Future Forecast 2019 - The Future Laboratory

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Future Forecast 2019 - The Future Laboratory
Future
Forecast
2019
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Future Forecast 2019 - The Future Laboratory
FUTURE FORECAST : 2019   INTRODUCTION : 2

Introduction

The past year has been politically, economically
and environmentally tumultuous. From the rise
of nationalism globally, to the uncertainty that
still hangs over the UK’s departure from the EU,
consumers are more trepidatious than ever about
their future–and that of the world.
In the Future Forecast 2019 we examine how
this uncertainty is manifesting and fueling new
behavioural patterns. Consumers are increasingly
adopting a long-term mindset by embracing local
purchasing habits, prioritising digital products that
mitigate traditional overconsumption and investing
their wealth in causes for the greater good.
And as they seek to take greater control over their
future, we will see a seismic shift across sectors
like fashion, luxury and travel as consumers redefine
what it means to be a brand operating in this space.
In order to interrogate these changes, we have
delved even deeper to showcase the 50 essential
trends across Food, Drink, Beauty, Health &
Wellness, Luxury, Fashion, Retail, Fintech, Travel and
Youth that will shape the coming year. In addition,
we also bring you exclusive innovator interviews
and thought-leadership pieces from key industry
disruptors who will unpack the future of their sector.
Through trends like Cultivating Flavour, Blockchain
Biology and Inconspicious Goods we will help you
cut through the noise and get a quick and clear
understanding of how the key consumer shifts will
affect your brand.

If you require more information about any of the
trends included in the Future Forecast, or want to
know how your business can harness them most
effectively, say hello@thefuturelaboratory.com or
visit our trends intelligence platform lsnglobal.com
to explore the sectors in more detail.

Together we’ll make a better future happen.
                                                         WTHN, NEW YORK
Future Forecast 2019 - The Future Laboratory
FUTURE FORECAST : 2019                                                                                                                CONTENTS : 3

                                                       Fashion                                                                                           Luxury
                                                       Pages 12–15                                                                                       Pages 28–31
                                                       Trends: Digital gratification, optimised                                                          Trends: Inconspicuous goods, luxury
                                                       wardrobes, integrating sustainable                                                                upcycling, next-generation auction
                                                       fashion, design on demand and                                                                     houses, how casinos are rejecting
                                                       incorporating the blockchain. Plus a                                                              symbols of wealth and the price of
                                                       look at the world’s first digital fashion                                                         silent homes. Plus a spotlight on
                                                       house, The Fabricant.                                                                             Entrupy’s new product Fingerprinting,
WTHN, NEW YORK                                                                                            PHOTOGRAPHY BY AARON TILLEY                                                                 PHOTOGRAPHY BY FLORA MACLEAN
                                                                                                                                                         which allows manufacturers and
                                                       Viewpoint: Christina Agapakis. The
                                                                                                                                                         retailers to verify an item’s authenticity
Beauty                                                 creative director of Ginkgo Bioworks
                                                       explains how bacteria can be                       Food                                           at any point during its lifecycle.
                                                                                                                                                                                                      Travel and
Pages 4–7                                              genetically engineered to create more
                                                       sustainable products that hold an
                                                                                                          Pages 20–23                                    Opinion: Marty Hurwitz. MVI Marketing’s
                                                                                                                                                         CEO on why more brands need to value
                                                                                                                                                                                                      Hospitality
Trends: Shaving rebranded,                             aesthetic as well as a functional value.           Trends: African aromas, the carb revival,                                                   Pages 36–39
                                                                                                                                                         the rise of immigrant luxurians.
transgender cosmetics, modern                                                                             cultivating food for taste, climate-positive
medical spas, skincare without                                                                            foods and a new efficient urban farming                                                     Trends: Connecting clubs, less
needles and prejuvenation haircare.                                                                       movement. Plus why pili nut yoghurts                                                        wasteful hospitality, LGBT+ tourism,
Plus why chlorella and caffeine                                                                           and jellyfish crisps will be on the tip of                                                  repurposed resorts and purpose-
hydration will be in high demand.                                                                         everyone’s tongue next year.                                                                driven travel. Plus Clear shows how
                                                                                                                                                                                                      biometrics can be used to reduce
Opinion: Michael Sheridan,                                                                                Viewpoint: Leo Campbell. The                                                                waiting times at airports, concert
founder of retail design agency                                                                           co-founder of the Modern Baker on                                                           venues and sports stadiums
Sheridan&Co, on why brands                                                                                how consumer expectations around
need to watch their language.                                                                             carbohydrates are changing and the                                                          Opinion: Bani Amor. The travel writer
                                                                                                          importance of introducing fibre back                                                        on why consumers need to question
                                                       IN PURSUIT OF TACTILITY BY PMS STUDIO, EINDHOVEN   into the conversation.                                                                      their reasons for exploring the world.
                                                                                                                                                         ENJOY CASINO BY FOAK STUDIO

                                                       Fintech                                                                                           Retail
                                                       Pages 16–19
                                                                                                                                                         Pages 32–35
                                                       Trends: Adaptive banking, debt-
                                                       protectors, biometric payments,                                                                   Trends: Inspirational spaces, future-
                                                       secure cryptocurrencies and reducing                                                              proof malls, data ID stores, automated
                                                       gender disparity in finance. Plus how                                                             delivery developments and frictionless
THE LOBBY BAR COCKTAILS, THE LINE HOTEL, LOS ANGELES
                                                       Plastic Bank is turning ocean detritus                                                            shopping. Plus why Choice Market
                                                       into a new form of currency.                                                                      is shaping the future of traditional

Drink                                                                                                                                                    convenience stores.                          PHOTOGRAPHY BY FLORA MACLEAN
                                                                                                          TONAL, US
                                                       Viewpoint: Anne Boden. The founder
                                                                                                                                                         Opinion: Gilles Boisselet.
Pages 8–11                                             of Starling Bank explains why traditional

Trends: Local drinks that break the
                                                       banks need to scale down and embrace               Health and                                     UNIT9’s chief science officer on
                                                                                                                                                         how gaming is creating a new
                                                                                                                                                                                                      Youth
                                                                                                          Wellness
                                                       open APIs to remain relevant.
rules, a revolution in water, low-proof                                                                                                                  breed of bold retail spaces that             Pages 40–43
drinkers, alternative intoxication and                                                                                                                   transcend language barriers.
                                                                                                          Pages 24–27                                                                                 Trends: Acne positivity, the backlash
elevated energy drinks. Plus the inside                                                                                                                                                               against bullying, Insta-dating, feminist
story on essential 2019 ingredients,                                                                      Trends: Biorhythmic brands,                                                                 fighters in South Korea and the rise
Theacrine power-ups and jun tea.                                                                          pregnancy wellbeing, blockchain                                                             in spirituality. Plus a spotlight on
                                                                                                          healthcare, at-home fitness technology,                                                     rising Lagos-born film-maker and
Viewpoint: Jim Meehan. The
                                                                                                          adaptive clothing for athletes. Plus how                                                    photojournalist Dafe Oboro.
bartender and author discusses the
                                                                                                          BioSay is using smartphone sensors to
importance of moderation and what                                                                                                                                                                     Viewpoint: Arnold Ma. The CEO of
                                                                                                          measure physical and emotional states.
legalised marijuana will mean for                                                                                                                                                                     marketing agency Qumin discusses
alcohol brands in the coming year.                                                                        Viewpoint: Lea van Bidder. The CEO                                                          how future Chinese youth subcultures
                                                       WEALTHSIMPLE
                                                                                                          of AVA Science on creating a more                                                           will revolve around rebellion.
                                                                                                          open discussion around fertility and how       GLOSSIER
                                                                                                          attitudes to pregnancy are evolving.
Future Forecast 2019 - The Future Laboratory
FUTURE FORECAST : 2019                            BEAUTY : 4

Beauty
Two competing beauty narratives will thrive in 2019, one about
self-care and the other about a search for perfection

                                                                                    CLEAN MARKET, NEW YORK
Future Forecast 2019 - The Future Laboratory
FUTURE FORECAST : 2019                                                                                   BEAUTY : 5

