The Risk of Staying Static in a Fast-Paced Economy
[Business]
2018/08/23 09:07
A decade ago, the U.S. economy experienced one of the most difficult recessions since the Great Depression, and the effects touched every industry, including fast-moving consumer goods (FMCG). Unfortunately, when the markets turned, many FMCG companies—manufacturers in particular—were caught off guard by the sudden rise in the cost of doing business, especially the rising cost of goods.Now, w...
Get Ready for a Big Surge in Demand for Paper Straws
[Business]
2018/08/23 09:06
Paper straw maker Hoffmaster is adding capacity and hiring as it expects the switch away from plastic to greatly boost business.Demand for paper straws has surged as awareness about plastic ocean pollution has grownWith some of the world’s biggest companies and entire cities banning plastic straws, Hoffmaster Group Inc. and Aardvark Straws, makers of paper straws, are ramping up for a surge in...
Chanel Debuting First Men’s Makeup Line
[Product]
2018/08/23 09:05
Chanel announced this week that it will be launching its first makeup line for men in South Korea on Sept. 1. The three-product line includes a tinted fluid foundation in four shades, a matte lip balm, and an eyebrow pencil, also in four shades.Dubbed “Boy de Chanel,” a play on Boy Capel, the lover and muse of Coco Chanel, the makeup line is the first from a major prestige designed specifical...
(Video) Hammer with Collated Nail Dispenser
[Product]
2018/08/23 09:04
Described by its designer as a ‘mad scientist project’, this hammer includes a collated nail dispenser — designed to make grueling DIY work a thing of the past. Created by ohio-based designer michael david young, the appliance is portable and requires no electricity. once a nail strip is loaded into the device, users tap once to set it in place, before the nail is easily hammered into the su...
(Infographic) Cracking the Assortment Conundrum
[Consumer]
2018/08/23 09:03
There’s no doubt that the fast-moving consumer goods (FMCG) landscape has grown evermore complicated. For example, fast-paced lifestyles are inspiring shoppers to make fewer trips than they did in the past.According to Nielsen Homescan data, there have been 1.02 fewer trips per shopper on an annual basis than a year ago, and that means retailers and manufacturers have fewer chances to capture...
(Patent) Apple Invents an Enhanced Automotive Passive Entry System
[Tech]
2018/08/22 11:08
The US Patent & Trademark Office published a patent application from Apple that relates to an enhanced automotive passive entry system. The patent makes no mention that it applies to autonomous vehicles which is interesting. The system could use an iPhone, Apple Watch or other wearable device to lock and unlock vehicles doors, open the trunk, start the vehicle and may support an in-vehicle...
(PDF) Deloitte - What Weighs on Millennials’ Minds … And Wallets ?
[Consumer]
2018/08/22 11:08
Understanding how behavioral factors may be influencing millennials’ lifestyle choices.Millennials’ spending habits draw a lot of attention. Their decisions appear to be driven by a host of biases created by both technological and social change. Some of these changes are common to every generation, and some are unique to millennials.ANY analysis of US economic data today could be incomplete w...
The Tour Guide of The Future - BANDI
[Design]
2018/08/22 11:08
Traveling is a wonderful past time, it allows our horizons to be broadened, alters our perspective of the world around us and creates memories that we can treasure for a lifetime to come. But it can also be incredibly daunting, especially if the destination is unfamiliar to us and the pressure to see everything that the place has to offer can become overwhelming. This is where BANDI comes into...
Facebook and NYU Turn to AI to Make MRI Scans Up To 10 Times Faster
[Tech]
2018/08/22 11:07
The NYU School of Medicine's Department of Radiology is joining forces with Facebook's Artificial Intelligence Research group on a project aiming to utilize AI to dramatically speed up the time it takes to complete a magnetic resonance imaging (MRI) scan.MRI scans are one of the best, and safest, diagnostic tools currently available, offering doctors an incredibly detailed insight inside a pati...
6 Factors Driving Consumers' Quest for Convenience
[Consumer]
2018/08/22 11:07
Hyperconnectivity and busy lifestyles are influencing buying decisions of global consumers. Global consumers want convenience at every stage of shopping and brand engagement with products and services. However, convenience means different things to different consumers, and it’s increasingly important for fast-moving consumer goods (FMCG) companies to understand the regional and global trends c...
Advanced Eye Drops May Allow You to Chuck Your Glasses - Orasis, Nano-Drops
[Tech]
2018/08/22 11:07
Two Israeli startups describe how their clinical-stage products could radically change the way people correct their vision.Would you rather wear glasses or contact lenses, have laser surgery, or put drops in your eyes to see well? Consumers are starting to demand the third option, as new scientific advances have made corrective eye drops possible.This is big business: A couple of years ago, pha...
Shoppers Can Purchase A Bottle Of Tiffany & Co. Fragrance From A Vending Machine
[Product]
2018/08/22 11:06
The retailer is looking to revamp its brand with interactive store features that are Instagram and social media ready.At first, some might find a vending machine out of place in a store owned by the luxury brand Tiffany & Co. However, in an effort to refresh its image, the jewelry brand has installed just that in its London Convent Garden store.Shoppers can use the vending machines to purch...
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