Weekly Industry Brief: 6.15.2015

Happy Monday! Check out industry news from the last week.  Sources in hyperlinked text after the headline.

Brand/Retailer:

  • Richemont invites LVMH to join site to compete with Amazon. Link
  • Blue Nile opens first standalone store. Link
  • Prada profit tumbles as luxury goods maker struggles in China. Link
  • Walgreens touches up its makeup in bid to win back customers. Link
  • Swatch plans to start selling sunglasses to boost product lineup. Link
  • Abercrombie gains as analyst sees growing faith in sales rebound. Link
  • Marriott is putting Netflix in its hotel rooms. Link
  • Old Navy pushes activewear to lure new shoppers. Link
  • Hotels offer luxury shopping inside your rooms. Link
  • What will Restoration Hardware’s new concept be? Link
  • Men’s Wearhouse wants to suit up Millennials. Link
  • Why Nordstrom will outperform Amazon over the next several years. Link
  • Sam’s Club expects drone sales to soar this holiday. Link
  • Target selling its pharmacies to CVS for $1.9B. Link
  • J.Crew lays off 10% of its headquarters. Link
  • American Apparel outlines its $1B roadmap. Link

Marketing/Social:

  • Facebook is handing out free beacons to retailers. Link
  • Facebook challenges Pinterest with newsfeed buy button for Shopify merchants. Link
  • YouTube announces a standalone gaming app to compete with Twitch. Link
  • Facebook Messenger dips a tow into games with ‘Doodle Draw.’ Link
  • Spotify raises $526M amid battle with Apple. Link
  • Bethany Mota overtakes Michelle Phan as YouTube’s top beauty producer. Link

Start-ups:

  • Wantlist is Tinder for fashion. Link
  • Julep partners with Lyft for nail polish offering. Link
  • This brand wants to revolutionize fashion by turning you into the designer. Link
  • Brit + Co confirms $20M raise led by Intel, acquires how-to app Snapguide. Link
  • Foundry group backs fashion inspiration start-up Looklist. Link
  • Start-ups clamor to be the Airbnb of boats. Link
  • Blue Apron confirms $2B valuation in latest funding round. Link

International:

  • Amazon.ca launching clothing, shoe stores. Link
  • Boots pleased with Asos click-and-collect pilot so far. Link
  • Apple Pay coming to UK in July. Link
  • PayPal launches One Touch web payments service in UK and Canada. Link
  • The fate of your cross border customer could hinge on shipping. Link
  • India’s Myntra wants to be fashion assistant to half a billion people—on their smartphones. Link
  • Line bets on streaming music in Japan. Link
  • Alibaba founder visits U.S. to lure businesses into China. Link

Mobile/Emerging Tech:

  • Apple to add cards from Discover and some stores to Apple Pay. Link
  • Dunkin Donuts to explore delivery and mobile ordering. Link
  • Walgreens rethinks mobile design for Apple Watch app. Link
  • Expedia boosts mobile momentum with new booking options. Link
  • Apple wants to be your DJ, wallet and newspaper. Link
  • Gimbal wants to turn vending machines, jukeboxes and other devices into beacons. Link
  • Square unveils mobile wallet-friendly credit card reader. Link
  • Google experimenting with large images in mobile search results. Link
Advertisement

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s