ORDRE Weekly

In this week's digest: new sustainability summit in Costa Rica; will AI kill creativity?; speciality retailers up their omnichannel game; LVMH Prize finalists announced and more

  • FARFETCH UNVEILS TIE-UP WITH HARVEY NICHOLS BEFORE '£4BN IPO'
  • MEXICO IS FULL OF AMERICA’S SMUGGLED USED CLOTHES
  • CARMEN BUSQUETS TO CO-HOST SUSTAINABILITY SUMMIT IN COSTA RICA
  • SPECIALTY RETAILERS ARE UPPING THEIR OMNICHANNEL GAME
  • CHINA’S SOCIAL AND E-COMMERCE SITES ARE CONVERGING
  • LVMH ANNOUNCES NINE FINALISTS FOR 2018 PRIZE
  • ZARA TO LAUNCH AN AUGMENTED REALITY APP IN ITS STORES


SUSTAINABILITY IS NOT ABOUT DESIGNING LESS, BUT DESIGNING BETTER

Wallpaper*

"Good design, we all agree, should be sustainable. But how exactly are designers creating products, environments and services that are ecologically sound while economically viable? And how, in an industry often characterised by the embrace of the new, do we eliminate waste?"

 

‘WE HAVE THE GREATEST OPPORTUNITY TO REPLACE CONVENTIONAL, UNSUSTAINABLE SYSTEMS WITH INNOVATIVE AND SUSTAINABLE ONES’

Raconteur

"Across fashion’s complex and global supply chains there is a depletion of resources, from the raw materials we use, to our manufacturing processes that are dependent on vast amounts of water and energy" 


 

FARFETCH UNVEILS TIE-UP WITH HARVEY NICHOLS BEFORE '£4BN IPO'

The Guardian

"Farfetch is one of a small number of homegrown unicorn tech companies that are valued north of $1bn. With sales growing at more than 50% a year, Farfetch has become a magnet for wealthy millennials happy to splurge £500 in an online shopping spree. At the weekend the Financial Times reported that Farfetch had engaged bankers from JPMorgan and Goldman Sachs to work on a US listing that would seek to value the company at more than £4bn." 


 

WILL AI KILL CREATIVITY?

Business Of Fashion

"Algorithms and human intuition can work together, say experts at SXSW." 


 

MEXICO IS FULL OF AMERICA’S SMUGGLED USED CLOTHES

Racked

"Inside the shadow economy that allows Mexicans to buy and sell cheap clothing." 


 

CARMEN BUSQUETS TO CO-HOST SUSTAINABILITY SUMMIT IN COSTA RICA

Business Of Fashion

"Gisele Bündchen and Nina Garcia are among speakers confirmed to attend the three day event organised by non-profit organisation Omina, in partnership with Livia Firth's Eco-Age."

 


SPECIALTY RETAILERS ARE UPPING THEIR OMNICHANNEL GAME

Retail Dive

"While 71% of retail brands use geolocation within their store locators, only 60% of those brands close the commerce loop by supporting the infrastructure for in-store pickup."


 

CHINA’S SOCIAL AND E-COMMERCE SITES ARE CONVERGING

Jing Daily

"Whether it’s traditional media opening their own online stores, or e-commerce sitesadding more editorial content, both sides are coming closer together. And it’s a phenomenon that even more advanced in China."

 


LVMH ANNOUNCES NINE FINALISTS FOR 2018 PRIZE

Business Of Fashion

"A-Cold-Wall, Charles Jeffrey Loverboy and Eckhaus Latta are among the finalists for the fifth annual LVMH Prize, the winner of which will receive €300,000 and a year-long mentorship."


 

ZARA TO LAUNCH AN AUGMENTED REALITY APP IN ITS STORES

The Standard

"The two-week initiative will allow customers who have downloaded the ZARA AR app to hold up their phone to certain store windows or a sensor within the store and see models come to life on their screens – walking and even talking - wearing selected items from the Zara range, which they can then click through and buy."