News 06.01.2021

Need to Know

Sotheby’s leans into luxury digital commerce, a cyber-label concept to empower data transparency and Americans rely on music to improve exercise sessions.

Sotheby’s digital marketplace taps into next-gen luxurians

Buy Now by Sotheby’s
Buy Now by Sotheby’s
Buy Now by Sotheby’s

Global – Auction house Sotheby’s is moving into the e-commerce space by allowing consumers instant access to luxury items.

Dubbed Sotheby’s Buy Now marketplace, the auction house’s digital space presents fine jewellery, contemporary art, collectible sneakers and designer handbags, among other products. The marketplace makes these items available without having to wait for an auction or go through a competitive bidding process. Through this diversified product range, the auction house seeks to connect with new and younger audiences.

‘What sets the Buy Now marketplace apart is our unparalleled expertise provided by our global network of specialists, the trust and confidence that comes with purchasing from Sotheby’s, and a highly curated assortment of items spanning a range of luxury and collecting categories,’ says Josh Pullan, managing director of the global luxury division at Sotheby’s Geneva.

By providing an ‘always open’ outlet, Sotheby’s is reworking its existing offering to tap into the needs of modern consumers and join a wave of next-generation auction houses.

Obé inspires at-home fitness with workout parties

Workout Parties by Obé, US Workout Parties by Obé, US
Workout Parties by Obé, US Workout Parties by Obé, US

US – Digital fitness platform Obé is recreating the social element of group workouts through its online Workout Parties.

The concept aims to replicate the sense of community often apparent in physical fitness studios. By allowing up to seven friends to connect pre- and post-workout, Obé hopes to boost engagement and differentiate the platform from its many global and local competitors. The Workout Parties also follow on from the platform’s Obé Friending feature, which lets members connect with one another more easily and share fitness tips within the Obé eco-system.

‘By ‘eventising’ what we do, it makes our classes more of a celebration,’ explains Mark Mullett, co-founder and co-CEO. ‘It’s fun for our clients, but it is also a drive to our live classes.’ Already, the platform has reported uptake of its Friending feature, with users connecting over cocktails in post-workout meetings as they continue to embrace At-home Fitness.

A data privacy label for IoT devices

US – Researchers at Carnegie Mellon University’s CyLab Security and Privacy institute are working on a prototype for a data privacy label designed for electronic products.

The label, aimed at Internet of Things (IoT) device-makers, standards organisations and others, is designed to provide greater transparency on data privacy for consumers. This data can be made available for any smart device connected to the internet – including security cameras, refrigerators, speakers, doorbells and more. Labels are intended to be visible on a product’s packaging or on the websites where the devices are sold.

Early iterations of the cyber-labels detail information about a device’s security mechanisms, along with an outline of the four mechanisms that could be used by the device for data collection: video, audio, physiological and location. Through this, consumers can gain insight into what their data is being used for, how and where it is stored, and whether their data remains anonymous.

With consumers' lives increasingly connected across digital devices, there is growing demand for data transparency and control through new digital economies.

Accessories for the Paranoid by Pia-Marie Stute and Katja Trinkwalder

Stat: Music proven to boost fitness performance

Peloton, Las Vegas Peloton, Las Vegas

Many US consumers count on music to elevate their mood and focus while exercising, with a majority even revealing that music improves their fitness performance.

According to a survey commissioned by RockMyRun and conducted by OnePoll, about 68% of respondents reported an increase in performance due to listening to music while working out. Meanwhile, some 39% say that they prefer to listen to a pre-made playlist created specifically for exercise – also referring to the importance of fast-paced tracks for cardio sessions.

The findings further suggest that the feelings most associated with exercising to music included feeling active, energetic and motivated. In this way, the potential for music as medicine is increasingly playing out as a way of boosting moods, focus and overall wellbeing.

Previous News Articles
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
StepN and Adidas unveil collaborative move-to-earn generative NFT sneakers

News

StepN and Adidas unveil collaborative move-to-earn generative NFT sneakers

Merging fashion, fitness and digital innovation, StepN, the move-to-earn platform revolutionising wellness engagement, has joined forces with Adida...
Fashion : Sports & Leisure : Technology
Stat: Survey finds that Millennials lead astrology interest

News

Stat: Survey finds that Millennials lead astrology interest

A survey conducted by the Harris Poll sheds light on astrology’s popularity among different generations in the US.
Astrology : Society : Millennials
Content Warning wants gamers to risk their life for content

News

Content Warning wants gamers to risk their life for content

Content Warning, a cooperative horror game, is turning gamers into SpöökTubers adventuring into an eerie underground of the Old World to go viral.
Gaming : Pop-culture & Media : Society
Ikea launches its first gaming furniture collection

News

Ikea launches its first gaming furniture collection

Ikea unveiled its inaugural gaming furniture collection, Brännboll, at Milan Design Week 2024, aimed at the increasingly popular casual gaming market.
Gaming : Home & Family : Design
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