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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.

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

Shutting down LFW, Farfetch acquires New Guards Group, the UN’s agriculture alert

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

TOP STORIES
  • Scrap the catwalk: Extinction Rebellion is right – LFW is unsustainable (The Guardian)
  • Farfetch acquires Off-White owner New Guards Group (BoF)
  • UN states we have to transform how we use land and grow food (Fast Company)
TECHNOLOGY
  • Nike buys an AI startup that predicts what consumers want (Tech Crunch)
  • Can artificial intelligence help society as much as it helps business? (McKinsey)
  • How fashion retailers are using artificial intelligence in 2019 (Edited)
  • Google implements augmented reality in maps (Mashable)
SUSTAINABILITY & PURPOSE
  • Only 1/8 Bangladesh garment factories passed international safety inspections (Fashion Network)
  • Sustainable retail: do shoppers love it or hate it? (Retail Week)
  • Volcom launches ‘Water Aware’ denim collection (Fashion United)
  • The challenges of building a socially conscious band (Vogue Business)
RETAIL & E-COMMERCE
  • Depop opens pop-up store in Selfridges (Fashion United)
  • Live stream apps are changing the way people shop (BoF)
  • Boohoo wants to beat Zara at its own game (BoF)
MARKETING & SOCIAL MEDIA
  • Climate change activist Xiuhtezcatl Martinez is the face of a new fashion campaign (Teen Vogue)
  • The future of fashion will be run by influencers (Quartzy)
PRODUCT
BUSINESS
  • Barneys files for bankruptcy as rents rise and visitors fall (BoF)
  • Boohoo to snap up Karen Milen & Coast in pre-pack (Retail Week)
  • Adidas posts jump in sales and profit (Fashion United)
  • Michael Gove orders HMRC to help small retailers in no-deal Brexit (Retail Gazette)
CULTURE
  • Victoria Secret cancels its runway show (Retail Dive)
  • Heist asks whether shapeware can be feminist in new campaign (Campaign)
  • Versace loses Chinese brand ambassador amid t-shirt controversy (BoF)

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.

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Editor's pick Retail

Depop opens physical store that teaches community how to sell

Depop in NYC
Depop in NYC

Depop has opened a physical outpost in NYC that aims to strengthen its connection to the community by offering advice on how to sell.

The store features a photo studio where sellers, or the marketplace app’s trained professionals, can photograph their items against clean backgrounds, as well as receive hands-on advice on how to brand an online store and how to navigate the postal system.

“The whole purpose of the space is to strengthen our connection with our community, and to experience Depop in real life,” said Maria Raga, Depop’s CEO, to i-D magazine. “Different styles, different subcultures, and introducing different designers in a new light is really important to us. It’s fun for our community too because they get to be inspired by the possibilities of what they can do with their Depop shops.”

To reinforce that purpose, the store is not fully stocked, but rather currently carrying a curated selection dedicated to NYC called Depop Loves New York.

At the moment, shoppers can find items by the likes of seller Venus X, who recently closed a vintage store in the city, and Luke Fracher, who provides a selection of rare shirts from local sports teams like the Yankees and the Mets, by Fracher. Meanwhile NYC-based designer Sandy Liang reworked vintage pieces, while Queens-based artist Slumpy Kev painted on vintage Levi’s and Dickies garments.

Depop in NYC
Depop in NYC

“Our community is just a little sponge of very thirsty entrepreneurs, and creative entrepreneurs at that,” continues Raga. “I think it’s just getting that first taste of what it is to make your own wealth, while having fun and creating your own brand.”

This is Depop’s second physical outpost, with the first one opening in Los Angeles in March. The store holds a similar purpose to its newest iteration, and is also inviting top users to host their own pop-ups within the space.

Depop’s foray into brick-and-mortar, as well as its core purpose of giving its community the tools and exposure to succeed, serve to further emphasise how brands can enable the young shopper’s behaviour of having a ‘side hustle’, and increasingly seeing themselves as entrepreneurs.

Stores with little merchandise but a loud message are also an effective marketing strategy for making use of physical spaces that don’t need to sell, but act as gateways to online experiences. Last year,  Nordstrom launched its Local concept  tapping into service and convenience over merchandise per square foot.

How are you thinking about retail 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.

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business digital snippets e-commerce Retail social media sustainability technology

ICYMI: Virgil Abloh for Louis Vuitton, Instagram launches IGTV, H&M’s flagships

Virgil Abloh for Louis Vuitton
Virgil Abloh for Louis Vuitton

A round-up of everything you might have missed in relevant fashion, retail and tech industry news over the past week, including Virgil Abloh launching for Louis Vuitton.

