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

Vogue pledges social responsibility, Instagram’s AR clothing, Gucci’s counterfeit battle

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

Top Stories
  • Vogue Editors pledge to be socially responsible, representative (WWD)
  • AR filters for clothing come to Instagram (Vogue Business)
  • Gucci goes after alleged counterfeiters in new suit (WWD)
  • H&M’s Cos to test clothing rentals in China with YCloset (BoF)
Technology
  • Retailers’ AR and VR spend to outpace every other industry next year (Charged Retail)
  • How the ‘bigger is better’ mentality is damaging AI research (The Next Web)
  • Gucci partners with Snap on AR-friendly glasses (Vogue Business)
Sustainability & Purpose
  • Christmas jumpers add to plastic pollution crisis (The Guardian)
  • Google teaming up with New Plastics Economy (WWD)
  • Small brands explore sustainable same-day delivery (Fast Company)
  • Inside Burberry’s sustainability plan, post-backlash (Glossy)
  • China opens wider path for cruelty-free beauty (WWD)
  • Ford makes car parts from McDonald’s coffee beans (Adweek)
  • Ralph Lauren pledges to use 100% renewable energy by 2025 (Charged Retail)
  • Conscious Fashion Campaign to highlight SDGs (Fashion United)
Retail & Commerce
  • Target plans to open a store in New York’s Times Square (CNBC)
  • Tiffany&Co. to open men’s pop-up (WWD)
  • Pop up crisis is back on Savile Row (GQ)
  • How Mejuri is using pop-up stores as part of a multichannel retail strategy (Glossy)
  • Amazon, Refinery29 opens first gift guide pop-up (WWD)
  • Canada Goose opens experiential store with snow storms (Retail Gazette)
  • Glossier pops up in 7 Nordstrom locations (Retail Dive)
  • Inside of SKP and Gentle Monster’s newly created mall (Jing Daily)
Marketing & Social Media
  • What does your brand sound like? (BoF)
  • TikTok increases age limits for gifts and streaming (Campaign)
  • ColourPop’s secrets to social media success (Vogue Business)
  • YouTube and Instagram changed beauty forever (BoF)
  • Instagram begins requiring birthdays for all new users (Adweek)
Product
  • ‘Waterless’ formulas are making beauty products more potent and sustainable (Fashionista)
  • Eco-conscious British brand Kind2 is reinventing the shampoo bar (Beauty Independent)
  • Mulberry debuts fully sustainable Portobello bag (WWD)
  • Reebok will sell a vegan running shoe made from plants (Business Insider)
  • McDonald’s is releasing a fast food-themed fashion collection (WWD)
Business
  • Rent the Runway launches a hotel partnership (Glossy)
  • What retail data reveals about Black Friday trends (Edited)
  • U.N. human rights officer emphasizes power of private sector (WWD)
  • Black Friday shopping app traffic soars 240% (Mobile Marketer)
  • Cyber Monday yields $7.5 billion in digital sales (AdWeek)
Culture
  • Brands must think beyond pride month (WWD)
  • Retailers are adopting gender-neutral shopping spaces (Fashion United)

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 product Retail social media sustainability technology

Amazon 10 years ahead of UN Paris agreement, Nike’s first hijab ambassador, Facebook’s AI styling