The zeitgeist in beauty continues to focus
on body positivity and celebrating diversity.                                                 2.          Transgender
                                                                                                          Cosmetics                        Trending
In more traditional categories like shaving
there is a shift away from unrealistic ideas of
                                                                                             The conversation about the importance
                                                                                             of make-up as a powerful tool for self-       Ingredients:
                                                                                             expression has until now largely focused
perfection and an acceptance that au naturel                                                 on cis women, but brands are now              CAFFEINE HYDRATION
is desirable. A large part of this conversation                                              turning their attention to creating the       While hyaluronic acid has long been
                                                                                             cosmetics and tutorials that transgender      on the lips of any beauty consumer
is an acceptance that as identity continues                                                  women need to feel empowered.                 in search of skin salvation, a rising
along a fluid trajectory, beauty brands need to                                              One of the biggest difficulties faced         star when it comes to hydration
move beyond binaries and consider the needs                                                  by transgender women is disguising            is caffeine. A recent study by the
                                                                                             beard hair, both before and during            Estée Lauder Companies’ research
of all consumers. On the other hand, as beauty                                                                                             and development team found that,
                                                                                             hormone replacement therapy (HRT).
technologies gain in popularity, consumers are                                               Unisex make-up brand Jecca Makeup,
                                                                                                                                           when applied topically, caffeine
                                                                                                                                           boosts skin hydration significantly.
becoming increasingly desensitised to cosmetic                                               part of L’Oréal’s beauty accelerator
                                                  FLAMINGO BY HARRY’S                        at Station F in Paris, has specifically
surgery and are seeking ways to achieve the                                                  formulated its Correct & Conceal

                                                  1.
same ideals of perfection offline that they                Shaving                           palette with pink hues to counteract
see online. And with technology increasingly               Rebranded
                                                                                             the blue tones caused by beard shadow.
                                                                                             ‘Make-up plays a huge role through
shaping the skincare industry, haircare is                                                   a male-to-female transition,’ says
                                                  Shaving has reached a juncture.
not far behind as consumers turn to tools         Figures from Euromonitor show that         founder Jessica Blackler. ‘It can help
                                                                                             you feminise your face and present
that not only style hair but also replenish it.   the male grooming market is expected
                                                  to be worth more than £47bn ($60bn,        yourself the way you feel inside.’
                                                  €52.8bn) by 2020, while the percentage     Building on the theme of empowerment
                                                  of young women aged between 18 and 24      through cosmetics, Fluide is a brand
                                                  shaving their underarm hair fell from      for ‘all gender expressions and skin
                                                  84% in 2014 to 77% in 2016, according      tones’. Although the brand is not
                                                  to Mintel. As a result, a new wave of      specifically aimed at transgender
                                                  brands are taking a more nuanced           women, it perpetuates the idea that
                                                  and inclusive approach to body hair.       make-up can be a powerful tool
                                                  US male grooming brand Dollar              of self-expression for everyone.

                £47bn
                                                  Shave Club explores the honest ways
                                                   in which men go about shaving in its
                                                    advert, Get Ready. The ad, which
                                                      celebrates men as they go about
                                                      their individual and conventionally
                                                                                                                                        LEE O’CONNOR FOR FLUIDE, US
                                                      embarrassing grooming habits
                   the projected value                such as shaving their pubic hair or
                  of the male grooming                taking candlelit baths, was inspired
                      market by 2020                 by research undertaken by the                                                       ‘Make-up plays a huge role
                                                    brand in order to discover what their
                                                   customers really do in the bathroom.
                                                                                                                                          through a male-to-female
                    Source: Euromonitor           In the female shaving category, brands                                                  transition. It can help you
                                                  such as Billie are accepting that
                                                  traditional hair removal is becoming                                                    feminise your face and present
                                                  a lower priority for women. Its Project
                                                  Body Hair brings together imagery and
                                                                                                                                         yourself the way you feel inside’
                                                  videos of women opting to shave, style
                                                  or otherwise maintain their body hair.                                                  Jessica Blackler, founder, Jecca Makeup
                                                                                             FLUIDE, US
Future Forecast 2019 - The Future Laboratory
FUTURE FORECAST : 2019                                                                                                        BEAUTY : 6

                                                                                                                                                                        ‘People are more concerned about
                                                                                                                                                                         chemicals and toxins. With hair in
                                                                                                                             Trending                                    particular, with all the colouring,
                                                                              4.        Mimicry
                                                                                        Skincare
                                                                              With non-invasive procedures becoming
                                                                                                                             Ingredients:
                                                                                                                             CHLORELLA
                                                                                                                                                                         heat styling, over-processing going on,
                                                                                                                                                                         damage is more prevalent than ever’
                                                                              routine, a new genre of skincare               This algae-based ingredient is
                                                                                                                                                                        Melisse Shaban, founder and CEO of haircare brand Virtue Labs
                                                                              products is designed to replicate              causing a stir in both the skincare
                                                                              dermatological and surgical results            and haircare sectors. Richer in
                                                                              for those who want the smooth effect           chlorophyll than its sister superfood,
                                                                              without the syringe. Canadian beauty           spirulina, and full of nourishing
                                                                              guru Nannette de Gaspé is working on           vitamins and minerals, chlorella
                                                                              a new line that will have the same effect      assists with the formulation of new
                                                                                                                             blood vessels – helping to diminish
                                                                              as mesotherapy – an injection cocktail
                                                                                                                             skin redness – as well as stimulating
                                                                              of vitamins – without the needles. The
       WTHN, NEW YORK                                                                                                        the production of keratin in hair.
                                                                              masks deliver results with ‘no needles,
                                                                              no pain, no bruising, no downtime and a

                                   3.
                                                                              real delivery of actives’, says De Gaspé.

                                                                                                                          5.
                                            Modern
                                                                              South Korean beauty brand Starskin’s                  Prejuvenation
                                            Med Spas                          Micro-filler Mask Pack, which mimics                  Haircare
                                   Beauty treatments are no longer            the effect of micro-needling, and
                                   confined to the vanity table or the spa.   Spanish brand Natura Bissé’s recently       Just as the idea of prejuvenation – a
                                   Increasingly, aesthetic treatments         launched Inhibit High Definition            portmanteau of rejuvenation and
                                   are seen as part of a person’s regular     treatment also take a no-needles            prevention – has become pertinent in
                                   personal care regime, and medical          approach to beauty. The latter is a         the skincare sector, so this idea, through
                                      spas are becoming popular               system that combines a daily intensive      advances in technology, is now being

         17%
                                        sites for consumers seeking           serum with weekly patches to fill           translated into haircare. Typically,
                                          to upgrade their look.              wrinkles and smooth expression lines.       heated styling tools are associated
                                                                              ‘These products offer an alternative for    with being damaging and bad for hair
                                  These hybrid medicalised                    people who want noticeable results but      health. However, the next generation
                                   beauty spaces are touting                  in a more natural way,’ says Patricia       of styling tools will improve hair
                                   their medical credentials,                 Fisas, senior vice-president of research    quality and health by reprogramming
  of patients at US medical         but without the clinical                  and innovation at Natural Bissé.            the entire hair structure.
                                    coldness of a doctor’s surgery.
spas in 2017 were Millennials      The Clean Market is a                                                                  Japanese technology company
                                   New York wellness spa that                                                             Lumielina launched Repronizer, a
     Source: The American         combines the latest trends                                                              hairdryer that uses programming
      Med Spa Association       to come from the world of                                                                 technology at a quantum level
                               wellness such as cryotherapy                                                               to increase moisture and add
                             and adaptogenic smoothies,                                                                   shine. While the wind and heat of
                           with medical-grade supplements                                                                 conventional dryers damage, dry and
                          such as B Activ by Xymogen and                                                                  compromise strands, the Repronizer
                          Metagenics PhytoMulti, which can                                                                reprogrammes and rebalances
                          only be stocked by a medical doctor.                                                            processed, damaged hair – restoring
                                                                                                                          hair quality strand by strand.
                                   Elsewhere in New York, New York
                                   Dermatology Group (NYDG),                                                              In addition, Dyson has launched
                                   a clinic staffed by board-certified                                                    the Airwrap, a styling tool that uses
                                   dermatologists, recently opened            NANNETTE DE GASPÉ FACE AND BODY MASKS       aviation aerodynamics to curl hair
                                   its Integral Health & Wellness                                                         at temperatures no higher than
                                   wing. Situated two floors below the                                                    150°C. High-pressure air is driven
                                   clinic, the wing blends together                                                       through six slots in a cylindrical
                                   holistic and medical treatments in                                                     barrel before flowing in a circular
                                   a luxurious and refined setting.                                                       motion and creating a mini-vortex.           CLEAN MARKET, NEW YORK
Future Forecast 2019 - The Future Laboratory
FUTURE FORECAST : 2019                                                                                                      BEAUTY : 7

