Fashion Idea needs to construct a greater trend future

Chris Halim and Raena Lim. (PHOTO: Style Theory)

Founded in 2016, Singaporean fashion rental platform Style Theory is one of Southeast Asia’s largest circular fashion platforms aiming to reshape women’s relationship with fashion. When Yahoo Life SEA met husband and wife team Chris Halim and Raena Lim, the driving force behind the brand, in their new showroom, Lim shared: “Personally, I feel very motivated to build a better fashion future. I think sustainability is a very big thing for our business and that’s also something that really appeals to me.”

The husband-and-wife team also admitted that starting the company was stressful at first, although they were used to each other’s working styles before Style Theory was born. “We have pretty clear boundaries at work and in personal life, so that helps,” Lim said.

However, the transition from employee to entrepreneur was a big leap. “It is a burden that we were previously employees of a company. Saturdays and Sundays are your own time, after work is like your own time. But when we became entrepreneurs, the two of us couldn’t walk together anymore, so it became a bit of an issue. We didn’t have any vacation for the first two years,” the co-founders shared.

Chris Halim and Raena Lim. (PHOTO: Style Theory)

As a rental platform for clothing and designer bags, the brand offers curated women’s pieces from its inventory on a monthly membership basis.

As stated on Style Theory’s website, hiring from the Circular Fashion platform for your next outfit means you no longer have to suffer from “worn-this-once” regrets or environmental guilt.

For most business owners, expanding during the COVID-19 pandemic is something that not many are interested in. For Style Theory, however, the brand had expanded the program to Hong Kong in the last year and has seen great success with its consumer base there. To quench our curiosity, we asked Halim why they chose Hong Kong for the latest expansion?

The story goes on

“For us, we saw that Singapore was a great success. It is the first market for our rental business and when we think about the next market we are trying to find similar and maybe even better markets than Singapore. In a way, if we look at Hong Kong, it’s a very similar market. People live in small houses, love fashion and live sustainability. These are great qualities to have in our business. Additionally, for our type of business, to a country or city where I would say the majority of women work, I think that usually suits us well too,” Halim said.

In 2022, Style Theory plans to expand its clothing rental business to Hong Kong and set up a warehouse there to facilitate and improve customer service for the brand.

Comparing Style Theory’s target markets, Lim shared that Hong Kong customers are trendier, while Singapore customers prefer casual looks and her Indonesian customers are more conservative in their style. “So if we source collections and stuff from the same designer, we might choose different things just for different markets.”

When it comes to designer bags, Lim found that high-end brands like Chanel and Louis Vuitton still have a strong following, while customers are more inclined to try indie brands when it comes to apparel. Lim, who hails from over 20 countries, shared that they’ve had inquiries from their members about certain indie brands like N12H, which are “really interesting moments where we see how different people’s perceptions of what they are.” choose between clothes and bags.”

Style Theory’s business model, supported by investors such as Softbank in both rental and resale businesses, has allowed the brand to excel not only in execution but also financially. “All of our inventory is provided by customers, so in that sense we are very well funded for our business. That will allow us to also be very, very lean and agile,” Lim added.

If you’re framing your New Year’s wardrobe by Marie Kondo and reducing your shopping intent, Style Theory 2022 could be the answer for you.

Way forward for Ralph Lauren, and retail, could also be coloring garments in retailer

Ralph Lauren Poloshirts sind in einem Schaufenster in New York ausgestellt.

Daniel Acker | Bloomberg | Getty Images

Wenn die Farben, die Bekleidungshändler für ihre neuesten Kollektionen auswählen, Ihnen oft nicht gefallen oder wenn sie in den Ladenregalen hinter den neuesten Trends auf den Bürgersteigen oder in den sozialen Medien erscheinen, kommt möglicherweise früher eine Lösung, als Sie es sich vorgestellt haben .

Im nächsten Jahr, Ralph Lauren Flagship-Stores verfügen möglicherweise über die Textilfärbetechnologie, mit der Käufer das leere Baumwoll-Poloshirt im Geschäft färben können.

Chemieriese Dow, ein führender Anbieter von Textilfärbemitteln, arbeitet mit Ralph Lauren an neuen Verfahren zum Färben von Baumwolle, die den Einsatz von Chemikalien, Wasser und Energie reduzieren.

“Ralph Lauren ist offensichtlich ein großer Verbraucher von Baumwolle und zum Färben von Textilien, es braucht viel Chemikalien und viel Wasser und man erzeugt viel Abfall und das macht man hauptsächlich, weil man versucht, Hitze und Druck zu verwenden, um zu setzen diese Farbe in den Stoff”, sagte Dow-CEO Jim Fitterling letzten Donnerstag im CNBC ESG-Auswirkungen Gipfel.

Billionen Liter Wasser, werden beispielsweise zum Färben von Stoffen verwendet, was 20 % des weltweiten Abwassers entspricht.

Dies ist einer der Gründe, warum Dow das Anfang des Jahres angekündigte ECOFAST Pure entwickelt hat, das zum Färben von Baumwolle bis zu 90 % weniger Chemikalien, 50 % weniger Energie und 50 % weniger Wasser benötigt.

Aber das Nachhaltigkeitsprojekt könnte auch große Auswirkungen auf den sogenannten Erlebnishandel haben – die Bemühungen der Einzelhändler, den Verbrauchern neue Gründe zu geben, in Geschäfte zu kommen, da der bereits große Fußabdruck des E-Commerce nur als Folge der Pandemie wächst.

Ralph Laurens Farbe auf Anfrage Projekt verwendet die Dow-Technologie, um Baumwolle zu jedem Zeitpunkt in der Herstellung zu färben, und führt zu kürzeren Vorlaufzeiten für Farbentscheidungen. Halide Alagöz, Chief Product and Sustainability Officer bei Ralph Lauren, sagte in einer Ankündigung über die Bemühungen Anfang des Jahres, dass der Einzelhändler in der Lage sein wird, “personalisierte Verbraucheranforderungen schneller als je zuvor zu erfüllen”.

Und obwohl er es nicht gesagt hat, bedeutet das, dass er möglicherweise ein Hemd im Laden färbt.

“Ralph Lauren wird nächstes Jahr in der Lage sein, Color on Demand in einem ihrer Flagship-Stores in New York zu platzieren, damit Sie Ihr Ralph Lauren-Polo im Laden färben lassen können”, sagte Fitterling beim CNBC ESG Impact Veranstaltung. “Ohne diese Technologie wäre das nie möglich gewesen.”

