Weekly Industry Brief: 7.6.2015

Happy Monday! Light week of news (unless you are Amazon…) coming out of a long weekend in the U.S. All sources can be found in the hyperlinked text after the headline.

Brand/Retailer:

  • New Balance to challenge Nike with its biggest ad campaign ever. Link
  • Amazon partners with Michelle Phan on Amazon Fire TV app. Link
  • Sony uses new crowdfunding site to pitch advanced remote control. Link
  • Louis Vuitton opens private museum near Paris. Link
  • GoPro introduces smaller, simple action camera. Link
  • Amazon to mark 20th Anniversary with “Prime Day,” its answer to Black Friday. Link
  • Experiential commerce is the next billion-dollar opportunity for developers. Link
  • Bloomingdale’s to open first Hawaii store. Link
  • Amazon takes Prime Now outside U.S., opens one-hour delivery in London. Link
  • Pressure on margins is potentially weighing on H&M. Link
  • Tory Burch sets Paris flagship. Link
  • Apple Music offers a peak into the future of Apple Inc, and its stark contrast to Google and Microsoft. Link
  • Donna Karen steps down from Donna Karen International. Link
  • Michael Kors, Ralph Lauren, and Coach are making the same mistake. Link
  • Macy’s to phase out Trump’s menswear. Link 

Marketing/Social:

  • Google highlights low prices, mimicking Amazon. Link
  • Facebook changes up its video ad pricing after complaints from marketers. Link
  • Farfetch customers ‘unfollow’ the global fashion crowd. Link
  • How Facebook and Campbell Soup are trying to read your mind. Link
  • Fake accounts still plague Instagram despite purge. Link
  • Twitter now has ads on your mobile profile. Link
  • Twitter’s Project Lightening could be called ‘Moments.’ Link
  • Instagram photos are now bigger – if you know where to look. Link

Start-ups:

  • Sole Society raises $8M from Nordstrom and Insight Venture Partners. Link
  • RewardStyle raises $15M at $290M valuation. Link
  • On-demand cleaning startup Hassle mergers with Rocket Internet’s Helpling. Link
  • Splacer is Airbnb for event spaces. Link

International:

  • Harrod’s teams up with Borderfree for international ecommerce. Link
  • These four foreign brands are successful in China. Link
  • Amazon launches in Mexico. Link
  • John Lewis to charge for Click-and-Collect. Link
  • Xiaomi makes a huge splash in Brazil. Link

Mobile/Emerging Tech:

  • Pinterest launches buyable pins on iOS, taps Braintree and Stripe for processing. Link
  • In wake of Apple Music, SoundCloud update focuses on music discovery, better user experience. Link
  • MasterCard testing online purchases via facial recognition. Link
  • How virtual reality could change shopper marketing. Link
  • Messaging and the Apple Watch. Link
  • PayPal to buy online money-transfer company Xoom. Link
  • Can Shazam become music to retailers’ ears? Link 
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