(PDF) Earning Report : How The Slowdown in Luxury Spending is Affecting LVMH's Earnings
[Investing]
2023/10/19 09:08
Shares of luxury behemoth LVMH fell to their lowest level of the year on Wednesday after financial results disappointed.The company said revenue growth was normalizing following a Covid pandemic boom and flagged a “uncertain economic and geopolitical environment.”Analysts say the huge U.S. and Chinese markets are concerns for investors in luxury.Shares of LVMH dropped to their lowest level of...
Adobe Creates World's First Interactive, Animated Dress Fabric
[Design]
2023/10/19 09:07
Forget the Blue/Black White/Gold dress… Adobe’s new dress can be anything you want it to be!While Adobe’s been known primarily for its cutting-edge creatively aligned software suites, the company surprised attendees at the 2023 Adobe MAX conference with a taste of something it was working on in secret. A presenter walked on stage in a seemingly normal dress, only to shock viewers as the dres...
(Infographic) Selling on Walmart vs. Amazon: A Guide for Beauty Sellers
[Business]
2023/10/19 09:06
The beauty industry is booming, and Amazon and Walmart are two of the biggest online retailers for beauty products. Both platforms offer a variety of benefits and drawbacks for beauty sellers, so it’s important to weigh your options carefully before deciding where to sell your products.Walmart is a traditional brick-and-mortar retailer that has expanded its online presence in recent years. The...
Logitech Unveils Zone Wireless 2 AI-Powered Headset
[Product]
2023/10/19 09:05
Logitech introduces the Zone Wireless 2, a follow-up to its original Zone Wireless headset. This new release is geared towards the corporate environment and boasts enhancements designed to elevate the clarity of your professional communications.Among its noteworthy features is AI far-end noise suppression, christened as ‘Logi Tune’, which employs an AI-based algorithm to identify and quash no...
Lululemon Revamps ‘Wellbeing for All’ Campaign to Ride China’s Wellness Boom
[Business]
2023/10/19 09:04
The third iteration of Lululemon's annual initiative encompasses a series of panel discussions, an art walk in Shanghai, and workout classes.Lululemon rolled out the third iteration of its annual “Wellbeing for All” initiative on World Mental Health Day, which fell on Tuesday this week. The campaign encourages individuals to explore wellbeing in terms of the body, mind, and social connections...
Nextmug Self-Heating Coffee Mug Promises Long-Lasting Battery and Smart Sensors
[Product]
2023/10/19 09:03
Many people say that Nextmug is an Ember Mug alternative. It works similar to Ember Mug, it keeps your coffee at perfect temperature wherever you are. The smart mug technology promises long-lasting battery and sensors to maintain your ideal temperature, you can select warm (130°), hot (140°), or piping (150°) and enjoy your beverage at selected temperature for hours.The patented design of Ne...
(PDF) BCG - True Luxury Global Consumer Insight 2023
[Business]
2023/10/18 09:10
The study has been designed to provide a uniquely comprehensive understanding of True-Luxury consumers:• All luxury categories captured: from personal (clothing, accessories, jewelry, watches, perfumes and cosmetics, …) to experiential luxury (hotels, restaurants, wine and spirits, …)• Size and relevance of the sample: covers more than 12,000 respondents with an average spend on luxury good...
Decoding 2023’s Web3 Retail Trends Post-NFT Rush
[Business]
2023/10/18 09:09
With NFT and metaverse hype having dissipated at the end of 2022, this year, brands are looking outside of the box to harness Web3 tech. Last year, luxury wanted a slice of the non-fungible token (NFT) and metaverse pies, with umpteen fashion brands hastily diving into the digital space. Fast-forward to 2023 and Web3 has undergone a seismic shift as a result of this gold rush going bust. Crashe...
(Infographic) 100 Years of Disney
[Business]
2023/10/18 09:08
On October 16, 1923, the brothers Walt and Roy Disney founded "The Disney Brothers Cartoon Studios". What no one could have known at the time: The small film studio was to become one of the largest media empires in the world within the next hundred years.As the timeline shows, the company continued to develop constantly and expanded its repertoire step by step. While in the early days Disney co...
Octopus Tentacle-like Patch Delivers Drugs Through Your Cheek
[Tech]
2023/10/18 09:07
It sounds weird, but it could one day replace needles for delivering insulin or weight-loss drugs.Aneedle-free drug delivery system — inspired by peppercorns and octopus tentacles — could one day replace injections for administering drugs that can’t be taken orally. It sounds bizarre, but hear them out.The challenge: Most drugs need to get into your bloodstream to work, and that can be a cha...
Pat McGrath Labs Works With Google to Let New Yorkers Try on Makeup in AR
[Business]
2023/10/18 09:06
Visitors will be able to use Google’s AR technology to virtually try on Pat McGrath Labs’ lip products and Mothership eyeshadow palettes.Learn the ins, outs, dos and don’ts of creator marketing at Social Media Week Europe this 10–11 October in London. Register for your in-person or virtual pass.Makeup brand Pat McGrath Labs and Shop with Google will host an AR pop-up experience in New York...
Teens Spend Average of 4.8 Hours on Social Media Per Day
[Consumer]
2023/10/18 09:05
51% of U.S. teenagers spend at least four hours daily on social media. Older teens, girls exceed the overall average in social media time. Personality traits, parental restrictions are key factors in teens’ use.Just over half of U.S. teenagers (51%) report spending at least four hours per day using a variety of social media apps such as YouTube, TikTok, Instagram, Facebook and X (formerly Twit...