Eine Sprecherin von Ralph Lauren sagte: “Wir freuen uns darauf, zu gegebener Zeit mehr darüber zu teilen.”

Die Ära nach der Pandemie des Erlebnishandels

Für Ralph Lauren ist es nicht neu, neue Strategien zu entwickeln, um den Verbraucher stärker in die Erfahrung der Bekleidungsproduktion einzubeziehen. Es hat Käufern ermöglicht, die Farben für das ikonische Pferdelogo, das in Hemden für online bestellte Kleidung eingenäht ist, anzupassen. Andere Einzelhändler wie North Face lassen die Verbraucher die Komponenten der Jacken auswählen und ihre Vorlieben in das Ganze integrieren.

Individualisierung und schnellere Mode, die den einzelnen Verbraucher in das Einkaufsnarrativ einbettet, werden sich im Einzelhandel auf vielfältige Weise auswirken. Chip Bergh, CEO von Levi Strauss & Co., hat dies gesagt traditionelle Größen gehören in der Mode der Vergangenheit an 3D-Körperscanner und Kameratechnologie in Kombination mit einer viel schnelleren Fertigung ermöglichen es Einzelhändlern, Kleidung für jede Person individuell zu gestalten. Nike und Amazon haben in den letzten Jahren beide Körperscan-Technologien übernommen.

Vor der Pandemie drehte sich jedes Gespräch im Einzelhandel um den Verkauf von Erfahrungen über Dinge, und während die Sperren möglicherweise vieles, was in Arbeit war, pausiert haben, da die Digitalisierung die einzige Möglichkeit zur Geschäftsabwicklung wurde, werden diese Strategien jetzt wieder in den Fokus rücken.

“E-Commerce hat an Durchdringungspunkten und Mindshare gewonnen und wird es nicht zurückgeben”, sagte Simeon Siegel, Retail Analyst bei BMO-Kapitalmärkte. “Aber starke Geschäfte, die es durch die Pandemie geschafft haben, sind noch stärker und werden wahrscheinlich nicht verschwinden.”

Das bedeutet eine zunehmende Mischung aus E-Commerce und Erlebnisshops, insbesondere für hochkarätige Standorte. „Der Laden wird jeden Tag erlebbarer“, sagt Siegel. “Der Trick besteht darin, daraus Kapital zu schlagen, um mehr Dinge zu verkaufen.”

Dem Verbraucher die Möglichkeit zu geben, eine Farbe zu wählen und ein Kleidungsstück in einem Geschäft färben zu lassen, könnte dazu beitragen, eine emotionale Bindung zu schaffen, die mit einem Kauf verbunden ist, der für die Zukunft des Einzelhandels entscheidend ist.

Den Verbraucher zum „Schöpfer“ zu machen, so Siegel, „war schon immer eine starke Sache.

“Die Leute wollen nach der Pandemie wieder raus”, sagte Ivan Feinseth, Chief Investment Officer und Director of Research bei Tigress Financial Partners. „Viele Ideen wurden wegen der Pandemie auf Eis gelegt, werden aber wiederkommen. Ein Großteil des Einzelhandels findet immer noch in einem Geschäft statt“, sagte er.

Die Personalisierung und schnelle Produktion von Kleidung, die es dem Verbraucher ermöglicht, die Farbe zu wählen, ist eine interessante Entwicklung, da der Prozess der Stoffaufbereitung in der Vergangenheit giftig war und nur von Arbeitern durchgeführt werden konnte, die in Fabriken Schutzkleidung trugen.

„Die Chemikalien zum Färben von Stoffen, die gesamte Handhabung, wie Unternehmen Stoffe loswerden … man nimmt nicht überschüssige Farbe und wirft sie in ein Waschbecken“, sagte er, fügte jedoch hinzu, dass die Entfernung von Chemikalien aus vielen Produkten, wie z als Reinigungsmittel, wird immer häufiger verwendet.

Dow lehnte es ab, auf die Kommentare seines CEOs einzugehen.

Ralph Lauren sagte in seiner offiziellen Ankündigung, dass das Ziel das weltweit erste “skalierbare Null-Abwasser-Baumwollfärbesystem” ist, und die erste Phase, die mit traditionellen Färbegeräten verwendet wird, wird bis zu 85 % weniger Chemikalien verbrauchen. Bis 2025 soll die Color on Demand-Plattform in mehr als 80 % der festen Baumwollprodukte eingesetzt werden.

Die Unternehmen gaben Anfang dieses Monats außerdem bekannt, dass sie den Färbeprozess für die Textilindustrie Open-Sourcing anbieten.

Durchbrüche in der Farbtechnologie

Mehrere Durchbrüche in der Stofffärbung sind im Gange. Der digitale Textildruck verändert bereits die Art und Weise, wie Verbraucher Farben und Muster kontrollieren.

„Der Himmel ist die Grenze dessen, was Verbraucher bestellen und erhalten können“, sagte Ken Butts, Global Key Account Manager bei Datacolor, das mit Einzelhändlern an der Implementierung digitaler Farblösungen für ihre Lieferketten arbeitet. Dies war hauptsächlich auf Online-Unternehmen beschränkt, die dies für Heimwerker tun, und für Muster anstelle von Volltonfarben auf Stoffen wie Polstern oder Vorhängen, obwohl es auch in die Bekleidungsbranche übergeht. „Wir sehen, dass Unternehmen in ihre eigenen Digitaldrucker oder Druckmuster investieren, und der nächste Schritt ist das Drucken direkt für die Verbraucher“, sagte er.

Der Digitaldruck ist in der Lage, schnell auf das Interesse und die Nachfrage der Verbraucher zu reagieren, wird aber das traditionelle Färben in absehbarer Zeit nicht ersetzen, da es unter anderem viele Stoffe gibt, die er noch nicht verarbeiten kann.

„Das heißt nicht, dass das nicht eines Tages überwunden wird“, sagt Butts, „aber Ihr typisches Poloshirt, es wird zuerst so hergestellt, dass es wie ein Hemd aussieht und dann in Form eines Hemdes gefärbt es, du kannst es da drin nicht herumdrehen [the printer].”

Der traditionelle Ansatz, ein Kleidungsstück wie ein Poloshirt zu färben, erfordert einen intensiven Prozess mit Hunderten von Gallonen Pigment und einer erheblichen Menge an Großmaschinen, die für eine Ladeneinrichtung niemals realisierbar wären, aber selbst in industriellen Textilbetrieben gibt es sind kleinere Maschinen zum Testen von Farbmustern.

