Happy Tuesday! Industry news from the last week is below. Sources in the hyperlinked text after the headline. Have a great week!
Brand/Retailer:
- Modcloth to open first store, hire fashion director. Link
- Uber to unveil big ecommerce delivery program with retailers in the fall. Link
- Nike wants to win winter with a $185 hoodie. Link
- ASOS Chief and founder to step down after 15 years. Link
- Net-a-porter founder Natlie Massenet resigns. Link
- Fila teams up with Urban Outfitters for exclusive line. Link
- Etsy’s pulling the plug on Grand St. at the end of September. Link
- TrueCar helps Sam’s Club get into the car business. Link
- Amazon Dash button will now be effectively free. Link
- BagSnob celebrates 10 years with multi-brand ecommerce launch. Link
- High street retailers are launching own-brand beauty lines. Link
- Amazon, Google, Netflix team up for royalty-free video. Link
- Google wants to deliver your groceries. Link
- Staples, Office Depot certify compliance with FTC information re Link
- Uniqlo to open brand showroom as first Chicago store. Link
- Online back to school shopping increases 12%. Link
- Why fashionable millennials are flocking to online retailers like Everlane for wardrobe basics. Link
Marketing/Social:
- Facebook makes it easier to optimize ad campaigns based on conversions. Link
- Estimote creates an indoor location system using beacons and “nearables.” Link
- Facebook advances Bazaar marketplace ambitions. Link
- See the first brands to test Facebooks iAd-like mobile format. Link
- Reebok heads back to the gym with new marketing blitz. Link
- Emily Weiss, blogger to social brand builder. Link
- From TheFacebook.com to one billion users in a single day. Link
- Facebook’s Josh Miller named White House ‘Director of Product.’ Link
- Buzzfeed is laying groundwork for major expansion in Los Angeles. Link
- Why growth hacking is the next big thing in marketing. Link
Startups:
- Paris-based online consignment retailer, Vestiaire Collective, raises $37M to advance US growth. Link
- Amazon buys streaming video startup Elemental. Link
- What’s driving VC firms to take bigger risks. Link
- Why AOL bought Millennial Media for $238M. Link
- NewsCred nabs $42M to help marketers act as publishers. Link
International:
- Alibaba, JD.com target rural China for ecommerce growth. Link
- Myer partnership to bring Topshop into 20 stores across Australia. Link
- UK retailers post worst sales decline since financial crisis. Link
- Retailers prod China for lower prices after devaluation. Link
- Uber closes in on $1.2B funding for China. Link
- Twitter unlocks promoted tweets in 167 more countries. Link
Mobile/Emerging Tech:
- Amazon Prime expands video downloads to iOS and Android platforms. Link
- Thanks to Apple Pay, contactless payments will grow by 100% in 2015. Link
- Forget clothing labels, musicians all want to move into apps. Link
- Macy’s Backstage focuses on mobile to compete with discount retailers. Link
- Facebook messenger tops YouTube in app popularity. Link
- Amazon wants to sell you a $50 tablet this Fall. Link