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

Bezos’ $10bn climate pledge, Condé Nast’s TV debut, Burberry’s carbon neutral runway

A round-up of everything you might have missed in relevant fashion, retail and tech industry news over the past week, including Bezos’ $10bn climate pledge.

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

Top Stories
  • Amazon’s Jeff Bezos pledges $10bn to save Earth’s environment (The Guardian)
  • Conde Nast is launching its own TV & film studios (Highsnobiety)
  • Burberry introduces carbon insetting and carbon neutral LFW runway (The Industry)
  • China takes 9-1 lead over US in tech patents (Kikkei Asian Review)
  • Three unveils immersive 5G show at London Fashion Week (Campaign)
  • Augmented reality is getting real (Scientific American)
  • Democracy tech will be the next hot investment space (Wired)
  • Is fashion ahead of facial recognition? (Vogue)
  • Facebook buys AR start up for a reported $40m (VRScout)
Sustainability & Purpose
  • Nike outlines environmental & social initiatives in Impact Report (Highsnobiety)
  • How China’s ban on importing waste has stalled global recycling (Yale E360)
  • Fur industry launches global sustainability strategy ‘natural fur’ (Sourcing Journal)
  • Can Fashion’s new activists make sustainability sexy? (BoF)
  • Alexander McQueen are donating old fabric to young designers (i-D)
  • Demand for ‘organic’ product is growing, but consumers no not understand the term (Fashion Law)
  • Top of the Crop: Adidas, Ikea, H&M Group rank in sustainable cotton (WWD)
Retail & Commerce
  • Amazon has a secret luxury fashion site (BoF)
  • Stitch Fix officially launches ‘shop your looks’ (Retail Dive)
  • Showfields takes a bow, sets second unit in Miami (WWD)
  • Primark to open first wellness pop-up shop in Boxpark (Drapers)
Marketing & Social Media
  • Instagram overtakes Facebook in audience of top 50 brands (Mobile Marketer)
  • WhatsApp now has 2 billion users (The Verge)
  • Walmart’s new social media strategy has boosted app downloads 50% (Digiday)
  • Chanel to host immersive botanical exhibit in Paris (WWD)
  • How Adidas is using Whatsapp as a direct marketing channel (Digiday)
  • Snapchat will now offer mental health tools in the app (MIT Technology Review)
  • The golden age of Instagram marketing is over (BoF)
  • Golden Goose acquired by Permira (BoF)
  • Forever 21 rescued by landlords for £62 million (Retail Gazette)
  • Walmart to end Jetblack shopping service (WSJ)
  • Simon snaps up Taubman malls for $3.6B (Retail Dive)
  • Acne-patch brand Starface picks up $2 million investment led by BBG (Vogue Business)
  • Gymshark named Britain’s fastest-growing fashion brand (Drapers)
  • Where are the designers who truly get modern women? (The Cut)
  • Rihanna’s lingerie line accused of deceptive marketing (NYT)
  • Inside China’s burgeoning sneaker market (Vogue Business)

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.