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

ICYMI: Inside Magic Leap, no one buys through Alexa, Supreme’s covetable newspaper ad

Magic Leap
Magic Leap

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

TOP STORIES
  • Inside Magic Leap’s quest to remake itself as an ordinary company (with a real product) [Wired]
  • Surprise, no one buys things via Alexa [TechCrunch]
  • New York Post Supreme ad turns tabloid into impossible to find commodity [NY Times]
  • Adidas has a clever plan for staying relevant: withholding its biggest hits [QZ]
  • Toward a different language of size [NY Times]
TECHNOLOGY
  • How fashion retailer H&M is betting on artificial intelligence and big data to regain profitability [Forbes]
  • Wayfair unleashes mixed-reality shopping [RetailDive]
  • Starbucks may let customers pay with bitcoin [CNN]
  • Red Bull, Swarovski test Kik’s cryptocurrency rewards app [MobileMarketer]
SUSTAINABILITY & PURPOSE
  • Could rental fashion help us become more sustainable? [Harper’s Bazaar]
  • Walmart tried to make sustainability affordable. Here’s what happened [QZ]
  • Esprit and IndustriALL collaborate to improve workers’ rights [FashionUnited]
RETAIL & E-COMMERCE
  • Online retailers are using empty mall spaces to test products [Digiday]
  • Are retail stores now museums too? New beauty shop charges you to enter [Observer]
  • 9 tips for mastering the in-store experience [BoF]
  • Most consumers abandon online shopping carts due to lengthy checkouts [WWD]
  • Casper to open 200 stores across North America [RetailDive]
  • Levi’s unveils Project F.L.X. customization studio in Downtown LA [WWD]
  • Why isn’t Zara on every street corner? [Forbes]
  • Debenhams begins roll-out of in-store gyms [TheIndustry]
  • Store, café or art gallery? The rise and rise of the concept store [FashionUnited]
MARKETING & SOCIAL MEDIA
  • L’Oréal brings AR makeup sampling to Facebook [MobileMarketer]
  • How the #VanLife movement is influencing car design [FastCompany]
  • ‘Stories’ was Instagram’s smartest move yet [Recode]
  • Snapchat expands Shoppable AR to its top creators [Digiday]
  • How Poshmark’s sellers made $1B off the ‘social mall’ [RetailDive]
  • You are not original or creative on Instagram [QZ]
PRODUCT
  • Walmart is reportedly launching an Everlane-like clothing brand [QZ]
  • Vans aims to inspire and educate with its Van Gogh museum collection [AdWeek]
  • Are fashion brands pivoting to focus on cosmetics and fragrance? [Fashionista]
  • Amphibio is a 3D-printed shirt that lets you breathe underwater [FastCompany]
BUSINESS
  • Wrangler owner VF plans to spin off jeans business [WSJ]
  • How Benefit Cosmetics stays young [BoF]
  • Is Burberry’s simple new logo catnip to copycats? [Jing Daily]
  • Black designers have to work twice as hard – & are still ‘emerging’ [Refinery29]
CULTURE
  • Community, the missing ingredient in luxury’s streetwear pivot [BoF]
  • Bad taste is the best thing to happen to fashion [Vogue]
  • Black women are dominating the September issues [Evening Standard]

 

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
e-commerce Retail technology

Shoppers are craving more augmented reality tools for online shopping

Wayfair augmented reality
Wayfair

Almost half of shoppers (45%) say they would spend larger amounts online if they had access to technology to help them better visualize what they’re buying, according to new research from e-commerce agency, PushON.

The survey of 1,000 shoppers, also showed 40% of them more specifically would like to use augmented reality (AR) technology to test a product out virtually before they buy it to get a feel for how it would look in real life.

Over half of shoppers (52%) believe retailers should be investing in technology to create a seamless link between in-store and online shopping, which we’re increasingly seeing AR enable.

According to Sam Rutley, managing director of PushON, utilizing AR in this way will help to provide shoppers with the same level of service and information that they’d receive in store. “This will go a long way towards increasing consumer buying confidence through the higher levels of assurance this technology can offer, meaning they’ll feel comfortable spending more online. Technology is the future and retailers can’t afford to ignore the changes that are happening within the sector – particularly when consumers themselves have clocked on to the benefits of investing in it.”

The research comes as more retailers are indeed beginning to invest in such technology to enhance the online shopping experience for customers.

Earlier this year, Ikea launched its Place app, using Apple’s ARkit to allow customers to virtually try out furniture in their own homes. The app places 3D, true-to-scale models of Ikea’s range of furniture to help give an accurate indication of the item’s size, design and functionality in your own home. Other homeware stores including Wayfair and Lowe’s are doing similar things.

