Happy Monday! Below is a recap of industry news from the last week. Sources can be found in the hyperlinked text after the headline.
Brand/Retailer:
- Balmain is next H&M collaboration. Link
- Exchange rates took a toll on Gap’s Q1 results. Link
- H&M readies new beauty line. Link
- Nordstrom outlet stores fuel growth. Link
- Opening Ceremony signs footwear license with Aldo product services. Link
- Net-a-porter takes on Neiman, Nordstrom and Sakes with new app. Link
- WalMart to test an unlimited three-day shipping service that’s half the price of Amazon Prime. Link
- Macy’s embraces a “digical” world. Link
- Verizon to buy AOL for $4.4B. Link
- Amazon is working with indie merchants to expand Prime inventory. Link
- JetBlue upgrades Amazon Prime members. Link
- Why Nordstrom is the Amazon of department stores. Link
- Macy’s adding a touch of luxury to its platinum stores. Link
- Old Navy thrives after a style-conscious rebirth. Link
Marketing/Social:
- Apple may include social network for stars in its new streaming music service. Link
- Twitter seeks path to more video bingers. Link
- With Facebook’s instant articles, publishers may find 70 cents is better than a dollar. Link
- Pinterest survey finds service influences purchasing decisions. Link
- Facebook tests search engine to share links. Link
- Taylor Swift nabs Twitter’s first celebrity custom emoji. Link
- Lonely Planet will launch its first U.S. magazine as interest in international travel grows. Link
Start-ups:
- Meet MikMak, the shopping app aiming to be QVC for millennials. Link
- Decorist raises $4.5M to bring customers affordable design advice and room makeovers. Link
- Tango offers shopping on its messaging service. Link
- Former Lucky editor gets into tech scene with shopping app. Link
- Carl Ichan takes $100M stake in Lyft. Link
International:
- Apple bullish on Apple Pay in China amid talks with Alibaba. Link
- Walmart taps Alipay to bring mobile payments to 25 China stores. Link
- Sephora picks JD.com for China online store. Link
- India’s largest online fashion portal Myntra goes mobile-only. Link
- Zalora is using a pop-up shop to grow in Hong Kong. Link
- No end in sight for Alibaba’s counterfeit problem. Link
- Ikea to test new, smaller retail concept at new store in Ontario. Link
- Kijiji, a flop in the U.S., rules online classifieds in Canada. Link
- UK online fashion retailer Farfetch snaps up London’s Browns. Link
Mobile/Emerging Tech:
- Apple buys GPS firm Coherent Navigation. Link
- Marriott launches Concierge App, letting guests text in any request, anytime. Link
- North Face uses virtual reality in stores. Link
- Swatch to sell low-price watch with mobile payment functions. Link
- Mobile shopping app Wish raised $500M at $3B valuation. Link
- Google reportedly will add buy buttons to its mobile search results. Link
- Amazon Echo finally lets you shop with just your voice (sort of). Link
- Smartwatches are expected to fuel ads on wearables. Link
- Google’s self-driving cars hit the road this summer. Link