“Überall auf der Welt findet man eine Fabrik, die Stoffe auf Großanlagen färbt, Tausende von Pfund auf einmal, sie werden ein ähnliches Stück im Labor in kleinem Maßstab haben, und dort testet der Hersteller seine Fähigkeit, ein spezifisches Produkt herzustellen Farbe”, sagte Butts. “Der erste Schritt für einen Lieferanten, wenn ein Einzelhändler nach einer neuen Farbe fragt, besteht darin, diese an kleineren Geräten zu testen.”

Die kleineren Geräte benötigen immer noch Chemikalien und Wasser, und am Ende des Prozesses werden Probleme mit der Abfallentsorgung auftreten, aber mit der Verbesserung der Technologie ist es nicht unvernünftig, eine Zukunft vorauszusehen, in der Einzelhändler Stoffe in Geschäften färben können, insbesondere in größeren Flagship-Stores, in denen Platz ist nicht eingeschränkt.

Kunden können in ein Geschäft kommen und eine Farbe aus einer Palette auswählen oder sogar eine Farbe mitbringen, und eine Software kann diese in die erforderlichen Farbstoffe umwandeln. Aber das Timing wird ein Problem für eine Revolution in der Farbfärberei in den Geschäften sein. Das chemische Färben kann selbst in seiner effizientesten Form bis zu einer Stunde dauern, um das endgültige Kleidungsstück herzustellen. Aber sowohl für Verbraucher als auch für Einzelhändler könnte dies immer noch besser sein als das derzeitige Verfahren.

“Jetzt wählen Designer eine Palette, die in sechs bis neun Monaten, im Sommer 2022, in einem Geschäft erscheinen wird, und versuchen, Verbrauchertrends vorherzusagen”, sagte Butts. Wenn Einzelhändler den Trend falsch verstehen, kann dies zu einem Eilprozess neuer Herstellung und Transport führen, der hohe Kosten verursacht, und bis sie die neuen Einheiten erhalten, können sie den Trend immer noch verpassen. „Damit können Sie auf aktuelle heiße Trends reagieren“, sagte er.

Ein Verbraucher könnte mit einer bestimmten Farbe in ein Geschäft kommen, vielleicht hat er jemanden gesehen, der sie trägt, und innerhalb von ein oder zwei Tagen kann die Kleidung produziert werden und der Händler muss nicht 10.000 Hemden im Voraus bestellen. “Stoffe nach Kundenwunsch zu färben ist wirklich aufregend”, sagte Butts.

Nachhaltigkeit und der Bekleidungskonsument

Datacolor konzentriert sich darauf, Farben in numerische Codes zu übersetzen, die zwischen Designern und Textilherstellern in der Lieferkette kommuniziert werden können, die Notwendigkeit, während des Designprozesses physische Muster hin und her zu versenden, und die Unterstützung der Qualitätskontrolle im Zusammenhang mit der Sicherstellung der Farbe ist richtig, wenn es um die Herstellung von Tausenden von Teilen geht. Das ist ein effizienterer Ansatz für die Bekleidungsproduktion, als wenn ein Designer an einem Standort Farbpaletten an Färbereien auf der ganzen Welt schickt, die dann Stoffmuster zur visuellen Überprüfung zurücksenden müssen – “hin und her, bis der Designer etwas findet, das ihm gefällt”. Butts sagte.

Aber ob es sich um digitale Innovation oder färbende Innovation handelt, der Einzelhandel hat ein Nachhaltigkeitsproblem, das weiterhin schwierig zu lösen sein wird. Schnellere Kommunikation im Design- und Herstellungsprozess und schnellere Mode locken Käufer, aber ein häufigeres Umdrehen eines Kleiderschranks ist nicht unbedingt nachhaltiger, selbst wenn die zugrunde liegenden Prozesse zur Herstellung des Kleidungsstücks weniger Ressourcen und Energie erfordern. Und den Verbrauchern mehr Gründe zu geben, in Geschäfte zu kommen – und möglicherweise länger zu warten, bis ein benutzerdefinierter Artikel fertig ist, was möglicherweise zu noch mehr Käufen führt – bedeutet mehr Konsum.

“Sie können alle großen Pigmente in den Maschinen entfernen, aber am Ende bleibt immer noch ein Kleidungsstück oder ein Stoff übrig”, sagte Butts. „Diese Frage muss noch angegangen werden. Ich sehe gerne Verbesserungen im Färbeprozess, aber wir müssen Nachhaltigkeit noch immer aus einer End-to-End-Sicht betrachten.“

“Seien wir ehrlich”, sagte Siegel. “Im Einzelhandel ist es am nachhaltigsten, den Artikel erst gar nicht zu verkaufen.”

Eine weniger schädliche und weniger energieintensive Produktion mit einem geringeren CO2-Fußabdruck ist eine gute Sache für Einzelhändler und Marken, aber sie befasst sich nicht mit Verbraucherabfällen und Mülldeponien, weshalb sich Einzelhandelsmodelle auf verschiedene Weise entwickeln, einschließlich des Schwerpunkts auf Wiederverkauf und Wiederverwendung von Unternehmen wie Rent the Runway, die ging letzte Woche an die Öffentlichkeitund Wiederverwendung von Elementen, um den Lebenszyklus zu verlängern.

Die Ralph Lauren-Dow-Partnerschaft mag insofern neuartig sein, als ihre Nachhaltigkeit in der Herstellungsgeschichte zu einer neuen Erzählung im Erlebnishandel für den Verbraucher führen kann, aber keine Marke hat die Antwort auf die größere Frage.

“Die Einzelhändler sind im Geschäft, mehr Einheiten zu verkaufen, aber auch, ihre Nachhaltigkeit zu verbessern. Die Frage ist, wie man die beiden heiratet”, sagte Siegel. „Sie müssen einen Drahtseilakt ausbalancieren, um besser zu sein, ohne die Verbraucher zu entfremden, und die Verbraucher davon zu überzeugen, dass das Beste ist, wegzugehen. Und diese Geschichte muss noch geschrieben werden.“

International Funds and Virgin Cash Kind Strategic Alliance to Redefine the Way forward for Digital Commerce

New payment ecosystem to expand networked commerce and provide an integrated suite of digital functions

ATLANTA, September 08, 2021 – (BUSINESS WIRE) – Global Payments Inc. (NYSE: GPN), a global leader in payment technology and software solutions, and Virgin Money, one of the UK’s leading financial services groups, today announced an agreement to leverage Global Payments’s unique two-sided network to deliver market-leading digital payment experiences to Virgin Money customers worldwide.

