It's make or break time for one royal business
Together with [Kimpton Hotels]( [September 18, 2022]( | [View Online]( | [Sign Up]( | [Shop]( Will Varner IN THIS ISSUE The shaky future of royal merchandise Big Tech wants even bigger apps Famous brothers Ron and Clint Howard fill out the Questionnaire  VIBE CHECK  # âNow that you know we exist...you should really try our pillowy biscuits.ââHardeeâs apparently [subtweeting]( Mike Lindellâs allegations that the FBI seized his phone at one of their drive-throughs âWell, Pepsi filed for bankruptcy twice, right? Does it make the Pepsi taste less good?ââcrypto company Celsiusâs CEO Alex Mashinsky about his company entering bankruptcy âIf you were to pay me is there any way the media could find out where it came from and how much?ââBrett Favre [texting]( former Mississippi Gov. Phil Bryant about securing welfare funds for a new volleyball stadium  AUTUMN DEBATE  # âAmanda Hoover  GROUP CHAT  [The enduring dream of a super app](
[The enduring dream of a super app]( Mark Zuckerberg long dreamed of a super app, a one-stop shop for calls, chats, bill paying, and shopping. Facebook has been experimenting with ideas for expanding its Marketplace services and getting into the dating game, while Instagram is transforming into a virtual mall. In August, WhatsApp, also part of Zuckerbergâs Meta empire, announced that it would partner with Jio Platforms to provide grocery delivery in India. The super app concept isnât new; itâs already pretty common in Asia. Chinaâs WeChat is probably the best known. Though it began as a humble chat app, itâs since grown into an app for ordering food, hailing cabs, and even getting a loan preapproved. Itâs almost impossible to live in China without it. But it might not be the best example for Meta and other Western tech giants to follow: The highly censored app is part of Chinaâs surveillance network and routinely turns user data over to the Chinese government. Itâs not only Zuckerberg who wants a super app: In June, Elon Musk sketched up a similar blueprint for Twitter when acquiring it. âThereâs no WeChat equivalent out of China. Thereâs a real opportunity to create that,â Musk said. Snapâs Evan Spiegel has been busy building a super app ecosystem as well: Since 2020, Snapchat has added features to book movie tickets, meditate, and make flashcards to study for exams. Then thereâs Uber. Once synonymous with ride-hailing services, it now offers food and retail delivery as well. Plus, Uber may soon expand to planes and trainsâitâs currently piloting a travel booking program in the UK. âThe more services, the stickier and more lucrative,â Scott Galloway [wrote]( for New York Magazine. But a super app has its problems, too; namely that if itâs not done just right, it can quickly become unusable. As Instagram has tried to grow into a super app, itâs driven away users who say itâs simply not cool anymore. Competition supposedly fuels innovation, so where do users escape if a super app is all thatâs left? Super apps would further consolidate tech giantsâ dominance, which has been under scrutiny for years. Then thereâs the issue of privacyâand thatâs a big one, especially in the US. Facebook doesnât have a great track record of protecting private information. Plus, as it notes in its TOS, the app continues to âcollect location information.â A Meta-built super app could exacerbate this problem. Whether or not a super app will be born in the US, the transition from single-purpose apps to multifeature super apps seems inevitable. Tech giants need to sustain their growth by offering new services and expanding their identities in a slow economy. And the simple truth is that with dozens of apps we use occasionally, our smartphones quickly become app dumps. âSherry Qin mailto:?subject=Check%20out%20this%20story%20from%20Morning%20Brew%21&body=The%20enduring%20dream%20of%20a%20super%20app%3A%20https%3A%2F%2Fwww.morningbrew.com%2Fdaily%2Fstories%2F2022%2F09%2F15%2Fthe-enduring-dream-of-a-super-app%3Futm_campaign%3Dmb%26utm_medium%3Dnewsletter%26utm_source%3Dmorning_brew%0A%0AWant%20more%20great%20content%3F%20Subscribe%20to%20Sunday%20Edition%20%E2%80%94%20Delivering%20the%20latest%20business%20news%20from%20Wall%20St.%20to%20Silicon%20Valley%20daily.%0Ahttps%3A%2F%2Fwww.morningbrew.com%2Fdaily%2Fr%2F%3Fkid%3Da905682a%26utm_source%3Demail_share%0A Â SUNDAY FUNDAY Â #
