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Everything you need to know from World Retail Congress

Retail’s ability to disrupt and update its strategies alongside a broader call for more sustainable practices were among the key topics at this year’s World Retail Congress in Amsterdam.

“High velocity retail” and “the future of retail” were the themes for the conference in 2019, with technological advancement standing out as a priority for retailers. “If you’re slow at picking up these nuances, these trends and things that are happening all around us all the time, you’re going to be a loser,” said Lord Stuart Rose, former chairman of British department store Marks and Spencer, now chair of online grocer Ocado.

There was also a conversation around slowing down, however, which tied into consumer expectations of purpose-driven brands. “I think the brands and retailers who will win will be the ones who can tap into meaning,” said philosopher Robert Rowland Smith.

Here’s everything else you need to know…

TOP STORIES
  • High velocity retail: Why the World Retail Congress 2019 was a breath of fresh air [Forbes]
  • Slower retail: Has the industry hit its speed limit? [FashionUnited]
  • Lord Rose: Death of the high street is “overblown” [Retail Gazette]
  • Amazon revealed as the world’s most valuable retail brand, but it shouldn’t rest on its laurels [Warc]
INNOVATION
  • Levi’s to allow shoppers to customize their own ‘greener’ jeans [FashionUnited]
  • Retail chiefs dismiss AI job threat, promise more training [Reuters]
  • Google launches tool to help retailers boost customer experience [Retail Week]
  • Walmart International CEO on data privacy, the failed Asda merger and leveling the playing field for women [FashionUnited]
RETAIL UPDATES
  • Zalando to expand delivery from stores to bag missed sales [Reuters]
  • Yoox Net-a-Porter to become one of the first to launch shoppable Instagram account [ChargedRetail]
  • JD.com exec Ling on the future of ‘boundless retail’ [Retail Week]
BUSINESS MODELS
  • Retailers should collaborate to survive: “You can’t do it alone” [CyclingIndustry]
  • Retailers say business model needs to change for them to remain relevant [Enterprise Times]
  • Millennials are driving growth in emerging subscription retail services [FootwearNews]
  • Superdry chairman urges boardrooms to hire young people amid online shift [Retail Gazette]

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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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.