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

Top Stories
  • Amazon plans to meet UN Paris agreement 10 years early (CNBC)
  • First Nike hijab ambassador on breaking barriers for women in fitness (Evening Standard)
  • Facebook experiments with AI-powered styling program (Vogue Business)
Technology
  • Google and Jennifer Lopez reinvent the Versace dress that created Google Images (The Verge)
  • L’Oreal’s Color&Co adds AR hair color try-ons (Mobile Marketer)
  • The quiet robot revolution that can unlock a trillion dollars in retail efficiencies (Forbes)
  • Starbuck taps Alibaba’s Tmall Genie for voice ordering (The Drum)
  • Facebook teams up with Ray-Ban on smart glasses (Mobile Marketer)
  • Google opens a new AI research centre in India (The Next Web)
Sustainability & Purpose
  • Moncler tops Dow Jones Sustainability Index (Drapers)
  • Waste2Wear presents world’s first collection of ocean plastics verified with Blockchain (Fashion United)
  • Ikea invests in solar farms (Fast Company)
  • Nike opens distribution center fully powered by renewable energy (Highsnobiety)
  • Toast launches clothes-swap scheme (Drapers)
  • Salesforce is building an app to gauge a company’s sustainability progress (Tech Crunch)
  • Green money: AmEx joins fight against plastic waste (Stylus)
  • Avery Dennison teams up with plastic bank to further the circular economy (Sourcing Journal)
Retail & E-commerce
  • Body Shop opens refillable concept store (The Guardian)
  • Sandro opens first US flagship store in New York (Fashion United)
  • Psyche launches standalone childrenswear site (Drapers)
  • Quinn Harper opens first store on the King’s Road (TheIndustry)
  • Pandora unveils new store concept in Birmingham (Fashion United)
Business
  • Ocado and M&S’ new joint venture enjoys double digit growth (Charged Retail)
  • H&M to test selling external brands in strategy shift (BoF)
  • Thomas Cook collapse leaves thousands stranded as bailout fails (Bloomberg)
  • Burberry appoints non-executive director (Drapers)
  • In London, fashion takes a break from Brexit (BoF)
  • Toby Bateman steps down from Mr Porter (Retail Gazette)
  • Bluemercury founders depart Macy’s (Retail Dive)
Marketing & Social Media
  • The danger for luxury brands that fail at story telling (Jing Daily)
  • Urban Decay dishes out makeup samples to Bumble app users (Mobile Marketer)
  • As Gucci trips up on social media, sales fall (WSJ)
  • Louis Vuitton launces LVTV (Fashion United)
Product
  • Caspar jumps on the CBD bandwagon with sleep gummies (Retail Dive)
  • HP debut first computer made with ocean-bound plastics (Adweek)
  • Victoria Beckham launches beauty line at LFW (Fashion United)
  • Italy’s Opera Campi to launch stretch hemp apparel (Sourcing Journal)
Culture
  • Instagram adds new restrictions on weight-loss products and cosmetic procedures (Adweek)
  • Banana Republic looks to skin tone and size inclusivity for turnaround (BoF)
  • Refinery29 and Eloquii team up to create a crowdsourced plus-size collection (Adweek)
  • Gucci faces backlash for straightjackets at Milan show (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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business Campaigns digital snippets e-commerce product Retail sustainability technology

Shopify’s $6.6m sustainability fund, TikTok’s global rise, the new lure of the mall