Opinion:
Blokes and Beauty
Michael Sheridan, founder of retail
design agency Sheridan&Co, on why                                                 market is unlikely to overtake                                                           male consumers effectively.
brands need to watch their language.                                              the women’s market any time                                                              Its monochrome brand identity
                                                                                  soon, the sector is clearly on                                                           is minimalistic, modern and
                                                                                  an upwards trajectory. So how                                                            masculine – from concealer
                                                                                  can fledgling brands stand out                                                           to cover-up, its proposition
                                                                                  in what is expected to be an                                                             is aspirational, luxury and
                                                                                  increasingly crowded space?                                                              positioned as a tool for
          Whereas women’s cosmetics                                                                                                                                        optimising a man’s best physical
                                                                                  Product positioning will be
          have focused heavily on the                                                                                                                                      features. It’s empowering
                                                    ‘#beautyboys                  crucial in ensuring that male
          tenets of beautification, modern                                                                                             THE Y CODE BY SHERIDAN&CO           rather than effeminate, and it’s
                                                    has given rise                cosmetics become as inclusive
          men’s cosmetics have, to date,                                                                                                                                   a message that is beginning
                                                    to a counter-                 as possible, attracting custom                      of racial inclusivity in cosmetics
          centred on subtle enhancement,                                                                                                                                   to resonate with men in the
                                                   movement that                  from men who have never                             with her Fenty make-up range,
          correction and refinement,                                                                                                                                       mainstream.
                                                      challenges                  experimented with make-up                           gender diversity is entering the
          a barely there aesthetic that
                                                 traditional notions              before. There is also a distinct                    domain with a clear message:         With that in mind, brand
          complemented rather than
                                                   of masculinity’                opportunity for brands to                           masculine men wear make-up.          language must also be
          masked the face. But perhaps
                                                                                  contribute meaningfully to                                                               carefully balanced. Terms
          the time has come for men to
                                                                                  the men’s make-up sector by                         MMUK Man has done this               like ‘guyliner’ have a lot to
          reclaim the act of wearing make-
                                                                                  breaking down social barriers. In                   exceptionally well by responding     answer for in terms of putting
          up, albeit in a modern way – one
                                                                                  the same way that music artist                      to an identified gap in cosmetics    ordinary men off cosmetic
          that allows them to look the best   while 15% of UK men under
                                                                                  Rihanna shed light on the lack                      retail that has failed to serve      experimentation. Instead,
          possible version of themselves,     the age of 45 bought make-up
                                                                                                                                                                           functionality and transparency
          without fear of judgement or        in 2016 (sources: Euromonitor,
                                                                                                                                                                           must sit at the forefront of brand
          stigmatisation.                     Mintel). Men’s cosmetics was
                                                                                                                                                                           communications, with language
                                              also a stand-out category at
          Indeed, industry forecasts are                                                                                                                                   that is clear and unfussy in order
                                              this year’s Cosmoprof beauty
          promising. The male beauty                                                                                                                                       to have impact.
                                              trade show, with a plethora
          and grooming market is set
                                              of start-ups representing an                                                                                                 Brands entering the male
          to be worth more than £47bn
                                              emerging generation of male                                                                                                  beauty field must show that
          ($60bn, €53bn) by 2020,
                                              beauty brands. Meanwhile, the                                                                                                they understand male consumer
                                              #beautyboys trend – buoyed                                                                                                   unease and at the same time
                                              by social media – has given                                                                                                  must confront societal concerns.
                                              rise to a counter-movement that                                                                                              The ability to offer a genuine,
                                              challenges engrained, traditional                                                                                            transparent and values-driven
                                              notions of masculinity.                                                                                                      brand will be currency that
                                                                                                                                                                           cynical and hard-to-persuade
                                              Of course, this is just the
                                                                                                                                                                           male consumers will both
                                              start of the journey. While the
                                                                                                                                                                           understand and buy into.
                                              male grooming and cosmetics

          THE Y CODE BY SHERIDAN&CO                                               THE Y CODE, A CONCEPT MEN’S BEAUTY BRAND BY SHERIDAN&CO
Future Forecast 2019 - The Future Laboratory
FUTURE FORECAST : 2019                                                            DRINK : 8

Drink
In the coming year, beverages will be designed to foster
the health of both consumer and planet

                                                                                    THE LOBBY BAR COCKTAILS AT THE LINE HOTEL, LOS ANGELES
Future Forecast 2019 - The Future Laboratory
FUTURE FORECAST : 2019                                                                                 DRINK : 9

                       With climate change wreaking havoc on
                       ingredient production, traditional ideas
                       of provenance are evolving within both
                                                                                                                    7.       Neo H20
                                                                                                                    When it comes to dining and socialising,
                                                                                                                                                               ‘One of the challenges was how to
                                                                                                                                                                deal with people who came in asking
                                                                                                                                                                for prosecco. So we formulated a
                       the wine and the spirit sectors. Indeed,                                                     water has always held a place at the        draught cocktail to have a very
                       when it comes to wine, traditions are
                                                                                                                    table, but typically as an adjunct          similar flavour profile to prosecco
                                                                                                                    to soften the effect of wines, beers
                       also being rewritten at the dinner table                                                     and spirits. But with consumers’            even though it’s made with gin’
                                                                                                                    growing awareness of the effect of
                       with water being elevated and often now                                                      alcohol on their health and wellbeing,     Paul Mathew, owner,
                       taking precedence as the beverage of                                                         attitudes to drinking are altering.        The Hide and The Arbitrager
                       choice. Derived in part from a growing                                                       Made with grape skins and seeds,
                       awareness of the effects that alcohol         ARABESCHI DI LATTE, BROMPTON DESIGN DISTRICT   Israeli start-up Wine Water has
                                                                                                                    created O.Vine, a ‘near water’ that

                                                                     6.
                       and sugar have on health, consumers
                                                                                Displaced                           converts the by-products of winemaking
                       are moderating their drinking habits                                                         into a non-alcoholic, low-calorie water-
                                                                                Drinks                              wine hybrid. Positioning O.Vine for
                       to fit their healthier lifestyles. As                                                        evening drinking, the product has
                                                                     In our 2018 Future Forecast report
                       alcohol loses favour among consumers,         we looked at how narratives around             won interest from health-conscious
                       cannabis-infused drinks are offering an       drinks were strongly linked to terroir         Millennials and pregnant women,
                                                                                                                    however its target audience are foodies
                       alternative for those still seeking some      but as environmental and geopolitical
                                                                                                                    that enjoy drinking during meal times.
                                                                     factors increasingly come into play the
                       form of intoxication and sugar-laden          idea of provenance is becoming more            Available still or sparkling, and in
                       energy drinks are being replaced by           nuanced. The focus is moving towards           red or white varieties, it is described
                                                                     flavour rather than the typical rules          as refreshing and satisfying to drink.
                       more health-conscious alternatives.                                                          Californian brewer Lagunitas has
                                                                     and regulations that define spirits.
                                                                     Empirical Spirits, a distillery in             toyed with the traditional ingredients
                                                                     Copenhagen, is questioning whether             of alcohol to produce HopWater, an
                                                                     gin must include juniper or why spirits        IPA-inspired sparkling water that
                                                                     must contain a certain percentage of           mimics the taste of beer without the
                                                                     alcohol. One of its first launches, for        alcohol, carb or calorie content. ‘Think
                                                                     instance, Easy Tiger, combined local           of it like a club soda with soul,’ says
                                                                     Douglas fir and juniper with a base            Lagunitas brewer Jeremy Marshall.
                                                                     ferment made with local barley and                                                        THE HIDE BAR, LONDON
                                                                     koji, a type of fungus used in Japanese
                                                                     cooking. It is simultaneously local
                                                                     and a spirit without classification.
                                                                     Cocktail bars and bartenders are also                                                         Trending
                                                                     increasingly going hyperlocal in their
                                                                     ingredients and spirits. In London, Paul
                                                                                                                                                                   Ingredients:
                                                                     Mathew is a consultant and owner of
                                                                                                                                                                   THEACRINE POWER-UPS
                                                                     The Hide and The Arbitrager, two
                                                                     bars that both serve drinks that are                                                          Derived from sources such as the
                                                                     distilled, brewed, fermented or produced                                                      kucha tea leaf and cupaçu fruit,
                                                                     within a 35km radius of London.                                                               Theacrine shares many similarities
                                                                                                                                                                   with caffeine both chemically and in
                                                                                                                                                                   effect, but without the associated
                                                                                                                    WATER FUTURES BY A/D/O AND JANE WITHERS
WITT GLASS OBJECTS BY EMILIEN JAURY. PHOTOGRAPHY BY JOHANNES BAUER                                                                                                 highs and lows. The key ingredient
                                                                                                                                                                   in eSports supplement brand
                                                                                                                                                                   Reloaded’s range of drinks sachets,
                                                                                                                                                                   it is said to enhance gamers’
                                                                                                                                                                   neuromuscular performance,
                                                                                                                                                                   decision-making and memory recall.
Future Forecast 2019 - The Future Laboratory
FUTURE FORECAST : 2019                                                                                                DRINK : 10