Meanwhile, AR is also becoming important for fashion. Zara has recently begun trialling the technology in its physical stores to encourage shoppers to see models come to life on their mobile phones, while luxury brands such as Gucci are using it for immersive storytelling.

 

Categories
business e-commerce mobile social media technology

Digital snippets: CFDA’s study results, Rebecca Minkoff on women in STEM, Courrèges’ wearable tech

courreges

Your round-up of the latest stories to know about related to fashion and technology…

  • CFDA releases its (slightly) obvious study results on the New York Fashion Week format [Fashionista]
  • Rebecca Minkoff: The fashion-tech revolution needs more women [BoF]
  • Courrèges coat has a warming system like a heated car seat [Quartz]
  • Dolce & Gabbana under fire for name “slave sandal” [NY Times]
  • Topman sets up newsroom to make sure its daily videos are always on trend [The Drum]
  • Wayfair launches a catalogue with a tech twist [Fierce Retail]
  • Amazon selling its own clothes actually makes a lot of sense [Wired]
  • Adidas’s $600-a-year subscription for workout clothes is testing the limits of a big shopping trend [Washington Post]
  • Digging into Reddit: does it work for fashion brands and retailers? [Fashion & Mash]
  • All was quiet on Instagram and Twitter for New York Fashion Week – is Snapchat the reason why? [Digiday]
  • Why retailers should take note of fashion week’s popularity on Instagram [Washington Post]
  • Burberry, Coca-Cola and Gucci among first brands to test Facebook’s new ‘Canvas’ ad unit [Marketing]
  • 3 technologies that are shaping the future of fashion: instant messaging, 3D printing and virtual reality marketing [BoF]
  • Hear the newest looks: Why fashion podcasting is seeing a boom [Digiday]
  • Will 2016 be the year of Snapchat for advertisers? [The Drum]
  • Why newsletters are the teen magazines of 2016 [WGSN Insider]
  • The fashion industry is pouring money into VR, with no idea how to use it [Motherboard]
  • Brexit falls out of favour with luxury brands [Independent]
  • Brands are watching social media reactions to red carpet looks [WWD]
  • Designers: Robots are coming for your jobs [Co.Design]
  • Getting YouTube stars to sell your product [NY Times]
  • Why retailers are missing out on mobile with millennials [AdAge]
  • Why nobody’s wearing wearables [Bloomberg View]
Categories
digital snippets e-commerce film mobile social media Startups technology

Digital snippets: Richemont invites LVMH as e-commerce partner, Google and Levi’s on Project Jacquard, JLab’s final 21 start-ups

A particularly oversized round-up of the latest stories to know about surrounding all things fashion and tech…

Project-Jacquard

  • Richemont invites LVMH to join site to compete with Amazon [BoF]
  • Google is partnering with Levi’s for its Project Jacquard smart fabric (as pictured) [TNW]
  • The 21 tech start-ups getting John Lewis excited in 2015 [The Drum]
  • Marc Jacobs gets Periscope, follows in footsteps of fashion brands Burberry, DKNY & Rebecca Minkoff [WGSN.com/blogs]
  • Macy’s embraces a ‘digical’ world [AdAge]
  • Why Nordstrom is the Amazon of department stores [Fortune]
  • How an Instagram “like” from artist Alice Lancaster unspired Calvin Klein 2016 resort collection [Vogue]
  • Forever 21 drives sales through consumer-generated outfit gallery [Mobile Commerce Daily]
  • Why adidas created content that no one will ever see [Marketing Magazine]
  • Candie’s focuses campaign on Instagram [Media Post]
  • Wayfair gains three times more revenue from YouTube’s shoppable ads [AdAge]
  • MikMak is the smartphone-based reinvention of the infomercial [TechCrunch]
  • Hey retailers, Pinterest just got a whole lot more shoppable – ‘buy it’ button unveiled [AdWeek]
  • Instagram is introducing new shoppable ads [Yahoo! Style]
  • Buy buy buy: Why all of your favorite social networks want you to shop now [Mashable]
  • From startups to mass retailers, it’s a tough time for fashion [Fashionista]
  • Retailers have mishandled mobile payments for years. It’s time to surrender to tech [Quartz]
  • Can Silicon Valley fix women’s fashion? [Buzzfeed]
  • Fashion films: what works and what doesn’t [Fashionista]
  • At Silicon Valley’s very first fashion week, flying pants seem totally normal [The Verge]
  • Coming soon to your smart watch: ads targeting captive eyeballs [Bloomberg]
  • Bolt Threads raises $32 million to make gene-engineered fabric grown in fermentation vats [Forbes]
  • Why we still don’t have cheap, customisable 3D-printed shoes for all [Fast.Co Design]
  • How bloggers make money on Instagram [Harper’s Bazaar]
  • The Kendall Jenner effect: how social media is changing modelling [MTV]