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3D virtual fashion shows, CFDA addresses diversity, luxury faces revenge saving

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

TOP STORIES
  • Brick and mortar’s next chapter (Retail Dive)
  • Digital startups offer concrete solutions to fashion industry (WWD)
SUSTAINABILITY & PURPOSE
  • CFDA launches plans to make fashion more racially balanced (WWD)
  • Fashion can’t afford to wait for customers to demand sustainability (Vogue Business)
  • Fashion’s philanthropy play (Vogue Business)
  • Can the furniture industry end waste by going circular? Ikea wants to find out (Fast Company)
RETAIL & COMMERCE
  • Websites used to be secondary stores. That dynamic is shifting (Vogue Business)
  • How Williams Sonoma’s digital bets made it a coronavirus winner (Modern Retail)
  • Gucci’s new tech bet: personalized video shopping (Vogue Business)
  • Ecommerce giants up their livestreaming game for 618 shopping festival (Jing Daily)
  • How will resale sites respond to an expected flood of looted luxury goods? (The Fashion Law)
MARKETING & SOCIAL MEDIA
  • Prada backed AI-startup to create live streamed 3D virtual fashion show (Forbes)
  • Why UGC is exploding in popularity amongst brands during Covid-19 (The Drum)
  • Why luxury brands are betting on Bilibili (Vogue Business)
  • Pinterest adds a shop tab to lens visual search results (AdWeek)
PRODUCT
  • British Fashion Council launches sustainable designer face masks (Evening Standard)
  • Can CBD revive color cosmetics? (Glossy)
BUSINESS
  • The world’s largest jewelry maker commits to using 100% recycled silver and gold (Fast Company)
  • Puig confirms Charlotte Tilbury buy (TheIndustry.Fashion)
  • Coty in talks to collaborate with Kim Kardashion for cosmetics line (Reuters)
  • LVMH takes a new look at proposed $16.2B Tiffany merger (Retail Dive)
  • What are the legal risks and responsibilities for companies as businesses begin to reopen?  (The Fashion Law)
CULTURE
  • If window shopping is dead, then so is high street (The Daily Telegraph)
  • This is not the end of fashion (NYT)
  • Should luxury brands be worried about “revenge saving”? (Jing Daily)

By Katherine Cheng

Katherine Cheng is the Innovation Editor at TheCurrentDaily and Head of Technology Strategy at Together Group, where she consults for clients including Farfetch, Cartier and H&M. Originally from Hong Kong, she is interested in how cultural, behavioral and technological shifts influence how consumers and brands interact with each other. Her primary focus is on leveraging emerging technologies and the global startup ecosystem to drive meaningful innovation across the retail landscape.