                                                                                                                        10.          Elevated
                                                                                                                                     Energy Drinks

                              8.
                                                                                                                        The energy drinks industry is coming
                                       Low-proof                                                                        under repeat attack, with consumer
                                       Drinkers                                                                         groups, retailers and governments
                                                                                                                        raising concerns about the negative
                             Bars and restaurants are catering to                                                       health impact of its products, especially
                             the moments when on-off drinkers                                                           on children. Capitalising on this
                             choose not to drink. Restaurants that                                                      growing concern, challengers are
                             already offer juice flights – a type of                                                    entering the market with healthier
                             non-alcoholic pairing menu – for non-                                                      alternatives with a major part of this
                             drinking customers will experiment                                                         shift positioning ready-to-drink coffee-
                             with unique concoctions that push                                                          based products as potential substitutes.
                             the boundaries of the soft drink.
                                                                                                                        Coldbrew coffee brand Sandows
                             Cantonese restaurant Hakkasan’s             LIMITED-EDITION COGNAC BOTTLE BY MARC NEWSON   recently launched a carbonated, canned
                             Orchard List is an esoteric menu of 29                                                     version of its coffee drink designed

                                                                         9.
                             non-alcoholic drinks inspired by Asia,                                                     to compete with sugar-laden sodas
                             including kombuchas, salted juices,                   Alternative                          and energy drinks. ‘We are looking to
                             wood-aged waters and a new drinks                     Intoxication                         position the new [cans] alongside their
                             category, mai shin, a rice and tea                                                         functional competitors, such as Coca-
                             infusion inspired by the sake brewing       In many areas around the globe,
                                                                                                                        Cola and Red Bull, rather than iced
                             process. Similarly, London’s Clove Club     laws around marijuana consumption
PUNCHY, UK                                                                                                              coffee brands, with the aim for them to
                             has also developed a dedicated menu for     are easing. In October this year,
                                                                                                                        become an everyday staple,’ explains
                             non-drinkers, allowing its guests to pair   Canada became the first G7 country
                                                                                                                        Sandows’ co-founder Hugh Duffie.            AURORA ELIXIRS, US
                             their eight-course tasting menu with        to legalise cannabis, while in the UK
                             the option of two non-alcoholic flights     51% of Britons support the idea that           New-entrant Flyte is described as
                             which include teas, juices and infusions.   marijuana should be available to               a ‘clean energy drink’. Made with
                                                                         purchase in a shop, in the same manner         green coffee beans and maca root, it
                             Elsewhere, New York restaurant
                             Atera has created Champine, its own
                                                                         as alcohol and tobacco (source: BMG
                                                                         Research). This greater acceptance of
                                                                                                                        is free from added sugar and contains
                                                                                                                        only 40 calories per serving. ‘We
                                                                                                                                                                    ‘There’s growing
                             non-alcoholic sparkling beverage,
                             in response to the lack of wines and
                                                                         weed alongside a declining interest in
                                                                         alcohol is driving a growing appetite
                                                                                                                        are on a mission to create a positive
                                                                                                                        energy drink range that will clean up
                                                                                                                                                                     consumer demand for
                                    champagnes for non-drinkers
                                       on restaurant menus. To try
                                                                         for cannabis-infused drinks that
                                                                         recreate the enjoyment of alcohol
                                                                                                                        the category,’ say co-founders Luke
                                                                                                                        Raskino and Jonathan Reeves.
                                                                                                                                                                    products that genuinely
                                           Champine, customers
                                              must book one of
                                                                         without the full psychotropic effects.                                                      deliver on functionality

               51%
                                                Atera’s temperance
                                                  pairings, which
                                                                         California Dreamin’s cannabis soda
                                                                         is a bottled carbonated fruit juice,
                                                                                                                           Trending                                 without compromising
                                                   is promoted
                                                    alongside its
                                                                         laced with 10mg THC to offer a ‘light,
                                                                         fun buzz’, while the brewing company              Ingredients:                              on taste or health’
                                                     more expensive      Lagunitas has created Hi Fi Hops,
                                                     wine option.        a THC-infused sparkling water. New                JUN TEA                                  Luke Raskino and Jonathan Reeves, co-founders, Flyte
             of Britons support the                                      craft breweries like Nevada-based
                                                                                                                           Often referred to as the champagne
              idea that marijuana                                        Two Roots Brewing Co. and Ceria
                                                                                                                           of kombucha, jun differs in two key
                                                                         Beverages are dedicating themselves
             should be available to                                      to non-alcoholic canna-beer, which is             ways. It is made using green tea
                                                                                                                           rather than black tea, and is fed
               purchase in a shop                                        invariably less calorific than traditional
                                                                                                                           using honey rather than the more
                                                                         beer due to the lack of alcohol.
                                                                                                                           traditional cane sugar solution.
              Source: BMG Research                                                                                         Jun tea’s more accessible flavour
                                                                                                                           profile – it is milder and has fewer
                                                                                                                           harsh vinegar notes than kombucha
                                                                                                                           – means it has potential to appeal
                                                                                                                           to an even broader audience.
FUTURE FORECAST : 2019                                                                                              DRINK : 11

Viewpoint:
Jim Meehan
The bartender and author discusses the importance
of moderation and what legalised marijuana will                                             a respectful relationship with                                                I’d love to see more people drink
mean for alcohol brands in the coming year.                                                 your guests.                                                                  and everyone drink less, so I’m
                                                                                                                                                                          not worried that the younger kids
                                                                                            If you look at some of the data
                                                                                                                                                                          are drinking less. I think it’s a
                                                                                            coming out of the US, a lot
                                                                                                                                                                          sign that there’ll be a course for
                                                                                            of the drinking is being done
                                                                                                                                                                          action that is a great event. I’m
                                                                                                                                                                          very enthusiastic about it. The
          Why do you think we should be                drinking and bar culture because                                                                                   one thing that I’m most aware of
          talking about moderation?                    it’s important in life.                     ‘Drinking in                                                           is that as marijuana is legalised
                                                                                                  the US is done                                                          in many places in the US, many
          Society at large is in the process           Should bars encourage their
                                                                                                    by a small                                                            young people who are thinking
          of demonising alcohol and drinks.            customers to drink less? If so,
                                                                                                percentage of the                                                         about drinking are looking at
          One of the things I found as I               how can they do this?
                                                                                                 population. The                                                          the health benefits and cost
          looked at the history of drinking is                                                                                  MEEHAN’S BARTENDER MANUAL BY JIM MEEHAN

                                                       Should bars be encouraging                rest don’t drink                                                         of drinking versus marijuana
          that sometimes society loses sight
          of the importance of moderation,             people who drink too much to               much, if at all’              waitresses in skimpy outfits to
                                                       drink less, or discourage binge                                          serve shots, or get people to
          not just in drinks but in all things. If
                                                       drinking in a single outing?                                             drink on beaches in a beach
          we take a step back, we can see                                                                                                                                        ‘People are
                                                       Absolutely. But I think that going                                       hut. You have to think, what are
          exercise is a good thing, but too                                                 by a small percentage of the                                                          choosing
                                                                                                                                the things that you’re doing and
          much exercise isn’t. Essentially,            out and executing this is very
                                                                                            population, and the rest of the                                                    marijuana over
                                                                                                                                what do they lead to? I don’t
          moderation is important in                   complicated and involves having      population don’t drink very                                                     alcohol because they
                                                                                                                                think brands and bars need
                                                                                            much, if at all. I would love to                                                  think it’s a safer
                                                                                                                                necessarily take a paternalistic
                                                                                            see people who don’t drink at all                                                     way to get
                                                                                                                                approach, but you have to
                                                                                            to drink sometimes. I think that                                                    intoxicated’
                                                                                                                                understand that, in environments
                                                                                            would be a more healthy and         where people are impressionable
                                                                                            sustainable way for us to grow      and perhaps anxious, alcohol
                                                                                            our industry, by spreading it out   can go from being a stimulus              consumption – and they’re
                                                                                            and tilting the board in favour     for conversation and rapport              choosing marijuana. I would
                                                                                            of moderation and not binge         to something that can be quite            argue that one of the reasons that
                                                                                            drinking.                           damaging and toxic.                       people are choosing marijuana
                                                                                            How can alcohol brands              It’s often reported that                  over alcohol is that they think it’s
                                                                                            work with bartenders to             younger consumers are more                a safer way to get intoxicated.
                                                                                            better educate consumers on         health-conscious and not as               This shows that health is wrapped
                                                                                            moderation?                         interested in alcohol as previous         up in consumer decisions, so
                                                                                                                                generations. How do you think             the drinks industry needs to
                                                                                            Often, beer and spirits brands
                                                                                                                                this will affect bar menus in the         look at it as good business.
                                                                                            sponsor cheap drinks, perhaps
                                                                                            in a college town, or dress up      coming year?