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

TOP STORIES
  • Shopify looks to fight climate change, commits $6.6 million to new sustainability fund (BetaKit)
  • The strategy behind TikTok’s global rise (Harvard Business Review)
  • Can rollercoasters and a bunny garden lure shoppers back to the mall? (BoF)
  • Germany unveils Green Button: what you need to know about the worlds first sustainable textile label (Fashion United)
TECHNOLOGY
  • Pentland brands trials AR app (Drapers)
  • How technologies like RFID elevate the customer experience (Fashion United)
  • Luxury retailers are ladling on perks to please ultra-rich clients (Wired)
  • Coca-Cola cans activate animated stories in AR (Mobile Marketer)
  • Entrupy is an app that helps authenticate your grails (Highsnobiety)
  • McDonald’s uses AI for ordering at drive-throughs (BBC News)
SUSTAINABILITY & PURPOSE
  • How designers are trying to make NYFW more sustainable (Nylon)
  • Gucci vies to be even greener (NYT)
  • Stella McCartney pens an urgent letter to the fashion industry (The Times)
  • Biodegradable clothes may fix fashion’s huge waste problem (Wired)
  • Second-hand fashion hits £187m on eBay (Fashion United)
  • Harvey Nichols dips a toe into the circular economy (Vogue Business)
  • H&M announces initiative to increase e-commerce sustainability (Fashion United)
  • Sainsbury vows to halve plastic packaging by 2025 (Retail Gazette)
RETAIL & E-COMMERCE
BUSINESS
  • Philip Green’s Topshop & Topman report £505m loss (The Guardian)
  • New York’s Fashion Week revamp: did it work? (BoF)
  • New MD at Net-a-Porter (Drapers)
  • C&A files to begin IPO Process in Brazil (BoF)
  • Q&A with Mark Parker, CEO of Nike (Fast Company)
MARKETING & SOCIAL MEDIA
  • ‘We’re doing an evolution’: Inside Playboy’s extreme makeover (Digiday)
  • In London, is Extinction Rebellion out-marketing fashion? (BoF)
PRODUCT
  • Kim Kardashian’s Skims solutionwear launches online (Fashion United)
  • Duchess of Sussex’s new charity workwear collection (Vogue Business)
CULTURE
  • James Scully calls out ‘distressing’ treatment of models at NYFW (Dazed)
  • Macy’s announces 5-point plan to promote diversity and inclusion (Fashion United)
  • How to prevent your company from cultural appropriation (Forbes)
  • How cancel culture is affecting brands (Digiday)
  • PrettyLittleThing champions diversity at NYFW (Fashion United)
  • CurvyCon proves the future of fashion is fat (Fashionista)
  • M&S presents sunflower lanyards to support customer with disabilities (Retail Gazette)

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

Analyzing fashion’s G7 pact, Gen Z’s streetwear needs, the rise of rentals

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

TOP STORIES
  • Can fashion’s latest sustainability drive at the G7 summit make a difference? (BoF)
  • Gen Z wants something very different from streetwear (Vogue Business)
  • Everyone is launching rental service. Is there enough demand? (BoF)
  • Fashion’s growing interest in recycling clothing (Vogue Business)
TECHNOLOGY
  • 52% of retailers feel ill-prepared to support emerging mobile tech (Mobile Marketer)
  • Facial recognition will be watching and storing your emotions and data (Ad Week)
SUSTAINABILITY & PURPOSE
  • Gucci and Saint Laurent face an uphill battle to get green (BoF)
  • Why Levi’s new water strategy represents an ‘evolution in thinking’ (Sourcing Journal)
  • How Copenhagen plans to reach carbon-neutral status in just six years (Fast Company)
  • Amazon under fire for new packaging that cannot be recycled (The Industry)
  • Tiffany & Co releases it’s new sustainability website (CSR Wire)
  • Fast Retailing’s jeans innovation center ramps up efforts to reduce water use (Sourcing Journal)
  • France to prohibit the destruction of unsold stock: who is going to pay for that? (Fashion United)
  • Gore-Tex. Lycra. Could fashion’s next major fabric brand be green? (BoF)
RETAIL & E-COMMERCE
MARKETING & SOCIAL MEDIA
  • Hero Cosmetics doubles down on TikTok after results dwarf Instagram’s (Mobile Marketer)
  • Nike, New Balance, and USTA serve up ads celebrating female stars for US open (Fast Company)
  • Benefit and Deliveroo dish out beauty experience (Campaign)
  • PrettyLittleThing wants podcasts to take it from fashion retailer to ‘entertainment brand’ (The Drum)
  • Rihanna plans Savage X Fenty event to be broadcast on Amazon Prime Video (Fashion United)
  • Is WeChat’s growth over? (Walk the Chat)
PRODUCT
BUSINESS
  • Ulric Jerome exists Matchesfashion.com (WWD)
  • ThredUp gets $175 million in funding as resale market continues to boom (Fashion United)
  • Victoria Secret’s parent company’s stock price continues to plummet (The Fashion Law)
  • What Shanghai Tang’s rise, fall and return means for luxury fashion (Vogue Business)
CULTURE
  • The return of the hyper-sexualised male (BoF)
  • Appropriation or appreciation? Unpacking South Korea’s fascination with black culture (I-d)
  • Will Gen Z make non-binary fashion mainstream? (Sourcing Journal)
  • The future of male grooming is gender neutral (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.

