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Raf Simons joins Prada, Wexner out at Victoria’s Secret, influencers introduce paywall

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

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

Top Stories
  • Miuccia and Raf: Fashion’s new power couple (WWD)
  • Wexner steps down as Victoria’s Secret goes private (NYT)
  • Influencers are putting up paywalls. What does that mean for brands? (Vogue Business)
  • Coronavirus could cause a €40 billion decline in luxury sales in 2020 (Vogue Business)
  • 5G could be the future of AR collaboration (VR Focus)
  • Facebook will now pay you for your voice recordings (The Verge)
  • Puma brings targeted hologram ads to car roofs for NBA All-star game (Marketing Drive)
  • Tech predictions for social media and marketing (Campaign)
  • Digital transformation projects don’t fail because of a shortage of tech (TNW)
  • PVH readying its value chain reinvention ‘blueprint’ (WWD)
Sustainability & Purpose
  • Dior partners with Louvre to restore Tuileries Garden (WWD)
  • In London, young designers pave the way to sustainability (Vogue Business)
  • Is the EU ready to back the Green Deal? (Forbes)
  • Mulberry moves factory floor to London as it thinks green (WWD)
  • Could playing in installments make sustainable fashion more accessible? (Fashionista)
  • New Diesel ‘Upcycling For’ project embraces sustainability (Highsnobiety)
  • Richard Malone wins the International Woolmark prize (Vogue Business)
Retail & Commerce
  • Farfetch launches BEAT, the future of drops (Highsnobiety)
  • ThredUp to facilitate resale for consumers of Gap Inc. (WWD)
  • Should retailers scale hyper-localized store elements chainwide? (Retail Wire)
  • Macy’s shows off latest retail innovation ‘Market by Macy’s’ (WWD)
Marketing & Social Media
  • Facebook tests Pinterest-like app for saving and sharing photos (Mobile Marketer)
  • Olay will stop retouching advertisements by the end of 2020 (Adweek)
  • Karl Lagerfeld launches Pac-Man style game (Charged Retail)
  • YouCam features runway beauty trends via AI, AR tech (Mobile Marketer)
  • Nike and ASOS introduce wellness experience (Campaign)
  • How livestreaming is helping beauty brands in China (Jing Daily)
  • Puma launches sustainable collection with First Mile (Fashion United)
  • Bottega Veneta just introduced a 100% biodegradable boot (Highsnobiety)
  • Outdoor Voices CEO Tyler Haney steps down as losses mount (BoF)
  • Puma breaks five billion euros sales barrier (WWD)
  • Glossier presses pause on ‘play’, rethinks makeup strategy (BoF)
  • Manufacturers slam new immigration system (Drapers)
  • Ikea becomes the first retailer to let customers pay using time (Forbes)
  • The secret to Browns’ survival (NYT)
  • Zalando says it’s taking a stand against stereotypes in new campaign (Fashion Network)
  • Fendi’s future-facing show aims to entice the Instagram generation (Evening Standard)
  • Hate cancel culture? Blame the algorithms (Fashion Law)

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.