Categories
business data e-commerce product Retail social media sustainability technology

2019 highlights: The year in innovation news

2019 was a big year for innovation and the Current Daily has been tracking it all throughout – from the rise of 5G-enabled experiences to the continued push towards a circular economy. 

Here, we highlight some of the most interesting stories from the year, outlining why they are an important indication of where the industry is moving in 2020 and beyond.

5G will drive 100m people to shop in AR

Augmented reality took center stage this year as its user-friendly features meant a growing number of brands – and social media platforms like Instagram – started adopting it as a core engagement strategy.

In April, a Gartner report highlighted that 100 million people will shop in AR once high-speed 5G mobile services roll out more extensively. This means the experience is going to be more seamless than ever, giving it better real-time rendering, shorter download times and reduced latency. Retailers seem to be on board, as 46% of them plan to deploy either AR or VR. Check out our piece exploring what other benefits 5G will bring retail.

Fashion brands have only met 21% of their circularity targets for 2020

If there’s one thing to be sure, there’s no escaping the growing momentum around shifting to more sustainable practices as an industry. But is there really progress being made? In July, the Global Fashion Agenda (GFA) launched its second yearly assessment of fashion brands and retailers to find that only reached 45 (21%) of the 213 targets the industry has set for 2020 will be met. 

This means the 90 signatories of the GFA’s 2020 Circular Fashion System Commitment, which includes fashion companies like adidas, PVH Group and Inditex, will have to hurry if they want to achieve more in the next year. We talked a lot about the need for action in this space when a further collaborative group was announced: the G7 Fashion Pact. If you ask us, it’s time to say enough to the pledges, rather give us some tangible outputs.

H&M to trial clothing rental for the first time

Talking of sustainability, one are where we have seen a lot of action and experimentation this year is in new business models. Rental is making serious strides at all ends of the market, but perhaps most interestingly within fast fashion just recently as the H&M Group announced it will trial clothing rental at one of its H&M Stockholm stores. Members of its customer loyalty program can now rent selected party dresses and skirts from its 2012-2019 Conscious Exclusive collections.

Recently, its brand COS also launched a pilot where it is renting out clothes through Chinese subscription rental platform YCloset, which customers can access through a monthly flat rate. We also published a deep-dive into the different opportunities we see for the industry in rental, here.

Allbirds CEO calls out Amazon product copying

In November, Allbirds’ co-founder and CEO, Joey Zwilinger, wrote an open letter to Amazon’s Jeff Bezos after discovering the e-commerce platform was producing its own wool sneakers similar to the brand’s most popular style.

Instead of going the usual lawsuit route, the founder took this as an opportunity to highlight his brand’s sustainability mission. In the letter, Zwilinger highlights that Allbirds’ sustainable philosophy is open source, and it has thus far helped over 100 brands who were interested in implementing its renewable materials into their products, suggesting Amazon might like to do the same. It was a bold move but one that sparked a conversation around the role of collaboration once more, and its critical place in true innovation.

Gen Z loves TikTok. Can fashion brands learn to love it too?

Gen Z quickly adopted Chinese social media platform TikTok as their app du jour this year for its bite-sized video content. Currently, 66% of the platform’s 500 million global users are under 30, according to data analytics firm, Business of Apps.

Brands have started to follow suit, tapping the app to drive engagement and ultimately sales. Content varies from crowdsourced, as in a recent Burberry campaign that saw users challenged to create the brand’s logo with their fingers, through to more refined, such as in a snippet of an interview with singer Shawn Mendes for Calvin Klein. We explored various other brands setting TikTok precedent, here.

Lush abandons social media

While TikTok has been taking off, elsewhere social media is slowing for some. Vegan cosmetics brand, Lush, for instance decided to shut down all of its activity in the UK as it became “tired of fighting with algorithms” or paying to appear on news feeds. Instead, it suggested a hashtag where fans would still be able to speak to the brand.

Lush’s bold move speaks to fight playing out for anything still resembling organic reach. As consumers become jaded over being ‘sold to’, brands are having to find novel ways to reach them, beyond the influencer route. One other area we’re tracking here is those owning their own conversation channels, as with both Glossier and H&M of late.

