One of the most emblematic city centers in Europe received the design treatment this week, as the artists posthumous project Christo and Jeanne-Claude saw its completion with the Arc de Triomphe ornament in hundreds of thousands of square feet of silver-blue fabric and nearly two miles of red cord. Read on for our weekly roundup of headlines, launches and events, recommended reading and more.
Mattress company Casper laid off dozens of employees at the end of last week, TechCrunch Reports, including its chief marketing officer, chief technology officer and chief operating officer. The three C-level leaders were fairly recent additions to the team, along with the CTO Ben clark initially joining in July 2019, CMO Lisa Pillette coming in March 2020, and COO Charles liu spend just eight months with the company before this round of layoffs. The news comes just a year after Casper shut down its European operations to focus on profitability in North America, cutting 21% of its global workforce. The stock, which is currently trading at $ 4.85 a share, is approaching its all-time low of $ 3.18.
The International Organization for Standardization recently started developing a global standard for architects and designers to certify buildings and products as carbon neutral, Dezeen reports. Scheduled to be published next year, the new benchmark will provide guidelines for determining the carbon impact of a project and how offsets can be made to offset emissions, thus preventing the “Carbon wash” it happens when companies make unfounded claims about their carbon footprint due to the vagueness of current standards.
A senior executive at OpenSea, the largest crypto collectibles market, resigned from his post after it was revealed he used inside information to buy NFTs before the company promoted them publicly. Artnet reports. Nate chastain, formerly the platform’s product manager, used secret crypto wallets to purchase digital artwork before it was featured on the OpenSea homepage, which usually drives up the price of rooms. Chastain then sold the works and pocketed the winnings in a personal account. It wasn’t until Twitter users spotted his unique CryptoPunk avatar on his account profile and corresponding wallets that the connection was revealed. “The fact that this kind of behavior is truly outrageous in the world of NFT is a very good indication that NFTs are much closer to being securities than to being art,” tweeted Felix Salmon, correspondent. Chief Financial Officer of Axios.
Manufacturing in Vietnam will no longer resume on September 15 as planned, Home News Now reports, as the government extended its lockdown order until Sept. 30 in hopes of further improving vaccination rates before lifting restrictions. An estimated 26 percent of the Vietnamese population is fully vaccinated, of which six percent received their first dose, although more than 50 percent of residents in the Ho Chi Minh City area, where most of the furniture for the US market are manufactured, have received their first dose. In the meantime, the facilities are starting to operate at reduced capacity, while the government allows employees to return to work within 14 days of their first dose.
Illinois-based outdoor furniture maker NorthCape International has secured $ 10 million in funding from Gerber Finance, which provides services to rapidly growing companies. Despite supply chain complications during the pandemic, NorthCape says it has increased revenue by 27% in 2020 and expects a 35% increase this year with the new working capital injection.
US stocks fell sharply on Monday, marking the S&P 500’s biggest drop since May, the the Wall Street newspaper reports. The drop is the result of a global sell-off of risky assets like stocks and commodities triggered by concerns over the China Evergrande group, which bears the heaviest debt burden of any property management or development company. listed on stock exchanges around the world. After the pullback, US stocks rose again on Tuesday, the Dow Jones up 0.5% and the S&P up 0.4%, leading analysts to believe the decline was long overdue afterwards. a relatively calm summer. Investors are now turning their attention to how the slowing global economic recovery will affect markets going forward.
Vogue veteran for 25 years Hamish Bowles was chosen to lead the editorial team of World of Interiors, and will become the magazine’s third editor in 40 years of history when he takes on the role in January, Bordered reports. Bowles enters the role alongside the departure of the current publisher Rupert thomas, who served the title for 22 years and was a protégé of the founding editor Min Hogg. The new management may also signal an upcoming change for the eclectic magazine – in a statement released by Conde Nast, the publisher said Bowles “will lead the World of Interiors‘the editorial team into a new era that honors the magazine’s timeless heritage while expanding its influence and reach to the public through digital and video.
