What’s New – Contactless payment adoption, US WeChat ban, beauty trends during Covid-19

A round-up of everything you might have missed in relevant fashion, retail and tech industry news over the past week.

TOP STORIES

• Relationship goals: luxury retail and technology make a perfect combo for customer (Forbes)
• Retailers on the store of the future: Uncertainty is the biggest challenge (Glossy)
• Will COVID-19 change fashion shows forever? (BoF)

SUSTAINABILITY & PURPOSE

• How the pandemic is hurting progressive manufacturing (Vogue Business)
• The future of fashion is in biomaterials and circularity (Sustainable Brands)
• Ecommerce is saving fashion but destroying the planet (BoF)
• Covid-19 chaos or not, consumers want brands to have purpose (Sourcing Journal)

RETAIL & COMMERCE

• How convenience store chains like Circle K and 7-eleven are morphing in the COVID-19 era (Fast Company)
• High-end fashion is finally joining the shift to digital (Digiday)
• Covid-19 boosts contactless payment adoption (Retail Dive)
• Virtual try-on is catching on among fashion consumers (Glossy)
• The beauty trends customers are buying during Covid-19 (Vogue Business)
• Animal Crossing creates live shopping experience with Klarna (WWD)

MARKETING & SOCIAL MEDIA

• Spin Live launches shoppable video service in Shopify’s app store (Retail Dive)
• Pinterest expands its skin tone search feature (TheIndustry.Fashion)
• What does a US ban on Wechat mean for fashion? (BoF)
• What fashion and beauty needs to know about Reels (Vogue Business)

PRODUCT

• Steph Curry is getting its own brand at Under Armour (Footwear News)
• Edit+ mixes athleisure, sustainability (WWD)
• Ganni launching rental denim collaboration with Levi’s (Fashion United)

BUSINESS

• Farfetch sales soared as online shopping took off during lockdowns (BoF)
• Zalando see strong demand for logistics, fewer returns (Reuters)
• Casper expands physical presence through tie-up with Sam’s Club (Retail Dive)
• Luxury clobbered by Covid-19 (BoF)
• John Lewis launches first ever virtual beauty tech department (TheIndustry.Fashion)

CULTURE

• 3 key trends of China’s young luxury consumers (Vogue Business)
• Why China will become the driving force of luxury (Jing Daily)
• The future of the modelling industry (BoF)

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