TREND REPORTS
(PDF) BoF - How Brands Sell Luxury to The 1%
[Business]
2024/02/02 09:08
The ultra-wealthy are spending more on luxury than ever before — and, amid a broader market slowdown, winning them over is becoming a competitive battleground for brands. BoF breaks down how strategies from Gucci, Mytheresa and Tiffany & Co. are successfully building closer relationships with top clients.The top 2 percent of luxury customers drive 40 percent of luxury sales, according to B...
(Video) ETH Zurich : Avocado Robot Swings from Trees to Gather Canopy Data
[Tech]
2024/02/02 09:07
Swiss researchers are working on an environmental monitoring robot named Avocado that's been inspired by abseiling spiders. The fruit-shaped bot uses a winch and rotors to lower itself through the canopy and gather data on life in the treetops.The prototype from ETH Zurich's Environmental Robotics lab features a winch housed within the upper section of its 3D-printed frame and two ducted three-...
Humanoid Robot Startup Figure AI Seeks $500M Raise Led by Microsoft and OpenAI
[Investing]
2024/02/02 09:06
Figure AI Inc., a startup developing humanlike robots, is in talks to raise as much as $500 million in a funding round led by Microsoft Corp. and OpenAI, according to a person with knowledge of the matter.The startup is seeking additional investors for the deal, said the person, who asked not to be identified because the conversations are private. In one scenario being discussed, Microsoft woul...
Online Fine Art Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)
[Business]
2024/02/02 09:05
The Online Fine Art market is valued at USD 10.85 billion in the previous year and is expected to grow at a CAGR of 8.55%, reaching USD 17.48 billion by the next five years.Key HighlightsThe growing adoption of smart devices and internet penetration has impacted many industries, including the art market. With more individuals shopping online, the art market has seen increased sales through onli...
Why Gen Z Is Rejecting the Modern Workplace
[Consumer]
2024/02/02 09:04
For this generation the keys are flexibility, creativity, and independence.A 2021 statistical survey by Statista ranked Gen Z as the most entrepreneurial generation, a discovery that has led them to be called the Hustle Generation. Born between the mid-1990s and the early 2010s, Gen Z is stepping into adulthood with a mindset that sets them apart from their predecessors. This generation is gene...
K11 Musea’s Phygital Playground, Plus More Web3 Drops
[Business]
2024/02/02 09:03
The roundup and the verdict on the latest Web3, AI, and digital fashion drops.This week in Web3 news, Hong Kong’s buzzy retail-meets-art concept space K11 Musea and Spin.Fashion will up a new phygital portal to the public. In collaboration with Peter Yee, the unsung maestro behind Oakley’s hyper-futuristic silhouettes, the store will introduce shoppers to the burgeoning world of phygital desi...
CB Insights - State of Digital Health 2023 Report
[Investing]
2024/02/01 13:08
In 2023, digital health funding and deals continue to plummet from pandemic highs. Digital health has been hit hard by the ongoing venture downturn. In 2023, it suffered greater drops in funding and deals than venture at large.Based on our deep dive below, here is the TLDR on the state of digital health:Global digital health funding halved for the second straight year in 2023, while deals dropp...
(PDF) Bain - Generative AI in M&A : Where Hope Meets Hype
[Investing]
2024/02/01 09:10
Generative AI use for M&A deal processes is low at 16% today, but it is expected to reach 80% over the next three years.Early adopters are using generative AI primarily to identify targets or conduct document review, and they are seeing benefits.85% of current users indicated that generative AI met or exceeded their expectations.The biggest challenge for practitioners will be determining ho...
Why Co-Creation is The Future of Digital Fashion
[Business]
2024/02/01 09:09
In this Jing Meta op-ed, David Giordano, Head of Global Business Development at Brand New Vision, outlines how co-creation is driving fashion forward by putting consumers in the front seat.A transformative journey that began in the exclusive ateliers of haute couture has now expanded into the boundless potential of digital and virtual garment design, marking a significant shift in the fashion l...