This press release contains multimedia. Check out the full version here: https://www.businesswire.com/news/home/20210908005232/en/

The companies announce that they are working on the launch of a new connected payments offering that will bring a seamless experience for Virgin Money consumers and merchants. This new salary offering would expand trading and provide an integrated suite of digital skills.

“We have an unmatched global position that connects both sides of the payments ecosystem and enables us to completely transform the digital commerce landscape,” said Jeff Sloan, chief executive officer, Global Payments. “This new payment solution will reimagine the entire interaction between merchants and their customers, virtually and physically, in order to reduce friction, create added value and promote extraordinary experiences on an omnichannel basis.”

“Expanding our partnership with Global Payments enables us to bring all of our credit and debit cards together on a single platform. Working together allows us to leverage their expertise across the payment ecosystem, combined with our focus on customer experience and being one of the world’s best-known brands, gives us the ability to develop new digital payments offerings to enhance the experience for our millions of private and Business customers as we continue to transform the status quo of UK banking, “said David Duffy, Chief Executive Officer of Virgin Money UK.

Virgin Money will be able to access end-to-end lifecycle data through the new payments offering in its companies to gain better insights into buying patterns and trends in order to bring new products and services to market that directly meet customer needs and which Improve the customer experience journey.

The story goes on

As part of this partnership, Global Payments will act as the exclusive trading services provider for Virgin Money, offering cutting-edge acquiring technology to its large customer base. In addition, Global Payments will expand its longstanding relationship with Virgin Money through its TSYS Issuer Solutions segment. This will create a single unified platform that will add all of Virgin Money’s debit business to its current credit solutions under a new agreement that extends into the next decade, subject to regulatory approval.

About global payments

Global Payments Inc. (NYSE: GPN) is a leading payment technology company providing innovative software and services to our customers around the world. Our technologies, services and the expertise of our team members enable us to offer a wide range of solutions that enable our customers to run their business more efficiently through a variety of channels around the world.

Global Payments, headquartered in Georgia and with nearly 24,000 team members worldwide, is a Fortune 500® company and a member of the S&P 500 with global reach in over 100 countries in North America, Europe, Asia Pacific and Latin America. For more information, visit www.globalpayments.com and follow Global Payments on Twitter (@globalpayinc), LinkedIn and Facebook.

Via Virgin Money UK

Virgin Money UK is a full service digital bank serving 6.5 million customers across the UK. It offers market-leading products and services to meet the full range of customer needs in private and business customers. Virgin Money aims to provide customers with a consistently first class experience through its leading technology platform, telephone banking and a national network of innovative stores and commercial banking centers. By improving its banking business, Virgin Money seeks to serve its purpose of “making you happier with money.”

View source version on businesswire.com: https://www.businesswire.com/news/home/20210908005232/en/

contacts

Investor contacts:
Winnie Smith 770.829.8478
investor.relations@globalpay.com

Richard Smith +44 7483 399 303
contact@ir.virginmoneyukplc.com

Media contacts:
Emily Edmonds 770.829.8755
media.relations@globalpay.com

Simon Halle +44 7855 257 081
press.office@virginmoneyukplc.com

Bitcoin Future Of Cash World Financial system

Saifedean ammus and Peter St. Onge, are the thought leaders in my opinion when it comes to the macroeconomic impact of adopting a Bitcoin standard. The Austrian business school is more reluctant to make concrete predictions and focuses more on theory and big results. Mainstream fiat economists who tend to make these predictions – which are consistently inaccurate – don’t understand Bitcoin or its value proposition, and so only produce terrifying views like this.

This leaves a shimmering void of confusion and uncertainty about what will happen when the world shifts from using fiat currency to adopting bitcoin.

This article will attempt to fill this void by providing the reader with a picture of what is possible and likely for our economic future on earth.

I am not of the opinion that a major depression is looming or that the global economy will “collapse” at some point, rather I imagine a long phase of transition or realignment. There is already a parallel economy of people who only live and trade in Bitcoin. This bitcoin economy will grow as the “fiat economy” gradually shrinks as time and people change.

Bitcoin adoption is not driven by the public choosing to pay in Bitcoin, but rather by producers and sellers preferring to be paid in Bitcoin, thus creating incentives for customers to use it. Expect discounts for paying with Bitcoin and for sellers who only accept Bitcoin.

That is not to say that there will be no turbulence. The Fiat system has injected (2008) and injected again (2020) the world economy with cheap money, whereby Bad investment. At some point there will be a major correction or corrections – a “market crash”. It is impossible to predict when this will happen. Corresponding Austrian business cycle theoryThe longer the correction takes, the more capital will be misinvested and the more drastic the correction will be.

This is not going to drag much of the economy into Bitcoin right away. The BTC price might even fall initially as everyone is panicking and selling everything. Central banks and governments will not just turn around and give in. There will be more money printing, stricter laws and higher tax rates, etc.

Hyperinflation will occur in some areas, but remember that Bitcoin is there to be used as a medium of exchange, a store of value, and a unit of account. Weimar and Zimbabwe didn’t have that luxury. They had to revert to a system of exchange, which decimated their economy when everything came to a standstill. Venezuela seems to be slowly getting into Bitcoin and things there seem to be went better than originally expected. They also didn’t have a functioning Bitcoin Lightning network that we already have today.

Some jurisdictions will choose to “ban”, prohibit, or heavily tax Bitcoin, making it more difficult, but not impossible, for people in such jurisdictions to trade in it. Productive people will slowly move from these areas to the areas that freely accept or accept Bitcoin, and these areas will thrive. Ultimately, the territories that chose not to adopt Bitcoin will either have to start accepting it, or they will be turned into an unproductive wasteland as the rest of the world will surpass it. Imagine if a region like the USSR eventually has to submit to some form of capitalism.

As in the past 10 years, anyone who adopts the Bitcoin standard earlier will be wealthier compared to later adopters. This will become more apparent over time. There will be individuals and institutions who refuse to adopt for decades and eventually live in non-bitcoin enclaves.

The wealth transfer will be significant, but likely not as spectacular as many Bitcoin maximalists imagine. Real wealth is held in assets such as property, machines, knowledge, goods, resources. The introduction of Bitcoin will not destroy this wealth; the prices are simply given in Bitcoin instead of in Fiat. This includes stocks.

