Innovators By Current Global

  • Autor: Vários
  • Narrador: Vários
  • Editor: Podcast
  • Duración: 38:50:07
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Sinopsis

Conversations with innovators in fashion, beauty and retail.

Episodios

  • How Havaianas is using collaborations to take over the world

    28/02/2019 Duración: 31min

    "Collaborations to me, are a love affair," says Eno Polo, US president of Alpagartas, the parent company of the world's most popular flip flop brand, Havaianas, on the latest episode of the Innovators podcast by the Current Global. Collaborations are at the core of both the brand's success and its wide reach, but in order to become successful, they need to remain authentic, he explains. "It has to be two-way. I think a lot of brands out there force collaborations, they pay for collaborations. But if you pay for going out with a girl, I don't call that a love affair. I'd rather it be a natural feeling – she likes me, I like her – and we go out together. That's what I call a true collaboration, and those are the ones I think are most successful." Havaianas shot onto the international stage when French designer Jean Paul Gaultier accessorized his models on the New York and Paris catwalks with the flip flops in 1999, instantly turning them into an object of desire. What followed was a series

  • Warby Parker on why technology is the lynchpin to customer service

    21/02/2019 Duración: 26min

    Technology can enable us to do great things, says Warby Parker co-founder and CEO, Neil Blumenthal, with regards to the brand's meteoric rise in the direct-to-consumer space, on the latest episode of the Innovators podcast by TheCurrent Global. Speaking to Liz Bacelar at this year's NRF Big Show in New York, Blumenthal explains how technology is critical to making customers' lives easier. Warby Parker sees itself sitting at the intersection of three communities – tech, fashion, and social enterprise, he notes. It's both a tech company and a retailer focused on creating products and services that tangibly impact consumers every day. Warby Parker is one of Silicon Valley's first so-called unicorns, a special group of startups that exceed expectations to pioneer within their own category by hitting over $1bn in valuation – including Airbnb, Uber and WeWork. The nine-year-old company has paved the way to creating a great retail experience that transverses seamlessly between online and offline, and as a result

  • Heist’s Olympic designer on product innovation

    14/02/2019 Duración: 33min

    You have to be bold and brave to do meaningful innovation, says Fiona Fairhurst, VP of innovation at underwear brand, Heist Studios, on the latest episode of the Innovators podcast by TheCurrent Global. "We're trying to make better products that make people's lives better," she explains. The first product under the newly-appointed designer's remit at Heist is shapewear that not only looks more aesthetically pleasing than existing alternatives in the market, but removes any stigma for women wearing it. Fairhurst's background is in sport, a world built around product innovation focused on the importance of performance. She rose to fame during the Sydney Olympic Games in 2000 where, while working at Speedo, she introduced a bodysuit using biomimetic sharkskin technology that went on to help 13 out of 15 swimming world records achieved during the competition. It was also eventually banned from the sport because it gave competitors an unfair advantage. Her background has enabled her to strike the bal

  • StockX on creating a streetwear platform inspired by the stock market

    08/02/2019 Duración: 31min

    "If you're dealing with finite supply, then you need to understand demand to figure out what it is people are willing to pay," says Josh Luber, founder of streetwear online marketplace, StockX, on the latest episode of the Innovators podcast by TheCurrent Global. "What brands have historically relied on is the concept of mass chaos and taking advantage of that hype (...) But having a pair of Off-White Jordans that retail for $490 but resell for $2400 and just relying on bots and chaos in order to distribute it is an illogical and broken system," he explains. Luber's platform, which in 2018 took on $44m in investment from Google, among others, launched in 2016 to level the playing field between buyers and sellers in a retail landscape that seems to enjoy feeding off an endless cycle of streetwear FOMO and having the latest, hottest sneaker on the market. The re-sale market used to be a Wild West, Luber explains, but data and technology are now being deployed in order to better value thes

