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Contactless payment adoption, US WeChat ban, beauty trends during Covid-19

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

TOP STORIES
  • Relationship goals: luxury retail and technology make a perfect combo for customer (Forbes)
  • Retailers on the store of the future: Uncertainty is the biggest challenge (Glossy)
  • Will COVID-19 change fashion shows forever? (BoF)
SUSTAINABILITY & PURPOSE
  • How the pandemic is hurting progressive manufacturing (Vogue Business)
  • The future of fashion is in biomaterials and circularity (Sustainable Brands)
  • Ecommerce is saving fashion but destroying the planet (BoF)
  • Covid-19 chaos or not, consumers want brands to have purpose (Sourcing Journal)
RETAIL & COMMERCE
  • How convenience store chains like Circle K and 7-eleven are morphing in the COVID-19 era (Fast Company)
  • High-end fashion is finally joining the shift to digital (Digiday)
  • Covid-19 boosts contactless payment adoption (Retail Dive)
  • Virtual try-on is catching on among fashion consumers (Glossy)
  • The beauty trends customers are buying during Covid-19 (Vogue Business)
  • Animal Crossing creates live shopping experience with Klarna (WWD)
MARKETING & SOCIAL MEDIA
  • Spin Live launches shoppable video service in Shopify’s app store (Retail Dive)
  • Pinterest expands its skin tone search feature (TheIndustry.Fashion)
  • What does a US ban on Wechat mean for fashion? (BoF)
  • What fashion and beauty needs to know about Reels (Vogue Business)
PRODUCT
  • Steph Curry is getting its own brand at Under Armour (Footwear News)
  • Edit+ mixes athleisure, sustainability (WWD)
  • Ganni launching rental denim collaboration with Levi’s (Fashion United)
BUSINESS
  • Farfetch sales soared as online shopping took off during lockdowns (BoF)
  • Zalando see strong demand for logistics, fewer returns (Reuters)
  • Casper expands physical presence through tie-up with Sam’s Club (Retail Dive)
  • Luxury clobbered by Covid-19 (BoF)
  • John Lewis launches first ever virtual beauty tech department (TheIndustry.Fashion)
CULTURE
  • 3 key trends of China’s young luxury consumers (Vogue Business)
  • Why China will become the driving force of luxury (Jing Daily)
  • The future of the modelling industry (BoF)

 

 

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TikTok’s beauty potential, Allbirds sustainable partnership, post-COVID luxury strategy

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

TOP STORIES
  • All the major fashion brands and retailers severely impacted by the COVID-19 pandemic (WWD)
  • How JD.com leveraged new technologies to overcome COVID-19 (Jing Daily)
  • No tourists, no commuters, no customer: thinking beyond the shopping district (BoF)
SUSTAINABILITY & PURPOSE
  • Michael Kors, Tory Burch linked to “unfair” factory dismissals (Vogue Business)
  • China to open market to beauty brands that don’t test on animals (Fashion United)
  • Diesel becomes member of Better Cotton Initiative (TheIndustry.Fashion)
  • Allbirds, Chinatown Market unveils multi phased sustainability partnership (WWD)
RETAIL & COMMERCE
  • Swarovski launches London “Crystal Studio” concept store (TheIndsutry.Fashion)
  • Are pop-up shops more relevant in a pandemic-altered world? (Retail Wire)
  • How the coronavirus altered DTC’s relationship with brick and mortar (Retail Dive)
  • Will post-pandemic markdowns hurt luxury brands long-term? (Jing Daily)
  • Dissatisfaction with online retailers runs deep (WWD)
MARKETING & SOCIAL MEDIA
  • Nordstrom uses influencers to promote safety and draw anxious shoppers (NYT)
  • PetSmart gamifies reptile adoption with Snapchat AR quiz (Retail Dive)
  • TikTokers see big beauty potential – if there’s no ban (Vogue Business)
  • Mulberry’s new marketing approach in China may not be enough (Jing Daily)
PRODUCT
  • Puma teams with MIT on new cushioning technology (WWD)
  • Gillette Venus debuts ‘skinclusive’ clothing on Animal Crossing (WWD)
  • Chipotle launches sustainable fashion line (Fashion United)
BUSINESS
  • Farfetch, New Guards Group on future, technology (WWD)
  • North Face owner ready for post-COVID era (Retail Detail)
  • What the pandemic has done to Nordstrom’s revamp (Retail Dive)
  • LVMH, Kering and the new luxury strategy post-COVID-19 (Jing Daily)
  • How Estée Lauder is pandemic-proofing a legacy brand (Vogue Business)
CULTURE
  • Is streetwear a machine that turns insecurity into money? (High Snobiety)
  • What an inspiring digital fashion week looks like (Vogue Business)
  • Are Chinese travelers not buying at the airport? (Jing Daily)

