TREND REPORTS
Luxury Retail At Risk of A Downturn In 2024
[Investing]
2023/10/24 09:08
Following years of record growth, the luxury industry might very soon face a slowdown, according to RBC Capital Markets. Signs of headwinds are already visible, with LVMH’s stock price falling -7% following its quarterly results, its biggest drop since early 2020. Analysts have also started to lower their estimates, expecting a market correction that will bring slower growth over the next quar...
(Video) Over 500 Investors Back Inventor’s Dementia-Fighting SmartSocks
[Investing]
2023/10/24 09:07
Over 500 investors have pledged to back an inventor’s SmartSocks – a technology that could transform care for people with dementia and non-verbal autism.Dr Zeke Steer quit his job, took up a robotics PhD and began volunteering in a care home to help people like his great-grandmother, who became anxious and aggressive because of dementia.The result are his SmartSocks, which track heart rate, s...
(Infographic) 50 Years of Music Industry Revenues, by Format
[Business]
2023/10/24 09:06
In the ever-changing world of music, 2022 marked yet another milestone. For the seventh year in a row, recorded music revenues in the United States rose, hitting a record high of $15.9 billion.The graphic above uses data from the Recording Industry Association of America to chart the music industry’s evolution over the last 50 years.The Analog Era: Vinyl to Cassettes to CDsFrom the 1970s to th...
Manolo Blahnik’s New Virtual Reality Pod Hits London
[Business]
2023/10/24 09:05
Manolo Blahnik is deepening its 50-year brand narrative through the deployment of virtual reality. The footwear aficionado has unveiled a new immersive experience in London, tapping VR newcomer (but one-to-watch) Xydrobe to power its activation.South Korean automobile maker Renault Korea Motors is also putting its own spin on token-gated projects. Teaming up with renowned 3D artist and art dire...
Suzuki MOQBA e-Bike Quadruped Robot Can Walk and Climb Stairs with Ease
[Design]
2023/10/24 09:04
Step aside smart electric bikes, as Suzuki has its eyes set on the future of mobility with an e-scooter/bike that can climb stairs. Yes, you read it right. The MOQBA is not another concept design rendered by a budding digital artist who wants to catch the eye of big automotive manufacturers with a functional design. Rather, it is a proposed next-generation mobility ride for those who face diffi...
Which Brands are Winning on Chinese Social Media, And Why
[Business]
2023/10/24 09:03
ReHub’s Compass China Luxury Index ranks luxury brand performance based on user engagement, posts, and mentions across platforms including Xiaohongshu, Weibo, WeChat, and Douyin. What Happened: Dior emerged as the clear winner across Chinese social media in the third quarter of 2023, according to Shanghai-based data solutions agency Re-Hub, which shared its 2023 Q3 Compass China Luxury Index i...
(Patent) Microsoft’s New Innovation : A Device Cooling Mechanism
[Tech]
2023/10/23 09:10
Microsoft has recently filed a patent application that could revolutionize the way devices are cooled. The patent, titled “Device Cooling”, was filed on April 6, 2022 and got published recently.The patent describes a unique method for cooling devices, specifically focusing on air cooling. The innovation lies in a temperature-based gas separation assembly that is designed to receive ambient ai...
(PDF) BCG - Rewriting the Rules of Software-Defined Vehicles
[Business]
2023/10/23 09:09
Cars today are fast becoming tech products. The emergence of software-defined vehicles (SDVs) will create over $650 billion in value for the auto industry by 2030. With boundaries between the automotive and tech industries blurring, we offer key insights to help players navigate the transition.As the complexity of SDVs increases, auto and tech companies must partner to promote innovation and un...
Red Dot Award : Design Concept for The Year 2023 - The Foldwave
[Design]
2023/10/23 09:08
You’ve got portable grills, induction cookers, and portable stoves, but there’s no portable version of the microwave. Most microwaves today are heavy, bulky, and aren’t designed to be carried around… but what if they were?Designer Park Saun created the Foldwave concept to show what a portable microwave could look like. With a collapsible design that turns into a portable carry case when not...
Bain - How Do Consumers Feel Heading into the Holidays ?
[Consumer]
2023/10/23 09:07
While shoppers are feeling cautious about spending, there is no average consumer. Winning retailers will unwrap the differences.[bain]
MIT Scientists have Discover “Quasicrystals” That Exhibit Superconductivity and More
[Tech]
2023/10/23 09:06
Flexible platform could produce enigmatic materials, lead to new studies of exotic phenomena.In research that could jump-start interest into an enigmatic class of materials known as quasicrystals, MIT scientists and colleagues have discovered a relatively simple, flexible way to create new atomically thin versions that can be tuned for important phenomena. In work reported in a recent issue of...
Social Commerce Sales are Rising Faster Than The Number of Social Buyers
[Business]
2023/10/23 09:05
US annual social commerce sales per buyer will nearly double from $627.8 in 2023 to $1,223.7 in 2027, according to our forecast.Beyond the chart:Sales growth is being driven by a rise in dollars spent per buyer, rather than by new buyers, according to our Social Commerce Forecast 2023 report.Most people aren’t browsing social media with the intent to buy, which means Meta and TikTok need to tu...