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Comment Editor's pick mobile Retail technology

Why retail is betting on virtual try-on for growth

Virtual try-on technologies are having a moment in retail this year. Interest with our clients is off-the-charts and adoption is growing everywhere.

It all started with augmented reality mirrors and apps reshaping the way beauty consumers discover and try on products in the past five years. Now, fashion and accessories brands are finally subscribing to virtual try-on in a variety of ways with the hope of driving engagement, increasing sales and fighting back returns.  

Some of the most recent examples include Nike’s try-on shoe app launched this past May. It measures the shape, size and volume of feet in order to recommend to people the best size to buy in the sneakers they’re interested in. According to the brand, the accuracy is within two millimeters and the whole process takes less than a minute.

Gucci followed suit a month later with a try-on that enables users of its app to see the Ace Sneakers on their feet in real-time. Shoppers can look at the shoes from different angles, and take pics to share on social media. This pilot is powered by one of Current Global’s core technology partners, Wannaby – a Belarus-based startup that specializes in “augmented commerce”.

In the eyewear category, Ace & Tate launched a feature on its website where users can see what they look like in its sunglasses on screen. Michael Kors has also done this via Facebook. 

And in hard luxury, an experiential pop-up from Richemont in New York, called Arcadium, features a virtual try-on experience by Jaeger-LeCoultre that allows shoppers to try styles by placing a ‘marker’ bracelet on their wrist. 

So why is so much of this happening now? Three reasons:

1- Growing consumer expectations:  Virtual try-on was born in the cosmetics space – cutting its teeth with brands like L’Oréal through to Sephora. It gained ground as shoppers got used to the idea of being able to see their faces with all manner of filters on thanks to the realism on social apps including Snapchat and Instagram. What was once a tech-generated value that consumers took a while to understand, is now perceived as a right that is extending to footwear and eyewear. 

E-commerce is evolving to serve a time-stretched and more demanding shopper that is used to having everything they want at their fingertips. Included in that is the ability to see what something will look like specifically for them, before they hit purchase. It’s utilitarian. 

2- The tech has evolved: Behind this trend is the fact the technology has caught up to the expectation. It’s now smarter, more realistic and affordable. Five years ago, the artificial intelligence and augmented reality that was needed to provide realistic mapping to the human face or body, just wasn’t there. Many good teams tried and failed – mostly because market demand wasn’t enough to fund their growth. 

3- Reducing returns: The value of returned goods will rise from $350 billion in 2017 to $550 billion by 2020 in the US, according to forecasts from Happy Returns. A contributing factor to this worrisome growth is customers opting to shop from home instead of in-store. During our work sourcing solution partners for various retailers, we’ve observed virtual try-on solutions consistently delivering positive results – from a 20% increase in basket-size for Sunglass Hut to 120% increase in engagement in a brand app. The upside for brands lies primarily in driving conversions while reducing return rates since the more likely a product is right, the more likely the individual will both buy it and keep it. 

The human body, and the ability for virtual try-on of full clothing, has been developed in chapters. The challenge is to develop accurate visualization and mapping. We have dozens of tech partners with algorithms from the US to Eastern Europe to China that have accurately learned the face, flat feet (high-heels try-on is still in the works), and now are focused on the variations of consumers hands and ears. 

As accessory and footwear brands race to catch up on AR, it’s safe to say the next vertical to jump on board is sure to be jewelry. Tech companies are racing to develop realistic capabilities in that sector to establish themselves as category owners.