  • MedMen on overcoming the barriers of selling cannabis

    31/01/2019 Duración: 25min

    Cannabis consumers are not as black and white as medicinal versus recreational, says MedMen CMO, David Dancer, on the latest episode of the Innovators podcast by TheCurrent Global. This cannabis retailer is currently valued at over $1.5bn. Its challenge however is to design an experience that removes the anxiety of consuming cannabis that the majority of casual users still carry, as well as appease local authorities hungry to ensure strict legislations. The consumer piece can be easily facilitated by knowledgeable store associates, who Dancer refers to as sommeliers and who play a huge role in demystifying the experience, from branding to education. "We want to make sure that people feel comfortable and can ask the questions they need answers to," he explains. It also helps that curiosity around consumption is at an all-time high, largely thanks to the wellness movement. But the bigger challenge for the retailer is dealing with legislations even stricter than those reserved to selling alcohol and

  • Departing Neiman Marcus exec Scott Emmons on how retail innovation is failing

    17/01/2019 Duración: 26min

    Internal teams can no longer deliver the results needed to drive the industry forward, says Scott Emmons, departing head of the Neiman Marcus iLab, on the latest episode of the Innovators podcast. Responsible for setting up one of the most established retail innovation programs in the world, Emmons is now bringing his insights and expertise to TheCurrent Global as he joins as the company as the chief technology officer. He joins at a time where he believes internal labs should be replaced by a more open approach to innovation, where collaboration is key. "You've got to build better partnerships that go beyond the four walls of the retailer. If everything happens within those four walls then what you keep doing is the same thing over and over again," says Emmons, who launched the lab in 2012. "Because you're not bringing in fresh ideas, you're not bringing in fresh approaches to retail. You continue to iterate the things which you're good at." During his time at Neiman Marcus, Emmons was

  • L’Oreal on how tech enhances the customer bond

    14/01/2019 Duración: 29min

    Technology emphasizes the bond of customer experience, says Stephane Lannuzel, operations chief digital officer at L'Oréal, on the latest episode of the Innovators podcast by TheCurrent Global. "Every CEO should be consumer-oriented, and technology can reinforce that link," he explains. For years L'Oréal has been on an innovation path that has seen the group heavily invest in technologies that help personalize the consumer experience across the spectrum – from fully customized products to monitoring tools. At the heart of this is the importance of the shopping experience, Lannuzel notes. He references Lancôme's custom foundation, Le Teint Particulier, which makes use of a machine expertly mixing a formula to perfectly suit the individual consumer's skin tone. He explains that at the end of the purchase journey, what consumers remember is not the technology itself, but the fact that they were made to feel special. This, he concludes, is the ultimate luxury experience, only enhanced by the use of t

  • How Ikea is boosting sustainable and healthy living

    03/01/2019 Duración: 34min

    "We've been set up as a business to understand how people live and to provide solutions that help them live better," says Joanna Yarrow, head of sustainability and healthy living at Ikea, on TheCurrent Innovators podcast. Since its inception 75 years ago, the Swedish flatpack retailer has been known for affordable – and arguably, disposable – furniture that is a staple in young people's homes. But after identifying a shift in how we consume and live our lives, Ikea is on a much bigger mission, which is to think of what products and services it can provide that support consumers to live more sustainably, and more healthily, everyday, Yarrow explains. Speaking to Rachel Arthur, she says that sustainability has always been at the core of Ikea, but one of the biggest mistakes it has made is not to have engaged with consumers on their sustainable journey up until now. But times have shifted, and with mainstream consumers now maturing from supporting a single cause, such as saving water, to attempting

  • Lego on the importance of play at retail

    28/12/2018 Duración: 37min

    Lego's most important feedback often comes from six year-olds, says the brand's head of retail innovation, Martin Urrutia. Speaking to Rachel Arthur at this year's World Retail Congress in Madrid, Urrutia says focusing on the relationship between the user and the brick, and constantly listening to consumers' wants and needs, has been pivotal to the Danish brand's longevity. "Prior to rolling out anything important in our stores we actually sit at a table and present this to children and listen to them. And of course sometimes you say 'Am I going to let a six or eight year old child tell me what to do in store?' and the answer is yes, of course. If you present this to them, if you listen to the feedback, it's going to be interesting," he explains. "I've seen so many companies changing their essence and changing many things," he says, "and the only question that comes to my mind is – have they really asked their core users what they want?" In order to serve all types of consumer

