’s ‘he-economy’ (BoF)
  • Instagram bans drawings and memes depicting self-harm (Dazed)
  • Bianca Saunders’s new exhibition is a celebration of black London creativity (i-D)
  • Will Chinese consumers forgive Dior? (Jing Daily)

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