 

 

 

 

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

Nike’s Innovation store, Burberry experiments with social retail, surviving the pandemic

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

TOP STORIES
  • Consumer outlook tempered by uncertainty, concern of lingering pandemic (WWD)
  • How to survive the future of retail (BoF)
  • Can fashion survive a second wave of Covid-19? (Vogue Business)
SUSTAINABILITY & PURPOSE
  • Outland Denim uses COVID-19 to increase sustainability focus (TheIndustry.Fashion)
  • Primark launches new UK in-store recycling scheme (Fashion United)
  • Covid hasn’t dampened consumer appetite for sustainability (Sourcing Journal)
  • A close look at fashion supply chain is not pretty (NYT)
RETAIL & COMMERCE
  • Inside Burberry’s trailblazing “social retail” store (TheIndustry.Fashion)
  • What luxury’s worst quarter ever reveals about the new normal (BoF)
  • Top customer service considerations for retailers in a post-COVID world (Retail Dive)
  • Five behavioral trends to take note of as high street re-opens (The Drum)
  • Will Chinese outlet malls for luxury in the post COVID-19 era? (Jing Daily)
MARKETING & SOCIAL MEDIA
  • DSW’s debut hashtag challenge on TikTok racks up 1.3b views (Retail Dive)
  • Achieving cultural credibility is a must for today’s young luxury consumers (WWD)
  • How virtual idols became real-life brand ambassadors in China (CCI)
PRODUCT
  • This Chinese luxury brand’s first sneaker uses 4D technology (High Snobiety)
  • Hari Mari: luxury flip-flops with a philanthropic purpose (WWD)
  • Air and Grace launches its first ever vegan collection (Fashion United)
BUSINESS
  • Moncler strengthens its digital strategy (Fashion United)
  • Former Lancome CEO launches fund for fashion and beauty start-ups (WWD)
  • Todd Snyder sees DTC as path to future growth (WWD)
  • Lowe’s innovation exec on why it was built for the COVID-era consumer (The Drum)
  • Inside Nike’s latest bet to understand its consumers (Vogue Business)
CULTURE
  • Meet the consumer class fueling China’s sneaker market (Jing Daily)
  • The internet doesn’t care for Fashion Week without influencers (HighSnobiety)
  • The Yards Covent Garden unveils art installation to welcome back consumers (TheIndustry.Fashion)
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CFDA’s digital platform, new sustainable collections, the DTC’s reckoning

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

TOP STORIES
  • CFDA unfurls Runway360, a digital platform serving as centralized fashion hub (WWD)
  • Rethinking the store of the future (Vogue Business)
  • How impactful were the digital fashion week shows, really? (BoF)
SUSTAINABILITY & PURPOSE
  • Ted Baker launches reusable face coverings using surplus cotton (TheIndustry.Fashion)
  • Fashion’s recycling bins: helpful or harmful? (Vogue Business)
  • Can anything shake consumers’ addiction to fast fashion?  (Bof)
  • IWC Schaffhausen sets new sustainability goals (WWD)
RETAIL & COMMERCE
  • Live streaming: luxury’s new tech gamble (Vogue Business)
  • The DTC reckoning, what’s next? (BoF)
  • Millennials and Gen Zers looks to retailers for a more community-minded commerce experience  (Retail Dive)
  • Google R&D lab jumps into mobile video shopping (WWD)
  • Neiman Marcus launches “Your Neiman’s” to evolve digital experience (Fashion United)
MARKETING & SOCIAL MEDIA
  • How to earn brand loyalty from Chinese Gen Z (Jing Daily)
  • Two-thirds of consumers will continue to using social media to the same extent post-lockdown (The Drum)
  • Target, L’Oreal, Ralph Lauren test Snapchat’s new brand profile pages (Mobile Marketer)
PRODUCT
  • Target, Zappos launch new collections with inclusivity in mind (Retail Dive)
  • Levi’s ongoing ‘journey’ to circularity marked by new collection (WWD)
  • The North Face launches Bottle Source collection (Fashion United)
BUSINESS
  • VF corp to debut multibrand store in Milan (WWD)
  • Armani and YNAP sign omnichannel deal (Reuters)
  • Why is Hermes thriving in China despite COVID-19 (Jing Daily)
  • Can Diesel be cool again? (BoF)
  • Diane Von Furstenberg’s brand is left exposed by the pandemic (NYT)
CULTURE
  • Will live shows go on in New York in September? Unlikely (WWD)
  • How mixing art & retail can work in China (Jing Daily)
  • Robin Givhan on the unclear future of fashion (High Snobiety)
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COVID-19: The new ‘New Normal’, the live streaming boost, the industry resets