What about ready-to-wear? The technology is quite impressive and is already here, with two startups leading the way on mobile and in-store. But the high cost of the tech at the present moment has prevented widespread adoption. As the space moves fast with growing adoption of AR in consumer shopping behavior globally, we expect virtual try-on to be a staple in the corporate innovation toolbox for all retailers keeping up with the digital age. 

How are you thinking about virtual try-on? 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 product Retail social media sustainability technology

Robot photographers, questioning the new UK PM, is fashion-tech going to burst?

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

TOP STORIES
  • Are robot photographers the future of e-commerce? (BoF)
  • Industry questions new UK PM’s priorities (Drapers)
  • Is the fashion-tech bubble going to burst? (Vogue Business)
  • Don’t scoff at influencers. They’re taking over the world (NY Times)
  • The $400 billion adaptive clothing opportunity (Vogue Business)
TECHNOLOGY
  • This AI is helping scientists develop invisibility cloaks (Futurism)
  • Elon Musk’s robot surgeon will sew electrodes into human brains, starting in 2020 (Mashable)
  • The technology that makes the fashion Rental business tick (WWD)
SUSTAINABILITY & PURPOSE
  • How fashion is helping suppliers fight climate change (Vogue Business)
  • Bally reveals Mount Everest clean-up initiative (WWD)
  • H&M, Microsoft, PVH Corp collaborate in circular fashion initiative (Vogue Business)
  • The Ellen MacArthur Foundation wants to redesign the denim industry (Vogue)
  • Lush debuts ‘carbon-positive’ packaging (Edie)
  • As Zara announces its latest sustainability goals, three of its design team weigh in on going slower and creating responsibly (Vogue)
  • YKK leads the way in sustainability with Natulon® range (Fashion United)
  • This site will show you exactly how ashamed you should be of flying (Fast Company)
RETAIL & E-COMMERCE
  • Amazon’s revolutionary retail strategy? Recycling old ideas (Wired)
  • The toys are back in town: A reimagined Toys R Us returns (Forbes)
MARKETING & SOCIAL MEDIA
  • How Tik Tok is changing beauty standards for Gen Z (I-d Vice)
  • Fashion doesn’t know what to do with YouTube. Derek Blasberg is trying to help (Vogue Business)
  • Why brands are sliding into your DMs (BoF)
  • How will fashion find validation without instagram likes? (BoF)
  • Hermès reveals behind-the-scenes to its craftsmanship via WeChat (Jing Daily)
  • Gucci gamifies house codes in retro-style mobile arcade (Luxury Daily)
PRODUCT
  • This jewelry is a brilliant shield against face-recognition intrusions (Fast Company)
  • L’Oréal is launching a new skin-care brand with paper packaging (Allure)
  • Napapijri to launch 100% recyclable jacket (Fashion United)
  • Alice + Olivia to expand beauty and wellness with CBD partnership (Fashion United)
BUSINESS
  • Gucci growth slows but Kering still posts near 19% sales growth (The Industry)
  • Asos issues third profit warning in seven months as shares fall (The Guardian)
  • Charity shops, antiques behind surprise UK retail sales jump in June (Reuters)
CULTURE
  • Hong Kong’s entrepreneurial protesters are crowdfunding everything from doctors to legal fees (Quartz)
  • Forever 21 accused of body-shaming after giving out free diet bars with orders (Hype Beast)
  • Mr Porter commits to mental, physical health (WWD)

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
Editor's pick sustainability technology

Kering launches interactive EP&L for World Environment Day

To mark World Environment Day on June 5, Kering launched a digital, interactive version of its 2018 Environmental Profit and Loss (EP&L) report.

Kering’s annual EP&L was originally launched in 2011. It allows the group to measure its environmental footprint across its internal business operations, business activities and supply chain.

The new report is accessible on a dedicated digital platform. This is divided into four different sections, two of which allow data from the 2018 EP&L to be visualized in different interactive formats. The third allows users to download all of the raw material aggregate data Kering used to create the report, while the fourth provides access to the full methodology.

