The #DormTok Design Market Is Booming
Enthusiastic before-and-after clips of dorm room transformations are doing the rounds on TikTok as...
#business-of-design Stories
Kaiyo Abruptly Calls It Quits
After a period of rapid expansion that saw Kaiyo secure $36 million in funding, the online...
WeWork’s Demise Doesn’t Reflect the Thriving State of Co-Working
The co-working behemoth’s gradual fall from grace is a major blow to corporate landlords and has...
Peloton’s Former CEO Is Getting Into the Rug Business
A tumbling stock price, ill-fated strategy, and a few PR flubs led to John Foley exiting the...
Buzzy DTC Brands Are Getting a Major Reality Check
Record inflation, supply chain woes, and shifting consumer priorities have thrown a wrench in the...
Has Subscription Hell Reached a Tipping Point?
BMW is charging monthly fees for vehicle owners to access their heated seats, sparking blowback...
Why Big-Name Designers Team Up With Mass-Market Brands
The celebrated Belgian designer Vincent Van Duysen is launching a modestly priced collection of...
A Design Unicorn Flashes Its Horn
Following on the heels of a staggering $100 million fundraise in 2021, the design startup Material
Can Immersive Sound Save the Office?
Desperate to lure staff back to the office, some employers are experimenting with immersive...
Boeing Joins the Space Race
Boeing makes an investment in Richard Branson’s satellite-launching venture, Virgin Orbit.
What the Future Holds for Shuttered Department Stores
A recent survey predicts that one quarter of America’s malls and department stores will close...
Lab-Grown Meat is Coming to a Plate Near You
Investment in cell-cultured meat products ballooned to $3.2 billion in 2020. Thanks to a group of...
Why Good Design and Empathy Are Key to Resuming Office Life Again
More Americans would rather quit their job or take a small pay cut than return to the office. For...
Chairish Acquires European Vintage Marketplace Pamono
The acquisition brings Pamono’s inventory of 250,000 vintage furnishings to Chairish, which...
Herman Miller and Knoll Complete Merger, Become MillerKnoll
A few months after Herman Miller announced a $1.8 billion merger with Knoll, the two heritage...
Why a New Proposal Might Kill New York’s Hospitality Comeback
A new controversial plan to require approval for every new hotel could endanger the city's...
Why More Furniture Will Continue To Be Sold Online After The Pandemic
Furniture sales will account for over 14% of total retail online sales by 2022.
Herman Miller Is Merging With Knoll For $1.8 Billion
Looking to take advantage of workplace renovations and restructurings as the pandemic eases,...
Why Lumber Prices Are At An All-Time High
The price of lumber has skyrocketed to $1,048 per thousand board feet, up 193% from a year ago.
Only One Quarter of Americans Are Familiar With NFTs
Even after NFTs were explained to them, most Americans admit to not quite understanding how they...
How Compass Aims To Go Public As A Tech Company
Compass is setting its sights to go public at a $10 billion valuation, positioning itself as a tech
Why Google Is Leaving Silicon Valley Behind
Google is investing over $7 billion in offices and data centers across the nation and creating at...
After Its Worst Year, The Hotel Industry Is Regaining Footing
Hotel occupancy rates are the highest since November, surging 49% in the first week of March.
The Robots Are Coming For Your Job
Those who hold college degrees and/or have specialized training are no longer safe from automation.
Why Charging Stations Are The Design Challenge Of The Decade
The new Biden administration has plans to install 500,000 new EV plugs across the US by 2030.
Why Gaming Is The Furniture Industry’s Next Booming Market
Game participation in the U.S. is at an all time high— in terms of participation, time and...
New Airbnb Hosts Made $1 Billion During The Pandemic
Airbnb created an economic opportunity for homeowners to earn needed extra income by listing their...
Why The Virtual Edition of KBIS Catastrophically Failed
"Unresolvable” technical difficulties plagued the virtual edition of the annual trade show put on
Clever Design May Have Helped Bumble’s Shares Soar 75% After IPO
The dating app—founded by a woman for women and designed to enable women to make the first...
1stDibs Will Probably Launch a Billion-Dollar IPO
1stDibs is likely launching IPO. The luxury resale giant has reached out to banks to lead an...
New Buyers and Millennials Are Driving Record Online Art Sales
Artsy, Sotheby’s, and Christie's have seen a surge in digital buying since the pandemic thanks to
Why American and Southwest Airlines Had Record Annual Losses—And How Recovery Remains Elusive
After a record breaking year of annual looses, Southwest Airlines reported its first annual loss...
Are Strip Malls The Solution To California’s Housing Crisis?
Bills propose closing California’s humongous housing gap with commercial-to-residential...
Can Prolific Polluter H&M Solve Fashion’s Waste Problem?
The fast-fashion retailer is investing $100 million into a new garment recycling technology...
In 2020, The Lowest Amount of NYC Building Permits Were Filed in Eight Years
Construction in New York City decreased for the fourth straight year in 2020, according to a new...
New York City Renters Owe More Than $1 Billion in Unpaid Rent
As the state amps up vaccination efforts amid the second strain of the Coronavirus, the government...
8 U.S. Tech Businesses Priced IPOs This Week, Raising an Estimated $5 Billion
In what could be the biggest week for new listings in more than five years, at least eight...
A Record 12,200 U.S. Stores Closed in 2020
The combination of Covid-19 and e-commerce trends decimated brick and mortar, especially...
How Iran Found a Lifeline in Domestic Economy
Despite crippling U.S. sanctions and the ongoing pandemic, Iran’s diversified economy is...
39% of Carbon Dioxide Emissions Are Caused by Construction
Amid COVID-19, multifunctional buildings and mixed-use projects will be the face of transformations
There Are 1 Billion Unsold Hotel Rooms In The U.S.
Even as vaccine approvals seemingly anticipate better days, a long recovery stretches ahead for...
How Airbnb Navigated The Coronavirus Pandemic To Valuing its IPO at $100 Billion
How does a travel company go public during a pandemic? While COVID-19 restrictions shut off...
This Is Why Retail Chains Are Reducing Construction Spending
U.S. retailers have decreased construction spending, moving away from brick-and-mortar, which has...
Why Black Friday Looks Different This Year
The coronavirus has drastically changed our spending habits. While many Americans remain jobless...
Your Social Media Endorsement Could Save a Small Business
Social media recommendations account for 23 percent of revenue for small businesses, a new study...
How Akari Lanterns Are Keeping The Noguchi Museum Afloat During COVID-19
Amid COVID-19, the Noguchi Museum has managed to retain all of its staff without pay cuts, while,...
What Airbnb’s IPO Listing Means in the Battle for Travel Booking Supremacy
"We believe that the lines between travel and living are blurring, and the global pandemic has...
Bitcoin Surges As Cryptocurrency Reaches An All Time High
Bitcoin has grown 40% since October, marking the highest valuation of cryptocurrency, a trend that...
How Uber Became The Largest Food Delivery Enterprise
As the ride-sharing economy grapples with low ridership, platforms pivot to food delivery and to...
Better late than never? Berlin’s New Airport Finally Arrives Nine Years Past its Projected Opening Date
Plagued by corruption scandals, engineering mistakes, and $4 billion in budget overruns,...
Alibaba’s Singles Day Bolstered By Live-Streaming Retail Market’s Projected $125 Billion in Sales This Year
“Within five years in America, if you don’t do livestreaming, your company will just disappear...
What Jean Nouvel’s New Resort Means for Saudi Arabia’s Vision 2030
The French architect has unveiled a truly groundbreaking design for the Sharaan by Jean Nouvel...
