WEEKLY INDUSTRY BRIEF 3.2.2015

Hi there! Below is a recap of industry news over the last week that I’ve compiled.  You can find a source or read the full article by clicking the hyper-linked text after the headline. Have a great week!

Retailer + Brand News:

  • American Apparel names marketing, digital executives. Link
  • Macy’s shares drop on cautious outlook. Link
  • How Nordstrom plans to stay dominant in ecommerce. Link
  • Online convenience is the new face of retail disruption. Link
  • Target sales grow at fastest rate in three years. Link
  • Gap chooses PINK creator to revive its namesake stores, lead design team. Link
  • Urban Outfitters announces $20M share buyback. Link
  • NastyGal raises $16M. Link
  • Nordstrom launching collaboration with Piece & Co. Link
  • Analysts say Americans love sweatpants too much for athleisure to go away. Link
  • Best Buy opens a Seattle-based technology development center focused on mobile and ecommerce. Link
  • Ikea introduces furniture you can charge your smartphone on. Link
  • HTC and Under Armour are doing a fitness wearable. Link
  • Burberry takes digital innovation in stride at London Fashion Week. Link
  • Rebecca Minkoff’s store of the future. Link

Social Media + Marketing:

  • Facebook, with over 2 million active advertisers, launches ads manager app for iOS. Link
  • Why the print catalog is back in style. Link
  • Snapchat’s Our Stories are generating tens of millions of views. Link
  • Conde Nast closes blog network NowManifest. Link
  • Apple Watch gets 12-page ad spread in Vogue. Link
  • Google puts ads in its app store to court mobile app marketers. Link
  • Pinterest scores highly in new eMarketer report. Link
  • Mobile ad spending not equal around the world. Link
  • Converse breaks ‘Made By You’ campaign for Chuck Taylors. Link
  • Victoria’s Secret runs ads on People Magazine’s Snapchat. Link

Start-ups:

  • Waffle House partners with “sharing economy” delivery service Roadie. Link
  • Magic is a start-up that will bring you anything if you’re willing to pay for it. Link
  • The Black Tux seeks to disrupt the tuxedo rental business. Link
  • Outfittery raises $20M for its curated shopping service for men’s clothing. Link
  • Rocket Internet’s latest company is a career listing sit called Everjobs. Link

International:

  • [APAC]
    • Amazon could be landing in South Korea soon. Link
    • China’s economy to grow about 7% this year. Link
    • Should luxury retailers give up on Hong Kong? Link
    • Japanese ecommerce giant Rakuten may accept bitcoin. Link
    • Chinese rivals snap at Alibaba’s heels in cross-border ecommerce race. Link
  • [EU]
    • Wedding Wire acquires Spain-based Wedding Planner with plans to go global. Link
    • Turkey’s online retail market enjoys investment boom. Link
    • London designers pin hopes on next generation of online shoppers. Link

Mobile, Tablet, + Wearables:

  • Target tests mobile loyalty app to drive in store purchases. Link
  • On the cusp of a mobile shopping revolution. Link
  • The Apple Watch is nearly ready but is the public? Link
  • HTC unveils new phone and wearable device. Link
  • Venmo was ordered in July to address security issues. Link
  • LG’s watch adds another player for the wearable platform wars. Link
  • Google strikes a deal with carriers for payments. Link
  • Samsung launches two new smartphones, mobile wallet. Link
  • Transactional flexibility is the future of payments. Link
  • Tinder launches Tinder Plus. Link
  • Samsung launches its own mobile money service called Pay. Link

Other

  • The opportunity in online luxury fashion. Link
  • Google unveils plans for new corporate campus. Link
  • Why physical stores and brands still matter. Link
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