News 01.08.2023

Need to Know

A palm oil-free soap bar by Haeckels and Pangaia, Crate & Barrel enter the home renovation market and why shops have closed en masse in Britain since 2018.

Haeckels, Pangaia and C16 Biosciences introduce a palm oil-free soap bar

The Rewild Body Block by Haeckels, Pangaia and C16 Biosciences, UK and US
The Rewild Body Block by Haeckels, Pangaia and C16 Biosciences, UK and US
The Rewild Body Block by Haeckels, Pangaia and C16 Biosciences, UK and US

UK – In a joint effort, Haeckels, Pangaia and C16 Biosciences have developed a soap, swapping palm oil for a ground-breaking blend formulated with torula oil.

The Rewild Body Block is a collaboratively crafted innovative product, designed as a better-for-the-planet alternative to palm oil-based soap. To make the palmless torula oil soap possible, British future-forward beauty brand Haeckels has teamed up with materials science company Pangaia and New York-based climate tech start-up C16 Biosciences.

The bio-designed proprietary palm oil substitute harnesses the power of naturally occurring microorganisms and fermentation. Haeckels then manufactures the soap in its UK lab in Margate, mixing the blend with seaweed extract from local shores and natural ingredients such as aloe vera, mandarin peel and vetiver root. Given real palm has a destructive impact on the planet, the palmless soap bar is ironically infused with natural oils that mimic the smell of rainforests burning down.

In our Neo-collectivism macrotrend, we explored how brands such as Haeckels and Pangaia are shunning individualism in favour of alliances that are favouring empathy and community.

Strategic opportunity

As consumers collectively direct their spending towards businesses that participate in positive societal progress, consider how your brand can promote civic collectivism by partnering with cross-sector ventures and even competitors

Crate & Barrel unveil home renovation line to simplify DIY projects

US – American furniture and home décor company Crate & Barrel is stepping into the home renovation category for the first time with the aim of making home renovation dreams more accessible. According to Houzz, 55% of home-owners are planning renovations in 2023, and the brand’s new collection responds to growing demand for transforming living spaces without massive budgets, contractor conflicts and other obstacles that usually come with such projects.

The extensive line includes more than 400 items, from bathroom and kitchen essentials to light fixtures, textiles, furniture and hardware. Focused on functionality and ease, the collection allows seamless integration with no demolition or contractor work required. With prices ranging from £6.99 ($8.99, €8.14) to £3,886 ($4,999, €4,527), the range caters for various budgets. Crate & Barrel’s signature designs, such as the mid-century modern Tate collection and its modern contemporary Batten collection, also include different aesthetics, making it easier for customers to reflect their personal styles in their homes.

Crate & Barrel’s ‘no-demo reno’ collection taps into the trend of people wanting to give their homes a face-lift post-pandemic, as revealed in our Premium Homeware Market report.

Crate & Barrel, US

Strategic opportunity

Crate & Barrel’s new line showcases how a brand can adapt itself to changing consumer demands. The home renovation trend is here to stay, and creating a line that offers ease and cost-efficient solutions will retain existing customers and attract new ones from across income brackets

Stat: Taxes and pandemic lockdowns have forced 23 shops a week to close in Britain

Nourish Hub by RCKa, UK Nourish Hub by RCKa, UK

UK – New analysis from The British Retail Consortium (BRC) released in July 2023 has revealed the staggering number of shops and restaurants that have had to close since 2018. Taxes and pandemic lockdowns have induced about 6,000 permanent store closures in total – 23 shops a week on average.

‘Crippling business rates and the impact of Covid lockdowns are a key part of decisions to close stores and think twice about new openings,’ said Helen Dickinson, CEO of the BRC. ‘The North and Midlands continue to see the highest amount of empty storefronts. London’s vacancy rate remains the lowest, improving over the last quarter thanks to the opening of new flagship stores, more office workers and tourists visiting the capital.’

In our Cost of Living Crisis series, we cover the direct impacts of high inflation on consumers and businesses. The current loss of small and medium-sized (SME) enterprises will affect the future of the high street and cities massively.

Strategic opportunity

Developers and regional governments should think ahead and invest in SMEs now to avoid watching areas turn into flagships-only high streets lacking authenticity and local know-how

Previous News Articles
Decoding the North American beauty market with BeautyMatter and British Beauty Council

News

Decoding the North American beauty market with BeautyMatter and British Beauty Council

BeautyMatter and the British Beauty Council brought together industry experts and brand representatives for an event exploring the key to success i...
Beauty : Advertising & Branding : Retail
Thérapie launches non-invasive body care treatment

News

Thérapie launches non-invasive body care treatment

Aesthetic clinic Thérapie has launched a new non-invasive bodycare treatment, Core to Floor.
Technology : Health & Wellness : Beauty
Foresight Friday: Marta Indeka, senior foresight analyst

News

Foresight Friday: Marta Indeka, senior foresight analyst

Every Friday, The Future Laboratory team offers an end-of-week wrap-up of the topics, issues, ideas and virals we’re all talking about. This week, ...
Society : Pop-culture & Media : Technology
Stat: TikTok leads global in-app earnings with record-breaking revenue

News

Stat: TikTok leads global in-app earnings with record-breaking revenue

Despite facing regulatory challenges in several countries, TikTok emerged as the top-earning app globally.
Technology : Pop-culture & Media : Society
Gaggl brings nostalgic tv programmes to Gen Z via content creator streams

News

Gaggl brings nostalgic tv programmes to Gen Z via content creator streams

Launched in April 2024, Gaggl is a new platform that licenses and distributes tv shows to content creators for communal viewing on social media.
Youth : Pop-culture & Media : Society
Technogym exhibition marks 40 years of innovation at Milan Design Week

News

Technogym exhibition marks 40 years of innovation at Milan Design Week

Technogym, the gym equipment and home fitness brand, commemorated four decades of innovation with a showcase exhibition at Milan Design Week 2024.
Milan Design Week 2024 : Technogym : Fitness
Asahi targets 50% sales share for no- and low-alcohol drinks

News

Asahi targets 50% sales share for no- and low-alcohol drinks

Asahi, the Japanese brewer known for brands including Asahi Super Dry, Peroni Nastro Azzurro and Pilsner Urquell, is planning for a continued decli...
Asahi : Beer : Alcohol
Stat: Eating forage fish could reduce deaths and mitigate climate change

News

Stat: Eating forage fish could reduce deaths and mitigate climate change

A recent study using data from more than 130 countries published in BMJ Global Health has found that changing from red meat to forage fish such as...
Sustainability : Food & Drink : Society
Vacheron Constantin unveils new watch concept at Watches and Wonders 2024

News

Vacheron Constantin unveils new watch concept at Watches and Wonders 2024

At Watches and Wonders 2024, Vacheron Constantin revealed a unique collaboration with fashion designer Yiqing Yin.
Luxury : Health & Wellness : Beauty
Four Seasons Hotels experiments with in-suite hologram technology

News

Four Seasons Hotels experiments with in-suite hologram technology

Hologram hotel clerks might sound like a futuristic dream, but this is now a reality at The Beverly Wilshire hotel.
Travel & Hospitality : Luxury : Health & Wellness
You have 2 free News articles remaining. Sign up to LS:N Global to get unlimited access to all articles.
BECOME A MEMBER
SIGN IN

What do we use cookies for?

We use cookies to enable the use of our platform’s paid features and to analyse our traffic. No personal data, including your IP address, is stored and we do not sell data to third parties.

Learn more