Sunday, April 30, 2017|
Intelligence, analysis, and opinion on the world of modern luxury business
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“Don’t underestimate Walmart and other ‘corporate beasts’ like it.” | Dumbo Feather
People

Tyler Brûlé’s retail projections: Bullish on Walmart, bearish on Farfetch.

On the back of Walmart’s aggressive e-commerce acquisition spree, and Farfetch’s newfangled Store of the Future concept, we spoke with the Monocle man about why US and European retail is failing, how it can be fixed, and why the Japanese still to get it right. (1,267 words)

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The Brits are coming (for US retail vacancies) | Bloomberg
Business

Airbnb of pop-ups: London’s Appear Here expands to the US, continues its big international push.

Pop-ups are far less of a novelty play today, and Appear Here is a big reason why. We spoke to CEO Ross Bailey who talked about the opportunity in the US market, the promise of LA and New York, and the mechanics of launching Appear Here in new cities. (1,392 words)

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Not Marc Lore | Bonobos
Business

The Bonobos-Walmart saga: Marc Lore is quickly proving to be Walmart’s man of 2017.

There’s been plenty of analysis on the pending deal since last week. Yet one thing is becoming abundantly clear in this narrative: In former Jet.com CEO Marc Lore, Walmart has a snarling e-commerce pitbull. (562 words)

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There are better options online, and legacies are nervous | McKinsey & Company
Affairs

Meet the new luxury shopper (according to McKinsey).

McKinsey’s key finding, summed up in a single idea: It’s a consumer centric market now, and with so much choice, shoppers are far less loyal than they used to be. (411 words)

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Black tie swank | Getty Images
People

TLDR – A decade into BoF, chief Imran Amed is all the rage.

GQ published a killer profile on the fashion world’s new media darling, the “bird-like” Imran Ahmed. We’ve broken it down to bring you the key TLDR highlights. Remix! (933 words)

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Floyd's modular table legs: Cost-effective modern luxury | Curbed
Business

Floyd locked up a $875K seed round last year (but didn’t tell anyone). Here’s what you need to know.

In something of a delayed fundraising announcement, we spoke to co-founder Alex O’Dell, who filled us in on the furniture brand’s unpublicized $875K seed round from May 2016 led by LZB Investments and Airbnb’s Joe Gebbia. (886 words)

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Glam meets tech | Farfetch
Business

Farfetch’s Store of the Future: A strategic hedge against the e-commerce plateau.

Farfetch’s Store of the Future concept set off a bevy of mentions, analyses, and reactions. We’ve poured through the Business of Fashion, Quartz, and the New York Times to put the idea into context. (1,156 words)

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Blazers, arriving hot, fresh (and personalized) every 90 minutes | Ministry of Supply
Business

Ministry of Supply is now printing custom blazers in 90 minutes.

Ministry of Supply has installed a new 3D printer in its Boston showroom. Shoppers will now be able to get a custom blazer knitted that same day, but at a price of $200K for the machine, is the investment worthwhile? (611 words)

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"We need air traffic control for the home," says Marcela | US Department of Labor
Subscriber Comment

Marcela Sapone: “How to leapfrog the smart home trend, and make something consumers actually want.”

Alfred’s CEO argues that the home of the future isn’t some bleeding edge futurist vision. Rather, it’s simply a home — full stop — humming with (silent) new efficiency. And it should be as frictionless as calling an Uber. (838 words)

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Sleek, connected, modern | Raden
Business

Case in point: The $44B opportunity for today’s emerging luggage upstarts.

Raden. Away. Horizn Studios. Arlo Skye. The luggage market is a $44B opportunity––and all four of these new players are hoping to grab a sizable chunk of it. (555 words)

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The Pres, Alison Loehnis | Evening Standard
Business

Key fact: 9 percent of Londoners shop on Net-a-Porter.

The key highlights in the Evening Standard’s behind the scenes sit down with NAP president Alison Loehnis. Inside: efficiency, peak shopping times, and how feedback from its best customers have helped it settle on two new services launching later this year.

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Bright lights of Basel | Hodinkee
Affairs

The real problems with the Swiss watch industry, as explained by the Economist.

On the back of the Baselworld watch expo late last month, here’s a quick rundown of the problems plaguing the watch sector — and what it’s doing to fix things — just to make the narrative a little more clearer for you. (400 words)

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Harry's co-founder Andy Katz-Mayfield, left, is resolute; Jeff Raider; right. | Inc.
Business

Razor fight: The metrics that explain why Gillette tried (unsuccessfully) to take down Harry’s and Bevel.

Gillette is bleeding market share, and Harry’s, Bevel, and Dollar Shave Club have only made things worse. The shaving giant’s engaged in two campaigns against Bevel and Harry’s — but both attempts have backfired. (759 words)

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M.O.’s (very swanky) London showroom | Fast Company
Business

Moda Operandi: $130 million in total VC funding (but still not profitable).

BoF dropped (yet) another 1,800 word opus last week on a certified BoF darling, Moda Operandi. We’ve distilled it down to the best bits to get you the quick and tidy update on the brand that you’re looking for. (596 words.)

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Bezos: A big reason why Nordstrom, Bloomingdale’s, and Macy’s are on the downswing. | David Ryder / Getty Images
Affairs

Inverse relationship: As Amazon Fashion trends up, department stores trend down.

Breaking down Racked’s lengthy report on Amazon’s bold luxury ambitions, whose upward trajectory worryingly coincides with Nordstrom, Bloomingdale’s, and Macy’s big slump. (1,100 words)

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