The Long View | Chris Anderson Says the ‘Maker’ Movement is the Next Industrial Revolution

Chris Anderson | Photo: Joi Ito

SAN FRANCISCO, United States — Since the birth of the personal computer and the Web, people have used relatively simple and accessible new technologies to create, connect and collaborate in ways that were previously unimaginable. For one thing, simple blogging tools and social media platforms have fundamentally democratised mass media, ending the monopoly once enjoyed by large publishers and broadcasters. Now, easy-to-use digital

…Continue Reading

The Long View | As Luxury Growth Slows in China, Attention Turns to Mass Contemporary

Veronica Chou | Photo: Courtesy Iconix China

HONG KONG, China — According to a closely watched report recently published by Bain & Company, a consultancy, and Italian luxury goods trade organization Altagamma, luxury sales growth in China has started to slow. Consumer spending on luxury apparel, accessories and other personal items is expected to climb by a relatively modest 8 percent in 2012, compared with 30 percent last year, leaving many wondering where future growth

…Continue Reading

The Long View | How Realtime Data is Reshaping the Fashion Business

Julia Fowler and Geoff Watts | Source: Editd

LONDON, United Kingdom — Clearance sales point to a perennial problem in the fashion industry: the misalignment of supply and demand. Using traditional market research, brands and retailers are unable to predict with high accuracy what products consumers will actually purchase during any given season. As a result, merchandise that doesn’t sell is marked down, while demand for popular items goes unmet, leading to significant loss of

…Continue Reading