D2C Supply Chain Management, Baseball Cards Got Weird, AI for Diagnosis, Kith to Bail Out Barneys, Rockets of Awesome, Museum of Ice Cream Interview, Peloton's EU Competition
Covering commerce daily from Amazon to Zulily.
TL:DR: Anvyl is uniquely positioned to gain market share because of its streamlined approach to supply chain management and projected growth in the overall direct to consumer (D2C) sector.
Supply chain management is especially irksome in part because the manufacturing process hasmultiplepointsoffailure – including (but not limited to) shady vendors/middlemen, miscommunication across language/cultural barriers, and defective or incorrectly made products –risks that can cost entrepreneurs significant amounts of time and money.
The Anyvl platform is unique in its ability to streamline supply chain at a high level of detail and facilitate the manufacturing of quality products, which will help Anvyl win market share and underpin a new generation of D2C startups and microbrands.
A very analog hobby finds a way to thrive in the digital age. Though I was once a middle schooler with a pack-a-day habit, whose heart raced whenever I crossed the threshold of Gilbert’s Sports Nostalgia in suburban Boston, the last time I tended to my card collection, Bill Clinton was president and Barry Bonds was a speedster with some pop.
One industry observer told the Journal that oversupply—too many competing sets; large print runs—had “choked the goose that laid the golden eggs.” The cards of Hall of Famers from the ’60s and earlier retained their value, but new product was rendered all but worthless by the late ’90s.
AI Stats News: 45% Of US Consumers Want Their Physician To Use AI For Better Diagnosis
Recent quantitative assessments of the progress of AI highlighted US consumers’ interest in AI working alongside their physicians, the current porn-heavy state of deepfakes, the potential business benefits of RPA, and automation's impact on income and employment.
Automation has “contributed substantially” to reducing the portion of national income that goes to U.S. workers over the past two decades, according to a new study by economists at the Federal Reserve Bank of San Francisco.
Automation at the firm increases the probability of workers separating from their employers and decreases days worked, leading to a 5-year cumulative wage income loss of around 11 percent of one year's earnings.
Kith's Co-Founder Is in Final Talks To Buy Barneys New York
Sam Ben-Avraham, who co-founded Kith and a number of trade shows, has put together a bid for the troubled retailer.
Ben-Avraham has been putting his mark on the New York retail landscape since the mid-’90s, when he founded Atrium, a boutique that sold streetwear alongside high fashion brands like Balmain, Moncler, and Ralph Lauren.
It may seem that Kith has built an empire on breakfast cereal and fancier brand names embroidered on its own garments, but almost every product, snack, and limited collab shows the seams of a lucrative business deal.
Why Foot Locker is backing Rockets of Awesome, a start-up disrupting the kids clothing market
Rockets of Awesome, an online kids clothing store, has wooed celebrity backers and capital from Foot Locker. It is the latest e-commerce company to opt for a brick-and-mortar presence. In September it opened its first pop-up store in Manhattan.
Women who shopped on Cricket's Circle provided Blumenthal and her colleagues with a wealth of data on what mothers, specifically, need to keep growing children in clothes that both fit and are stylish.
The brand's name was also inspired by kids and created to woo customers, curious as to its origin: By combining single words from thousands of Post-its placed on office walls by Blumenthal's team to capture the uninhibited exuberance and confidence of school-age children.
Everything You Think You Know About the Museum of Ice Cream Is Wrong: Interview With CEO
MOIC’s 27-year-old founder Maryellis Bunn discusses everything from social media to art critics to Walt Disney.
It soon became clear that the so-called “ museum ,” an all-around bubblegum pink painted room filled with ice cream-themed objects, was a great space to take eye-popping photos for Instagram , Snapchat , TikTok or whatever social media app your friends all scroll on.
Choice of trademark was hardly a more deliberate process; because there was nothing like it on the market at the time, Bunn and her business partner, former investment banker Manish Vora, branded it “a museum” so people would have a rough idea of what to expect when purchasing tickets.
Peloton’s fiercest rival in the battle for home fitness dominance could be this company from Italy
Milan-listed Technogym is set to make its foray into streaming-online-fitness classes via digital platforms on its machines, putting the firm on a collision...
The Milan-listed athletic-equipment outfit, characterized by some as the Netflix NFLX, +0.87% of fitness, is reinventing itself, in an effort to boost earnings, with its Technogym Live, announced in March but set to launch officially early next week.
Peloton’s stock, meanwhile, has tumbled 7.8% since late September amid a broad rejection by investors of nonprofitable, richly valued companies, including WeWork parent We Co., which pulled its planned initial public offering last month.
I’m Now a Leisure Soda Guy, Thanks to These Refreshing Leisure Sodas
When I’m not trying amari, beers, and natural wines on the job, I’m relaxing at home with a Casamara Club Soda in hand.
October 10, 2019 PHOTO BY JENNA BELEVENDER AND MICHELLE GERARD This is Highly Recommend , a column dedicated to our very opinionated editors’ favorite things to eat, drink, and buy.
Casamara Club in Detroit bases its sodas after Italian aperitivo and digestivo, which means—as an amaro lover—I’m already on board, drawn in by the unique flavors from roots, fruits, barks, leaves, and vegetables that are infused.
Why is this interesting? - The Pop Art Edition
Felix Salmon (FMS) joins us for a second WITI today. He previously wrote about the Sackler family and philanthropy for WITI 5/17. You can find him regularly over at Axios and his Sunday business and finance email Axios Edge. - Noah (NRB) Felix here.
But the minimum level of sophistication that an artwork needs in order to fetch 8 figures at auction has clearly been falling as the world of art collectors has expanded and globalized.
True story: A few years ago I was on a plane and I saw a guy open a briefcase only to pull out a tape player, map, book, notebook, and pen.
Heyday wants to be the go-to indie beauty retailer – Glossy
Heyday plans to do this by sharing macro-level customer information and offering its employees as product testing focus groups. On Tuesday, the company announced it is the exclusive retailer for indie brand Onekind, building on other various exclusives, such as Ursa Major’s face lotion launch in July or a CBD facial with the brand Mowellens in February.
This builds on other recent exclusives for Heyday, such as Ursa Major’s face lotion launched in July and a CBD facial offering with the brand Mowellens in February.
From the customer perspective, Heyday offers one-on-one consultations with facialists and only introduces collaborative products when there is a white space or consumer need, said Pollak.
Why You Should Be Eating More Cheddar
Forget the traffic-cone-orange stuff. American cheese makers are offering some pretty sharp product right now.
It sustained colonists and Civil War soldiers, and was the foundation for the industrial innovation of processed “American” cheese.
Only recently was cheddar demoted to second place in overall consumption, usurped by that ubiquitous pizza-topper, mozzarella.