business Campaigns digital snippets e-commerce product Retail social media sustainability technology

Turmoil at The RealReal, Facebook’s rebrand, Prada’s sustainability loan

A round-up of everything you might have missed in relevant fashion, retail and tech industry news over the past week, including The RealReal’s shares plunge over doubts on ‘no fakes’ pledge.

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

Top Stories
  • The RealReal’s shares plunge as poor training and tough quotas cast doubt on ‘no fakes’ pledge (CNBC)
  • Facebook changes product branding to FACEBOOK (BBC)
  • Prada is first in industry to sign sustainability-linked loan (Vogue)
  • Tommy Hilfiger switches to 100% digital design (Vogue Business)
  • Estee Lauder brings AI shade-matching tool to stores (WWD)
  • Panera cooks up mobile-only AR ads that aims to bring transparency to menu offerings (Mobile Marketer)
  • Forget about 5G, China has kicked off its development of 6G (Quartz)
  • Will Alibaba’s AR makeup technology change the Chinese beauty market? (Jing Daily)
  • Why design will make or break the 5G revolution (Quartz)
Sustainability & Purpose
  • Schuh launches take-back scheme (Drapers)
  • Weird Fish launches grass paper bags (Retail Gazette)
  • Re:newcell creates new eco-friendly material (The Industry)
  • The Queen is going fur-free (Fashion United)
  • AIA denounces Trump’s withdrawal from the Paris Agreement (Dezeen)
Retail & Commerce
  • Birchbox to pop up in 500 Walgreens stores for the holidays (Retail Dive)
  • Kim Kardashian West joins livestreaming e-commerce craze (Radii)
  • Moncler unveils ‘House of Genius’ pop-ups (Fashion United)
  • Gucci rolls out new pop-up concept (BoF)
  • Pandora unveils new retail concept in the US (WWD)
  • Stadium Goods and Watches of Switzerland to open exhibit (WWD)
  • Lovehoney unveils first bricks-and-mortar pop-up (Retail Week)
  • Maison Margiela opens SoHo concept store (Fashion United)
  • Alibaba Singles’ Day set to challenge $31billion record (BoF)
  • Adrian Cheng wants to build the Estee Lauder of Asia (Vogue Business)
  • John Lewis weekly fashion sales decline 16.6% (Fashion United)
  • Global K-beauty market to be worth $21.8bn by 2026 (Fashion Network)
  • Boots appeals to broader audience via partnership with Glamour (Campaign)
  • Canada Goose protest injunction rejected (Drapers)
  • Fitbit reports a 12% fall in revenue (Fashion Network)
Marketing & Social Media
  • Coperni presents new creations via interactive Instagram feature (Fashion Network)
  • Google ramps up ecommerce offering with shopping ads on Youtube (Campaign)
  • Hiding ‘likes’ is good for the influencer economy (BoF)
  • East launches first homeware collection (Fashion United)
  • Kanye just unveiled a new foam sneaker made from algae (Fast Company)
  • Acne Studios and Mulberry launch collaboration (Drapers)
  • Streetwear took over the fashion industry? Now what? (BoF)
  • How ‘conscious consumerism’ is driving demand for Blockchain (WWD)
  • Calvin Klein launches ‘bra talk’ video series (Fashion United)

How are you thinking about innovation? The Current Global is a transformation consultancy driving growth within fashion, luxury and retail. Our mission is to solve challenges and facilitate change. We are thinkers and builders delivering innovative solutions and experiences. Get in touch to learn more.

By Hannah Reed

Hannah Reed is Junior Researcher at the Current Global, where she contributes to both the editorial site and consultancy projects for clients including Google, Farfetch and Shiseido. Her research background is focused specifically on how artificial intelligence and data can transform the high street, while her interests lie in how new technologies and broader innovation can impact the global retail landscape.