Coty acquires majority stake in Kylie Jenner’s beauty business

2019 was the year of major acquisitions in both beauty and fashion. While LVMH recently announced it was snapping up Tiffany & Co for $16bn, other names included Farfetch buying New Guards Group, which operates streetwear favorite Off White for $675m; Shiseido acquiring cult skincare brand Drunk Elephant for $845m; and more recently, Coty acquiring a majority stake in Kylie Jenner’s beauty business, Kylie Cosmetics, for $600m. 

The latter served as particular confirmation of how brands build and grow in this day and age. Jenner, who was 18 when she started a single ‘lip kit’ line, used Instagram to form a direct conversation with her audience. In 2019, this seems like an obvious strategy, but the reality star’s foresight to do so in 2015 has undoubtedly been her recipe for success.

How luxury fashion learned to love the blockchain

Amid growing concerns over the proliferation of counterfeit goods, luxury brands also began to embrace blockchain as an important authentication tool this year. 

Earlier this year, we heard about how LVMH launched its own platform, Aura, which is currently being piloted with some of the brands in its portfolio and will further expand in the future. Kering and Richemont meanwhile are said to be exploring this too, while De Beers is using it to trace its diamonds. Once matured, the technology will undoubtedly make its way into the hands of the consumer, who will be able to better understand where their possessions are coming from. We also tracked some of the other innovations in the transparency space; an area that continues to heat up.

Automation in retail: an executive overview for getting ready

Automation was another big tech focus this year, particularly for its potential impact on retail, from supply chain management to last mile delivery. This shift is putting pressure on retailers to rethink their operating models, distribution centres and headquarters, with McKinsey warning that brands that fail to implement it into their strategy risk falling behind. 

Automation is something we’ve long been talking about for the sake of efficiency, but there also comes a significant ethics conversation to be had here, which the industry is exploring. We agree, now is the time.

What Fortnite could mean for fashion

The global gaming market is expected to reach $180bn by 2021, and fashion brands are realizing the valuable potential in this. Free-to-play video game Fortnite has grown into a multi-million dollar business by selling clothing to image-conscious gamers, for instance. This monetization of player aesthetics, more commonly known as ‘skins’, has opened the door for retailers to cash in on the virtual world. 

Going forward, we expect more brands to invest in digital garments or utilize gaming to drive product discovery. We accordingly explored how gamification is being used in the shopping journey by brands like Kenzo and Nike to both increase engagement and build brand loyalty.

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.

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

Kering commits to carbon neutrality, retail surveillance, Instagram supports drop model

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

Top Stories
  • Kering commits to carbon neutrality (Drapers)
  • The new ways retailers are watching you shop (BoF)
  • Instagram launches ‘reminders’ to support product drops (Vogue Business)
Technology
  • Boston Dynamics robot dog Spot is going on sale for the first time (MIT Technology Review)
  • Cryptocurrency’s huge potential in China’s luxury retail (Jing Daily)
  • Kraft Heinz brings mobile-activated packaging to Walmart (Mobile Marketer)
  • Oculus eclipses $100million in VR content sales (TechCrunch)
  • Amazon to launch smart home inventory sensors (Retail Dive)
SUSTAINABILITY & PURPOSE
  • Burt’s Bees and National Geographic partner for climate campaign (Fashion Network)
  • Can Stella McCartney make faux fur sustainable? (Vogue)
  • M&S and Tesco take top spots in climate change report ranking (Retail Gazette)
  • Taylor Stitch garment restored in Restitch’s workwear capsule (Sourcing Journal)
  • LVMH gets competitive about sustainability (BoF)
  • UK government moves to end ‘vague and misleading’ bioplastic terminology (Dezeen)
  • Clean jeans are the future of denim (Vogue Business)
  • Peta launches campaign to get Farfetch to ban angora (Fashion Network)
  • DPD inks sustainable contract with Asos (Drapers)
  • ‘No planet, no sports’ says Nike Sustainability Chief (Sourcing Journal)
RETAIL & E-COMMERCE
BUSINESS
  • Forever 21 files for Bankruptcy (Bloomberg)
  • Ebay CEO steps down (Retail Dive)
  • Rent the Runway executive steps down after delivery failures (BoF)
  • Marks & Spencer’s director of supply chain & logistics departs (Drapers)
  • Boohoo interim revenues up by 43% as annual sales break £1bn (The Industry)
  • Calvin Klein names Nadege Winter SVP brand experience (Fashion Network)
  • Boohoo appoints Missguided brand boss as MissPap CEO (Drapers)
  • British manufacturing: back in fashion (The Guardian)
MARKETING & SOCIAL MEDIA
  • MAC Cosmetics targets gamers with TwitchCon sponsorship (Glossy)
  • Walmart challenges TikTok users to share dance moves (Mobile Marketer)
  • Honda debuts animated comic book on social media (Mobile Marketer)
  • Oculus introduces social virtual reality world Facebook horizon (Adweek)
  • Facebook tries hiding like counts to fight envy (TechCrunch)
PRODUCT
  • Reebok and Adidas collaborate to launch Instapump fury boost (Fashion Network)
  • Amazon expands Alexa with voice-powered wearable (Mobile Marketer)
  • Amazon fashion teams with Puma on new athleisure brand (BoF)
  • Selfridges partners with British CBD body and wellness start-up Grass & Co (Fashion Network)
  • Nestle launches luxury KitKat bars in direct-to-consumer move (Campaign)
  • Diesel partners Coca-Cola for eco-savvy clothing range (Campaign)
  • Amazon pushes further into healthcare with Amazon Care (Adweek)
CULTURE
  • Indian women are Youtube-ing their way out of gender stereotypes (Quartzy)
  • Rebecca Minkoff on the business of representation (Glossy)
  • Mattel release line of gender-neutral world dolls (Adweek)
  • Avon can’t escape lawsuit accusing it of discriminating against pregnant women (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.