           VERT CANNABIS BRANDING BY GRDN AND L’ÉLOI
FUTURE FORECAST : 2019                                                 FASHION : 12

Fashion
A greater understanding of the strain that fast fashion is
putting on the environment is creating a new consumer
that focuses on the digital rather than the material
                                                                                      DEEP BY THE FABRICANT AND AMBER JAE SLOOTEN
FUTURE FORECAST : 2019                                                                                     FASHION : 13

                 As the fashion industry grapples with
                 existential questions about supply chains
                 and over-consumption, digitisation is offering
                 a new route for consumers still seeking to
                 engage with clothing brands. Advances in
                                                                                                                  12.             Optimised
                                                                                                                                  Wardrobes
                                                                                                                  The movement to digitisation does
                 technology will mean that brands can create                                                      not necessarily mean that people will
                 ever more realistic-looking digital garments                                                     no longer own physical clothing, but
                                                                                                                  that they will be more aware of the
                 for avatars online, while machine learning                                                       clothes they already own. A cluster of
                 will help to guide people on what to wear in                                                     start-ups are using AI and data to help
                                                                                                                  consumers build smarter wardrobes.
                 real life. Convenience has long triumphed
                                                                                                                  Finery is one company that is trying
                 in the realm of fashion, but next year it will
                                                                                                                  to help users make more of their
                 become clear that consumption does not                                                           clothing through its digitised wardrobe
                 always have to be the enemy of sustainability.                                                   service. Through machine learning,
                                                                                                                  it suggests outfit combinations, using
                 New digital tools will also reform the way                                                       the shopping habits of other users
                 that brands sell to consumers, ensuring that                                                     and a database of more than 1.5m
                                                                  ADDRESS THE FUTURE IN COLLABORATION WITH PERL
                 garments are only produced when necessary                                                        blogger images of tagged outfits for
                                                                                                                  reference. The platform also becomes

                                                                  11.
                 and that transactions are transparent.
                                                                                Digital                           smarter over time, taking into account
                                                                                                                  what is already in users’ wardrobes
                                                                                Gratification                     to offer novel combinations.
                                                                  With tech-driven tools now available            While other apps in this area require
                                                                  to designers, and consumers more                a lot of time for users to catalogue
                                                                  attuned to enjoying digital ephemera,           garments in their wardrobes, Save
                                                                  a new breed of fashion designers are            Your Wardrobe’s management system
                                                                  creating garments for online enjoyment          aims to make it almost subconscious. As
                                                                  only. Not only can these creatives              soon as a customer buys an item online,
                                                                  use digital rendering to create on-             the app will automatically upload it to
                                                                  demand pieces, but the digital realm            the digital wardrobe. AI technology also
                                                                  offers a space where they can push              scans emails and online retail accounts
                                                                  the boundaries of what is possible.             to find users’ latest online purchases.
                                                                  London-based 3D designer Catherine
                                                                  Taylor creates hyper-realistic virtual                                                     CATTYT AND VETEMENTS AND NIKE
                                                                  clothing that, when animated, still has
                                                                  the movement and physical properties
                                                                  of real fabrics. Elsewhere, designer
                                                                  Sasha Gudkova’s Optic White
                                                                  project renders digital garments,                                                          ‘Data is often viewed as a cold
                                                                  exploring the way clothes fold, crumple

IN PURSUIT OF TACTILITY BY PMS STUDIO, EINDHOVEN
                                                                  and change shape when worn.                                                                 entity, but it can be used in a more
                                                                  The Norwegian retailer Carlings wants                                                       intelligent way when you read
                                                                  to use digital fashion to raise awareness
                                                                  of water consumption in the industry                                                        beyond it’
                                                                  and to address the throwaway culture
                                                                  associated with fashion influencers.
                                                                                                                                                             Hasna Kourda, founder, Save Your Wardrobe
                                                                  Its 19-piece Neo-Ex collection can be
                                                                  purchased for between £8.90 ($11.35,
                                                                  €10) and £26.70 ($34, €30) before being         SAVE YOUR WARDROBE APP, UK
                                                                  digitally ‘fit’ onto a chosen photo by
                                                                  a group of digital 3D designers.
FUTURE FORECAST : 2019                                                                                                       FASHION : 14

                                                                                                                                                                          Industry
                                                                                                                                                                          Disruptor:
                                         13.         Fast (Conscious)
                                                     Fashion                                                                 15.           Blockchain
                                                                                                                                           Fashion
                                                                                                                             The fashion industry is infamous
                                                                                                                                                                          The Fabricant
                                                                                                                                                                          The Fabricant describes itself as ‘the
                                         Convenience has become a major driver                                                                                            world’s first digital fashion house’.
                                         in fashion retail, especially for time-                                             for intellectual property (IP) cases.
                                                                                                                                                                          In June 2018, it presented its first
                                         pressed consumers unable – or unwilling                                             But with originality and copyright
                                                                                                                                                                          digital collection at the Fashion
                                         – to hit the high street. A recent study                                            in design still a hot topic, fashion
                                                                                                                                                                          Clash Festival in Maastricht, showing
                                         by the Royal Mail cited convenience                                                 labels are turning to blockchain             seven designs on life-sized screens.
                                         (49%) as a key reason that UK shoppers                                              as a solution that could safeguard           ‘We’ve been displaying fashion in
                                         go online instead of in-store. But a                                                the value chain of design.                   the same way for more than 100
                                         series of new apps are making it easier                                             French haute-couture designer Julien         years. It’s always on a catwalk or in
                                         to integrate sustainable fashion choices                                            Fournié explored this with DasCoin, a        editorial images,’ says Amber Jae
                                         into consumers’ busy lifestyles.                                                    company that offers blockchain-based         Slooten, The Fabricant’s co-founder
                                                                                    ETHICAL TIME APP                                                                      and creative director. ‘[We] want to
                                         Ethical Time, for example, is a free                                                products and services to enterprises and
                                                                                                                                                                          set an example that fashion is more

                                                                                    14.
                                         app that was recently launched in                                                   start-ups. Using DasCoin’s technology,
                                                                                                                                                                          than that in the digital age. It’s no
                                         Spain to connect conscious consumers                      Demand-                   Fournié can store his designs using a
                                                                                                                                                                          longer necessary to sit [in the] front
                                         directly with the country’s 500                           led Design                legally recognised encrypted code that       row to fully enjoy a fashion show.’
                                         sustainable fashion labels through                                                  states when, where and who created
                                                                                    In recent decades, technology has        a specific document, with contracts,
                                         a single, convenient platform.
                                                                                    enabled the fashion industry to          non-disclosure agreements and other
                                         And with a resale market that is           transform its production, logistics      legally binding arrangements released
                                         tipped to grow by 15% a year in the        and data analysis to make each           only to authenticated partners.
                                         next four years, British department        more efficient. Yet, with fashion
                                         store chain John Lewis is getting                                                   Brands are also looking to blockchain
                                                                                    becoming faster, it is clear that
                                         involved by introducing its buy-back                                                to improve the system of selling.
MIXIMALISTE PLATFORM
                                                                                    the linear take-make-waste model
                                         scheme. Once a customer has gathered                                                OpenBazaar is an online selling
                                                                                    has fuelled an unsustainable
                                         a minimum of £50 ($64, €56) worth                                                   platform founded on cryptocurrency
                                                                                    cycle of over-consumption.
                                         of clothing, a courier will promptly                                                payments. With no monthly access or
                                                                                    Three-dimensional virtual prototyping    listing fees, users can sell whatever
                                         collect the items and a John Lewis
                                                                                    programmes such as CLO are giving        they like, but are paid in one of more
                                         gift card matching the value of the
                                                                                    fashion designers the tools to design    than 50 supported cryptocurrencies.
                                         items will be emailed through.
                                                                                    garments in digital form, without        Unlike other resale platforms, users
                                                                                    the need to cut out a physical pattern   are in complete control of what is
                                                                                    or sew a seam. The software uses         in their store and their data.
                                                                                    virtual avatars and equivalent digital
                                                                                    fabrics to check the fit of a piece,
                                                                                    experiment with print or pattern
                                                                                    positioning, as well as change zips
                                                                                    and trims at the click of mouse.
                                                                                    One company using such software
                                                                                    is Atacac, which defines itself as                                                  ‘We want to set an
                                                                                                                                                                         example. It’s no longer
                                                                                    more of a fashion experiment than a
                                                                                    brand. It creates its designs, such as
                                                                                    jackets and trousers, as 3D digital
                                                                                    renderings, which are then presented
                                                                                                                                                                         necessary to sit in the
                                                                                    online for consumers to buy. Through
                                                                                    this approach, Atacac’s collections
                                                                                                                                                                         front row to fully enjoy
                                                                                    are designed and offered for sale                                                    a fashion show’
                                                                                    before they are physically created.
                                                                                                                             POSH_SPACE PHYGITAL FASHION FACTORY
                                                                                                                                                                        Amber Jae Slooten, co-founder, The Fabricant

