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About 875 brands using the royal coat of arms must now reapply under King Charles III and prove the royal family uses their products, or else change their packaging.
🎧 On the go? Listen to today’s podcast to hear Zack and Juliet discuss California vs. Amazon, skimpy Walmart pics, and how Patagonia does things differently.
Patagonia founder Yvon Chouinard, 83, is making headlines for giving away his ~$3B company. But for an environmentalist who never wanted wealth, it makes sense.
Chouinard had no faith that selling the company or taking it public would retain the values on which he founded it.
So instead, he and his family transferred:
A legendary rock climber, nature lover, and falconry club founder who once lived out of his car selling climbing gear he blacksmithed himself.
… after initially buying rugby shirts in the UK and selling them to other climbers.
The company’s original rugged apparel gear soon developed a large fanbase, and now sells some $1B worth annually.
It’s also well-known for being good to its employees, who enjoy a healthy cafe with lots of vegetarian options and are encouraged to explore nature versus languishing at their desks.
Chouinard’s latest unconventional move is just par for the course.
“Hopefully this will influence a new form of capitalism that doesn’t end up with a few rich people and a bunch of poor people,” he told The New York Times.
Crisis averted? President Biden announced a tentative agreement between rail companies and unions, avoiding a strike that could have cost the US economy $2B per day.
Adobe intends to acquire Figma, a cloud-based design software company that allows for real-time collaboration, for $20B.
TikTok copied viral social app BeReal with a new feature called TikTok Now. Meanwhile, Instagram’s working on “IG Candid Challenges.”
A digital “queue tracker” from the UK government showed that the line to pay respects to Queen Elizabeth II was at one point five miles long.
Kanye West told Gap it’s over, claiming the retailer breached their agreement. Gap can sell current Yeezy Gap items, but West will focus on opening his own Yeezy stores.
The National Toy Hall of Fame finalists for 2022 include bingo, Catan, Lite-Brite, Nerf toys, piñatas, Spirograph, the top, and more.
Lawsuit: California is suing Amazon, claiming it ropes sellers into agreements that prevent them from selling items cheaper elsewhere, driving up consumer prices.
BNPL: The US Consumer Financial Protection Bureau will regulate “buy now, pay later” companies similar to credit cards.
Walmart’s new Be Your Own Model feature lets customers virtually try on clothes… if they upload a photo in basically their undies.
Niche opp: Trendster Sam Eitzen cleared seven figures after one year of selling artisan gifts to big brands. Read the Trends article to learn how he did it.
Last weekend at Disney’s D23 Expo, the company teased a first look at Halle Bailey as Ariel in a live-action version of The Little Mermaid.
The teaser rapidly garnered 104m views — far more eyeballs than other Disney live-action flicks — despite not including views from the UK, Ireland, and Australia due to Queen Elizabeth II’s death.
Much of the conversation surrounding the clip has been centered around Bailey being Black.
How about we all just sit back and enjoy the trailer’s awesome graphics and Bailey’s beautiful voice?
Talking big picture for a moment: The times are a-changin’.
Expeditiously. As are the ways we connect, peruse, and purchase.
So HubSpot surveyed 1k+ people to learn about how we’re wired these days. Check the 2022 US Consumer Trends Report for the insights, segmented by generation across eight categories:
The data shows 29% of respondents kinda want to leave their jobs, 28% call crypto “the future of currency,” and every generation thinks “buy now, pay later” sucks.
Oh wait… those are all real.
🍏 On this day: In 1997, Apple announced Steve Jobs as its interim CEO following Gil Amelio’s departure. He’d first left Apple exactly 12 years prior.
🖥️ How to: What are meeting equity and proximity bias, and how can hybrid and remote teams avoid them?
🎧 That’s cool: A lo-fi player that changes as you interact with objects in a virtual room.
❓ That’s interesting: Apparently, no one knows what this popular Bangalore snack really is — and the vendors like it that way.
🐇 Aww: And now, a real beach bunny.
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In 1994, Jeff Bezos discovered a shocking stat: Internet usage grew 2,300% per year.
Data shows where markets are headed.
And that’s why we built Trends — to show you up-and-coming market opportunities about to explode. Interested?