Categories
business digital snippets e-commerce Editor's pick product Retail social media sustainability technology Uncategorized

ICYMI: ‘Sustainability’ arrives in annual reports, Prada goes fur-free, a lack of female fashion CEOs

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

TOP STORIES
  • Tracking sustainability’s rise as one of fashion’s favourite words [Vogue Business]
  • Prada is the latest brand to go fur-free [Dazed]
  • Fashion has shockingly few female CEOs [Quartz]
  • What’s stopping the fashion industry from agreeing on climate action? [BoF]
  • E-Commerce giant Alibaba to integrate blockchain into intellectual property system [Yahoo]
TECHNOLOGY
  • World’s first digital only blockchain clothing sells for $9,500 [Forbes]
  • San Francisco becomes the first US city to ban government facial recognition [Wired]
  • AI avatars could be the next generation’s favorite entertainers [TNW]
  • Driverless electric truck starts deliveries on Swedish public road [FashionNetwork]
  • Future smart clothes will keep you the perfect temperature at all times [Digital Trends]
SUSTAINABILITY & PURPOSE
  • How charitable are fashion’s biggest companies? [Vogue Business]
  • The young activists fighting to ‘rebrand’ air pollution [Dazed]
  • Walmart agrees to power more than 40 stores with solar energy [Bloomberg]
  • Kering sets new animal welfare guidelines [FashionUnited]
  • The Body Shop launches fair trade recycled plastic scheme [i-D]
  • Single-use plastics a serious climate change hazard, study warns [Guardian]
  • Scientists devise ‘breakthrough’ plastic that can be recycled again and again [Sourcing Journal]
  • Why Russia still loves fur [Vogue Business]
  • This clothing brand’s new repair program shows that the future of fashion can be circular [Fast Company]
RETAIl & E-COMMERCE
  • How department stores are using services to convince customers they’re still convenient places to shop [Digiday]
  • Urban Outfitters tries to stay relevant with an $88 monthly rental service [Fast Company]
  • Walmart’s ambitious plan to beat Amazon on free one-day shipping is here [Fast Company]
  • Why online fashion retailers are experimenting with invite-only access [Forbes]
  • Klarna announces first UK immersive pop-up [FashionUnited]
MARKETING & SOCIAL MEDIA
  • Calvin Klein apologizes following “queerbaiting” accusations for Bella Hadid & Lil Miquela ad [Hype Bae]
  • Nike runs shoppable Snapchat lens to support women’s soccer [Mobile Marketer]
  • How will in-game advertising change as Google, Facebook, Snap and Apple level up? [Mobile Marketer]
PRODUCT
  • So what does Rihanna’s first Fenty collection actually look like? [NY Times]
  • PrettyLittleThing launches recycled collection [Drapers]
  • Vivobarefoot launches plant-based shoe [FashionUnited]
BUSINESS
  • Body Shop owner to buy Avon for £1.6bn [BBC]
  • Topshop is closing all its US stores [Refinery29]
  • Farfetch revenue soars [Drapers]
  • Richemont profit misses estimates on online investment costs [BoF]
  • Nike, Adidas and others call on Trump to remove footwear from tariff list [RetailDive]
CULTURE
  • ‘I want to tilt the lens’ – Sinéad Burke’s fight to make fashion more diverse [Guardian]