                       SHAREWEAR BY ATACAC
FUTURE FORECAST : 2019                                                                                                         FASHION : 15

Viewpoint:
Christina Agapakis
The creative director of Ginkgo Bioworks explains
how bacteria can be genetically engineered to                                                                                           it as a way to make products that
create more sustainable products that hold                                                                                              are either difficult or at present
                                                                                               ‘There                                   unsustainable to produce.
an aesthetic as well as a functional value.
                                                                                             are a host
                                                                                         of new aesthetic                               With respect to genetic
                                                                                           opportunities                                engineering, do you think
                                                                                         when you see the                               there is a change of mindset

           What are the fundamentals           In design, and across other
                                                                                         patterns that can                              among consumers?

           of biotech?                         industries, you hear a lot about
                                                                                          be created with                               I think there is greater
                                               the circular economy, from waste
                                                                                             bacteria’                                  awareness and eagerness to           FABER FUTURES AND GINKGO BIOWORKS
           As a biologist, I’m obsessed
                                               to re-use. Biology does that                                                             engage with and learn about          When it comes to using
           with bacteria and all the
                                               as a matter of course: things                                                            biology. When you think              biotech in products for the
           awesome things that biology                                             for pharmaceuticals or other
                                               grow and then they decay,                                                                about genetic engineering            mass market, how scaleable
           can do. It can grow itself, and                                         kinds of products. We also work
                                               and they do that in a beautiful                                                          and GMOs, that debate feels          are these kinds of project?
           it can do all these complicated                                         with yeasts and other bacteria,
                                               linked way. So can we tap into                                                           so intractable and so tied to
           and intricate things on its own,                                        engineering their genes so that                                                           Right now they’re still small-
                                               that in our engineering and our                                                          agriculture, but there is more
           using just sunlight and a little                                        we can use them to reproduce                                                              scale, but it’s growing and
                                               technology to make more circular,                                                        to genetic engineering and
           bit of sugar. You have plants                                           different things. We understand                                                           changing. In terms of Natsai’s
                                               more sustainable technology?                                                             there’s more to get excited
           that grow and make all these                                            the power of biology across                                                               work, it’s still quite a craft. What
                                               There are a whole host of new                                                            about. I think we’re starting
           beautiful shapes and colours,                                           many industries, with fashion                                                             she was able to get at Ginkgo
                                               aesthetic opportunities when                                                             to see more engagement,
           and bacteria can also do these                                          being just one of them. We see                                                            was certainly bigger than a Petri
                                               you see the patterns that can                                                            which is really exciting.
           incredible things on a minuscule                                                                                                                                  dish, but nowhere near mass-
                                               be created with bacteria.
           scale. If you compare how                                                                                                                                         market. Finding the challenges
           we manufacture things with          What does your brand,                                                                                                         in the scaling process and
           petrochemicals and how biology      Ginkgo Bioworks, do?                                                                                                          starting to outline what that
           can create [things] sustainably,                                                                                                                                  [mass market] might start to
                                               We work with different
           you can see there are so many                                                                                                                                     look like is a big part of what
                                               companies in the capacity of
           opportunities to develop a                                                                                                                                        Natsai thinks about in her work
                                               creative consultants focused
           biological way of doing things.                                                                                                                                   and in her own consultancy,
                                               on biology. Ginkgo builds a
                                               lot of the tools that someone                                                                                                 Faber Futures. Bolt Threads, in
                                               could use to engineer cells to                                                                                                particular, has done a small run
                                               make different things. We’re                                                                                                  of products. First it released
                                               working with the bacteria                                                                                                     a necktie, then a hat and then
                                               that designer and founder of                                                                                                  it collaborated with Stella
                                               Faber Futures, Natsai Chieza,                                                                                                 McCartney. It is hinting that there
                                               uses to produce pigments; for                                                                                                 will be more products on the
                                               example, to produce other kinds                                                                                               market soon, which indicates
                                               of molecules, whether that be                                                                                                 the business is growing.

           FABER FUTURES AND GINKGO BIOWORKS                                       FABER FUTURES AND GINKGO BIOWORKS PILOT RESIDENCY, 2017. PHOTOGRAPHY BY IMMATTERS
FUTURE FORECAST : 2019                                                    FINTECH : 16

Fintech
Financial insecurity and the threat of debt will drive
consumer spending next year as consumers demand
a financial offering that adjusts to meet their needs
                                                                                  ALEKSANDRA SZYMANSKA FOR THE FUTURE LABORATORY
FUTURE FORECAST : 2019                                                                                                        FINTECH : 17

                                                                          16.              Adaptive
                                                                                           Banking
                                                                          Some 40% of Millennials globally say

                                                                                                                                                                 Industry
                                                                          they would consider banking with online
                                                                          service providers like Google and
                                                                          Apple, while 36% would buy insurance
                                                                          from them and 46% would look to                                                        Disruptor:
                                                                          them for investment advice (source:
                                                                          Accenture). This is largely because
                                                                                                                                                                 Plastic Bank
                                                                          these technology giants have become
                                                                                                                                                                 Taking on the idea that the
                                                                          experts in tailoring their services to
                                                                                                                                                                 commodities market only benefits
                                                                          the individual needs of the customer.        N26 BY JUAN GARCIA SEGURA
                                                                                                                                                                 the rich, Plastic Bank has worked
                                                                                                                                                                 with IBM to create a new commodity

                                                                                                                       17.
                                                                          Oval Money is a free-to-use app that
                                                                          combines expense tracking, saving and                      Debt-                       around what it calls ‘social plastic’.
                                                                                                                                                                 In a bid to reduce the amount of
                                                                          investing. It uses artificial intelligence
                                                                          (AI) to track the spending habits of each
                                                                                                                                     protectors                  ocean plastic, Plastic Bank turns
                                                                                                                                                                 the material into a form of currency,
                                                                          user, and offers saving and investment       Living with economic uncertainty has
                                                                                                                                                                 encouraging communities to collect
                                                                          recommendations accordingly. The             become the norm for many consumers in     plastic that has washed ashore,
                                                                          slightly older Clarity Money, which          the US and the UK. In the UK, a survey    which is converted to digital credits
                                                                          was recently acquired by Goldman             by think tank the Royal Society for the   stored on the blockchain and then
                                                                          Sachs, similarly helps consumers             Encouragement of Arts, Manufactures       used to buy food or other goods.
                                                                          make better financial decisions by           and Commerce (RSA) found that about       This is significant because some of

          40%
                                                                          using AI to analyse and improve an           a third (34%) of UK workers consider      these collectors do not qualify for
                                         SYSTEM AESTHETICS BY FIELD
                                                                          individual’s fiscal affairs. The app         themselves to be just about managing,     bank accounts, and there is a fear
                                                                          connects to users’ current and credit        with 32% of respondents having less       that their earnings will be stolen.
                                                                          card accounts, making suggestions to         than £500 ($638, €562) in savings.
                                          As convenience culture          refinance loans, cancel subscriptions
                                                                                                                       Already tackling the issue of accruing
                                           continues to reign,            and renegotiate bills where appropriate.
of Millennials say they                    consumers will demand
                                                                                                                       wealth, automatic savings app Digit
                                                                                                                       is now diversifying its offer to help

would consider banking financial services that                                                                         consumers combat credit card debt.
                                                                                                                       The percentage of US households
                                          cater to their individual
with Google and Apple financial needs. For
                                                                                                                       carrying over credit card debt
                                                                                                                       from month to month has risen to
                                                                                                                       38% in 2018, after steadily falling
                                         Millennials, this need                                                        from 41% in 2010 (source: National
       Source: Accenture               is largely focused on debt                                                      Foundation for Credit Counseling).
                                     avoidance and financial health.                                                   A new feature in the Digit app, Digit
                                   With consumers increasingly                                                         Pay, enables users to set up a personal
                                                                                                                       credit card debt goal and a finance
                                thinking of money as a digital                                                         bot then calculates how much can be
                           entity and cryptocurrencies entering the                                                    withdrawn from the user’s current
                                                                                                                       account without compromising his or
                     mainstream, people are demonstrating much            OVAL MONEY APP
                                                                                                                       her budget. An additional Boost feature
                     higher levels of trust both in the technologies                                                   lets customers prioritise their credit
                     designed to keep their money safe and in the                                                      card debt above non-boosted goals.
                     distributed ledger technology itself. In the
                     year ahead, brands will finally take on board
                     that women will collectively control £56.5
                     trillion ($72.1 trillion, €63.5 trillion) by 2020,
                     tailoring their offering to the way that women
                     both spend and save.
FUTURE FORECAST : 2019                                                           FINTECH : 18