Together, these four sections create unprecedented access into Kering’s sustainable strategy.  

“Sharing the underlining EP&L data will complement the methodology we open-sourced in 2015 to further help other companies gain greater transparency of their supply chains and clarify their impact on the environment,” said Marie-Claire Daveu, chief sustainability officer and head of international institutional affairs at Kering.  

Kering’s hope for this new EP&L is also that industry players will be able to build on the data and create their own environmental analysis reports.

In more detail, the first section, called 2018 results, displays the environmental impact insights that were gathered and displayed on the original report in an interactive map format. This allows users to visualize how different environmental impact factors, such as greenhouse gas emissions and land use, impact different geographical locations in which Kering operates.

Through a filter function, users can further customize searches. For example, they can narrow down specific raw materials they are interested in, as well as different product categories such as “couture” or “jewelry”.

Kering’s EP&L “2018 results” map visual

The second category, Material Intensities, allows users to visualize the impact of specific materials in graph format. Again, the data can be customized by using a filter function that allows users to find out very specific information on material type, process step and country.

The third allows users to access and download the raw aggregate datasets that form the backbone of the interactive functionality of the report. These can again be customized to suit the search requirements of a user, they can also be analyzed and then downloaded.

Simultaneously to Kering launching its new EP&L, daughter brand Gucci has also launched its adapted EP&L report in the same interactive format, the first of the Kering brands to do so.

The group aims to further augment the report in October 2019 with a Hackathon in Paris. Inspired by Kering’s successful implementation of its “My P&L app”, this will invite tech experts, sustainability specialists and developers,  to build out apps and other digital solutions.

“Our Hackathon will leverage this data to innovate new tech solutions, which will undoubtedly support us in achieving our 40% EP&L reduction target,” comments Marie-Claire Daveu. “I hope this will also encourage a broader adoption of the resulting tools to facilitate the reduction of luxury and fashion’s impact on the environment and on biodiversity.”

How are you thinking about your sustainable innovation strategy? Want to learn more about how we worked with Google? The Current Global is a consultancy transforming how fashion 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 hear more.

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

ICYMI: Sephora’s inclusion training, Farfetch teams with Gucci, fashion’s child labor risks

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

TOP STORIES
  • Sephora to close US stores for inclusion training June 5 [Retail Dive]
  • Farfetch teams with Gucci for ‘communities’ initiative [BoF]
  • The fashion supply chain is still high risk for child labor [BoF]
  • L’Oréal is launching a new skin-care brand with paper packaging [Allure]
TECHNOLOGY
  • Forget digital versus physical: The future is programmable [Vogue Business]
  • Robocrop: World’s first raspberry-picking robot set to work [The Guardian]
  • Sephora Spain is investing AI mirrors to mimic Amazon’s recommendation engine [Glossy]
  • I watched the NBA Playoffs in VR, and it’s going to change how you watch sports [Fast Company]
  • Facebook plans to launch crypto-currency [BBC]
  • What happened when I let algorithms run my life for a week [Wired]
  • The British companies pioneering AI that reads your emotions – and will revolutionise everything from shopping to sport [Telegraph]
SUSTAINABILITY & PURPOSE
  • Amazon employees are pressuring the company to become a leader on climate [The Star]
  • Vegan beauty: How conscious consumers are driving innovation in ethical cosmetics [Marketing Week]
  • Formula One champion Nico Rosberg launches new sustainable tech festival [Tech Radar]
  • This hedge fund superstar thinks climate change will impact all your investments—and soon [Forbes]
  • The cult of Eileen Fisher is recruiting millennials [Vogue]
RETAIL & E-COMMERCE
  • How Japan mastered the art of experiential retailing [Fashion United]
  • Lessons about the Chinese shopper from the country’s largest discount app [Vogue Business]
  • Retailers cash in on a ‘captive’ college campus market [Retail Dive]
MARKETING & SOCIAL MEDIA
  • Instagram Shopping used by 39% of UK Gen Zers, study finds [Mobile Marketer]
  • The North Face apologizes for Wikipedia marketing stunt [Highsnobiety]
PRODUCT
  • Nike’s new product drop has ‘Fortnite’ characters sporting signature kicks [Mobile Marketer]
  • The world’s most beautiful headphones are here, and they’re made of fungus [Fast Company]
BUSINESS
  • Revolve sets IPO range, sees $1.2B valuation [WWD]
  • Arcadia faces angry creditors in battle to stave off bankruptcy [The Guardian]
  • Canada Goose stock drops 30.9% [WWD]
  • 3 ways Millennials and Gen-Z consumers are radically transforming the luxury market [Forbes]
CULTURE
  • Nike and Virgil Abloh are opening a mentorship center in Chicago [Highsnobiety]
  • How music stars became fashion’s most bankable collaborators [Vogue]
  • Hunter celebrates Pride with special edition PLAY boot [Fashion United]