How are you thinking about innovation? We’re all about finding you the perfect partners to do so. Current Global is a consultancy transforming how fashion, beauty and consumer retail brands intersect with technology. We deliver innovative integrations and experiences, powered by a network of top technologies and startups. Get in touch to learn more. 

Categories
business digital snippets product Retail sustainability technology

ICYMI: Rent the Runway’s competitive lawsuit, Cavalli exits US, the data gap for fashion sustainability

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

TOP STORIES
  • Inside Rent the Runway’s alleged “scheme of monopolistic, anti-competitive conduct” [The Fashion Law]
  • The struggling fashion house Roberto Cavalli closes its U.S. stores [NYT]
  • Exactly how bad is fashion for the planet? We still don’t know for sure [BoF]
TECHNOLOGY
SUSTAINABILITY & PURPOSE
  • Sustainability becoming an economic benefit for luxury brands [Fashion Network]
  • Hundreds of US cities are killing or scaling back their recycling programs [Vox]
  • Corona builds plastic trash wall on Ipanema Beach to warn from plastic pollution [PR Week]
  • Asda’s George to only use recycled polyester by 2025 [Drapers]
  • The North Face aims to reduce man-made waste in collaboration with RÆBURN [Complex]
  • The next wave of sustainable fashion is all about regenerative farming [Fashionista]
RETAIL & E-COMMERCE
  • At Galeries Lafayette’s new Champs Élysées flagship, the Paris concept store is reborn [Vogue]
  • Tommy Hilfiger closes NYC flagship and more [Fashion United]
  • Dior expands beach collection with dedicated dioriviera spaces [WWD]
PRODUCT
  • Gentle Monster and Huawei team up to launch fashion-focused smart glasses [The Current Daily]
  • Lululemon soars on menswear, online push; inches into Nike turf [Reuters]
  • Reformation is launching its permanent extended sizing clothing collection [Fashionista]
  • Bobbi Brown and Walmart want to bring wellness to the masses [BoF]
  • Luxury marijuana brand Beboe is launching a skincare label [Paper Mag]
  • Amazon now wants to get into your make-up bag with their own skincare brand [Vogue]
BUSINESS
  • Farfetch invests in The Modist [Drapers]
  • Michael Kors steps back from Capri board [WWD]
  • PVH in talks to sell Calvin Klein women’s jeans business [Retail Dive]
  • Carine Roitfeld announced as style advisor of Karl Lagerfeld’s namesake brand [Harpers Bazaar]
  • Neiman Marcus drums up support for refinancing [WWD]
MARKETING & SOCIAL MEDIA
  • Jo Malone London is launching a new fragrance exhibition [Harpers Bazaar]
  • Dove debuts #ShowUs image library to diversify depictions of women in media [Marketing Dive]
  • YSL Beauty hits the desert for debut Coachella pop-up [WWD]
  • Fashion designer Simon Porte Jacquemus is opening a café in Paris and it’s an Instagrammer’s dream [The Independent]
CULTURE
  • The future of luxury is freedom [BoF]
  • Shopping while Chinese: Real stories of discrimination [Jing Daily]
  • Ikea’s next big thing is self-care [Fast Company]
  • Generation Z: Who they are, in their own words [NYT]
  • Why does the burden of creating inclusivity in fashion fall largely on marginalized groups? [Fashionista]

How are you thinking about innovation? We’re all about finding you the perfect partners to do so. The Current Global is a consultancy transforming how fashion, beauty and consumer retail brands intersect with technology. We deliver innovative integrations and experiences, powered by a network of top technologies and startups. Get in touch to learn more. 

Categories
Editor's pick sustainability

Calvin Klein encourages recycling of packaging with labeling program

Calvin Klein Underwear has partnered with standardized labeling system How2Recycle to provide customers with details on how exactly they can recycle the packaging that items come in.

