TREND REPORTS
Tourist Numbers Down 83% But Confidence Slowly Rising
[Business]
2021/06/24 09:08
International tourist arrivals were down 83% in the first quarter of 2021 as widespread travel restrictions remained in place. However, the UNWTO Confidence Index shows signs of a slow uptick in confidence.Between January and March 2021 destinations around the world welcomed 180 million fewer international arrivals compared to the first quarter of last year. Asia and the Pacific continued to su...
(M&A) Unilever to Acquire DTC Skincare Brand Paula's Choice
[Investing]
2021/06/24 09:07
Unilever today announced it has signed an agreement to acquire leading digital-led skin care brand Paula’s Choice from TA Associates. Paula’s Choice is a pioneer of science-backed products and direct to consumer (DTC) e-commerce.Unilever noted that Paula's Choice, a DTC skincare brand founded in 1995, creates content and digital tools to provide easy-to-understand information on the science b...
(PDF) Mckinsey - An Inflection Point for Biosimilars
[Business]
2021/06/24 09:06
With rising US adoption, biosimilars are gathering even more momentum. Successful companies will innovate their commercial models, rethink their portfolio management, and accelerate their R&D.Biosimilars continue to post monumental growth. Estimates suggest that global sales topped $15 billion in 2020, representing a compound annual growth rate of 56 percent since 2015 (Exhibit 1). The futu...
OPUS SoundBed Emotional Fitness Platform by Yves Behar
[Design]
2021/06/24 09:05
Partnered up with FuseProject founder, Yves Behar, OPUS just launched an emotion fitness platform that combines self-care practices with modern technology to empower you: SoundBed. It features patent-pending design that combines targeted and full-body vibration with spatial sound in order to create a more personalized experience through immersive SoundHealing technology. The sleek, modular devi...
Skybridge-Linked Toronto Towers will Create a Community in the Sky
[Design]
2021/06/24 09:04
Orca Toronto will consist of eight residential towers and an office tower. A series of skybridges will connect the residential towers.Skybridges aren't a new idea by any means, but rarely are they used as ambitiously as for the massive Orca Toronto project from Safdie Architects. The firm envisions a collection of nine new towers, most of which will be connected by skybridges to allow people to...
(Infographic) Mckinsey - Sweating for The Fitness Consumer
[Consumer]
2021/06/24 09:03
Fitness customers’ habits have evolved during the COVID-19 pandemic, offering fitness-industry providers the opportunity to reexamine their value propositions and target specific segments.Fitness is a “Yes, and” industry. While other goods and services compete intensely for a finite number of consumer purchases, fitness consumers continue to use a widening array of services, tools, and solut...
Night Golf Is Taking Over South Korea
[Business]
2021/06/24 00:10
South Korea is the third-largest market for golf in the world, behind only the United States and Japan. “White night” golf is a nocturnal sports phenomenon that reflects the still surging popularity of the sport and the lengths some will go in order to nab a tee time.City lights shimmer in the distance. Shadows splay in every direction on glowing green grass. It’s close to midnight, the moon...
(Infographic) How Media Consumption Evolved Throughout COVID-19
[Consumer]
2021/06/24 00:09
Media consumption spiked in the early days of the COVID-19 outbreak as Americans actively sought information and entertainment while at home. Whether this changed over the course of 2020 remains unclear, however.To dive deeper into the issue, this infographic from the Knight Foundation explores each generation’s shifts in media consumption habits as the pandemic wore on.Further below, we’ll a...
Tractable Raises $60M at a $1B Valuation to Make Damage Appraisals Using AI
[Investing]
2021/06/24 00:08
Tractable, which works with automotive insurance companies to let users take and submit photos of damaged cars that are then “read” to make appraisals, has raised $60 million, a Series D that values Tractable at $1 billion, the company said.As the insurance industry adjusts to life in the 21st century (heh), an AI startup that has built computer vision tools to enable remote damage appraisals...