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

TOP STORIES
  • Digital Download: Liz Bacelar on the technologies that will shape fashion (WWD)
  • The pandemic is changing every aspect about shopping: from store layouts to how jeans are folded (Washington Post)
  • Fashion’s alternatives to the discounting trap (Vogue Business)
SUSTAINABILITY & PURPOSE
  • Conde Nast announces commitment to become carbon neutral 2030 (Fashionista)
  • Will fashion ever be good for the world? Its future may depend on it (BoF)
  • The fight to protect fashion’s artisans (Vogue Business)
  • Designers and the social set partake in Cartier’s “Over the Rainbow” challenge (Tatler)
RETAIL & COMMERCE
  • Paris reopens, reshapes real-life luxury shopping (Vogue Business)
  • Facebook launches ecommerce feature for small businesses (TheIndustry.Fashion)
  • North American shoppers slowly return to stores after lockdown (Bloomberg)
  • Former Stitch Fix COO launches AI-powered shopping app (RetailDive)
  • Tmall continues to acquire luxury partners (Jing Daily)
MARKETING & SOCIAL MEDIA
  • Nike aims phones at the sky in search for sneaker-shaped AR cloud (Mobile Marketer)
  • Influencer marketing is here to stay post-Covid-19 (Fashion United)
  • The coronavirus boost to streaming, by the numbers (Content Commerce Insider)
  • Instagram hustles to become global hub for digital fashion shows (BoF)
PRODUCT
  • Chipotle, American Eagle reimagine prom night (RetailDive)
  • This copper jacket is designed to kill viruses and bacteria (Fast Company)
  • This travel jumpsuit was designed for traveling in a pandemic (Fast Company)
  • Billie Eilish and Takashi Murakami collaborate for Uniqlo collection  (TheIndustry.Fashion)
BUSINESS
  • Retail’s slow steps toward a new normal (Vogue Business)
  • Retail is one of the biggest employers in the US and it desperately needs help (Quartz)
  • Richemont’s Rupert takes the long view (WWD)
  • Opening Ceremony says goodbye to its stores for good (Vogue)
  • Coronavirus crushes Asia’s garment industry (Reuters)
  • CFDA and BFC send reset message (WWD)
CULTURE
  • Is real time personalization the future of fashion retail? (Glossy)
  • What will post pandemic shopping patterns look like? (Drapers)
  • What is the millennial post-COVID-19 consumer sentiment? (Jing Daily)
Categories
technology

Gabo Arora on the VR Revolution

The virtual world has become more vital than ever as we spend our weeks working through  video chats and trying to connect to loved ones through our screens, said Gabo Arora, a world-renowned and award-winning immersive artist, professor, and former UN diplomat. 

He talked about the future of virtual reality and its value as a platform for empathetic storytelling in a session with WIRED for South by Southwest.  Arora emerged on the VR scene with a filmmaking background and is the Founding Director of the new Immersive Storytelling and Emerging Technologies (ISET) program at Johns Hopkins University. He believes storytelling as a medium is one still being molded and encourages creators to continue to experiment when storytelling. 

Due to the isolation people around the world are facing due to COVID-19 quarantine, real life interactions are under threat and, instead of being replaced by the virtual connections, human connections are proving to be invaluable. Arora argues that social connections through VR may have the ability to bring people closer together.  VR has the ability “to expand your consciousness and allow people to experience human stories”. According to him, it will never replace but it could enhance our connections with the world and the people around you.  On the effectiveness of conveying empathy, Arora believes VR is most powerful when you come out of it with a new perspective. I’ve always been influenced by books – they’re the original empathy machines and when you read them…, you care about issues differently, you engage with the world,” says Arora. 