Labels on each product will provide clear information to shoppers about the components of the packaging, and instructions on whether to consult a local recycling program or use a store drop-off station at a participating retailer in order to save from throwing the wrapping straight into landfill.

“As a global apparel company, we recognize that we have a responsibility to reduce waste, and one key way to do so is by minimizing our packaging and making it recyclable,” said Marissa Pagnani-McGowan, group vice president of corporate responsibility at Calvin Klein’s parent company, PVH Corp. “How2Recycle labels will make it easier for our consumers to understand how to discard unwanted items in the most sustainable way possible.”

Target and Walmart are also working with How2Recycle on similar initiatives. “PVH is blazing the trail by being the first company in the apparel space to commit to featuring accurate, consistent recycling labels on their packaging,” said Caroline Cox, project manager of How2Recycle. “The reach of their iconic brands will empower a new sector of consumers to recycle more, and more accurately.”

The move comes as more brands within the fashion industry are taking sustainability and waste more seriously. Packaging is one major focus as consumers increasingly look to recycle or reuse what their items come in and there’s a greater call for reduction in the amount of materials used. Just this past week, a number of consumer goods companies, including Procter & Gamble and Nestle, teamed up on a new packaging solution called Loop, which is focused on reusable stainless steel.

It also ties to PVH’s broader focus on sustainable packaging. The group has a commitment to reduce the overall amount of packaging used for products and work toward sending zero materials to landfill. Its statement on the matter says that 78 million tons of plastic packaging is currently produced globally each year, yet only 14% is collected for recycling.

How are you thinking about sustainability? We’re all about finding you the perfect partners for your innovation strategy. The Current Global is a consultancy transforming how fashion, beauty and consumer retail brands intersect with technology. We deliver innovative integrations and experiences, powered by a network of top technologies and startups. Get in touch to learn more.

Categories
business Campaigns digital snippets e-commerce Events mobile product Retail social media sustainability technology Uncategorized

ICYMI: beauty tech takes over CES, UK retail’s year of doom, the fake influencer problem

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

TOP STORIES
  • The future of beauty is on display at CES [CNN]
  • UK retail sales suffer worst year in more than a decade [BoF]
  • Fake influencers cost brands more than 200 million dollars [Fashion United]
TECHNOLOGY
  • IBM unveils its first commercial quantum computer [TechCrunch]
  • Amazon sets up virtual furniture showroom online [RetailDive]
  • Baidu announces Apollo Enterprise, its new platform for mass-produced autonomous vehicles [TechCrunch]
  • Here’s everything Google announced at CES 2019 [TechCrunch]
  • Bell’s hybrid-electric flying car will be available via Uber by the ‘mid-2020s’ [The Verge]
SUSTAINABILITY & PURPOSE
  • Boohoo faux fur jumper found to contain real fur [Fashion United]
  • Survey finds ‘conscious consumerism’ a top priority for Gen Z shoppers [WWD]
  • Asos and PVH Corp. join Global Fashion Agenda as strategic partners [Fashion Network]
  • NHL, Adidas to create sustainable jerseys for All-Star Game [WWD]
  • Los Angeles is hosting the very first Vegan Fashion Week [Dazed]
  • Bangladesh strikes: thousands of garment workers clash with police over poor pay [The Guardian]
  • Reusing, upcycling and innovation to be integral at the upcoming Circular Fashion Games [WWD]
RETAIL & E-COMMERCE
  • Outlet malls seize WeChat to bring online traffic offline [Jing Daily]
  • Microsoft and Kroger to create data-driven connected grocery stores [Venture Beat]
  • Calvin Klein to rebrand 205W39NYC line, close Madison Avenue store [Fashionista]
  • The sweater you don’t like is a trillion-dollar problem for retailers. These companies want to fix it [CNBC]
MARKETING & SOCIAL MEDIA
  • Lululemon’s next target is mindfulness for men [Quartz]
  • Novak Djokovic takes time out to meet his greatest opponent, thanks to SEIKO [PR Newswire]
PRODUCT
  • Neutrogena unveils personalized, 3-D-printed sheet masks at CES [WWD]
  • L’Oréal’s newest prototype detects wearers’ skin pH levels [The Verge]
  • Simplehuman looks to upgrade beauty accessories business with CES launch [WWD]
  • Nike stretches into Lululemon’s space with 1st yoga line [RetailDive]
  • Goop alumni launch the “Sephora of CBD” to target the cannabis curious [FastCompany]
  • The North Face debuts new outerwear technology [Fashion United]
BUSINESS
  • CFDA report highlights what it will take to achieve a truly diverse and inclusive fashion [W24]
  • These latina Avon sellers have dominated a beauty company modeled on white womanhood [Buzzfeed]
  • Tommy Hilfiger and Zendaya to show at Paris Fashion Week [Fashionista]
  • L’Occitane acquires Elemis for $900 million, eyes Asia expansion [WWD]
  • 38 percent of fashion and beauty brands plan to launch collaborations in 2019 [Fashion United]
  • Moschino has a code word for black shoppers, according to damning new lawsuit [The Fashion Law]
  • Dior switches Paris catwalk date to avoid ‘yellow vest’ protests [Reuters]
  • Debenhams rescue plan could involve closure of more than half of its stores [The Industry]
  • HSBC predicts luxury market to slow down in 2019 [Fashion United]
CULTURE
  • Gucci Garden opens exhibition dedicated to reflections on masculinity [WWD]
  • Miuccia Prada’s take on freedom of speech, cultural appropriation [WWD]