Companies and industries that produce real value will thrive, such as: For example, mining, manufacturing, technology, distribution, retailing, etc. Your stock prices will take a hit when the correction (s) occur, but that has nothing to do with Bitcoin. At this stage the markets are overvalued compared to historical data and prices should adjust in the future.

Banking

One sector that is going through massive change is banking. It is worth taking a closer look at what could happen in this area under a Bbitcoin standard.

It would be fair to argue that banking will be reduced to what it was under the gold standard. Banking is simply a dignified form of lending money, with the banker having the advantage that the money he lends is not his own but someone else’s money. It was deposited with him for interest he pays on it. The banker’s business is to borrow this money again at higher interest rates than he paid for it and to take the difference as a reward.

Banks play an important and significant role in society. Through their intermediation, capital is transferred from those who cannot or do not want to use it in industry to those who can. In this way, a banker does not increase the total amount of capital available, but increases the total amount available for production. This is an important service that the bank must be paid for.

According to a Bitcoin standard, the banks’ income and value are largely reduced to what the market is willing to pay for the above service. Note that according to the gold standard of the bank, the public has paid a fee for “custody” of their funds. Since it is safer for a person to secure their bitcoins themselves than to entrust them to a third party, banks – or whoever is taking on the capital allocation function – need to encourage depositors to get their bitcoin deposits.

Who knows what new types of capital allocation methods the free market will produce if innovators are allowed to innovate in this area?

Whatever happens, in the long run, bank stocks will inevitably depreciate in real terms as the space in which they practice with their regulatory-laden oligarchies shrinks. Some banks can innovate and thrive – the free market could even allow some form of bitcoin banking with partial reserves if the risk appetite is up. But according to the Bitcoin standard, the few connected people are not given free money.

Value, interest rates, inflation and deflation

Disclosure: I adhere to the Misesian It follows that inflation is the increase in the total amount of money in the economy. Deflation would be the decline in the money supply. If the total amount of money in an economy is suddenly reduced from previous levels, I fully agree that it could, and probably always will, have devastating effects. This phenomenon should not be confused with an increase in the value of a monetary unit over economic goods, which is also known as “deflation”, but which will have many positive effects on the economy and society.

Let’s say for a second it’s the year 2035 and Bitcoin is the most widely used currency in the world. How high could inflation and interest rates be?

Total Value or Market Cap of Bitcoin: I have no doubt that BTC will hit $ 10 million per coin at some point. The problem is that a coffee could cost $ 5,000 at this point, as the value of the US dollar would be close to zero from today’s perspective. Hence, calculating the value of Bitcoin in relation to future US dollar prices is a pointless exercise. Yes, measured in US dollars, the potential value of Bitcoin is really ∞ / 21 million.

Predicting Bitcoin’s purchasing power over goods and services, and expressing that as a number in relation to today’s U.S. dollar value, is a far more complex and contentious topic that will rack your brain many times as you try to get it to solve . I’ll try to discuss this in a future article.

Once the price of Bitcoin stabilizes and is widely used as the world’s leading unit of account, a period of semi-permanent deflation (expressed in Bitcoin) will set in. That said, the value of your currency will increase in comparison to goods and services. This is not because the total amount of currencies is reduced, but because the total amount of goods for sale increases compared to the total amount of currencies in existence, and also because of technological advances that are making goods more affordable. It’s important to note that this is and was the natural state in the world before governments and banks started fucking with your money.

The interest rates are determined by the free market. What interest rate a lender and borrower agree on will be the rate paid.

Interest rates can be viewed as a cost of capital. Historically, this has been between 3% and 6% per year on the free market. But how does it all fit in with deflation? Let’s say an entrepreneur wants to borrow Bitcoin for a new project in the future. He will find a willing lender – likely through DeFi or some sort of bank – and borrow the bitcoin at an agreed rate. Let’s say it’s 4%. If the entrepreneur expects deflation to occur during the life of the loan, he simply adds the expected deflation to his cost of capital calculation.

Interest rate: 4%

Expected deflation: 2%

Total cost of capital per year: 6%

This will not distract the economy from growth and business owners from borrowing. We have seen interest rates below the Fiat standard go up to 15% or much higher in some places even after deducting the inflation rate.

What will be drastically reduced is the fee that the middleman charges for arranging the loan, as mentioned earlier. This is the difference between the repo and base rate that we know today. In a free market, whoever offers the lowest “fee” to mediate the transaction will outperform the others, and with modern technology that fee should be negligible.

Under a Bitcoin standard and with modern innovation, capital allocation would be much more efficient, as someone in Africa, for example, could borrow from someone in Europe or the US at the same rate as others. This will lead to global competition for capital, and those who are most efficient in allocating that capital will thrive.

This brings me to what I consider to be the most beneficial aspect that a Bitcoin standard will bring to the world. Enable free trade between those who choose to. The mere fact that two parties act voluntarily with one another means that both parties will benefit from the transaction. The more such trading takes place, the better it is for everyone involved. The ability to pay anyone around the world easily, instantly, and cheaply will enable more trading, especially on the ground floor for people who previously didn’t have a bank account.

I hope that by reading this article you have opened up the possibility of a successful and peaceful transition to the Bitcoin standard. In the long term, the natural laws of society and economy will play out. What works and what doesn’t for society is becoming increasingly clear.

May the best currency win.

This is a guest post by Handre van Heerden. The opinions expressed are solely their own and do not necessarily reflect those of BTC Inc. or Bitcoin Magazine.

Future FinTech Indicators Definitive Settlement to Buy UK Cash Fee Service Firm

NEW YORK, September 7, 2021 / PRNewswire / – Future FinTech Group Inc. (NASDAQ: FTFT) (“hereinafter referred to as” Future FinTech “,” FTFT “or” the Company “), a leading blockchain-based e-commerce company and fintech Service provider announced today that on September 1, 2021the Company signed a definitive agreement (the “Agreement”) to acquire 100% of the equity of Khyber Money Exchange Ltd. (“Khyber Exchange”) by Rahim Shah | (the seller”).

Khyber Exchange is a money transfer company with a platform to transfer money through one of its agent locations or through its online portal, mobile platform or over the phone. Khyber Exchange was integrated into February 2009, is headquartered in the UK and has offices in Germany and Italy; his website is https://khyberexchange.com.

According to the agreement, the company will acquire 100% of the equity of Khyber Exchange for a purchase price of € 685,000 (approx US $ 820,170). The company conducted extensive operational, legal, and financial due diligence to achieve this agreement. The Khyber Exchange is regulated by the UK’s Financial Conduct Authority (FCA); the acquisition must be approved by the FCA prior to formal closure.

