WEEKLY INDUSTRY BRIEF: 2.2.2015

Hi there! Below is a recap I compiled of industry news over the last week.  All sources can be found in the hyper-linked text after the headline.

Retailer + Brand News:

  • Kate Spade Saturday and Jack Spade to shut down all stores. Link
  • Crew loses 2nd major exec in three weeks. Link
  • H&M profit rises 12% in Q4. Link
  • Yahoo spins off $40B stake in Alibaba. Link
  • H&M is opening 400 stores this year and launching a new beauty range. Link
  • Why Target’s new plus-sized line could redefine $17.5B underserved market. Link
  • Amazon rewards sellers who offer free shipping. Link
  • Google’s BrandLab wants to save businesses (and Google). Link
  • Gap’s creative director Rebekka Bay exits. Link
  • Forever 21 coming to Fifth Avenue. Link
  • Rachel Zoe to launch maternity line. Link
  • Apple reigns supreme when it comes to making money, but now faces even greater expectations. Link
  • Coach shuffles execs, sales fall again. Link
  • Under Armour taps former Nike exec to head footwear business. Link
  • Adobe is suing Forever 21 for pirating Photoshop. Link
  • Amazon’s latest foray: back end email systems. Link
  • AOL lays off 150 staffers. Link
  • Conde Nast unveils branded content shop powered by editors. Link
  • com co-founder to launch artsy online marketplace. Link
  • Jones New York to close stores, end wholesale business. Link
  • Ikea looks to catch up with online retail. Link

Social Media + Marketing:

  • Lyft rolls out national marketing campaign. Link
  • Snapchat’s new Discover feature puts news and entertainment a swipe away from your stories. Link
  • Starbucks, Match want you to have your first date at Starbucks. Link
  • Twitter adds group messaging and video recording. Link
  • Pinterest pushes ads further toward users’ personal spaces. Link
  • TMobile, Macy’s among first advertisers on Snapchat Discover. Link
  • McDonald’s gives away every product advertised during Super Bowl. Link
  • The average Super Bowl commercial could generate as much as $10M in ad value. Link
  • Why Nordstrom’s digital strategy works. Link
  • Twitter displays its value with instant timeline for new users. Link
  • P&G’s #LikeAGirl ad scored the most social buzz during the Super Bowl. Link
  • Vine introduces Vine Kids. Link

Start-ups:

  • Fresh Monk secures new funding round for crowdfunded tshirts. Link
  • ClosetSpace digitizes your closet, builds outfits and offers fashion tips. Link
  • With $40M in recent funding, Classpass hires execs. Link
  • Mobile loyalty startup Lootsie raises $3.5M. Link
  • Minibar offers on-demand booze delivery in 13 cities. Link

International:

  • [APAC]
    • Apple China sales top $16B in Q1. Link
    • H&M to launch in three new Asian markets. Link
    • Free Shipping is the default for Korea. Link
    • Alibaba to launch fund for Hong Kong startups. Link
    • Apple ranks as China’s most desirable luxury brand. Link
    • com follows its own path. Link
  •  [CA]
    • Uniqlo to open Canadian stores. Link
    • Sears Canada names acting president – CEO to top management job. Link

Mobile, Tablet, + Wearables:

  • Facebook tests beacons to feed users local content. Link
  • Apple Watch to ship in April. Link
  • The next step for the mobile wallet? Loyalty programs. Link
  • FTC says internet-connected devices pose big risks. Link
  • Google Now will suck in outside app data. Link
  • Loyalty programs see boost as they go mobile. Link
  • Apple stores to act more like jewelry stores for upcoming gold Apple Watch. Link
  • iPad experiences 18% drop in sales, 22% fall in revenue. Link
  • Android breaks 1B mark for 2014, 81% of all 1.3B smartphones shipped. Link
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