  • Clare Press on why brand activism matters today

    21/12/2018 Duración: 31min

    "I think that it is absolutely indisputable that customers are asking for brands to have vision and to have purpose and to stand for more than just making something pretty," says Clare Press, sustainability editor-at-large at Vogue Australia and author of the book Rise & Resist, on the latest episode of the Innovators podcast by TheCurrent. This new wave of brand activism is backed by the fact there is plenty of evidence younger consumers are the most socially-engaged generation we've seen, she explains. The fight for social and political justice that is happening around the world, is feeding into a demanding for more from the goods and services they consume. "They're looking for brands to represent something that strikes a chord with them, and that is meaningful to them," she adds. We haven't seen consumer restlessness in as big a way as we're seeing right now since the 1960s, she explains. But addressing that as brands, also comes with balance. Numerous businesses have stepped int

  • Beboe on creating a luxury cannabis brand

    13/12/2018 Duración: 34min

    "In fashion, I sold things to people that they didn't need. You don't need a beautiful bustier dress from Dolce & Gabbana, you want it, so it is about a want-based marketing," says Clement Kwan, co-founder of luxury cannabis brand Beboe, on the latest episode of the Innovators podcast by TheCurrent. "In marijuana what we realized was everything was about the product. How high can you get? At what price? So we flipped the script," Kwan, who is a former executive at YOOX and Dolce & Gabbana, notes. Beboe launched in 2017 at a time when cannabis consumption was riding high. Off the back of the growing wellness trend, consumers have become increasingly educated on the physical and mental benefits of the plant, and a series of new products and retail models have entered the market to respond to the demand. The plant has now been legalized for medicinal use in 33 US states, and for recreational use in 10. The country now accounts for 90% of the global legal marijuana trade, valued at $

  • NET-A-PORTER on personalizing the customer experience

    06/12/2018 Duración: 32min

    The future of e-commerce may not be about a traditional website at all, but about existing on multiple other platforms, expresses Matthew Woolsey, managing director at online luxury retailer, NET-A-PORTER, on the latest episode of the Innovators podcast by TheCurrent. The company sees many of its big customers making purchases over platforms including Whatsapp, iMessage and WeChat, which have become their primary entry point to e-commerce through their relationships with personal shoppers, he explains. "We want to be in the platform where our customer is engaging with content, seeing the product or speaking with the personal shopper. It's about what's best for her. We never want to be in a position where we are forcing or imposing a platform or methodology on our customers, because that's the opposite of customer centricity," he explains. "It's very easy to imagine a time when NET-A-PORTER doesn't even have a website, in the traditional sort of desktop sense, and really what it exists as is

  • How Casper is designing experiential retail moments

    29/11/2018 Duración: 21min

    Successful retail experience today is about trial, service and entertainment, says Eleanor Morgan, chief experience officer of direct-to-consumer mattress brand Casper, on the latest episode of The Innovators podcast by TheCurrent. Speaking to Liz Bacelar at The Lead Summit in New York, she says the company really focuses on designing experiences that are optimized for those three things rather than inventory availability and convenience. What's key is giving customers the ability to try out products, get consultation from experts in house and enjoy moments with the brand. Casper has grown from an online retailer to a brick-and-mortar business with 20 stores across the US, along with an innovative sleep bar. The Dreamery, as it's called, is a new napping space in New York built around experiential aims. It offers nap pods in a peaceful lounge along with a Casper mattress where consumers can pay $25 for a 45-minute snooze. It also serves as an extension of the brand's aim to drive a cultural change around s

  • LVMH’s Ian Rogers on the death of the chief digital officer

    20/11/2018 Duración: 26min

    The role of the chief digital officer shouldn't exist, says Ian Rogers, who is himself the chief digital officer at LVMH, on the latest episode of the Innovators podcast by TheCurrent. Speaking to Liz Bacelar in Hong Kong during The New York Times International Luxury Conference, he argues that for any large company, the role should be merely transitional as brands become accustomed to a future where digital is simply embedded within everything that they do. "The word digital and the insinuation that this transformation is about technology is really misleading and it makes people make the wrong decisions. So what I really want to convince people of is that this is not a technological change, it's a cultural change," he explains. Instead, the role should evolve into a chief technical officer who sits at the executive table alongside more established players like the CFO and the CEO itself, he notes. Rogers joined LVMH in 2015 at a pivotal time for the group, which like many luxury players was navi

