TREND REPORTS
How to Grow a $100 Million Brand: Diversifying Your Offering
[Business]
2024/08/07 09:05
Today’s brands are constrained by crises across direct-to-consumer and wholesale distribution and limited external funding pools. But it is still possible to scale a small label, even in today’s tough environment. BoF Insights is The Business of Fashion’s in-house consultancy. We partner with leading fashion and beauty brands and investors to help them sustainably grow for the long term. Get...
Antoine Arnault on luxury leadership, LVMH’s Olympic partnership
[Business]
2024/08/07 09:04
With the luxury giant’s partnership with Paris 2024 going beyond typical brand collaboration, what are the French conglomerate's ambitions?[Antoine Arnault, left, and Tony Estanguet unveiling the medals designed by Chaumet in the historical Chaumet atelier at Place Vendôme, Paris. Image: LVMH]As Paris hosts the Olympics for the first time in a century, the city is abuzz with excitement. Among...
BMW Motorrad x Vagabund Electric Bike has Integrated Umbrella and Speaker
[Design]
2024/08/07 09:04
BMW Motorrad Austria has joined forces with design studio VAGABUND to create a custom CE 02 eParkourer ride. The electric bike has a futuristic vibe and retro flair that’ll appeal to Gen-Z and millennials too.Unlike other electric scooters, this one-off ride gives a sneak peek of where the future of two-wheelers is headed. That’s because it has an integrated BT speaker, hidden umbrella and a...
BCG - The Six Types of Medical Aesthetics Consumers
[Consumer]
2024/08/06 09:10
The cost of living is rising in many developed markets, but there is one area where consumers are unlikely to scale back their spending: medical aesthetics. A recent BCG survey of 5,000 consumers in ten major global markets, including Brazil, China, and the US, found that 85% plan to spend the same amount or more on procedures over the coming year.Overall, the industry has demonstrated remarkab...
(Video) Meet Aescape, a Massage Bot Disrupting the Spa Industry
[Product]
2024/08/06 09:09
San Francisco-based design studio Whipsaw has unveiled its latest innovation, the Aescape—a robotic massage system that merges artificial intelligence with cutting-edge robotics to offer a personalized and efficient massage experience. This groundbreaking product is set to redefine the future of massage therapy, addressing both the demands of users and the constraints faced by the massage indu...
Fast Company’s 10 Most Innovative People of the Last 10 Years
[Business]
2024/08/06 09:08
From top left to right: Ryan Reynolds, Pat McGrath, Satya Nadella, Issa Rae, Ted Sarandos, Lina Khan, Lin-Manuel Miranda, Jennifer Doudna, José Andrés, Sara Nelson. Fast Company’s Innovation Festival returns to New York City this September 16-19. And while every Innovation Festival is a reason to celebrate, this year we’re going even bigger for our 10th anniversary.In honor of this mileston...
The Red-Hot Retail Real Estate Market, in 6 Charts
[Business]
2024/08/06 09:07
Rents are soaring worldwide, as stores open faster than developers can build new properties. Experts say the mismatch, which has roots dating back to the 2008 recession, is unlikely to resolve itself anytime soon.In the US, retail vacancy rates have slipped to a 10-year low and rents continue to rise globally.The rate for new construction of retail developments continues plummeted in the past d...
The AI Chip Boom Saved This Tiny Startup, Grog. Now Worth $2.8 Billion
[Investing]
2024/08/06 09:06
Armed with a newly raised $640 million, Groq thinks it can challenge one of the world’s most valuable companies with a purpose-built chip designed for AI from scratch.Jonathan Ross’s first inkling that something was wrong came back in February while he was speaking to a host of Norwegian Parliament members and tech execs in Oslo. Ross, the 42-year-old CEO of AI chip startup Groq, was in the m...
(Video) A Flapping Microrobot Inspired by The Wing Dynamics of Rhinoceros Beetles
[Tech]
2024/08/06 09:05
The wing dynamics of flying animal species have been the inspiration for numerous flying robotic systems. While birds and bats typically flap their wings using the force produced by their pectoral and wing muscles, the processes underlying the wing movements of many insects remain poorly understood.Researchers at Ecole Polytechnique Fédérale de Lausanne (EPFL, Switzerland) and Konkuk Universi...
Kids are More Likely Than Adults to Have Access to Most Common Consumer Devices
[Consumer]
2024/08/06 09:04
Adults worldwide have access to smartphones at a higher rate (98%) than children do (90%), per December 2023 data from Razorfish and GWI. But for laptops, gaming consoles, tablets, and smartwatches, children are more likely to have access to the devices than adults.Beyond the chart:65% of parents of Gen Alpha think tech positively impacts their child, according to data from Razorfish.86% of US...
Mono Kitchen Hood Brings a Minimalist But Functional Air Purifier
[Design]
2024/08/06 09:03
For those who spend a lot of time indoors in their homes or condo units, we are not always so conscious about the quality of the air that we breathe. We are now only becoming aware that air pollutants can be as harmful as outdoors, sometimes even more so. Cooking in the kitchen is also a major source of indoor pollutants so you need to have a good filtration system especially there.The Mono kit...
Why Warren Buffett’s Berkshire Dumped 55.8% Of Its Apple Stock
[Investing]
2024/08/05 09:10
Warren Buffett dumped 55.8% of Berkshire Hathaway’s holdings of Apple stock in the first six months of 2024, according to Reuters.Since the end of 2023 Berkshire has sold 505 million Apple shares — 115 million in the first quarter and another 390 million in the second quarter. As of June 30, that represents a 55.8% reduction in Berkshire’s Apple holdings since the beginning of the year, Reut...