[a puzzle piece, a chess piece, a rendering of a crossword ] A Sunday crossword that nods to the news of the week. [Play it here](.  TOGETHER WITH KIMPTON HOTELS That email *should* have been a meeting [Kimpton Hotels]( Thatâs what youâll say after attending your first meeting or event at one of [Kimptonâs hotels and restaurants](. They offer unparalleled experiences and best-in-class hospitality, letting you bring people together and connect in a meaningful way. You can throw your standard meeting + event format out the window, too: At Kimpton, thereâs no ordinary agenda. Need a boardroom? Sure, theyâve got those. But you could also liven things up with activities such as cocktail-making classes, private concerts, and rooftop yogaâ¦because thatâs the exact kind of ~inspired hospitality~ that sets Kimpton apart. [Plan your meetings + events at a Kimpton]( and watch those RSVPs roll in fast.  LONG READ  [The uncertain future of royal merchandise](
[The uncertain future of royal merchandise](Will Varner In the Buckingham Palace Shop at the intersection of Buckingham Palace Road and Palace Streetâthe official royal gift shopâthe windows have been blocked out with thick, velvety purple curtains since the death of Queen Elizabeth II earlier this month. It evokes (perhaps unintentionally) a coffin, and that association is even sharper next door, at Majestic Gifts, where an explicit shrine of mourning is surrounded by a display offering queen-themed keychains, mugs, salt and pepper shakers, posters, pens, teddy bears, dishes, wine glasses, and bobblehead dolls. Much of it is still celebrating the queenâs Platinum Jubilee, which ended in June. Queen Elizabeth merchandise is a dying breed. I asked the floor manager at Majestic Gifts, Nasir, a seemingly straightforward question after the accession of King Charles III: Does this shop have any Charles merchandise? He squinted and turned his face as if he runs a candy shop and I had just asked for something that tastes like broccoli. âNo,â he said decisively. âThereâs nothing.â When I pressed, he said that over a month ago he had some Charles mugs, but they didnât sell. At store after store across London, itâs the same story: royal merchandise almost exclusively dedicated to the late queen, and a series of askance glares when asked about the desirability of Charles merchandise. Itâs not a matter of being too soon. Down the street from Majestic Gifts, at Cool Britannia, the staff were already walking around in sweatshirts marking the queenâs death with the phrase âForever in our heartsâ¦1926â2022.â Merchants have the ability to produce Charles-themed memorabilia; itâs just that no one wants it. Around some of Londonâs biggest tourist neighborhoodsâBuckingham Palace, Trafalgar Square, Notting Hill, Covent Garden, Leicester Square, and Piccadilly Circusâthere is a far greater chance of finding merchandise of Mr. Bean, the British cult television character whose eponymous show ended in 1995, than of the new king. Thereâs even a better chance of finding Donald Trump merchandise in a British souvenir shop in 2022 than there is of anything Carolean. A 2021 poll found the queenâs brand allure was âgreater than Nike, Ferrari and Pepsi.