18.            Biometric
               Money                                                                                                          20.            Female
                                                                                                                                             Finance
                                                                                                                              With more women in well-paid work
Biometric technologies will finally
have their year, heralding a future                                                                                           than ever before and inheritance of
with more secure and streamlined                                                                                              wealth less likely to be subject to gender
payments. ‘Everyone knows they have                                                                                           disparity, women’s spending power is
to move away from knowledge-based                                                                                             increasing significantly. Women’s wealth
authentication,’ says Mark Nelsen,                                                                                            is expected to grow 7% faster than
Visa’s senior vice-president of risk                                                                                          men’s until 2020, according to Boston
products and business intelligence.                                                                                           Consulting Group, and by 2020 they are
‘It’s not sustainable.’ In this vein,                                                                                         expected to collectively control £56.5
Mastercard has announced that from                                                                                            trillion ($72.1 trillion, €63.5 trillion).
                                               IOTA
April 2019, its card users will be able                                                                                       But women often invest differently from

                                               19.
to make payments using fingerprint                                                                                            men. One of the most effective ways
and facial recognition technology.                         Beyond                                                             of developing the asset management
In the world of cryptocurrency,                            Bitcoin                                                            landscape is to ensure that more
Benjamin Hubert’s design agency Layer                                                                                         women are working in the sector.
                                               Consumer interest in cryptocurrency                                            Through education, industry outreach
has collaborated with fintech start-up
                                               is robust, but with Bitcoin proving                                            and career placement, non-profit-
Trove to create a new digital wallet
                                               problematic, the latest technology is                                          making Girls Who Invest hopes to
that offers a safer, more reliable way to
                                               ushering in a new era of transactions                                          inspire the next generation of female
store and use digital currencies. The
                                               made on a distributed ledger. While                                            portfolio managers and reach its
wearable device is made up of four parts:
                                               Bitcoin promises transparency it                                               goal of 30% of the world’s investable
Coin, Keep, Safe and the Trove app. To
                                               also opens up users’ entire payment                                            capital managed by women by 2030.
access their data and funds on the Trove
                                               history to the public and therefore
app, users must press their skin against                                                                                      UBS is also demonstrating its
                                               cannot equate to the privacy assured
the contact zone of the wearable’s                                                                                            commitment to female finance by
                                               by cash. This is the premise on which
Coin. This removable token contains a                                                                                         establishing an advisory board that
                                               Zcash has been built. Co-founded by
built-in ECG sensor that will recognise                                                                                       has already made changes to the
                                               Alessandro Chiesa, the cryptocurrency
the individual’s unique heartbeat                                                                                             way the bank communicates. Board
                                               uses zero-knowledge cryptography – a
and use it as a mode of verification.                                                                                         members have reduced the amount of
                                               method of authentication in which
                                               no passwords are exchanged – to                                                jargon used in the brand’s marketing
                                               promise secure transactions that are                                           and changed the stock images used
                                               as anonymous ‘as handing someone                                               to better portray modern women.
                                               a $20 bill from your wallet’.
                                                                                        DOLLA DOLLA WORLD BY IRREGULAR LABS
                                               Launched two years ago, and with
                                               a market value of more than £783m
                                               ($1bn, €880m) at the time of writing,
                                               Zcash ensures that data such as           Women’s wealth is expected
                                               buyer and seller location remains
                                               hidden at all times. As attested to by    to grow 7% faster than
                                               brands like The White Company, a
                                               Bitcoin-based luxury crypto-concierge     men’s until 2020
                                               service that offers gold bars, super-
TROVE WATCH BY LAYER DESIGN AGENCY AND TROVE   yachts and limited-edition Rolexes in      Source: Boston Consulting Group
                                               exchange for cryptocurrency, privacy
                                               is becoming a much sought-after
                                               luxury for high-net-worth individuals
                                               seeking to conceal their wealth.                                               PHOTOGRAPHY BY WESTON WELLS
FUTURE FORECAST : 2019                                                                                          FINTECH : 19

Opinion: Why big
banks need to scale
down to remain relevant
                                                                                                                      it to somebody else? So they        of competition, where banks are
Anne Boden, the founder and CEO of                                                                                    can actually quote on it and open   going to be competing for their
Starling Bank, explains why traditional                                                 ‘Banks are                    banking allows you to take your     part of the value chain. Some
banks need to embrace open APIs.                                                       going to be                    data to a place that’s going to     will survive and some will fail, but
                                                                                      competing for                   get you the best deal.              banks need to be much more
                                                                                     their part of the                                                    customer-centric, transparent
                                                                                    value chain. They                 How do you think the financial
                                                                                                                                                          and trustworthy, supported by
           What is the Starling              go somewhere to eat all of the
                                                                                     need to become                   sector will evolve over the
                                                                                                                                                          great technology.
           Marketplace?
                                                                                     more customer-                   coming year?
                                             individual items I’ve bought
                                                                                          centric’                    At the moment, banks are trying
                                                                                                                                                          Do you think the big high
                                             appear in my banking app.                                                                                    street banks will be able to
           Starling Marketplace is where
                                             It knows I’ve had a chicken                                              to do everything. They have the
           you can browse all the various                                                                                                                 adapt and survive?
                                             sandwich and a Diet Coke. The                                            whole value chain. They’ll do the
           apps that are connected to                                           pension information in one place
                                             two apps are talking together,                                                                               Big banks can copy all the apps
           Starling. All of these apps are                                      and send it back to Starling
                                             you connect from Starling to                                                                                 but I think the biggest challenge
           connected using Application                                          to show you what your total
                                             the Flux app and that allows                                                                                 for them is cost space. Payment
           Programming Interfaces (APIs).                                       pensions are.                                                             consulting service Optima
           It’s a very practical way of      information to flow both ways.
                                                                                Have you found there to                                                   Consultancy [this year] rated us
           expanding your offer in a way     Through the Starling Marketplace
                                                                                be a particular consumer                                                  the top bank in the UK; Monzo
           that is easy for customers to     we are also addressing savings
                                                                                demographic engaging with                                                 came second and Barclay’s came
           use. If, for example, I connect   and investments with the
                                                                                Starling Marketplace?                                                     third. Barclay’s will spend a lot of
           my bank account to the digital    PensionBee app. PensionBee
                                                                                                                                                          money copying what everybody
           receipt platform Flux, when I     can gather all of the user’s       We were very surprised by the                                             else does – they have huge
                                                                                number of people that signed          N26 BY JUAN GARCIA SEGURA           departments and budgets – but
                                                                                up for PensionBee the day                                                 what they can’t copy is others’
                                                                                we launched – we had over             app and provide all the products.
                                                                                                                                                          cost effectiveness, so they need
                                                                                1,000 in one day – so it shows        I think that the value chain is
                                                                                                                                                          to keep charging lots of fees in
                                                                                that Millennials are into more        up for destruction. At Starling,
                                                                                                                                                          order to cover those costs.
                                                                                than just avocado toast. Those        we are focusing on current
                                                                                marketplace propositions are          account banking, transactional
                                                                                very powerful. Imagine a situation    banking and categorising the
                                                                                where you want a mortgage from        transactions. Other products
                                                                                your bank. The bank has all your      like mortgage insurance are
                                                                                                                                                                ‘Big banks can
                                                                                data, it knows all about you and it   provided by other brands. In the
                                                                                                                                                               copy all the apps
                                                                                knows you’re a good credit risk. It   world going forward, the next
                                                                                                                                                                but the biggest
                                                                                can complete all your affordability   disruption will be Barclay’s, for
                                                                                                                                                              challenge for them
                                                                                statements and it may offer you a     example, providing the back-end
                                                                                                                                                                 is cost space’
                                                                                good rate. But what if you could      technology and HSBC providing
                                                                                take all that information and pass    the app. There will be that sort

           N26 BY JUAN GARCIA SEGURA
FUTURE FORECAST : 2019                        FOOD : 20

Food
As the issue of food security continues to proliferate it will
inspire new agricultural and culinary approaches, inspired
by ancient appetites and facilitated by new technologies
                                                                                          FARM.ONE, NEW YORK
FUTURE FORECAST : 2019                                                                                                                FOOD : 21