To illustrate the power of VR, Arora highlights the work of Iranizan artist Ali Eslami, who created a virtual experience called Death Tolls. Eslami took the number of deaths during the years of conflict in Syria and represented them with body bags. The viewer would fly through imaginary areas within the VR experience seeing what 80,000 deaths really look like. In his discussion around how VR can merge with live experiences, Arora references the Royal Swedish Ballet performance of Sharol Eyal’s dance piece – Half Life, that was released in VR, produced at the Royal Swedish Opera.  

As for the future of VR and storytelling, Arora encourages creators to continue to invest and develop content for the platform. “There is a hunger among many young people to become completely digitally native,” he says, and “they will continue to want control and to make stuff that can shape their own experience on the internet.” 

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COVID-19: Digital Fashion Weeks, AR adoption accelerates, Retail plans for reopening

11-Cloud-fashion-week-shoot-catwalk_04032020

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

TOP STORIES
  • Envisioning retail of the post coronavirus era (WWD)
  • Retailers are reopening their doors, here’s how they’ll keep consumers safe  (AdWeek)
  • Is this the future of the fashion show? (NYT)
SUSTAINABILITY & PURPOSE
  • A new denim collection gives jeans a digital identity (Vogue Business)
  • Traditional Japanese T-Shirt brand Sunray Sportswear champions sustainability (Hypebeast)
  • Fashion’s sustainability goals threatened by the crisis (BoF)
  • Sustainable Denim is finding a home on the runway (Sourcing Journal)
RETAIL & COMMERCE
  • Why discounts are a dangerous overreaction to a crisis (Jing Daily)
  • Asos accelerates the use of augmented reality (TheIndustry.Fashion)
  • Texas says stores can reopen, but will they? Here’s how some brands are redesigning their spaces. (Fast Company)
  • Harrods to start “remote clienteling” VIP service ahead of lockdown lifting (TheIndustry.Fashion)
  • Kendra Scott introduces AR tool (Retail Dive)
MARKETING & SOCIAL MEDIA
  • Could the pandemic push influencer marketing deeper into the realm of CGI avatars? (Fashionista)
  • How can brands sensitively market products during COVID-19? (WWD)
  • With Gen Z in lockdown, DIY fashion takes off (Vogue Business)
  • Marc Jacobs and Valentino enter gaming with Animal Crossing outfits (TheIndustry.Fashion)
PRODUCT
  • Gap plans move into non-apparel categories (RetailWire)
  • This fashion-forward shield may land on faces soon (WWD)
  • Why Dior’s customizable bag fell flat (Jing Daily)
  • Barbour dips its toes into streetwear with Supreme collaboration (TheIndustry.Fashion)

BUSINESS

  • Bernard Arnault plans for LVMH rebound (Bloomberg)
  • Pandemic pushes Ferragamo into new territory (Vogue Business)
  • Brookfield plans $5 billion to prop up retailers after mall bet (Bloomberg)
  • Zalando predicts double digit growth (Drapers)
  • Can Neiman Marcus survive bankruptcy? (BoF)
  • Beauty and wellness brands see payoff from digital efforts (WWD)
CULTURE
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Raf Simons joins Prada, Wexner out at Victoria’s Secret, influencers introduce paywall

