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  • IFTF's Future Now is a group weblog, founded by Institute research director Alex Soojung-Kim Pang in September 2003. Its contributors include IFTF researchers interested in emerging technologies, the future of Asia, and the social and economic impacts on new technologies; IFTF corporate affiliates; academic partners; and members of the Innovation Lab, a Danish futures group with offices in Aarhus and Copenhagen. A complete list of contributors is available here.

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February 02, 2007

Shopping Trends for 2007

Intstitute friend Anita Campbell's Small Business Trends blog has an excellent article on shopping trends.  The article describes 5 shopping trends and is well worth reading.  Trend 2 is "Men Come Into Their Own as Shoppers".  As someone with 2 teenage boys who care way too much about their clothes, this quote really hit home for me:

“The surge in men’s apparel sales came from some of the most unexpected places, such as young men buying a suit. Teens and young adult men have finally ‘discovered the suit.’ When exploring that further, NPD found that young men never owned a suit, never wore a suit and never saw their father in a suit - yet, they have migrated towards dressing up to be ‘cool.’ We are seeing a shift in the younger generation reaching their image through grooming and dressing up,” said [NPD chief industry analyst, Marshal] Cohen.

The other trends described in the article are:  shopping as a force for a better world; celebrity wannabe shopping; social shopping; and the shopper as buyer and seller. 

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