With consumers now aware that low carb
diets could shorten life expectancy, they are
returning to this once vilified food group and
                                                     21.           African
                                                                   Aromas
                                                     With health of both people and
                                                     planet increasingly at the forefront of
incorporating it as part of a healthy diet. A        consumers’ minds, ingredients like fonio
growing interest in the health benefits of           will gain importance next year. Fonio
African ingredients will see entrepreneurs           is an ancient grain grown in the Sahel
                                                     region of West Africa and traditionally
bring flavours from their homeland to                eaten by farmers as a subsistence grain.
Western consumers. In this vein, fruit and           The gluten-free ingredient, ‘has three
vegetables will become more flavoursome as           times the amount of protein, iron and
                                                     fibre of rice,’ according to Noah Levine,
taste becomes synonymous with nutritional            chief marketing officer at Yolélé Foods.
value. As concerns over climate change               Similarly high in protein is egusi, which
                                                     Yemisi Awosan, founder of refrigerated
continue to grow, consumers will next year           food brand Egunsi believes will rival
look for brands to instigate new production          acai or quinoa for superfood status.
processes that take a less energy intensive          West African flavours are also
approach and limit carbon emissions.                 infiltrating restaurant cuisine with
                                                     renowned chef JJ Johnson this year
                                                     relaunching Henry at Life Hotel with
                                                     a new menu inspired by his travels
                                                     across Africa and Asia, as well as
                                                                                                 FOOD INTERRUPTED BY PANERA BREAD
                                                     his own Afro-Puerto Rican heritage.

                                                                                                 22.
                                                     ‘Regardless of where I’ve travelled
                                                     in the world over the past five years,
                                                     I’ve always walked away with a good
                                                                                                                 Carb                        ‘Bread is not a problem. It is
                                                                                                                 Revival
                                                     culinary perspective of food through
                                                     the West African lens,’ says Johnson.       Carbohydrates have long been vilified
                                                                                                                                             incumbent upon us to make
                                                     ‘Most people don’t really know what I’m
                                                     talking about because they haven’t been
                                                                                                 for causing bloating and weight gain,
                                                                                                 but new medical studies are now
                                                                                                                                             the best bread that we can
                                                     to West Africa. So, I’m explaining that
                                                     at Henry.’
                                                                                                 helping to reframe this food group          possibly make, the healthiest
                                                                                                 as essential to a healthy lifestyle.
                                                                                                 Recent figures from The Lancet               bread that we can make’
                                                                                                 Public Health in fact found that
                                                                                                 low carbohydrate consumption is
                                                                                                                                             Blaine Hurst, CEO, Panera Bread
                                                                                                 linked to an increase in mortality.
                                                                                                 Brands like Panera Bread, which
                                                 ‘Fonio is gluten-                               recently launched its original video
                                                                                                 series, Food Interrupted, are stepping in
                                                   free, cooks in                                to educate consumers about the positives
                                                                                                  of carbs. A big part of this transition
                                               about five minutes,                                 to carbs will focus on how products
                                                                                                    are made and the quality of their
                                             and it has three times                                 ingredients, with health-conscious

FONIO GRAIN BY YOLÉLÉ FOODS
                                             the amount of protein,                                 bakers like Andina Panaderia, a
                                                                                                    Peruvian bakery in London’s Notting

                                              iron and fibre of rice’                               Hill, focusing on the slow-ferment
                                                                                                   baking of bread. This slower, more
                                                                                                  conscious bread-making process,
                                                 Noah Levine, chief marketing                    also known as slow-carb baking, is
                                                                                                 regarded as better for humans’ digestive
                                                     officer, Yolélé Foods                       systems and creates breads with a lower
                                                                                                 Glycaemic Index (GI).

                                                                                                                                             KINFOLK EDITORIAL BY LUCY RUTH HATHAWAY. PHOTOGRAPHY BY AARON TILLEY
FUTURE FORECAST : 2019                                                                                                               FOOD : 22

                                                                                                                          25.
                                  23.
                                                                                                                                          Alt Agri-Farms
                                                 Cultivating
                                                                                                                          The challenges of urban farms,
                                                 Flavour
                                  Until now the food sector has not
                                                                                                                          particularly vertical farms, is that
                                                                                                                          they tend to be very energy intensive.            Trending
                                  rewarded taste, instead preferring to
                                  breed fruit and vegetables for hardiness
                                                                                                                          Rooftop farms, however, are beginning
                                                                                                                          to showcase their potential to grow at
                                                                                                                                                                            Ingredients:
                                  and yield, but a shift in mindset is                                                    scale. They are less environmentally
                                                                                                                                                                            PILI NUT YOGHURTS
                                  occurring that makes the link between                                                   intensive than vertical farms because
                                  flavour and nutrition. Chef Dan Barber’s                                                they rely mostly on natural light and             Introduced by Lavva earlier this
                                                                                                                          there is also the land availability. In           year in its eponymous plant based

       90%
                                  seed company Row 7 has been leading
                                  the way with its Koginut, a squash that                                                 New York, the vineyard Rooftop Reds               ‘yogurt’, these nutritious nuts contain
                                                                                                                          will showcase the potential of what can           the highest magnesium content of
                                  has been stringently tested for both
                                                                                                                          actually be produced in a city with the           any nut, helping to regulate blood
                                  flavour and nutritional value. The squash
                                                                                                                          bottling of its first vintage of city-grown       pressure and lower cholesterol.
                                    was recently added to the menu at
                                                                                                                                                                            Also touted to improve cognition
                                     fast-casual salad chain Sweetgreen,                                                  grapes in 2019.
                                                                              ROW 7 SEED COMPANY, US                                                                        and reduce inflammation they offer
 less water is used                   which has bought more than 100,000                                                  Technology is also making urban                   a rich-buttery flavour and crucially

                                                                               24.
                                       seeds and has been planting                                                        farming more efficient. Iron Ox is a              deliver on the creamy texture that is
to grow 30 times the                    them across the US, testing at
                                        scale to see how they perform in
                                                                                               Climate                    California-based start-up that just               essential in any yogurt-alternative.
                                                                                               Positive Foods             launched its first fully autonomous
produce per acre of                     different climates and soils.
                                                                              With political insecurity and climate
                                                                                                                          farm, which combines hydroponics with
                                                                                                                          robotics to grow 30 times the produce
 a traditional farm                     On an even larger scale, Walmart
                                        has already developed the Sweet
                                                                              change making the fragility of our food     per acre than a traditional farm,
                                                                              systems more apparent, brands will          using 90% less water. It is a method
                                        Spark, a proprietary variety of
                                                                              demonstrate how their products ensure
 With global climates becoming         cantaloupe melon designed to be
                                                                              food security through considerate
                                                                                                                          of farming that offers food security
                                      nearly twice as sweet as a typical                                                  because of its lack of reliance on the
more unpredictable, autonomous       variety so that it delivers on flavour
                                                                              approaches to carbon. Ben & Jerry’s         climate. For instance, where traditional
  farms like Iron Ox will offer    even in the winter months. Now the
                                                                              has implemented a carbon credit pilot       farms struggled to grow lettuce in the
                                                                              program in its London Scoop shop,           UK heatwave, Iron Ox would have
     increased food security      brand is now focusing on producing
                                                                              where the company spends a penny per
                                  a tomato that has a similar profile to                                                  maintained its usual quotas.
                                                                              scoop to offset the carbon created by
                                  the San Marzano variety, an heirloom
                                                                              their ice cream. Working with Poseidon
                                  premium product originally from
                                                                              Foundation the brand creates
                                  Naples, Italy.
                                                                              microtransactions on the blockchain,
                                                                              making it easier for consumers to
                                                                              participate in the carbon credit system
                                     Trending                                 that is normally only accessible to large
                                                                              corporations.
                                     Ingredients:                             Others are using their packaging
                                                                              as part of an educational campaign
                                     JELLYFISH CRISPS                         on the importance of soil health and
                                     Long considered a delicacy in            regenerative farming practices to
                                     Asia, where it is pickled for weeks      produce our food. Organic consumer
                                     in salt and potassium, jellyfish is      packaged goods (CPG) brand Annie’s
                                     now being converted into crisps to       launched limited edition Mac & Cheese
                                     make it more palatable for Western       boxes with the names of its farmers,        POWER PLANT BY MARJAN VAN AUBEL
                                     tastes. A team of researchers            who use carbon sequestration farming
                                     in Denmark are using ethanol to          methods, making a connection to the
                                     create a crispy version that can be      wheat used to create the macaroni.
                                     marketed as a healthier alternative
                                     to the traditional potato crisp.                                                                                                   IRON OX, US
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