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

Top Stories
  • Miuccia and Raf: Fashion’s new power couple (WWD)
  • Wexner steps down as Victoria’s Secret goes private (NYT)
  • Influencers are putting up paywalls. What does that mean for brands? (Vogue Business)
  • Coronavirus could cause a €40 billion decline in luxury sales in 2020 (Vogue Business)
Technology
  • 5G could be the future of AR collaboration (VR Focus)
  • Facebook will now pay you for your voice recordings (The Verge)
  • Puma brings targeted hologram ads to car roofs for NBA All-star game (Marketing Drive)
  • Tech predictions for social media and marketing (Campaign)
  • Digital transformation projects don’t fail because of a shortage of tech (TNW)
  • PVH readying its value chain reinvention ‘blueprint’ (WWD)
Sustainability & Purpose
  • Dior partners with Louvre to restore Tuileries Garden (WWD)
  • In London, young designers pave the way to sustainability (Vogue Business)
  • Is the EU ready to back the Green Deal? (Forbes)
  • Mulberry moves factory floor to London as it thinks green (WWD)
  • Could playing in installments make sustainable fashion more accessible? (Fashionista)
  • New Diesel ‘Upcycling For’ project embraces sustainability (Highsnobiety)
  • Richard Malone wins the International Woolmark prize (Vogue Business)
Retail & Commerce
  • Farfetch launches BEAT, the future of drops (Highsnobiety)
  • ThredUp to facilitate resale for consumers of Gap Inc. (WWD)
  • Should retailers scale hyper-localized store elements chainwide? (Retail Wire)
  • Macy’s shows off latest retail innovation ‘Market by Macy’s’ (WWD)
Marketing & Social Media
  • Facebook tests Pinterest-like app for saving and sharing photos (Mobile Marketer)
  • Olay will stop retouching advertisements by the end of 2020 (Adweek)
  • Karl Lagerfeld launches Pac-Man style game (Charged Retail)
  • YouCam features runway beauty trends via AI, AR tech (Mobile Marketer)
  • Nike and ASOS introduce wellness experience (Campaign)
  • How livestreaming is helping beauty brands in China (Jing Daily)
Product
  • Puma launches sustainable collection with First Mile (Fashion United)
  • Bottega Veneta just introduced a 100% biodegradable boot (Highsnobiety)
Business
  • Outdoor Voices CEO Tyler Haney steps down as losses mount (BoF)
  • Puma breaks five billion euros sales barrier (WWD)
  • Glossier presses pause on ‘play’, rethinks makeup strategy (BoF)
  • Manufacturers slam new immigration system (Drapers)
  • Ikea becomes the first retailer to let customers pay using time (Forbes)
  • The secret to Browns’ survival (NYT)
Culture
  • Zalando says it’s taking a stand against stereotypes in new campaign (Fashion Network)
  • Fendi’s future-facing show aims to entice the Instagram generation (Evening Standard)
  • Hate cancel culture? Blame the algorithms (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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Bezos’ $10bn climate pledge, Condé Nast’s TV debut, Burberry’s carbon neutral runway

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

Top Stories
  • Amazon’s Jeff Bezos pledges $10bn to save Earth’s environment (The Guardian)
  • Conde Nast is launching its own TV & film studios (Highsnobiety)
  • Burberry introduces carbon insetting and carbon neutral LFW runway (The Industry)
Technology
  • China takes 9-1 lead over US in tech patents (Kikkei Asian Review)
  • Three unveils immersive 5G show at London Fashion Week (Campaign)
  • Augmented reality is getting real (Scientific American)
  • Democracy tech will be the next hot investment space (Wired)
  • Is fashion ahead of facial recognition? (Vogue)
  • Facebook buys AR start up for a reported $40m (VRScout)
Sustainability & Purpose
  • Nike outlines environmental & social initiatives in Impact Report (Highsnobiety)
  • How China’s ban on importing waste has stalled global recycling (Yale E360)
  • Fur industry launches global sustainability strategy ‘natural fur’ (Sourcing Journal)
  • Can Fashion’s new activists make sustainability sexy? (BoF)
  • Alexander McQueen are donating old fabric to young designers (i-D)
  • Demand for ‘organic’ product is growing, but consumers no not understand the term (Fashion Law)
  • Top of the Crop: Adidas, Ikea, H&M Group rank in sustainable cotton (WWD)
Retail & Commerce
  • Amazon has a secret luxury fashion site (BoF)
  • Stitch Fix officially launches ‘shop your looks’ (Retail Dive)
  • Showfields takes a bow, sets second unit in Miami (WWD)
  • Primark to open first wellness pop-up shop in Boxpark (Drapers)
Marketing & Social Media
  • Instagram overtakes Facebook in audience of top 50 brands (Mobile Marketer)
  • WhatsApp now has 2 billion users (The Verge)
  • Walmart’s new social media strategy has boosted app downloads 50% (Digiday)
  • Chanel to host immersive botanical exhibit in Paris (WWD)
  • How Adidas is using Whatsapp as a direct marketing channel (Digiday)
  • Snapchat will now offer mental health tools in the app (MIT Technology Review)
  • The golden age of Instagram marketing is over (BoF)
Product
Business
  • Golden Goose acquired by Permira (BoF)
  • Forever 21 rescued by landlords for £62 million (Retail Gazette)
  • Walmart to end Jetblack shopping service (WSJ)
  • Simon snaps up Taubman malls for $3.6B (Retail Dive)
  • Acne-patch brand Starface picks up $2 million investment led by BBG (Vogue Business)
  • Gymshark named Britain’s fastest-growing fashion brand (Drapers)
Culture
  • Where are the designers who truly get modern women? (The Cut)
  • Rihanna’s lingerie line accused of deceptive marketing (NYT)
  • Inside China’s burgeoning sneaker market (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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business Campaigns digital snippets e-commerce Retail social media sustainability technology