â For good reason: A 2018 YouGov poll found that 31 percent of Britons had seen or met the late queen in person, as opposed to 16 percent for then-Prince Charles, five percent for Prince William, four percent for Prince Harry, three percent for Kate Middleton, and only one percent for Meghan Markle. Put plainly, the queen was the British monarchy, and without her, international interest in the Windsors seems uncertain, as does the entire business of selling royal merchandise. According to the Centre of Retail Research, the British public spent £282 million on memorabilia for this yearâs Platinum Jubilee. Only the weddings of other royalsâCharles and Diana in 1981, and William and Kate in 2011âeven come close to the queenâs regular merchandise hauls. William and Kateâs wedding, for example, saw £134 million spent on merchandise, and many shops still sell things like tea towels to commemorate the blessed event. âThe audience for anything royalânews, merchandise, fashion, anythingâhas been a world by women for women,â said Elizabeth Holmes, proprietor of an Instagram that offers insights into the royal family and writer of a New York Times bestseller on the subject, HRH: So Many Thoughts on Royal Style. C[ontinue reading this story by Richard Morgan on businesses fueled by the queen and her international popularity.]( mailto:?subject=Check%20out%20this%20story%20from%20Morning%20Brew%21&body=The%20uncertain%20future%20of%20royal%20merchandise%3A%20https%3A%2F%2Fwww.morningbrew.com%2Fdaily%2Fstories%2F2022%2F09%2F16%2Fthe-uncertain-future-of-the-royal-merchandise-business%3Futm_campaign%3Dmb%26utm_medium%3Dnewsletter%26utm_source%3Dmorning_brew%0A%0AWant%20more%20great%20content%3F%20Subscribe%20to%20Sunday%20Edition%20%E2%80%94%20Delivering%20the%20latest%20business%20news%20from%20Wall%20St.%20to%20Silicon%20Valley%20daily.%0Ahttps%3A%2F%2Fwww.morningbrew.com%2Fdaily%2Fr%2F%3Fkid%3Da905682a%26utm_source%3Demail_share%0A  Q&A  [Brew Questionnaire with Ron and Clint Howard](
[Brew Questionnaire with Ron and Clint Howard](Broomvector Youâve heard of Ron Howardâheâs probably directed some of your favorite movies, like A Beautiful Mind, Apollo 13, and Splash. Heâs also won some awards, including two Oscars. You might also hear his voice in your head sometimes, saying things like, âOn the next episode of Arrested Development, Buster moves to the kitchen.â (Or maybe thatâs just us.) If youâve seen a Ron Howard movie, then youâre also familiar with his brother, actor Clint Howard, who has appeared in most of them. His other credits include Star Trek, Seinfeld, and an iconic turn in The Waterboy. Your parents definitely know them from their days as child stars, from classic shows like Happy Days, Gentle Ben, and The Andy Griffith Show. Now the Howard brothers have a new book, [The Boys: A Memoir of Hollywood and Family](. In it, they frankly and fondly share their unusual family story of navigating and surviving life as sibling child actors. They were kind enough to take a break from their busy schedules to fill out the Brew Questionnaire. Whatâs the best advice you ever received? Ron: Henry Fonda advised me once that as an actor or director in the entertainment business, if you didnât take on a creative challenge which scared the living hell out of you every 18 months or so, then you werenât really trying and you didnât deserve much respect or success. Clint: It came from my dad many years ago. He told me to always listen. Really listen. I realize itâs simple, but itâs always served me well. Another piece of great advice came years later from a friend. Never make a decision when youâre angry. Allow yourself to be angry, but donât corner yourself with raging decisions. Whatâs the most embarrassing song youâll admit to liking publicly? Ron: Jan and Dean, âLittle Old Lady from Pasadena.â Clint: âCastawaysâ from The Backyardigans. It was introduced to me by my daughter, and I catch myself singing it all the time. What fictional person do you wish were real? Ron: Any one of the Neanderthal characters from the old Geico commercialsâ¦man, would I have questions for those dudes. Clint: Captain Kirk. What real person do you wish were fictional? Ron: Choose any autocratic demagogue past or present and make him or her a Bond villain, an anime baddie, or the subject of an audaciously dark-but-zany Broadway musical. Clint: Dr. Fauci. How would you explain TikTok to your great-grandparents? Ron: Itâs like if a bunch of flappers, sheikhs, and hooligans from all around the world lost their fool heads on New Yearâs Eve and started kiddinâ around with a Dick Tracy wristwatch. And, oh yeah, they brought their damn pets with âem, too. Clint: âGreat Grandma, Great Grandpa, you do something silly, and Iâll make sure millions of people can see it.