Photo: Roku
2. Anthropologie and Pinterest
In October, Anthropologie and Pinterest hosted a pop-up that brought holiday decor trends to life. Each room in the Holiday Showhouse featured a QR code that brought consumers to shoppable boards on Anthropologie’s own Pinterest profile.
Why we care: While Pinterest will grow its US ad revenues 13.9% next year, its $2.52 billion still pales in comparison to other social media platforms, like Facebook ($32.55 billion), Instagram ($30.14 billion), or TikTok ($8.66 billion), per our forecasts. But teaming up with brands like Anthropologie could help it gain some ground.
3. Saks Fifth Avenue and Dior
In celebration of their 70-year partnership, Saks Fifth Avenue and Dior have created the “Carousel of Dreams,” a giant clock-like display covering the facade of Saks’ New York City location that celebrates designer Christian Dior’s legacy. In addition, Saks has launched a Dior pop-up on its website—the first time Dior merch will be sold via ecommerce anywhere other than its website.
Why we care: Consumers are increasingly turning to online channels to purchase luxury goods, and if brands want to stay relevant, they’ll need to forge ecommerce partnerships like this. We forecast personal luxury retail ecommerce sales in the US will grow 10.3% next year to reach $24.48 billion.