How are you thinking about innovation? We’re all about finding you the perfect partners to do so. TheCurrent Global is a consultancy transforming how fashion, beauty and consumer retail brands intersect with technology. We deliver innovative integrations and experiences, powered by a network of top technologies and startups. Get in touch to learn more. 

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

ICYMI: The tech-driven age of the sneaker drop, Adidas’ Airdrop campaign, the weight of holiday returns

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

TOP STORIES
  • The new, tech-driven age of the sneaker drop [Engadget]
  • Adidas pushes new Ultraboost 19 shoe via guerrilla Airdrop campaign [NY Times]
  • Amazon returns video draws 11 million views [WWD]
TECHNOLOGY
  • Samsung patents phone display that projects Star Wars-like holograms [Tom’s Guide]
  • As Facebook raised a privacy wall, it carved an opening for tech giants [NY Times]
SUSTAINABILITY & PURPOSE
  • 8 things Patagonia says fashion can do to get greener [WWD]
  • 5 years after pay pledge, H&M still isn’t paying laborers a “living wage” [TheFashionLaw]
  • Consumers are ready for full sustainability, brands aren’t [WWD]
RETAIL & E-COMMERCE
  • How Bonobos is growing up under Walmart’s wing [RetailDive]
MARKETING & SOCIAL MEDIA
  • Rihanna’s Fenty Beauty, Amazon lead social media mentions for holiday gift shopping, study says [Mobile Marketer]
BUSINESS
  • Victoria Beckham firm’s losses deepen [BBC]
  • Raf Simons Is out at Calvin Klein [GQ]
  • Burberry turnaround? Analysts aren’t buying it [Bloomberg]
CULTURE
  • Why everyone wants a piece of the K-beauty pie [SCMP]
  • Young luxury shoppers explain why they’re willing to pay $500 for sneakers [QZ]

How are you thinking about innovation? We’re all about finding you the perfect partners to do so. TheCurrent Global is a consultancy transforming how fashion, beauty and consumer retail brands intersect with technology. We deliver innovative integrations and experiences, powered by a network of top technologies and startups. Get in touch to learn more.

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

ICYMI: Farfetch acquires Stadium Goods, the UN’s fashion climate charter, ASOS profit warning

