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Macrotrends

First Glocals

... homogenization. Travel used to provide a highly anticipated opportunity to collect products one can’t find at home, but with online shopping, it is now difficult to find anything truly unique that can’t be ordered with a click. In response, we are seeing a new duality among GYs, who want to foster international connectedness without sacrificing pride in their cultural heritage. Indeed, as a 25-year-old respondent from South Korea told us, “Right now I have both local culture and global culture within myself ...

Outer Limits

... Colony, a three-day “galactic” music and tech festival taking place at Spaceport America in New Mexico in 2015, and, immediately after, will board the Virgin Galactic SpaceShipTwo to sing at zero gravity.Lefse Records commissioned 14 modern bands and electronic-music producers to create songs out of cosmic recordings gathered by the NASA-launched Voyager spaceships. Their work, called The Space Project, was released this past year on Record Store Day.SPACE FASHIONAt Jean Paul Gaultier’s Fall 2014 RTW ...

Culture First, Country Second

... people seeing another country's culture as most relevant to them and another three in 10 noting that it has become more important for them to pay attention to popular culture from other countries, we expect this mindset to grow significantly in the future.I think that popular culture is becoming more integrated rather than 'global.' The word global, to me, means that we are embracing things that are happening in America, but I think that we are integrating each other’s culture to create a new local ...

Parenting 101

... their own children in order to help foster their imaginations and allow them to “just be kids.” Thus, parents are placing boundaries around tech, limiting both how long and also when they use it. Only 10% of parents let their kids spend as much time as they want online, and nearly half in the U.S. and 40% in the UK limit the places in which their child is allowed to use devices (e.g., in his or her room, at restaurants). Motivated in part by privacy concerns, 60% of parents in the U.S. and nearly ...

Culture Spotlight On The U.S.

... . This is a major leap from previous years: in 2016, only four Spanish-language songs made it to the Hot 100 and only three did in 2015. Luis Fonsi and Daddy Yankee's "Despacito," J Balvin and Willy Williams's "Mi Gente," and Maluma's "Felices los 4" are among these Latin music successes of the past year, and Latin artists are only poised for continued success in the U.S., due in large part to streaming services that allow international hits to cross borders and language barriers. Already ...

Culture Spotlight On Germany

... for an extended period of time.In the past three months, 19% of German youth have had a mocktail (i.e., an alcohol-free drink made to resemble a drink with alcohol).DISCOVERING NEW MUSIC IN GERMANYIn Germany, 60% of youth listen to music from other countries, and this is especially true of women (65%). While the music they listen to from other counties may be in another language, 42% of German youth say they can still enjoy the music even if they don’t speak the language.Which of the ...

Culture Spotlight On South Africa

... programs to use a tactic called "drop ins," where current news events become the basis of the storyline. Yet the future of this genre is unknown, as South Africa's public broadcaster, SABC, which produces most of the popular soapies, is facing major funding challenges. Meanwhile, most South Africans can't afford commercial satellite TV, so they watch the three channels of the public broadcaster, thereby making soapies particularly critical to the country's culture. As SABC pays outside ...

Digital Etiquette

... kinds of misunderstandings that may annoy or anger users on both sides of a conversation.In response, young individuals have developed a comprehensive new etiquette of rules and tactics for communicating more effectively and respectfully over digital media. Marketers, too, must learn and adhere to the new rules of Digital Etiquette to avoid overstepping these evolving parameters of online politesse.As recently as a decade ago, when a majority of conversations still took place face-to-face ...

Dollars And Sense

... of course there are exceptions, traditional financial institutions have failed to cater to three key generational traits of today’s young adults: their desire for instant gratification, their expectation for thoughtful personalization, and their pursuit of digital education resources to complement their real-world learnings. For example, whereas a mobile app from a major national bank may take three or four days to deposit a check, a peer-to-peer lending app lets them borrow or send funds to ...

The Global Retail Landscape

... The global map of retail is the most expansive it’s ever been, stretching across multiple online and IRL touchpoints, prompting brands to innovate their strategies to cut through the noise and directly reach modern young consumers.The retail footprint is larger than ever, with in-store experiences, online retail, and the rise of social media shopping spurring its rapid growth (see The Global Map Of Retail below). The retail space has also seen the arrival of next-gen brands coming from new ...