Apr
 25
 2019



Ulrike

Hello,

Welcome back to The Spin! US consumers are reluctant to embrace a cashless future, which is putting a damper on mobile payments. Meanwhile, US online giant Amazon now offers deliveries right into customers’ garages. And over in Germany, a new Berlin fair aims to merge fashion and art. Enjoy the read and feel free to share! Best, Ulrike



markets

Pulling the plug. Major US retailers including Walmart, Target and Kohl’s experiment with mobile payment options, but 45 percent of smartphone user show no interest in services like Apple Pay or Samsung Pay. Their reluctance to embrace the technology combined with a lack of transparency on how payment data is used, has some retailers wary about investing in required upgrades to payment terminals. J.C. Penney already terminated all contactless payments.



New position. A new three-day fashion event launches (paywall; translated by Google) in Berlin on April 26. Fashion Positions Berlin is the brainchild of Positions Berlin, which also organizes Paper Positions Berlin, that runs simultaneously. Fashion Positions will feature a pop-up store with the current collections of 16 designers including Agnes Nordenholz, Marcel Ostertag and Rike Feuerstein, as well as a Fashion Positions Academy, where seven alumni of German fashion design colleges will present their final collections.





tech

Garage sale. In addition to in-home and in-car deliveries, Amazon Prime now offers members in 50 American cities "direct-to-garage" delivery service. The Key For Garage kits use Amazon’s existing Key by Amazon system, which gives Amazon drivers access to customers’ homes and car trunks, and Wi-Fi garage-door openers from LiftMaster or Chamberlain.





retail

Under pressure. Sport Voswinkel, one of Germany's largest sporting goods retailers, filed (paywall; translated by Google) for insolvency protection proceedings under its own administration. Business operations are expected to continue without restrictions, with wages secured until the end of June. Sport Voswinkel is a subsidiary of Intersport Deutschland. The Dortmund-based company, which operates 74 stores, cites (in German) increased pressure from online and discount retailers as part of its troubles.





people

From HBC to Chico's. The fact that Shelley Broader has resigned from her position as president and CEO of womenswear retailer Chico’s FAS has sent the Fort Myers-based company’s stock back up. Until a successor is found, board member Bonnie Brooks, who functioned as vice chair, president and CEO of Hudson’s Bay Company from 2008 to 2012 (press release), will take on Broader’s responsibilities.



The collab coordinator. Fraser Cooke, who started his illustrious career in the 1980s as a hairdresser in London, is the man behind some of the most noted Nike collaborations. His path towards becoming Nike’s senior director of influencer marketing included stations as buyer, fashion distributor and innovative streetwear retailer. His store, The Hideout, soon became a hangout for London’s sneaker enthusiasts, and in 2003 Nike came calling…





brands

Cult comfort. Japanese cult label Suicoke, which has been around since 2006, has opened (paywall; translated by Google) its very first brick-and-mortar store in Tokyo’s Shibuya neighborhood. With a large fan base in the West, the label focuses on functional footwear for the outdoors, featuring Vibram outsoles and ergonomically molded footbeds. In addition to sandals and boots, the store/event space also offers socks, jewelry and cups. Starting in 2020, the label plans to add apparel and accessories.





last

Candid Camera. Much like the glossy look of the Victoria’s Secret angels, the aesthetic of perfect Instagram visuals no longer resonates with today’s young influencers. The new generation of social media savvies is opting for an authentic vibe with unfiltered images and grainy shots, more comprehensive captions and the candid sharing of personal information. For them, pink walls and avocado toast are just not cutting it any longer…







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