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. 

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digital snippets Events sustainability technology

ICYMI: Met Gala, sustainability progress has slowed, fashion’s love affair with podcasts

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

TOP STORIES
  • Capitalising on the Met Gala moment is harder than it looks [BoF]
  • Progress in sustainable fashion has slowed by a third in the past year [Forbes]
  • What’s driving fashion’s love affair with podcasts [Vogue Business]
  • Fashion’s diversity problem has real costs [Vogue Business]
TECHNOLOGY
  • How augmented reality put five Madonnas on stage at once [Engadget]
  • Professor: Total surveillance is the only way to save humanity [Futurism]
  • Delivery robots will soon be allowed on Washington sidewalks [Engadget]
  • Your phone isn’t really spying on your conversations—the truth might be even creepier [Quartz]
  • Forget about artificial intelligence, extended intelligence is the future [Wired]
SUSTAINABILITY & PURPOSE
  • After weeks of protests, UK becomes first country to declare ‘climate emergency’ [ABC]
  • It’s time we ended the ridiculous millennial trend of constantly buying new clothes [Independent]
  • ‘The consumer is pushing them’: How fast-fashion brands are responding to sustainability [Glossy]
  • Indonesia could be the first country to move its capital because of climate change [Global Citizen]
  • Why fashion doesn’t pay fair [BoF]
  • A.P.C. now allows you to exchange old A.P.C. pieces for credit [Highsnobiety]
  • Shunning bad luck, Hong Kong buys into ‘pre-loved’ fashion [Reuters]
  • Forever 21 ‘steals’ anti-fast-fashion art [BBC]
  • H&M stops the presses, shreds its print catalog after 39 years [Sourcing Journal]
RETAIL & E-COMMERCE
  • Alibaba gets creative with three new Tmall genie speakers [Alizila.com]
  • Why the expansion of Nordstrom Local is important [Forbes]
  • Macys.com tops list of most trafficked retail apparel sites [WWD]
MARKETING & SOCIAL MEDIA
  • Instagram will now let creators and influencers sell items directly [TechCrunch]
  • How fashion brands are tapping into the exclusive Reddit community [Glossy]
  • Will the future of shopping be livestreamed? [Mobile Marketer]
  • How Instagram transformed the fashion industry [i-D Vice]
  • ‘This is for Men’ – L’Oreal Paris unveils clever ads calling for more women in leadership [The Drum]
  • Gucci and Snapchat offer taste of MET Gala [WWD]
PRODUCT
  • Puma is working on a shoe featuring living microbes [Puma]
  • Allbirds moves away from sneakers with new launch [Fashion United]
BUSINESS
  • The future of Chanel [BoF]
  • Gucci on track to hit €10 billion in 2020 [Vogue Business]
  • Sonia Rykiel enters receivership [WWD]
  • High-end slipper brand Mahabis goes into administration [Independent]
  • Zalando still loss-making but sales and site traffic surge [Fashion Network]
  • Adidas profits climb 17.1% in Q1 [WWD]
  • Jason Wu acquired by Chinese firm Green Harbor [Fashion Network]
  • Valentino is luxury fashion’s fastest-growing company [Vogue Business]
CULTURE
  • The age of political correctness will kill great fashion [Highsnobiety]
  • Maria Grazia Chiuri on her inclusive vision for Christian Dior [Fashion Network]
  • Virgil Abloh is in the midst of backlash for lack of diversity on his Off-White staff [Fashionista]

