Tumblr Tip Jars and Emoji IDs
"get rich or lie trying"
A new trend has hit the crypto world, unfortunately, and it’s emoji-identifiers called Yats; influencers are the scam artists of the digital age; and somehow this $595 two-tone popcorn (you know, like the shirts from the ‘90s?) dress has completely taken over.
TUMBLR LAUNCHES A TIP JAR FEATURE TO HELP BLOGGERS MAKE A BUCK, techcrunch
If bloggers in the early aughts had tip jars, the media landscape today would be drastically different.
IS TIKTOK TAKING ON SHEIN?, sourcingjournal
The paywall got me here, but I was able to deduce that TikTok’s parent company ByteDance launched an e-commerce platform called Dmonstudio that is supposedly a dead-ringer for Shein, though I cannot confirm this because when I go to https://www.dmonstudio.com, I’m hit with a “Sorry, you are not allowed to access this site!” pop-up. So, I guess, watch this space?
FOREVER 21 PILOTS LIVESTREAM SHOPPING APP, chainstoreage
It’s interesting to me that retailers are building out their own livestream shopping apps rather than partnering with the dozens of livestream shopping apps that already exist. Nice flex, I guess?
In the virtual world of “Forever 21 Shop City,” customers will be able to buy and sell the retailer’s merchandise, including accessories and clothing. And as Forever 21 releases new collections in its physical and e-commerce stores, Forever 21 Shop City will simultaneously offer the ability to add the same merchandise to each store or buy it for a customer’s Roblox avatar.
WHY FASHION STILL HASN’T CRACKED RENTAL, businessoffashion
Seasons raised $5 million in funding and “spent much of it buying fresh, seasonal items through brands like Acne, Marni, and Bode.” Last week, the founder announced he was shutting it down. “The lesson we took away was for any of this to work, you can’t purely do rental,” he said.
HOW ALEXANDRE ARNAULT IS SHAKING THINGS UP AT TIFFANY & CO., wsj
In addition to flashy partnerships with Jay-Z and Supreme, the young Arnault — who is 29, fyi — is also the man behind the “Not Your Mother’s Tiffany” campaign, which he stands by: “It had some backlash but it also had people who had never thought of Tiffany talk about us, which I view as a good sign.”
HOW TO SELL FINE JEWELLERY TO GEN Z, voguebusiness
A look at how fine jewellery [sic, I guess vogue thinks they’re british now] designers like Bernard James and Bea Bongiasca are trying to capture young consumers — the same ones who spend most of their cash on Shein and Depop.
Bertschy of Vontobel says younger, Gen Z consumers are more than ready to invest in fine jewellery pieces. “The younger generation or the Gen Zs prefer to save a bit of money to buy their first luxury product and to have something very iconic and something very high end.” He notes that many were incentivised in the Covid-19 pandemic to treat themselves as a reward or an act of sheer indulgence.
One last thought (and free startup idea? please? someone? anyone?):