(PDF) Bain - The Future of Luxury : Luxury Goods Worldwide Market Study
[Business]
2019/03/24 09:10
The 17th edition of the Bain Luxury Study, published by Bain & Company for Fondazione Altagamma, the trade association of Italian luxury goods manufacturers, analyzed recent developments in the global luxury goods industry, as well as the future outlook.The luxury industry as tracked by Bain encompasses both luxury goods and experiences. It comprises nine segments, led by luxury cars, luxur...
Hudson Yards is a Billionaire's Fantasy of the Future of City Life
[Design]
2019/03/24 09:09
On march 15, 2019, new york celebrated the grand opening of hudson yards. although the mixed-use scheme — the largest private real estate development in the history of the united states.Comprises a wealth of offices, residences, and retail outlets, its focal point and centerpiece is a publicly accessible structure designed by heatherwick studio. temporarily known as ‘vessel’, the structure i...
Walmart Builds a Secret Weapon to Battle Amazon for Retail’s Future
[Business]
2019/03/24 09:08
The world’s largest retailer is using Jetblack, a money-losing personal-shopping service, to develop artificial intelligence to compete with e-commerce giant Amazon.Epiphany Davis arrived at work in lower Manhattan on a recent morning, consulted her cellphone and set off by foot in search of products ordered via text message by wealthy New Yorkers.From her company’s loft-like headquarters, Ms...
Starbucks Invests $100M in Food, Retail Incubator
[Investing]
2019/03/24 09:07
Starbucks has invested $100 million in Valor Siren Ventures, a fund managed by Valor Equity Partners that will support food and retail startups. The investment is a first of its kind for the coffee company, according to a press release.The fund, which is expected to raise an additional $300 million, will identify and invest in companies that are creating products, technology and other solutions...
Self-Healing Coating Made of Corn Starch Makes Small Scratches Disappear Through Heat
[Tech]
2019/03/24 09:06
At a temperature of 100 degrees C, scratches in the coating heal in about one minute.It's certainly a hassle when a car gets a big paint-scratch, but smaller scratches in its clear coat are much more common and still unsightly. A new corn-based transparent finish could help, as its scratches heal up when subjected to heat.Developed by scientists at Germany's Leibniz Institute for New Materials,...
(Infographic) Two-Thirds of Consumers Have Never Used an App to Send Money
[Consumer]
2019/03/24 09:05
How apps are changing the way the world banks—and how they aren't.While smartphones have revolutionized the way we do most everything, from buying groceries to doing laundry, fewer people use apps to handle their finances than one might think, according to new research from customer experience management provider Clarabridge.While smartphones have revolutionized the way we do most everything,...
Hermès to Launch Skincare & Cosmetics in 2020
[Business]
2019/03/24 09:04
The French luxury house confirmed its big beauty ambitions. Hermès plans to launch skincare and cosmetics ranges in 2020. The collections are being developed in-house but will be manufactured by third-party suppliers, mainly in France and Italy.This is a new challenge for the brand, which saw sales grow 10.4 percent in 2018 to reach nearly €6 billion. “Obviously, we hope to have the biggest...
Europe's First Underwater Restaurant Offers Views of the Seabed - Snøhetta
[Design]
2019/03/24 09:03
Under features a large panoramic acrylic window that allows people to watch the marine life of Norway's southern coast.Visitors to Norway can now dine both on and with fish in an impressive new restaurant by Snøhetta. Appropriately named Under, the building is part-sunk into the sea and is encased in a concrete shell designed to withstand the harsh conditions on the seabed of Norway's rugged s...
(PDF) The New Plastics Economy - Global Commitment Spring 2019 Report
[Business]
2019/03/21 09:10
Coca-Cola produced 3,000,000 metric tons of plastic waste in 2017, about the same size as 28,000 Blue Whales. It was the first time the company released their estimate for how much plastic waste they produce.They did so in association with the Ellen MacArthur Foundation, which released a report detailing the amount of plastic major companies produce and their corporate social responsibility pro...