TOP STORIES
  • Over the rainbow: Virgil Abloh makes historic Louis Vuitton debut [BrandChannel]
  • Instagram celebrates its 1 billion user mark with launch of YouTube rival IGTV [TheDrum]
  • How H&M is rethinking its flagships [BoF]
  • 3 ways personalization can save brands from the retail graveyard [VentureBeat]
TECHNOLOGY
  • This AI program could beat you in an argument – but it doesn’t know what it’s saying [TechnologyReview]
  • Marks & Spencer partners with Microsoft on artificial intelligence initiative [WWD]
  • Performance-based marketing gets blockchain makeover [WWD]
  • You too can be a “Westworld” AI with this new Alexa game [FastCompany]
SUSTAINABILITY
  • Asos to ban silk, cashmere and mohair from its website [BBC]
  • Stella McCartney unveils sustainable shop with ‘cleanest air’ in London [Independent]
  • MPs launch inquiry into the sustainability of the fashion industry [TheIndustry]
  • How Parley for the Oceans became fashion’s go-to environmental non-profit [Fashionista]
RETAIL & E-COMMERCE
  • 22 experiential stores NYC has to offer [RetailDive]
  • M&S should be “looking seriously” at Amazon tie-up says former digital boss [Retail Gazette]
  • IRL stores are doing it for the ’Gram [Racked]
  • How Depop is catering to Gen Z and millennials to get an edge over resale competitors [Glossy]
  • Farfetch’s Black and White program shows slow growth [Glossy]
  • Retailers, malls staving off Amazon with help from OneMarket [WWD]
MARKETING & SOCIAL MEDIA
  • YouTube hires Derek Blasberg to head fashion partnerships [TheCut]
  • Aerie rapidly gaining market share off social media and ‘more authentic’ women [CNBC]
BUSINESS
  • Chanel publishes annual results for first time in 108 years [NY Times]
  • Amidst consolidation wave, Acne Studios could fetch €500m [BoF]
  • Kering to sell Christopher Kane back to designer [BoF]
  • Google to invest $550 million in China e-commerce giant JD.com [Reuters]
Categories
digital snippets e-commerce product Retail social media sustainability technology

ICYMI: Facebook in crisis, AR unboxing from Adidas, ASOS’ new online sizing feature

Facebook

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

TOP STORIES
  • What the Facebook crisis means for fashion advertisers [BoF]
  • With virtual ‘unboxing’ site, Adidas Originals looks to shake up sneaker drops [Glossy]
  • ASOS’s new sizing feature just made shopping a whole lot better [Refinery29]
  • Everlane’s five tactics for winning at physical retail [BoF]
TECHNOLOGY
  • eBay uses augmented reality to help sellers find the right box for their product [VentureBeat]
  • Blockchains could upend the fashion business [BoF]
  • Google’s new experiment lets you tag digital graffiti in the real world [Co.Design]
SUSTAINABILITY
  • Wrangler’s suppliers to adopt new water-saving technology [WWD]
  • How fashion and beauty people really feel about packaging waste [Fashionista]
  • The Great Pacific Garbage Patch isn’t what you think it is [NatGeo]
RETAIL & E-COMMERCE
  • The rise of experiential commerce [TechCrunch]
  • How 3 growing niche brands are simplifying e-commerce [AdWeek]
  • John Lewis offers in-app personal stylists and H&M a nailbar as part of a move to ‘experiential retail’ [InternetRetailer]
  • Walmart’s e-commerce CEO explains why its many acquisitions will help it reach millennials [AdWeek]
  • Starbucks launches ‘Tryer’ location to encourage new ideas [RetailDive]
  • Depop marketplace headed to physical retail in LA, NY [WWD]
  • India’s e-commerce market is exploding—and how [QZ]
MARKETING & SOCIAL MEDIA
  • Glossier’s customer obsession is about stirring up conversation [RetailDive]
  • Winona Ryder and Elizabeth Olsen dance in the streets of Buenos Aires in latest H&M ad [Campaign]
  • Pinterest thinks the future lies in visual discovery—and wants retailers to take notice [AdWeek]
  • Snapchat is doling out free stats to brands on how many users visit their locations [AdWeek]
PRODUCT
  • Zips. Toggles. Pumps. The end of shoelaces? [BoF]
BUSINESS
  • Is dry cleaning dying? [Racked]
  • Louis Vuitton names Virgil Abloh as its new menswear designer [BoF]
  • Kim Jones appointed artistic director at Dior Homme [TheIndustry]
  • Zalando entering the beauty market both off and online [WWD]
  • Rent the Runway’s “wardrobe in the cloud” is opening up to other clothing brands [FastCompany]