â What always makes you laugh? Ron: Currently, itâs the SmartLess podcast. Those three self-proclaimed idiotsâJason Bateman, Will Arnett, and Sean Hayesânever fail to make me laugh out loud. Clint: My best laughs happen with my wife, Kat. We are so close that when we share a laugh, it not just tickles my funny bone, it warms the deepest place in my heart. If you were given a billboard in Times Square, what would you put on it? Ron: An image of separate scowling and angry red and blue people on either side of the billboard with some joining in the middle of the image where those people take on a purple hue as sunshine bathes their relaxed expressions in illumination. They look festive; they seem to be dancing and enjoying life. The text below says, âMeet me in the middle, where the real action is.â Clint: Iâd put a big picture of me on it. Maybe it would scare up some work. âInterview by Rohan Anthony mailto:?subject=Check%20out%20this%20story%20from%20Morning%20Brew%21&body=Brew%20Questionnaire%20with%20Ron%20and%20Clint%20Howard%3A%20https%3A%2F%2Fwww.morningbrew.com%2Fdaily%2Fstories%2F2022%2F09%2F14%2Fbrew-questionnaire-with-ron-and-clint-howard%3Futm_campaign%3Dmb%26utm_medium%3Dnewsletter%26utm_source%3Dmorning_brew%0A%0AWant%20more%20great%20content%3F%20Subscribe%20to%20Sunday%20Edition%20%E2%80%94%20Delivering%20the%20latest%20business%20news%20from%20Wall%20St.%20to%20Silicon%20Valley%20daily.%0Ahttps%3A%2F%2Fwww.morningbrew.com%2Fdaily%2Fr%2F%3Fkid%3Da905682a%26utm_source%3Demail_share%0A  TOGETHER WITH VIN SOCIAL [vin social]( Imagine this: The fresh Mediterranean breeze against your skin after a quick dive. An everyday experience in the motherland of Rosé. The only thing missing? A glass of it. Pink juice + blue water. Can you picture it? Travel through the glass with [Vin Social](âs new Grand Cru membershipâ¦because lifeâs too long not to experience the good stuff. [Learn more here.](  BREW'S BEST  # Fear and loathing at Goldman Sachs: As one of the few women managing directors at Goldman Sachs, Jamie Fiore Higgins saw it all: lavish parties fueled by alcohol and drugs, affairs flaunted in the office, and a discriminatory company culture that purposefully held back women and people of color. Fiore Higgins talked to us about her experiences at Goldman, her memoir, and her thoughts on how to make long-lasting changes in the finance industry. [[Morning Brew](] Baseball cards are back, baby: The trading card industry was an unexpected stay-at-home economy winnerâeBay [sold]( more than 4 million cards in the US, marking a 142% increase in domestic sales in 2020 compared to 2019. Capitalizing on the trend, sports orgs brought cards to the digital space by launching sports NFTs, some of which have been sold for an obscene amount of cash. [[Morning Brew](] The best thing we read this week: Jann Wenner wants to reveal it all. The Rolling Stone founder talks about LSD, not reading the magazine anymore, and how the Stones now look like Lord of the Rings characters onstage. [[New York Times](] *Game on! Our very own Alex Lieberman will host his Strategy for Creators course on Oct. 17. With guests like Codie Sanchez and Sahil Bloom, sharing their expert insights, you wonât want to miss it. [Sign up today](!  THE END  # [null] âAmanda Hoover Written by [Rohan Anthony](, [Stassa Edwards](, [Amanda Hoover](, Richard Morgan, [Sherry Qin](, [Ashwin Rodrigues](, and [Holly Van Leuven]( Was this email forwarded to you? Sign up [here]( WANT MORE BREW? Industry news, with a sense of humor â - [CFO Brew](: your go-to source for global finance insights
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