  • Missguided on the relevance of reality TV

    15/11/2018 Duración: 25min

    UK hit reality TV show, Love Island, is all about meeting the customer where she lives, says Missguided's chief digital officer, Jonathan Wall, on the latest episode of the Innovators podcast by TheCurrent. "Love Island for our sector, it's kind of like the annual peak, or the annual Christmas, of [other retailers]. It's our nirvana. You could not find anything else that's absolutely spot on to our bullseye customer," he comments. The fast fashion multi-channel retailer saw its sales spike 40% during the show this summer, which all came down to reigniting and re-energizing lapsed customers of more than six months, he notes. Product placement, which is essentially what this was, isn't new in strategy – but it's effective when it's done right, he explains. In this instance, his team designed looks and dressed all of the stars in the show. Wall's strategy is focused primarily on relevancy to the shopper, much of which comes from the fact his team internally are those individuals themselves. "O

  • TheCurrent Debate: Is there real value in CGI models?

    08/11/2018 Duración: 26min

    CGI models are having a moment in luxury fashion right now, but it's up for debate as to whether they hold true value for the brands embracing them, according to the latest episode of the Innovators podcast by TheCurrent. Co-hosts Liz Bacelar and Rachel Arthur, who discuss various technologies pertinent to the industry every month on this show, bring opposing viewpoints to the table. CGI or virtual models have been used in fashion advertising campaigns to an increasing degree over the past few years, with big name brands including Louis Vuitton, Prada and Balmain all employing them. Some of those involved, including one called Lil Miquela, and another named Shudu, have generated enormous buzz and impressively large social media followings as a result, as though they were indeed influencers in their own right. Most recently, Lil Miquela featured in UGG's 40th anniversary campaign, blending in seamlessly alongside two real-life influencers as though she were a natural part of the cast. For the unsuspecting o

  • Allbirds on why sustainability is a non-negotiable

    01/11/2018 Duración: 29min

    It’s not incumbent on the consumer to change behaviour, but on businesses to take responsibility, says Tim Brown, co-founder of direct-to-consumer footwear brand Allbirds on the latest episode of the Innovators podcast, by TheCurrent.

  • Supergoop! On the Clean Beauty Revolution

    25/10/2018 Duración: 29min

    “The clean beauty revolution is the next big thing that’s going to hit this industry,” says Amanda Baldwin, president of suncare brand, Supergoop! She explains that from day one, Supergoop! has maintained a singular focus: convincing people to wear sunscreen every day by making it with the cleanest ingredients possible.

  • Ozwald Boateng on why creatives need to think like startups

    19/10/2018 Duración: 30min

    Designers need to reposition their businesses as startups to tap into much-needed investment, says menswear designer, Ozwald Boateng, on the latest episode of TheCurrent Innovators podcast. In conversation with Liz Bacelar at a Spotify event in Paris, Boateng, whose body of work propelled the craftsmanship of London's Savile Row to international recognition, says he believes the creative world needs to learn from technology in terms of how it approaches funding. The fashion industry's model of investors taking control of designers' names early on is broken, he explains, saying that we can all learn from new direct-to-consumer businesses that have overcome this by approaching differently the way that they're backed instead. "What amazes me is when you see these young creative talents, still owning sizeable chunks of the business after raising so much money and getting these valuations of a billion plus – you kind of go, my god, can that really happen, it's almost like a dream, but in the tech world, it

  • Amazon Alexa’s founder on how voice tech will impact retail

    11/10/2018 Duración: 36min

    "I think you'll be surprised in a couple of years if you speak to a device and it doesn't reply," says William Tunstall-Pedoe, the British entrepreneur who created the technology that became Amazon's voice assistant, Alexa. Speaking to Liz Bacelar on TheCurrent Innovators podcast earlier this year, he says his vision for future of voice technology really is about everything around us being connected. Artificial intelligence (AI), which is the overarching phrase for the tech behind it, is fundamentally revamping how we live our lives, how we do business, and even how we shop, he explains. And it's doing so at an ever-increasing pace. Just recently Amazon released a myriad of new devices – including a microwave and a smart plug – that aim to facilitate greater connectivity in the home, taking us one step closer to Tunstall-Pedoe's vision. "The really big goal is totally horizontal, that you can talk about anything you want and be understood on any topic," he adds. On this episode, the d

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