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