Jan
 19
 2018



Christopher

Happy Friday, ,

Key topics in this final edition of The Spin for the week include brands and businesses stressing sustainability, retailers shopping for new real estate and the latest fashion creation that probably already has as many fans as it does foes. Enjoy the read – and your weekend! TGIF, Christopher



brands

Getting specific. A total of 64 fashion companies including such giants as Kering, Inditex, Adidas, Target and H&M have submitted (paywall) specific target goals to the Global Fashion Agenda to increase their circular and sustainable production by 2020. With the numbers in, they now will have to publish annual reports highlighting their progress in areas such as garment collection and recycling and using post-consumer fibers.


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Show biz. Giant trade show producer UBM Plc, which owns such events as MAGIC and Project in the United States among others, may soon have a new owner. Events organizer Informa Plc has offered to purchase the behemoth for £3.8 billion ($5.2 billion) thereby creating an events and exhibitions conglomerate that will be worth £8 billion. The deadline for a firm offer is February 13.





retail

Top 20. After reviewing 238 proposals, Amazon has narrowed down its list of places where it might build HQ2, its second headquarters in North America, to 20 spots. The company chose three areas near Washington D.C. and Toronto is the only Canadian city to be a finalist. The new headquarters is expected to cost $5 billion to create and operate and could generate as many as 50,000 new jobs. Amazon expects to announce its choice by the end of this year.





markets

Green theme. Sustainability was a key topic (video) at this week's Berlin Fashion Week, which concluded yesterday. Green-themed shows and events at the Kraftwerk building included brands showing sneakers made out of stone, clothing produced from recycled airbags and bags produced from pineapple fibers, amongst many other inventive and interesting eco-friendly items.



Grabbin' Manhattan... The combination of lower rents and more available space due to brick-and-mortar stores shuttering has made it a prime time to open a retail store in New York. This "renter's market" has increased and broadened the range of foreign retailers looking to set up shop there. Some landlords are even offering once unthinkable special perks to encourage stores to rent their empty spaces.



...and making it Chinatown. China's retail platform Tmall will take part in next month's New York Fashion Week by sponsoring four Chinese designers who will show on "Tmall China Day." The just announced (paywall) brands being showcased are affordable line Peacebird, athletic line Li-Ning, designer Chen Peng and the streetwear brand CLOT.





tech

Built for speed. A newly released study by digital-performance management firm Dynatrace measured the amount of time it took retail websites to load (press release) between Black Friday and January 3 in eight regions of the world. German and UK ones were the fastest and ready in under two seconds while Australia and China were at the bottom of the list at 2.88 seconds and 3.54 seconds respectively. A Dynatrace spokesperson noted that "the slightest delay in user experience can have a ripple effect on sales."





last

Boot buzz. The internet and social media is suddenly ablaze over the thigh-high Ugg boots shown on the runway of Wednesday's Y/Project fashion show in Paris. Much like standard Ugg styles, these new creations for women and men already seem to have generated two passionate style camps – people either love 'em or loathe 'em....







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