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Culture-Driven Collaborations

Magazines and Retail Chains Form Lucrative Partnerships

— April 16, 2009 — Pop Culture
Now more than ever, culture, music, art, and fashion have grown increasingly intertwined forming relationships stronger than ever before. A retail store is no longer solely a retail store; instead, it's a collaborative culture hotbed.

For instance, we are seeing an increased amount of record stores carrying clothing, bookstores carrying music, retail stores carrying home décor and having in-store concerts--as well as some superstores providing all of the aforementioned products in one convenient location. 

Stores seem to be thriving on selling a lifestyle and culture rather than a specific product. Now this might not seem like a revolutionary concept, but it is an interesting one to look at in the context of our current economic state.

To highlight this amalgamation of products thrown together to create a specific 'identity' are the partnerships between top industry magazines and retail stores. These relationships have become more prominent (and successful) over the last few years. For example, Vice and Aritzia have created a mini-magazine entitled “Secrets and Lies” together, advertising Aritzia’s clothing with the recognizable styling of Vice Magazine. 

Urban Outfitters sells a slew of Nylon Magazine-branded goods such as books, artist series plates, DVD’s, CD’s, and MP3 covers. Racked.com notes, "Urban Outfitters creative director Kevin Lyons said Urban is open to any product category Nylon suggests. 'As the line grows, both of us can grow together,' he said."

And they have done exactly that.

It is hard to narrow in on what will be next in the future of lucrative relationships, but one thing is for certain: In a time of economic crisis, it doesn’t hurt to have friends.
Trend Themes
1. Cultural Collaborations - Opportunities to form partnerships and collaborations between different industries to create a unique cultural identity.
2. Multifunctional Stores - The trend of retail stores expanding their offerings to include a wide range of products and services, blurring the lines between different industries.
3. Lifestyle Selling - Retail stores focusing on selling a lifestyle and cultural experience rather than a specific product.
Industry Implications
1. Retail - Opportunities for retail stores to form partnerships with other industries to create a unique shopping experience.
2. Magazines - Magazines can collaborate with retail stores to create branded merchandise and promotions, expanding their reach and revenue streams.
3. Music - Music industry can explore partnerships with retail stores to increase exposure and sales of their products, such as albums and merchandise.
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