Happy Monday! Below is a recap of industry news in fashion, retail, and technology. All sources can be found in the hyper-linked text after the headline.
Retailer + Brand News:
- NastyGal CEO steps down. Link
- Under Armour overtakes Adidas in U.S. sportswear market. Link
- Why teens have abandoned stores like Wet Seal, Delia’s and Deb Shops. Link
- Traditional stores still trounce ecommerce when it comes to returns, new survey says. Link
- Demandware snags point-of-sale provider Tomax to extend reach from web to store. Link
- Holiday spending reached a three-year peak in 2014. Link
- Etsy crafts IPO putting NY tech companies back on the map. Link
- Banana Republic to show at New York Fashion Week for the first time. Link
- DVF fuels IPO speculations. Link
- Urban Outfitters’ holiday sales jump; namesake brand returns to positive growth. Link
- Indiegogo signals a blending of crowdfunding and commerce. Link
- Wet Seal stock dives after filing for bankruptcy. Link
- Kate Spade Saturday x West Elm collection is here. Link
- Why Lilly Pulitzer for Target is going where no capsule collection has gone before. Link
- eBay smart mirrors at Nordstrom and Rebecca Minkoff stores. Link
- Ralph Lauren is pushing higher into luxury with new stores, accessories. Link
Social Media + Marketing:
- Facebook rolls out a platform for professionals called Facebook at Work. Link
- Marc Jacobs unveils new campaign with social media models. Link
- Xpire brings “disappearing” posts to Twitter. Link
- Facebook offers artificial intelligence tech to open source group. Link
- ‘Pinfluencers’ are getting paid, Pinterest itself not so much. Link
- MySpace still reaches 50 Million people each month. Link
- Facebook aquihires top members of influential design firm Teehan+Lax. Link
- Tinder captures brand dollars with Gillette deal. Link
- Five ways brands can use Snapchat to take back control of the retail experience. Link
- YouTube plans Super Bowl halftime show with online stars (and fake Super Bowl ads). Link
Start-ups:
- Kevin Rose leaves Google Ventures to work full-time on his mobile app development startup. Link
- ClosetSpace brings fashion inspiration and recommendations to your smartphone. Link
- Video chat app Rounds raises $12M in new funding led by Sequoia. Link
- Italist is like shopping the streets of Italy but online. Link
- True Fit raises $15M to give apparel shoppers confidence online. Link
- Grocery delivery start-up Instacart raises $220M. Link
- Big Data startup MongoDB is now valued at $1.6B. Link
International:
[APAC]
- How Dominos reinvented itself in India. Link
- Uniqlo owner promises to improve working conditions in China. Link
- Alibaba launching effort to woo US retailers. Link
- Alibaba buys controlling stake in Chinese internet marketing firm AdChina. Link
[EU]
- Amazon’s tax deal with Luxembourg may break rules, EU regulator says. Link
- ASOS shares jump on strong Christmas sales. Link
[CA]
- Target closing Canadian operations. Link
[LATAM]
- Nintendo pulls the plug on Brazil. Link
[AU/NZ]
- eBay launches click-and-collect in Australia. Link
Mobile, Tablet, + Wearables:
- Turn old clothes into cash with these mobile apps. Link
- Mobile commerce in 2015. Link
- Google to launch Project Ara market pilot in Puerto Rico later this year. Link
- Mobile app use isn’t replacing mobile web usage but driving it. Link
- Google Play’s app store and developer community grew faster than Apple’s in 2014. Link
- Microsoft announces a Skype for iOS testing program. Link
- Google launches classroom mobile apps for Android and iOS. Link
- Apple Watch companion app features said to include activity reminders, phone unlock. Link
- Apple and Ericsson sue each other over mobile patents. Link
- Google translate app gets an upgrade. Link
- Booking.com tries to personalize hotel choices with new app. Link
- Google is in talks to acquire mobile payments service, Softcard. Link
Other:
- Apple patent shakes GoPro’s stock. Link
- IBM wins most patents but Google and Apple climb in rankings. Link
- Google Domains launches to all in U.S. with support for blogger integration, templates and more domain endings. Link
- Google Glass sales halted but firm says kit is not dead. Link
- Google is bidding for a Pentagon contract worth more than $2B. Link