More detailed information about the agreement can be found on Form 8-K and filings with the Securities and Exchange Commission September 7, 2021.

Shanchun Huang, Chief Executive of Future FinTech, commented, “We are excited about this acquisition as it further expands our presence as a fintech and further diversifies our geographic reach in terms of international business transactions and cash flows. We believe there will be synergies with other financial services businesses that we develop. “

“Khyber Exchange will also be an excellent fit for FTFT UK Limited, our recently established subsidiary that provides us with the operational base for developing the fintech business in Europe. Our goal is to become a diversified fintech company that seizes current opportunities and integrates them into a comprehensive business platform, and to create a company that can meet the current financial needs of its customers and positively transform the traditional banking sector to provide innovative products and services to bring to market, ”concluded CEO Huang.

The story goes on

Rahim Shah |, Chief Executive Officer of Khyber Exchange, stated, “As a global money transfer company, Khyber Exchange can send money to over 130 countries through its agents, online portal, mobile platform or over the phone. Fund transfers can be collected from their offices or via the beneficiary’s bank account, with the funds transferred being credited within 24 to 48 hours. Khyber Exchange guarantees its customers that its transactions are executed at the best possible exchange rate, are secure, reliable, and processed instantly. It has amassed a significant number of loyal customers over the past decade. The acquisition by FTFT will help Khyber Exchange run its business and operations in Asiaespecially in the fast growing Chinese market. “

About Future FinTech Group Inc.

Future FinTech Group Inc. (“Future FinTech”, “FTFT” or the “Company”) is a leading blockchain e-commerce company and a Florida-based financial technology service provider. The company’s business activities include a blockchain-based online shopping mall platform, Chain Cloud Mall (“CCM”), a cross-border e-commerce platform (NONOGIRL), an incubator for blockchain-based application projects and financial services for the supply chain industry . The company is also engaged in the development of blockchain-based e-commerce technology as well as financial technology. For more information, please visit https://ftft.com/.

Safe Harbor Statement

Certain statements made in this press release are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, or the Stock Exchange Act. Forward-looking statements include statements relating to our beliefs, plans, goals, goals, expectations, expectations, beliefs, estimates, intentions and future performance and involve known and unknown risks, uncertainties and other factors that are beyond our control and are related thereto could cause actual results, performance, capital, property or achievements of the company to differ materially from the future results, performance or achievements expressed or implied in such forward-looking statements. All statements that are not historical facts are statements that may be forward-looking statements. You can make these forward-looking statements through our use of words such as “may”, “will”, “anticipate”, “assume”, “should”, “state”, “would”, “believe”, “consider,” “expect” , “estimate,” “continue,” “plan,” “show,” “project,” “might,” “intend,” “aim,” and other similar words and phrases for the future.

All forward-looking statements, whether written or oral, attributable to us are expressly restricted in their entirety by this caution, including, but not limited to, the risks and uncertainties set out in our Annual Report on Form 10-K for the December 31, 2020 ending Year and our other reports and filings with the SEC. Such reports are available upon request from the Company or the Securities and Exchange Commission, including on the SEC’s web site at https://www.sec.gov. We have no obligation or undertake to update, revise or correct any forward-looking statements after this date or after the respective date on which such statements are otherwise made.

Cision

Show original content:https://www.prnewswire.com/news-releases/future-fintech-signs-definitive-agreement-to-purchase-uk-money-payment-service-company-301369946.html

SOURCE Future FinTech Group Inc.

Companies line up ‘inexperienced’ ammonia for fertilizer and future gas

As society tries to find ways to reduce its ecological footprint, the decarbonization of a wide variety of sectors and industrial processes will be crucial in the years to come.

Time is of the essence when it comes to finding new solutions and technologies for if the latest findings of the IPCC are correct.

The report released last week warned that limiting global warming to nearly 1.5 degrees Celsius or even 2 degrees Celsius above pre-industrial levels over the next two decades would be “unattainable” without immediate, rapid and large-scale reductions in greenhouse gas emissions .

Against this sobering backdrop, a number of companies are trying to reduce the environmental impact of ammonia production, which, according to a policy briefing by the Royal Society, is responsible for around 1.8% of global carbon dioxide emissions.

On Monday, for example, three Norwegian companies – energy company Statkraft, Aker Clean Hydrogen and fertilizer specialist wound – founded a company that focuses on the production of so-called “green” ammonia.

The new company, called HEGRA, is jointly owned by the three companies. According to Statkraft, which is itself owned by the Norwegian state, HEGRA will focus on electrifying and decarbonising an ammonia plant in Herøya, Norway.

The basic idea behind the initiative is to use renewable energies to produce ammonia on a large scale. The ammonia would then be used to make carbon-free fertilizers. Statkraft also described green ammonia as “a promising zero-emission fuel for the maritime sector”.

In a conversation with CNBC’s “Squawk Box Europe” on Monday morning, Yara CEO Svein Tore Holsether emphasized the importance of developing solutions for the big picture.

“The technology is there, but it’s also about making a product out of it,” he said. “And the nice thing about ammonia production and fertilizer production is that you already have an existing infrastructure.”

“By converting some of it into renewable energy using hydropower, as we speak here in Norway, we can produce a renewable fertilizer product and deliver it to farmers on a large scale.”

In terms of a schedule, Holsether stated it would take five to seven years to get the project up and running.

Read more about clean energy from CNBC Pro

The founding of HEGRA is just one example of how companies are looking for ways to reduce the emissions associated with ammonia production.

Yara also works in Australia ENGIE in the development of a plant for the production of renewable hydrogen and ammonia. The project is supported by an Australian $ 42.5 million ($ 31.15 million) grant from the Australian Government.

Last week, oil and gas giant BP announced that “producing green hydrogen and green ammonia using renewable energy” is now technically feasible in Australia.

The conclusion of the energy major is based on the results of a feasibility study announced in May 2020, which is supported by the Australian Renewable Energy Agency, the solar developer Lightsource bp and the professional service company GHD Advisory.

In a statement, BP described the vast state of Western Australia as “an ideal place” to develop “large-scale renewable energy plants that can in turn produce green hydrogen and / or green ammonia for domestic and export markets.”

– CNBC’s Sam Meredith contributed to this report

Does perishable e-money signify the way forward for fiscal stimulus?