Launches and collaborations
West Elm launched their first collaboration for West Elm Kids, an interpretation of the children’s book The old truck, written and illustrated by brothers Jarrett and Jerome Pomfrey. Through the prism of a young black girl’s imagination, The Old Truck tells the story of a family’s hard work and perseverance through a life spent on a farm. The corresponding limited edition collection includes 13 non-sexist pieces suitable for babies and children, such as duvets, pillows, rugs, wallpaper and home accessories, showcasing the block-printed illustrations of the book in vivid colors .
New York-based indoor plant supplier Horti has launched a new ‘plant insurance’ program, Clever reports. Led by Chris Satch, the company’s plant doctor and resident scientist, the initiative connects plant owners with the company’s network of specialists through two unique plans: the Plant Reinsurance Plan, at 4.99 $ per month, allows users to send a photo of a plant receive diagnosis and care advice in return, while the Plant Resurrection Plan, at $ 9.99 per month, offers personalized advice and replacement of plants in case of treatment failure.
Marking the conclusion of its sixth annual scholarship program, Be Original Americas released the recorded presentations of this year’s digital education initiative, now open to the public for free. Viewers can visit the organization’s website to watch one of the 20 sessions, which offers an overview of various factories, architecture and design studios, as well as the headquarters of several Be Original Americas member companies around the world. . Companies featured include Blu Dot, Gensler Architecture & Design, Herman Miller and the International Interior Design Association.
For the latest product news, check out BOHThe new weekly roundup of the collection’s debut, Product Overview.
In collaboration with the design marketing platform Embello, Martha Stewart Living has announced her very first Living by Design virtual trade fair scheduled to launch on March 8, 2022. Conveniently located in the town of Stewart’s primary residence, Bedford, New York, the space will be designed by architectural firm Brandon Architects and features sponsored products and direct calls on the purchase path. The group of 20 design influencers asked to design the space includes Bobby Yuck, Corey Damen Jenkins and Shea McGee, among others.
Frankincense sales increased during the pandemic as many lost their sense of smell to illness, while others yearned for new scents after spending months in the same place (with the same old smells). For the New York Times Style Magazine, Ligaya Mishan traces the history of incense from its ancient roots to more recent New Age iterations, explaining why today’s products are a new kind of home accent with a comforting quality.
Industrial designer-artist-architect of Italian origin Gaetano Pesce is the undisputed master of blobby and shapeless shapes – his organic candy-colored pieces have long held a revolutionary, and at times controversial, place in the design world. For Bordered, Matthieu schneier delves deeply into the life of the iconic designer, whose work has once again taken an influential place in today’s design era. “His fervent energy, his experimental daring, and his celebrations of error and uncertainty make him more and more resemble a visionary of our chaotic and happily toxic present,” explains Schneier.
Historically, it has not been easy to determine when a house was built – one had to dig through old documents, deeds and census records to get an often incorrect approximation. As it turns out, there is now a faster and more accurate way to find out the New York Times reports. Through the practice of dendrochronology, a method of dating houses by analyzing the patterns of tree rings in the wood used to build them, homeowners can get a more accurate reading of when a building was constructed, up to the year and sometimes even the season.
Japanese architect Kengo Kuma was named one of Time magazine’s 100 most influential people in 2021, securing a place as the only architect to make the list, Dezeen reports. Kuma has been recognized for its “complex buildings” and their ability to blend seamlessly into the surrounding environment. As director of Tokyo-based Kengo Kuma and Associates, Kuma has designed projects such as the National Stadium of Japan, the main venue for this year’s Olympics, as well as the V&A Dundee in Scotland, the Folk Art Museum in China and GC Prostho. Museum research center in Japan.
Home page image: West Elm Kids collaboration with authors Jarrett and Jerome Pumphrey | Courtesy of West Elm