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

TOP STORIES
  • Farfetch acquires Stadium Goods: Why sneaker resale is becoming big business [Forbes]
  • Milestone fashion industry charter for climate action launched [UN]
  • ASOS issues profit warning as Christmas sales falter [The Industry]
TECHNOLOGY
  • China’s retailers turn to real-world surveillance to track big spenders [Wired]
  • Alexa wants you to answer questions [Cognition X]
  • Is the face-swapping robot with multiple ‘personalities’ cool or just plain creepy? [Mashable]
  • Racist, sexist AI could be a bigger problem than lost jobs [Forbes]
  • Is tech too easy to use? [New York Times]
SUSTAINABILITY & PURPOSE
  • Kering launches first ‘regenerative sourcing’ standard for fashion suppliers [Edie
  • Francisco Costa is back—with the chicest sustainable beauty brand you’ve ever seen [Vogue]
  • The first “plastic-free” supermarket aisle [BBC]
  • Lacoste joins list of brands banning mohair  [Fashion United]
  • Companies used to stay quiet about politics. In 2018, social causes became integral to their branding. [Vox]
  • Is online shopping better or worse for the environment? [WWD]
RETAIL & E-COMMERCE
  • Here’s how Nike, Alibaba and Walmart are reinventing retail [Wired]
  • The future of fashion is made-to-order, according to Farfetch CEO José Neves [Fast Company]
  • Amazon Go eyes London’s West End for first UK store [Retail Gazette]
  • Why Starbucks is experimenting with experience-based retail [Digiday]
  • E-commerce is thriving in Africa despite hurdles to the “last mile” [Quartz]
  • ‘It’s a big data game’: Startups compete to reinvent the convenience store [Digiday]
  • Lululemon expands test for 1st loyalty program [Retail Dive]
MARKETING & SOCIAL MEDIA
  • You can try on the latest Adidas sneaker drop on Snapchat [Engadget]
  • Mall of America debuts holiday AR scavenger hunt [Mobile Marketer]
  • Mr Porter launches gift assistant with Facebook Messenger [Fashion Network]
  • Lululemon and Strava team up to launch a series of virtual races [Runners World]
  • Calvin Klein kills print ads — will other fashion brands follow suit? [Footwear News]
PRODUCT
  • H&M teams up with cult brand Eytys for unisex collection [Fashion United]
BUSINESS
  • Millennial consumers rule the luxury market – how are brands coping? [SCMP]
  • Samsung’s Supreme collaboration in China is with a “counterfeit organization,” Supreme says [Quartz]
  • LVMH expands portfolio with $2.6B Belmond travel deal [Retail Dive]
  • H&M says full year sales increased by 5 percent [Fashion United]
  • Alberta Ferretti under investigation by Italy’s antitrust authority [Fashion United]
CULTURE
  • Self-Portrait is growing in the age of streetwear — without flashy logos or sneakers [Fashionista]
  • Prada pulls monkey designs following outcry over racist imagery [Complex]
  • Diversity on magazine covers increased by a record double-digit percentage in 2018 [Fashionista]

How are you thinking about innovation? We’re all about finding you the perfect partners to do so. TheCurrent is a consultancy transforming how fashion, beauty and consumer retail brands intersect with technology. We deliver innovative integrations and experiences, powered by a network of top technologies and startups. Get in touch to learn more.

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

ICYMI: Apparel manufacturing coming home, shopping by voice, French brands focus on startups

Is apparel manufacturing coming home?
Is apparel manufacturing coming home?

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

TOP STORIES
  • Is apparel manufacturing coming home? [McKinsey]
  • Voice command: is it the future of online shopping? [FashionUnited]
  • French retail and fashion groups deepen focus on startups [WWD]
  • Calvin Klein and Tommy Hilfiger are sending a clear signal that Amazon is the future of fashion, and it’s terrible news for department stores [Business Insider]
TECHNOLOGY
  • Magic Leap is real and it’s a janky marvel [TechCrunch]
  • Fast Retailing signs deal to fully automate warehousing [WWD]
  • ‘Building the digital factory’: 3D printing comes to Shopify [Digiday]
  • Chinese investment into computer vision technology and AR surges as US funding dries up [TechCrunch]
  • Amy Winehouse is going on tour as a hologram [Hypebeast]
SUSTAINABILITY & PURPOSE
  • Dove gets certified cruelty-free [FashionNetwork]
  • Why fashion’s anti-fur movement is winning [BoF]
  • The Maiyet Collective’s concept store: reshaping ethical lux [Stylus]
  • You buy a purse at Walmart. There’s a note inside from a “Chinese prisoner.” Now what? [Vox]
RETAIL & E-COMMERCE
  • Amazon Fashion to launch London pop-up [Drapers]
  • Brandless is launching a pop-up shop in NYC [TechCrunch]
  • Supreme envy: The drop model gets used for burgers, tacos, toothbrushes [Digiday]
  • Jenna Lyons is back, and she’s returning with a brand-new multi-platform venture [Vogue]
MARKETING & SOCIAL MEDIA
  • Three Nasty Gal ads banned by watchdog [FashionNetwork]
  • ASOS unveils campaign and collection for new Gen-Z label Collusion* [TheIndustry]
  • Adidas launches new membership program [HighSnobiety]
  • Why brands are launching secret apps for superfans [BoF]
  • Snapchat becomes the mobile HBO with 12 daily scripted Original shows [TechCrunch]
  • Superdry unveils disabled mannequin shop window for Invictus Games [TheIndustry]
PRODUCT
  • Alexander Wang is launching a new Uniqlo collaboration that’s all about underwear [Vogue]
BUSINESS
  • Judge removes Deciem founder from CEO role [BoF]
  • Sears files for Chapter 11 bankruptcy [WSJ]
  • Superdry issues profits warning [Drapers]
  • Coast falls into administration and is bought by Karen Millen [TheIndustry]
  • Walmart acquires online lingerie retailer Bare Necessities [Reuters]
  • Lyst launches French version after LVMH investment [FashionNetwork]
CULTURE
  • The most diverse fashion season ever on the runway, but not the front row [NY Times]
  • Met Costume Institute embraces ‘Camp’ for 2019 blockbuster show [NY Times]
  • ‘Gender Bending Fashion’ to be focus of new show at Museum of Fine Arts in Boston next March [WWD]

