Apple Content Distribution, Millennial Furniture, Sugarfina Bankruptcy, Glassless Cocktails, Ad Budgets Slashed, Hill City Retail, Audio Branding, Halle Tecco Raises $5M, Remote Robotic Heart Surgery
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Above Avalon: Measuring Apple's Content Distribution Arm
Apple has had a busy year expanding its content distribution arm. With the addition of Apple News+, Apple Arcade, and Apple TV+, Apple has revamped its paid content bundle offerings. Combining these new bundles with platforms like the App Store and iTunes, Apple will be in a position to have a conte
Combining these new bundles with platforms like the App Store and iTunes, Apple will be in a position to have a content distribution arm bringing in more than $30 billion of revenue per year by FY2022.
The App Store will likely remain the most profitable piece of Apple’s content distribution arm for the foreseeable future given that revenue is reported on a net basis.
For Millennials In Multifamily, Furniture Is The Newest Amenity
New startups are highlighting the growing rental accessory market.
Bargain home goods retailer and stalwart of first apartments everywhere IKEA also announced earlier this year that it, too, would enter the rental furniture marketplace, in 30 countries around the world.
Founded by Michael Barlow and Lucas Dickey in late 2017, Fernish targets young urban professionals looking to lease trendy, stylish furniture at a monthly affordable rate and keep it as long as they need it.
Sugarfina files for Chapter 11 bankruptcy
Specialty candy retailer Sugarfina, Inc. has filed for Chapter 11 bankruptcy in Delaware, citing shifts in the retail sector, uncertainty in its international partnerships and difficulty in controlling margins as reasons for not being profitable.
Sugarfina explored multiple possibilities, contacting more than 170 potential partners with the goal of obtaining a complete or partial acquisition, equity investments or long-term debt transactions.
Its trademarked Candy Cubes, transparent boxes that show off Champagne Bears, Peach Bellini Gummies and other sweets, are designed for gifting and aesthetically-pleasing social media posts.
The Glenlivet's 'Capsule Collection' Is Sort of Like Gushers, but Whisky
The 23-milliliter cocktail-containing pods are made from seaweed.
Speyside distillery The Glenlivet—the world's second best-selling brand of Scotch —has unveiled its "Capsule Collection," described as "glassless cocktails " that are instead served in a casing produced from seaweed-extract, billed as "one of nature's most renewable resources."
To create the capsules, The Glenlivet partnered with the London bar Tayēr + Elementary, where bartender and co-owners Alex Kratena and Monica Berg crafted original cocktails for the three different varieties they are offered in: Citrus, Wood, and Spice.
As the world's biggest advertisers squeeze their partners, management consultancies are the latest to feel the burn.
External View Consulting Group principal Russel Wohlwerth, who has conducted audits and reviews for several major pharmaceutical companies, described the alleged behavior as "corporate larceny."
"I have had prospective clients ask me what I think they should be paying their agencies for the project we are discussing, but I do not provide that level of insight until after I have been hired," said Ken Robinson, founding principal of New York-based consultancy Ark Advisors.
Hill City to sell in 7 Athleta stores
Gap, Inc.'s younger men's athletics brand is also opening its first physical location through a pop-up in the San Francisco area.
Athleta's sibling brand, Hill City, is opening up a pop-up shop with a 12-month lease in Hayes Valley, a neighborhood in San Francisco, sometime in mid-to-late October, a spokesperson told Retail Dive in an email.
Palmer wouldn't give a firm answer on whether or not Hill City had plans to open its own permanent locations in the future, saying it was "to be determined," but the pop-up store is the first step in testing what works for the brand in a physical space.
‘It was seen as weird’: why are so few men taking shared parental leave?
Only 2% of new parents split their entitlement. Fathers tell us what’s stopping them
“For the modern generation, fatherhood is being expressed in totally different ways from before,” says Han-Son Lee, a digital marketer whose experience (he struggled to get decent leave when he became a father) partly inspired him to launch the parenting website DaddiLife .
Earlier this year, researchers from Georgetown University in Washington DC studied the way having children “traditionalised” couples’ division of labour, delaying the “second half” of the gender revolution – in the home – long after women have made huge advances in education and the workforce.
Target’s CMO is turning his attention on audio branding
With Target now firmly back on track to growth, the company’s chief marketing and digital officer, Rick Gomez, is turning his gaze on the more ancillary branding opportunity of audio.
With Target now firmly back on track to growth, the company’s chief marketing and digital officer, Rick Gomez , is turning his gaze on the more ancillary branding opportunity of audio.
Now that the company is close to reaching the ‘ mission accomplished ’ stage of its turnaround plan, Gomez said he is turning his attention to the re-emerging market practice of audio branding.
Serial Entrepreneur Halle Tecco Raises $5 Million For Women's Health Startup Natalist
Natalist wants to appeal to millennial women seeking a more meaningful experience when purchasing pregnancy and fertility tests.
NatalistThe Charleston, S.C.-based startup, which launched this past August, announced it has raised $5 million from a host of angel investors and venture capital firms.
“Products now are clinical and sterile, and don’t have the best connection to the consumer,” says 36-year-old Tecco, who adds that she drew inspiration from beauty brand Glossier, with its sleek packaging and engaging content.
First long-distance heart surgery performed via robot | ZDNet
In a feat of networking, engineering, and medicine, a doctor performed a heart procedure while standing 20 miles from his patient.
The feat is an example of telemedicine , an emerging field that leverages advances in networking, robotics, mixed reality, and communications technologies to beam in medical experts to remote locations for everything from consultations to surgical procedures.
"Remote procedures have the potential to transform how we deliver care when treating the most time-sensitive illnesses such as heart attack and stroke," says Mark Toland, President and Chief Executive Officer of Corindus Vascular Robotics.