PSFK examines trends in major corporations. The company does research for corporate clients to determine trends and consumer behaviors. PSFK has tracked consumer data through smartphones and other mobile devices for clients. They were founded by Piers Fawkes in 2004. Fawkes ran his own website with a blog. He relocated from London to New York and started covering technology and other trends on his blog, which formed the basis for PSFK. He worked as a dog walker and other odd-jobs until he started his startup. His first client was Anheuser-Busch. They had seven employees as of 2011. Clients include Coca-Cola, Target Corporation, BMW and Procter & Gamble.
In 2009, PSFK created a list of the top 10 most "inspirational brands," which included Google, Apple, Zipcar, and other major consumer companies. They gathered the list by reviewing the blogs that PSFK had written over a period of time and then had a panel of specialists review the subjects to create the list. They publish The Future of Retail annually, which covers trends and documentation about retail sales. Trends they have reported on include cyborgs, which they believe will become a commonality in technology by 2017.
The majority of their revenue comes from consulting, with the rest coming from conferences, special events, and advertising. The company offices are located on Bond Street in New York City. As of 2013, the company has 15 employees.