Signals

New York – The French luxury house has opened a new store in the Meatpacking District with the aim of attracting younger customers.

The two-storey, 5,300-square-foot space is the company’s fifth physical location in New York, but it marks the first time Hermès has branched beyond the more established luxury district of Manhattan. Its relaxed store design, informal staff uniforms and more casual product assortment reflect further new directions for the 182-year-old brand, with urban lifestyle items such as skateboard bags, bicycles and sneakers displayed alongside its signature silk scarves, ties and handbags.

‘The difference here is we’ll attract the next generation of Hermès clients,’ says Bob Chavez, CEO and president of Hermès USA. ‘It’s another opportunity for Hermès to portray itself in a more modern and updated way.’

For more on how luxury brands are experimenting with new store formats and untapped locations to attract a young demographic, explore our Uptown Downtown microtrend.

Spain – Smart Spirits has created an at-home drinks dispenser that can transform neutral grain spirit into alcoholic beverages that taste like whisky, gin or rum.

The dispenser uses flavour capsules to recreate the taste of up to 30 different spirits and liqueurs, including coffee liqueur, single malt whisky, spiced rum, gin and flavoured vodkas. According to company, the concept plays on the fact that nearly all spirits are comprised of water, ethyl alcohol and flavours.

The dispenser, which creates spirits ranging from 0% abv to 40%, will also give consumers control over the alcoholic strength of their distillate. ‘Smart Spirits taps into the desire of the increasingly sophisticated and tech savvy consumer to have control of the alcohol in their drinks, at the same time also choice and convenience,’ says Ian Smart, co-founder of Smart Spirits.

In our Post-category Spirits microtrend, we explore how a new wave of start-up distilleries are creating spirits that shirk the rules and regulations of liquor-making.

Instagram’s Stories feature has recorded huge growth in users over the past year, according to a new report by Business Insider Intelligence.

The report cites that much of the global growth of social video can be attributed to Instagram alone. The platform’s Stories feature hit 500m daily active users in the fourth quarter of 2018, up from just 150m in the first quarter of 2017. Furthermore, Instagram is the leading platform for stories-style content – 54% of users say they use Instagram Stories the most versus similar formats on other platforms.

Business Insider also notes that social video advertising investment is expected to reach $25.6bn (£20bn, €23bn) by 2023, up 128% on 2018, as Instagram Stories becomes an increasingly lucrative route for brands to reach consumers. For more, read our Shoppable Social report.