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How Ultra Luxury Is Conquering China

As the economy slows down, Gen Zers are cutting their luxury spend — meaning brands must look to alternative consumer bases such as the more mature UHNWIs. Douyin blogger Mei Ji is 28 and lives in the region of Anhui. She shares her luxurious life daily, whether it’s having an afternoon at the Bulgari Hotel or spending her days at high-end shopping malls. Usually Gen Z shoppers like Ji are co...

Netflix vs Disney : Who’s Winning the Streaming War ?

Netflix is well-known as one of the pioneers of mass-market video streaming. The service has become so ubiquitous that the word “Netflix” is now synonymous with watching a movie or television show.But, while it’s one of the most recognized streaming platforms in the world, has it been able to maintain its dominant position in the industry now that more competitors have entered the fray?This...

Citroën Oli - The Inexpensive Family Car That Can Also Power Your Home

Some people think “Citroën” is how you say “weird” in French, and the new Citroën oli does nothing to dispel that idea. This is a company that has always charted its own course. It was one of the first to manufacture front-wheel drive cars like the 11CV sedan that became the vehicles of choice for a gang of criminals in Paris after World War II because its superior handling allowed them t...

CALB's Debut Was Lukewarm, But China Has Buckets of EV Funding

Almost $183 billion has gone into the nation’s electric vehicle supply chain this year.Life as a newly minted public company didn’t get off to the roaring start that CALB, China’s third-largest electric vehicle battery maker, might have hoped for, particularly after rivals LG Energy Solution and CATL soared 68% and 44%, respectively, on their day one debuts.CALB listed in Hong Kong late last...

The Entropy Vest : A Gel-Filled Vest Can Instantly Heat You Up on Command

The Entropy Vest comes from the creators behind the award-winning Petit Pli, a children’s garment that was designed to grow with its little wearer. The vest, however, tackles a rather different problem. Designed for adults, the Entropy Vest is meant to be worn under clothing and comes with a special heat-storing chemical gel that can release heat on command, helping insulate its wearer from ex...

(PDF) WIPO - Global Innovation Index 2022 : The World's Most Innovative Countries

The World Intellectual Property Organization (WIPO) has released its 2022 Global Innovation Index. It evaluated innovation levels across 132 economies focusing on a long list of criteria such as human capital, institutions, technology and creative output as well as market and business sophistication, among others. The 2022 index has found that innovation is still blossoming in some sectors desp...

The World’s Whitest White Paint is Coming for Cars, Planes, and Spacecraft

It can lower vehicle surface temperature by up to 42°F, reducing AC consumption and saving on fuel, too.In 2020, a team of scientists at Purdue University developed the world’s whitest white — a paint color so white it could reflect 98.1% of the sunlight that hits it. That paint formula was designed for hard surfaces like rooftops and pavement, to lower the surface temperature and help comba...

45 of The Best VC Bets Of All Time And What We Can Learn From Them

These venture bets on startups that "returned the fund," making firms and careers, were the result of research, strong convictions, and patient follow-through. Here are the stories behind the biggest VC home runs of all time.[click to enlarge]In venture capital, returns follow the Pareto principle — 80% of the wins come from 20% of the deals.Great venture capitalists invest knowing they’re go...

Decoding China’s Trending ‘Noble Lady’ Skincare Category

Prestige skincare was once reserved for a more mature audience, but now younger consumers are investing thousands of dollars in face creams and more. Unlike the standard three-step routine of cleanse, tone, and hydrate, the average Chinese consumer has up to nine steps in their daily skincare ritual. The aspiration to be “bai fu mei” (white, rich, and beautiful) has spurred the rise of the “...

 

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