News 19.02.2021

Need to Know

Ikea democratises the gaming experience, a luxury grant for farmers moving to regenerative agriculture and city stores close amid the rise of local shopping.

Ikea’s price-conscious gaming furniture

Ikea China and Republic of Gamers
Ikea China and Republic of Gamers
Ikea China and Republic of Gamers

Global – Ikea’s first range of affordable PC gaming furniture makes it easier for gamers to have a professional set-up at home.

Designed in collaboration with hardware brand Republic of Gamers, the eSports collection spans six design themes and 30 products. Among the furnishings on offer are gaming chairs to suit multiple interior styles, and accessories such as cupholders, mouse guards and a ring light for live-streaming.

Launching initially in China before a global roll-out later in 2021, the range is purposely accessible with prices from £33 ($46, €38) to £275 ($386, €318), giving amateur gamers a chance to buy furniture that was previously too expensive. ‘We believe there’s a lot to be done to democratise the gaming experience,’ says Ewa Rychert, global business leader of workspace at Ikea. ‘Now we take the first step on our gaming journey, and we do it by presenting affordable, high-performing gaming products and complete solutions that we hope reflect people’s personality and taste.’

With this collection, Ikea is appealing to the Deprogrammers generation, creating accessible products for this diverse group of web-first consumers.

A fitness campaign celebrating phygital communities

You Never Sport Alone by Intersport, Switzerland You Never Sport Alone by Intersport, Switzerland
You Never Sport Alone by Intersport, Switzerland You Never Sport Alone by Intersport, Switzerland

Switzerland – Retailer Intersport's new campaign highlights how community and fitness are evolving as people adjust their routines during the pandemic.

Two films focused on running and training show the need for a positive community at a time when many people are exercising alone. The campaign – You Never Sport Alone – focuses on the shift to phygital and home workouts and the ways in which people are staying motivated and connected to others through exercise. Both films celebrate the sense of togetherness that fitness can bring, while conveying Intersport’s role in providing support, motivation, advice and products to local sports communities.

Danny Marsh, strategy director at We Are Pi, the creative agency behind the campaign, comments: ‘This campaign shows Intersport’s unwavering value to, and consistent support of, local sporting communities, [while] the phygital angle appeals to the idea that running and training have evolved from being solo sports – and are experiencing a transformation aided by crews, teams and gyms.’

Through this campaign, the retailer reflects how fitness brands are tuning into Social Wellness as a way to bring people together.

Kering’s fund to future-proof sustainable agriculture

The Regenerative Fund for Nature by Kering and Conservation International The Regenerative Fund for Nature by Kering and Conservation International

Global – Luxury conglomerate Kering has launched a monetary fund designed to transform conventional material sourcing in order to mitigate the effects of climate change.

For this venture, the luxury brand is working with non-profit organisation Conservation International to establish its Regenerative Fund for Nature. With this fiscal aid, grants will be provided to farmers, NGOs and key stakeholders who are creating eco-friendly agricultural processes in the fashion sector.

The first round of funding will support farmers making the transition to regenerative agricultural production so they can deploy more sustainable material sourcing. Kering will be tracking the process over the next five years, with the ambition to apply some of the findings to its own brands’ supply chains.

With the fashion sector consistently criticised for the harm it causes the planet, the Regenerative Fund for Nature aims to create long-term, positive solutions. In turn, Kering aims to implement eco-conscious practices into the core of its sourcing.

For more on businesses pushing past mainstream notions of sustainability, explore Post-purpose Brands.

Stat: City store closures loom as shoppers go local

Otrium, Netherlands Otrium, Netherlands

With many UK consumers continuing to work and shop locally, city centre retailers across the country are closing bricks-and-mortar outlets or relocating to neighbourhood areas.

Recent research by Brightpearl indicates that almost a quarter of UK retailers (24%) will be closing physical stores in 2021. Sports and leisure retailers are worst affected, with 50% planning to close their shops. Meanwhile, 30% of fashion brands plan to shut stores.

The closures come amid ongoing lockdowns in the UK and an enforced shift in spending habits towards local stores and convenience retail. According to Brightpearl, 63% of UK consumers say they will shop more locally over the next year, while almost one in five retailers (18%) are responding, with plans to move stores out of major city centres and into local high streets within the next 12 months.

In our Micro-mmunity Retail microtrend, we explore some of the ways in which flagship store formats are downscaling to suit the needs of local shoppers.

Previous News Articles
Louis Vuitton’s new book aims to capture Paris’ Olympic spirit

News

Louis Vuitton’s new book aims to capture Paris’ Olympic spirit

As Paris gears up for the 2024 Summer Games, a new book aims to capture the city’s Olympic spirit.
Luxury : Olympics : Design
Beyond Meat introduces new Sun Sausage for health-conscious consumers

News

Beyond Meat introduces new Sun Sausage for health-conscious consumers

Beyond Meat has launched Sun Sausage, a plant-based product that doesn’t mimic traditional meats such as beef, pork or chicken.
Food&Drink : Plant-based : Protein
Foresight Friday: Alice Crossley, senior foresight analyst

News

Foresight Friday: Alice Crossley, senior foresight analyst

Every Friday, we offer an end-of-week wrap-up of the topics, issues, ideas and virals we’re all talking about. This week, senior foresight analyst ...
Foresight : Beauty : Travel
Stat: The majority of AI decision-makers keep changing their initial plans

News

Stat: The majority of AI decision-makers keep changing their initial plans

Honeywell has unveiled its latest findings from the Industrial AI Insights global research study, highlighting significant trends in AI adoption wi...
AI : Technology : Workplace
Imoo launches new Z7 sports watch phone for kids

News

Imoo launches new Z7 sports watch phone for kids

Imoo, the pioneering brand in kids’ smartwatch technology, has introduced its new flagship sports watch phone, the Z7, in the UK and Germany.
Technology : Gen Alpha Consumers : Wearable
WHEN brings at-home fertility testing to Australia

News

WHEN brings at-home fertility testing to Australia

WHEN, Australia's first at-home egg count testing service, is on a mission to start the fertility conversation sooner, to give consumers more ...
Health : Wellness : Design
Mattel’s first blind Barbie doll takes a positive step forward

News

Mattel’s first blind Barbie doll takes a positive step forward

Mattel is taking a significant step towards inclusivity with the launch of its first blind Barbie doll.
Inclusivity : Youth : Toys
Stat: Millennials and Ozempic drive high-protein food boom

News

Stat: Millennials and Ozempic drive high-protein food boom

Consumer interest in health and weight loss, particularly among Millennials, is boosting sales of high-protein packaged foods and beverages, accord...
Food&Drink : Health : Wellness
The Future Laboratory launches Visualised Research Decks service

News

The Future Laboratory launches Visualised Research Decks service

The Future Laboratory has launched a new Visualised Research Decks service from its Applied Foresight team. 
Foresight : The Future Laboratory : Applied Foresight
Everlane founder launches magnesium-powered beverage Magna

News

Everlane founder launches magnesium-powered beverage Magna

Thirteen years after launching Everlane, Michael Preysman is launching Magna, a DTC sports beverage brand. Magna targets health-conscious consumers...
Supplements : Food&Drink : Health
You have 1 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