YouTube brings in $15bn, Amazon’s Instagram-powered fashion, Fraser Group’s new shareholder, PETA

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

Top Stories
  • Youtube’s ad revenue reached $15 billion in 2019 (Highsnobiety)
  • Amazon Fashion drops capsule collection based on Instagram community’s wish list (Fashion Network)
  • Peta buys stake in Frasers Group to challenge fur policy (Fashion United)
  • Vogue Italia dedicates cover to Protect Venice (Fashion Network)
Technology
  • Cyber-Luxury: AI is disrupting luxury (Jing Daily)
  • Verizon launches first international 5G production lab in London (Campaign)
  • Facial recognition: big brother or ultimate convenience (Drapers)
  • Where are wearables going in 2020? (TechCrunch)
  • 3D-printed vitamins: The future of customizable nutrition (Stylus)
  • Big tech is infiltrating fashion week (Vogue Business)
  • Smart speaker shopping falls short of projections (Retail Dive)
Sustainability & Purpose
  • The North Face to auction one-off upcycled vintage garments (Hypebeast)
  • Fashion brands turn to hackathons to crack sustainability strategies (Vogue Business)
  • Burberry opens centre for manufacturing excellence with support of UKFT (The Industry)
  • Selfridges to ban all plastic-based cosmetic glitter by 2021 (Retail Gazette)
  • Wrangler launches sustainable cotton programme in Europe (The Industry)
  • Will ‘swishing’ be 2020’s biggest fashion sustainability trend? (Refinery29)
  • This biodegradable bioplastic sucks carbon from the air (Fast Company)
  • How will China’s ban on single use plastics affect fashion? (Jing Daily)
  • Gucci joins the Lion’s Share fund (WWD)
  • Dollar General, Sephora, Lowe’s among 7 most improved retailers addressing toxic chemicals (GreenBiz)
  • Prada & UNESCO launch sustainability education program (Hypebeast)
Retail & Commerce
  • Sephora is defying the retail apocalypse with 100 new store openings in 2020 (Fast Company)
  • Vans’ new downtown LA store focuses on its community (Hypebeast)
  • Selfridges launches Hurr fashion rental pop-up (Charged Retail)
  • Tiffany adds pop-up flower shop (WWD)
  • Elite shoppers spend averages £29,700 in UK shops (Retail Gazette)
Marketing & Social Media
  • Chipotle’s Justin Bieber challenges reaches 95m on Tiktok (Mobile Marketer)
  • Macy’s revamps private label to reach millennials (Retail Dive)
  • Who is fashion stumping for in 2020? (BoF)
Product
  • Who What Wear launches apparel, footwear and accessories line in UK (WWD)
  • Apple is now outselling entire Swiss Watch industry (Hypebeast)
  • See Nike’s surprising new Olympic look (Fast Company)
Business
  • Sportswear retailer Frasers invest in Mulberry Group (BoF)
  • Coronavirus fears see $400 billion wiped off China’s stock market (Forbes)
  • Farfetch raises $250m in debt to further grow platform (Hypebeast)
  • Nike closes half its Chinese stores over coronavirus (Drapers)
  • Birchbox cuts 25% of global staff (Retail Dive)
  • Softbank-backed Brandless shuts its doors for good (TechCrunch)
  • New Look founder invests in rental platform (Drapers)
  • Allbirds appoints Old Navy’s chief creative officer to board of directors (Fashion United)
  • Matchesfashion.com taps Amazon exec as new CEO (WWD)
Culture
  • How Dolce & Gabbana clawed its way back from cancellation (BoF)
  • Creative industries outshine wider economy (Drapers)
  • How chain stores are rightsizing New York City retail? (Retail Dive)
  • What happened to New York Fashion week? (BoF)
  • Wire hangers are everywhere, and no one ever wants them (Vox)

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.