The Health & Beauty industry is worth $511b USD in 2021 with no signs of slowing down in the future. In this special edition of the Future Retail Newsletter, we highlight key themes found in our research as relevant conversations happening in the health and beauty space.
Walmart is using AR to connect consumers with brands this holiday season, Ted Baker is showcasing their AW21 fashion line on Animal Crossing: New Horizons, and Selfridges unveils their latest Christmas window display.
PayPal is backing out of their rumored Pinterest acquisition, Porsche is launching a nationwide immersive art experience, and major retailers are beginning to refine their floor space.
Snap Inc is partnering with Shake Shack to bring AR to their restaurants, Instacart is investing in physical retail with their latest smart cart acquisition, and Chanel returns to Incheon airport terminals after a 6-year absence.
Netflix has created a Squid Game pop-up experience based on their latest hit show, maximalist store designs are trending in retail spaces, and Parisian fashion tech startups are luring in luxury retailers in the most innovative ways.
Retail giant Gap is investing heavily in the latest retail tech, Dubai Airports are creating more mobile ordering options for travelers, and Rihanna’s Savage x Fenty DTC brand is turning to physical retail for growth.
Luxury retailers are dipping their toes into the restaurant industry, Aldi’s is experimenting with checkout-free stores, and major retailers are discontinuing layaway plans and are opting for “buy now, pay later” apps.
Outform creates a beautiful retail experience for Bucherer in the big apple, innovative retail technology is taking the beauty industry by storm, and digitally native brands Warby Parker and Allbirds are focusing on physical retail locations.
Product sampling is back thanks to new in-store technology, retailers are shifting gears due to Vietnam COVID closures, and Salvatore Ferragamo opens a new pop-up shop in Asia’s newest retail hotspot.
Outform launches PodDrop: a product that will revolutionize the future of in-store sampling, Bucherer has created a new flagship experience store in New York, and dollar store chains are having a US retail renaissance.