How are you thinking about innovation? We’re all about finding you the perfect partners to do so. TheCurrent is a consultancy transforming how fashion, beauty and consumer retail brands intersect with technology. We deliver innovative integrations and experiences, powered by a network of top technologies and startups. Get in touch to learn more.

Categories
Campaigns e-commerce Editor's pick Retail

Calvin Klein to launch interactive NYC Market with Amazon Fashion

Calvin Klein Jeans Fall Campaign

Calvin Klein is partnering with Amazon Fashion to bring to life its Fall 2018 jeans campaign through an immersive retail experience in New York.

The Calvin Klein x Amazon Fashion NYC Market, as it’s called, sees three major attractions – a photobooth with flying popcorn, a photoshoot set-up themed around the brand’s “Together In Denim Billboard” campaign, and a giant water-box installation.

Visitors will also have the chance to win exclusive Calvin Klein products such as jeans and underwear designs, as well as Amazon devices, by playing games on site.

Calvin Klein Jeans “Together In Denim” billboard

 

“By joining Amazon Fashion’s digital expertise with Calvin Klein’s physical presence, we are creating a ‘phy-gital’ experience in the middle of New York City, reinforcing our commitment to a consumer-first strategy,” Marie Gulin-Merle, chief marketing officer of Calvin Klein Inc. told WWD.

Further detail show the interactive photobooth will feature levitating popcorn that visitors will be able to take a picture with. It was inspired by the Calvin Klein 205W39NYC Fall 2018 runway show, which saw the floor covered with the white snack.

The re-enactment of the brand’s “Together in Denim Billboard” campaign, which saw models posing on an oversized billboard, will have a professional photographer on site ensuring social media-ready snaps.

And the giant water-box will house vending machines where visitors have the chance to win limited edition artworks from the Fall campaign.

Calvin Klein Fall 2018 runway show

Amazon will also host an Amazon Alexa Jukebox Lounge, where an analog Juke Box enhanced through the Alexa voice technology, will allow visitors to interact with the music played on digital screens. Guests will also have the chance to use their voice to control the music and lighting.

Any visitors keen to purchase Calvin Klein merchandise on site will be able to do so smoothly through Smile Codes (Amazon-branded QR codes), which will give visitors access to the dedicated Calvin Klein website on Amazon Fashion. A dedicated #MyCalvins Campaign Shop will allow them to try things on when on site.

To further encourage consumer purchasing, the brand has also created a denim jacket in collaboration with rap star A$AP Rocky, exclusively available on Amazon Fashion.

This is the second time the brand has partnered with Amazon Fashion for an interactive experience. In November of 2017 the brand opened a tech-enabled store in Los Angeles and New York, selling exclusive stock and offering in-store customization stations.

How are you thinking about innovation? We’re all about helping you build innovative integrations and experiences. TheCurrent is a consultancy transforming how fashion, beauty and consumer retail brands intersect with technology, powered by a network of top startups. Get in touch to learn more.