“IIf you want to see how the free market really works, this is the place, ”said Milton Friedman on“ Free to Choose, ”his 1980s television series. He was sitting on a cross-port ferry in Hong Kong. The city, he said, is “an almost laboratory experiment in what happens when the government … gives people the freedom to pursue their own ends”.

This week the same city started another experiment: not only giving people the freedom to pursue their own goals, but also giving them money for their own purchases. On August 1, Hong Kong residents received the first installment of the government’s consumer voucher in an attempt to revive the city’s battered retail trade. The amounts are generous (HK $ 5,000 or $ 640) and the distribution is smooth. The money is added to a person’s Octopus card (widely used in shops and public transit) or deposited into e-payment apps like Alipay. Shops are now competing for their customers’ undeserved money. The Mira Hotel, where Edward Snowden revealed America’s secrets to the world, offers a 75% discount on a romantic “Staycay”. In contrast to normal cash spending, these e-vouchers have to be issued within a few months. Otherwise they “expire”.

So will Hong Kongers use it or lose it? Similar experiments had mixed results. After South Korea provided perishable coupons in May 2020, only 36% of households said they had increased their retail spending (and some of them cut other spending). After Taiwan distributed physical vouchers in 2009, most people spent them on things they would have bought anyway, according to Kamhon Kan of Taipei’s Academia Sinica and his co-authors. Only about a quarter used it on unplanned purchases, which doesn’t make it any more effective than America’s more conventional tax rebates in 2008.

These shortcomings would come as no surprise to proponents of the “sustainable income hypothesis,” who argue that households will attempt to smooth out their consumption over time and spend a fraction of their estimated lifetime wealth. In these models, unexpected gains are largely suppressed. Hong Kongers cannot put their voucher money aside without losing it. But luck still lets them save more of their normal money because they don’t have to spend it on the things they buy with their vouchers.

The founder of the permanent income hypothesis was none other than Milton Friedman. If Hong Kong’s new experiment is to work as the government hopes, one of its most cherished cities will have to overcome one of its most famous theories.

This article appeared in the Finance & Economics section of the print edition under the heading “Temporary Income Hypothesis”

NFL star Saquon Barkley will settle for all future endorsement cash in bitcoin

Saquon Barkley relies on Bitcoin all
BTCUSD, + 0.48%.

The returning star of the New York Giants claimed on “The best business show“That he accepts all future marketing and advertising contracts he signs in Bitcoin.

“You see inflation and you see how high it is right now, and you learn that you cannot save your fortune,” Barkley said. “That’s why I’m going to take my marketing money in Bitcoin.”

See also: Bond King Jeff Gundlach says there’s a simple reason why government bond yields are so low despite rising inflation

Barkley, 24, says he will use the Strike crypto app for future bitcoin payments, adding that like well-known athletic investors, he wants to build “generational wealth” outside of the field Kevin Durant and Tom Brady.

Barkley has an impressive advertising portfolio with companies like Dunkin ‘Donuts, Nike. built up
OF, -1.11%,
Pepsi
PEP, + 0.24%,
Toyota
TM, -0.53%,
Visa
V, -0.10%
and Hulu – and he admitted during his interview that his annual advertising income is over $ 10 million.

See also: “We All Stopped”: Burger King Sign Goes Viral As Employees Leave

Barkley currently has one 4-year contract for $ 31.2 million with the Giants, which ends after the 2022 season.

And the running back isn’t the only athlete interested in Bitcoin and other cryptocurrencies. In 2020, Carolina Panther’s offensive tackle Russell Okung announced that he would convert half of his $ 13 million salary into bitcoin NFL draft pick Trevor Lawrence signed a contract with the crypto portfolio app Blockfolio and was paid for in a mix of Bitcoin, Ethereum
ETHUSD, -0.82%,
and Solana. Even Super Bowl champion and MVP Patrick Mahomes seems to be interested in cryptocurrencies.

Free agent NFL tight-end Sean Culkin told MarketWatch earlier this year that he will convert his entire NFL salary into bitcoin in 2021 because he was worried about falling and going broke like some other professional athletes.

“Everyone was broke not long ago,” Culkin told MarketWatch on the way home from off-season training sessions. “I see this new world starting to grow with crypto. I see it as gold
GC00, -0.98%,
digital gold, but better. “

McDonald’s minimal wage increase and the quick meals franchise future

Employees work at the counter of a McDonald’s restaurant in the company’s new corporate headquarters on June 4, 2018 in Chicago, Illinois.

Scott Olson | Getty Images News | Getty Images

For Tom Locke, his turning point in employee wages came back in March during a conversation with a tired store manager, Heidi, in Coventry Township outside Akron, Ohio.

Beginning of the week that MC Donalds The location she ran for his family business, TomTreyCo, had a record-breaking $ 18,000 in sales in a single day, but when he spoke to her at a booth, Locke found that despite her decades of dedication to his business, there was a staff shortage at the end of the Covid-19 pandemic have really taken their toll.

She described working a 12-hour shift, sleeping in her car for three hours instead of driving home for half an hour, followed by another full day on her feet. “I could see the stress on Heidi’s face,” Locke recently recalled. So he decided to make a change to the 45 McDonald’s locations that are part of his franchise business in cities in Pennsylvania, West Virginia, and northeast Ohio – he raised workers’ wages.

The youngest employees would make at least $ 13 an hour, and far more than what other local competitors offer for managers who would move up to $ 20 an hour.

“We were in a pretty strong financial position,” said Locke of the April decision, following consultation with his executive team and a thorough review of the models to study the cost and margin implications. “I felt if at any point we could do this to raise the salaries of all of our employees, it would be now.” he said.

Fast food payment under pressure

Fast food wage levels have been scrutinized over the past decade with the help of work-friendly policymakers and well-organized stakeholders like Fight for 15, who advocate a minimum wage of $ 15 an hour.

McDonald’s is perhaps more at the center of this criticism and controversy than any other brand, although its franchise model means that the vast majority of restaurant locations are actually operated by independent franchisees like Locke’s TomTreyCo, rather than the franchisor – McDonald’s itself. But thanks to the deeply intertwined relationship between the franchisor and franchisee, a decision to increase wages on either side of the franchise equation can have complex implications.

In May, just months after other heated disputes with franchisees over study programs and the payment of technology fees, McDonald’s announced that workers at McDonald’s 650 company-owned locations will receive an average pay increase of 10% by the end of June – entry-level employees will ever Earn $ 11-17 an hour by location, and Shift Supervisors will make $ 15-20 an hour. The company says the average wage for employees in in-house restaurants will be $ 15 an hour through 2024.

