At any one time, tens of thousands of designers are sketching out their latest ideas, selecting appropriate fabrics, and planning how their creations should debut on the catwalk.
And in the “global village” – where social, political, and cultural information whizzes around constantly and near instantaneously – keeping up with these developments is virtually impossible.
But those of us who want to follow, first-hand, global fashion trends as they happen have at least one tool at our disposal: EDITD.
Recent geopolitical events (including the current situation in Ukraine, the Syria crisis, and the rise of ISIL) combined with recent financial events (most significantly the SNB’s decision to cease maintaining a fixed exchange rate against the Euro) have had a profound effect on currency markets.
In addition, more long-term factors, such as the US economy entering recovery, the Japanese economy continuing to flatline, Russia entering a deep recession, and growth in China slowing, are similarly affecting exchange rates.
But what does all this mean for multinational companies? How can they navigate such a volatile currency environment?
YouTube, whose first video was uploaded in April 2005 – and whose domain name was registered on 14 February of that same year – has just had its tenth birthday!
In that time it’s gained over one billion viewers; provided a platform for anybody who wants to broadcast their message (including us at last year's Digital Storytelling event); created numerous cultural phenomena; and caused TV executives to have countless sleepless nights.
But what does the future hold for YouTube and its users?