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 Retail sustainability

ICYMI: Allbirds imposes carbon tax on itself, what Fortnite means for fashion, luxury pledges to rebuild Notre Dame

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

TOP STORIES
  • Allbirds imposed a carbon tax on itself–and your brand should, too [Fast Company]
  • What Fortnite could mean for fashion [Sourcing Journal]
  • Louis Vuitton and Gucci owners pledge more than $300 million to rebuild Notre Dame after fire [CNBC]
  • London retailers hit out at protesters [Drapers]
  • Can recycling fix fashion’s landfill problem? [BoF]
TECHNOLOGY
  • The high-tech new standard for sampling [Drapers]
  • As supply chains get tech savvy, is cybersecurity keeping pace? [Supply Chain Dive]
  • Some apps use design to trick you into sharing data. A new bill would make that illegal. [Vox]
  • We built an ‘unbelievable’ (but Legal) facial recognition machine [NYT]
  • River Island adds AI tech, claiming it can boost sales by 10% [Fashion Network]
  • H&M harnesses AI to test online tailoring feature [Fashion United]
SUSTAINABILITY & PURPOSE
  • How to make sustainable fashion people will actually buy [BoF]
  • Clouds on the horizon: What climate change means for retail [Retail Dive]
  • Everlane’s founder vowed to remove all new plastic from the brand’s supply chain by 2021. Now he has to figure out how [Fast Company]
  • Brioni launches ‘zero-mileage’ sustainable menswear capsule collection [Fashion Network]
  • This new technical fabric replaces polyester with banana plants [Fast Company]
  • How green is your lipstick: beauty brands and the fight against plastic waste [The Guardian]
  • PrettyLittleThing partners with recycling app [Drapers]
  • With millennials in mind, outdoor retailer REI doubles down on rentals and used gear sales [Forbes]
RETAIL & E-COMMERCE
  • Neiman Marcus invests in luxury reseller Fashionphile, proving power of re-commerce and millennials [Forbes]
  • Offering shoppers new experiences isn’t helping: Malls hit with store closure tsunami, falling traffic [CNBC]
  • The complex link between retail and packaging [Retail Dive]
  • 4 reasons why luxury rentals could be a hit with Chinese millennials [Jing Daily]
MARKETING & SOCIAL MEDIA
  • Welcome to the new era of high fashion and video game collaborations: Inside Moschino and The Sims partnership [Fortune]
  • More than 100 brands collaborated with Game of Thrones. Here are the best stunts [AdWeek]
PRODUCT
  • Top jewellery CEOs say lab-grown diamonds are fashion, not luxury [Fashion Network]
BUSINESS
  • Valentino revenue growth slowed in 2018 [BoF]
  • Why fashion and beauty brands should take note of Pinterest’s IPO [Vogue Business]
  • Kering shares slide as Gucci’s growth slows [BoF]
CULTURE
  • Gen Z crave a world without borders, boundaries and binaries [WWD]
  • With a rapidly growing market, the trans-masculine community Is forging its own path in fashion [Fashionista]
  • Champion accidentally hit the fashion jackpot [Houston Chronicle]
  • China’s sharing economy now includes make-up, but hygiene doubts are hard to brush off [SCMP]

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.