While the wage increases will only take effect in the locations that McDonald’s owns and operates, the company encouraged franchisees who run the roughly 13,000 other restaurants to do the same for their roughly 800,000 employees, causing anger and dismay among some franchise owners. The fast food giant sells 95% of its US restaurants.

What McDonald’s boss says about wages

McDonald’s is one of the restaurant chains emerging from the pandemic in a strong financial position, much like Chipotle did recently increased wages – and in this case the menu prices by 4%. And it has tried to financially support independent restaurant operators.

In one current interview at the CNBC Evolve Global Summitsaid Chris Kempczinski, McDonald’s CEO, the company’s decision to pump around $ 1 billion in liquidity into its system earlier this year after the worst of the pandemic ended – and in addition to several years of US balance sheet growth Part of an effort to turn the franchisee mindset away from worrying, “Will I be able to pay my mortgage or loan due this month? … be much more aggressive really.”

While not wanting to comment on an increased federal minimum wage, McDonald’s CEO said, “There’s no doubt that $ 7.25 is not what you should or have to pay to be competitive in the market today. … wages are rising because the economy is strong. “

Labor experts say McDonald’s move will put pressure on its franchisees.

“This will put a lot of public pressure on franchisees to do the same,” said Laura Padin, a senior labor advocate for the National Employment Law Project. “When this campaign started in 2011 or 2012,” Padin said of “Fight for 15,” a minimum wage of $ 15 was “intended as that kind of ‘pie in heaven’ target.”

The latest announcement from McDonald’s is proof of its effectiveness, Padin said. “The fact that companies are taking this initiative themselves only shows how much the movement has changed the narrative of what an acceptable minimum wage should be,” she said.

Franchise industry is pushing back

The franchise industry has made its position clear – minimum and maximum wages should be set by individual restaurant operators. “Franchisees are best placed to make wage decisions in their local communities,” said Matt Hauer, senior vice president of government relations for the International Franchise Association. He highlighted the cost differences between high-priced city zip codes and more rural locations.

The current focus on wage levels was due to a “union-driven campaign” to achieve certain organizational or political results by persuading the public that the franchise business model is in fact an enterprise model. In the public eye, he says, this is “to make a company like McDonald’s or Dunkin Donuts or Hilton Hotels one company, not a collection of many small companies doing business under a common brand.”

On July 7, 2021, in San Rafael, Calif., A sign reading “Now Hiring” is posted in the driveway of a McDonald’s restaurant.

Justin Sullivan | Getty Images

McDonald’s corporate view puts franchisees in the crosshairs of a battle that is being fought with massive competitors in a broader, low-wage landscape.

“I think what happens is you see that having a great economy is very helpful in increasing employee wages. And I think a lot of the changes that come from the wage perspective are because companies like McDonald’s have to compete for the best. ” Talent, “Kempczinski said.” If you have Walmart and Amazon, Target … all going to $ 15, that’s certainly a talent pool to compete with. “

How McDonald’s employees feel

Among workers advocating higher wages, a distinction between McDonald’s companies and franchisees can seem semantic.

“We don’t care if we work in a franchise or corporate business or not,” says Cristian Cardona, a 21-year-old who started working at a McDonald’s-operated restaurant in Orlando three years ago. “We all wear McDonald’s uniforms and we all earn a living wage.”

Cardona was first employed at $ 9.25 an hour, just a dollar more than the Florida minimum wage at the time. Then after a year he became a manager and rose to $ 11 before McDonald’s recently raised it to $ 13. “If McDonald’s companies can control how franchisees make and market their Big Macs, I know they can figure out how to pay every single worker a living wage of at least $ 15.” he said.

For Locke, the Ohio franchisee, adopting higher wages was ultimately more of a corporate than a moral choice. “I will be honest with you,” he said in a recent telephone interview. “If it wasn’t for a huge labor shortage, we might not have taken the action.”

We were just a virtual hamster on the hamster wheel: we weren’t going anywhere. The hardest part is hiring, retaining, and training great people.

Tom Locke, McDonald’s franchisee

At the beginning of the year, Locke had reduced his menu choices to improve his margins, but he was still grappling with staffing shortages. Around 250 employees would leave every month and just as many would have to be trained. In the catering industry, sales of over 100% are common.

“We were just a virtual hamster on the hamster wheel, we weren’t going anywhere,” he says. “The hardest part is hiring, retaining and training great people.”

But since his raise, which went ahead regardless of McDonald’s announcement, the following month, retention rates have skyrocketed.

To compensate for the higher costs, he has raised prices slightly, but believes that customers “expected” it, as his team has publicly communicated the higher wages for its workers. “It’s a long-term look at business as opposed to a very short-term look at business,” Locke said. “I think it’s a much better business model.”

This is an approach that shows more consistency than friction between McDonald’s companies and independent owners, and reflects the view of the McDonald’s CEO.

“We’re going to be transparent … We’re going to make absolutely long-term decisions, so let’s not intervene here and now for the short term,” Kempczinski told CNBC.

Kevin Feige hints at future MCU spin-offs | Leisure

Kevin Feige has pointed out future spin-offs and prequels in the Marvel Cinematic Universe.

The Marvel boss wowed fans by suggesting that “exploring the past, present and future of the MCU” is “on the agenda for all characters.”

During a press conference on ‘Black Widow’, the prequel in which Scarlett Johansson repeats her role as Natasha Romanoff / Black Widow, Feige said, “This movie and story is certainly a special case for Natasha.

“But the idea of ​​exploring the MCU’s past, present, and future certainly resides in the cards for all of our characters. This particular story of this particular line-up is very personal, very specific to Natasha. “

Meanwhile, the president of Marvel Studios recently stated that ‘Loki’ will have more “impact” on the MCU than any other show.

Miranda Kerr kept leeches after the facial

Britney Spears has

Feige is convinced that the new show – with Tom Hiddleston as the title character – which just landed on Disney + will usher in a whole new era for Marvel, just like what was done for ‘WandaVision’ and ‘The Falcon and the Winter Soldier’ Happened.

He said, “It’s hugely important. It will maybe have more impact on the MCU than any of the previous shows. What everyone thought about ‘WandaVision’ and was kind of true, and ‘The Falcon And The Winter Soldier’, which was kind of true, applies even more to ‘Loki’. “

And the producer promised that the character would “evolve” throughout the show.

He teased what fans could expect from the show, adding, “They want to see the characters change and evolve after about six hours. We’re not doing these shows radically, are we?”