Hi! Here is a recap of industry news over the last week. Sources can be found in the hyperlinked text after the headline.
Brand/Retailer:
- American Eagle acquires high-end men’s label Todd Snyder. Link
- Google aims to begin drone package deliveries in 2017. Link
- Best Buy hopes same-day delivery will fend off Amazon. Link
- Amazon opens a bookstore in Seattle. Link
- Sephora blends mobile with bricks-and-mortar for first connected boutique. Link
- Burberry to unify brands under one label in bid to boost appeal. Link
- Chanel expands ecommerce business with sunglasses. Link
- JD sues Alibaba for misleading users with speedy delivery pledge. Link
- H&M’s limited supply of Balmain overwhelms stores, website. Link
- Michael Kors CEO vows to end retail rollout. Link
- Holiday shoppers plan to spend more as retailers introduce marketing promotions. Link
Marketing/Social:
- Starbucks’ seasonal #RedCups triggers excitement online. Link
- Facebook debuts a new way to share music with your friends. Link
- Vice’s new Viceland channel promises to remake cable with edgy infomercials. Link
- Pinterest pushes buyable pins to Android phones, introduces Pinterest Shop. Link
- YouTube now supports 3D virtual reality video. Link
- Why the collection should be called Balmain x H&M x Instagram. Link
- Twitter stars and favorites are replaced by hearts and likes. Link
- Facebook says ad-blocking technology could have impact on sales. Link
Startups:
- How this startup used Slack to prototype its app’s coolest feature. Link
- Match, owner of dating sites like Tinder, seeks $403M in IPO. Link
- Deliv acquires Zipments to grow its same-day delivery service in NYC. Link
International:
- Sephora to open shops in Iran next year. Link
- Ikea to double stores in Canada even as website sales soar. Link
- Why Singles’ Day in China is bigger than Cyber Monday. Link
Mobile/Emerging Tech:
- The North Face gives shoppers virtual reality experience. Link
- Urban Outfitters embraces mobile shopping’s future with 3D Touch support. Link
- Honest Beauty line comes to mobile with an app offering shopping and makeup tips. Link
- Best new features of Android Marshmallow. Link
- MIT is opening an innovation center in Hong Kong. Link
- Apple debuts shopping category on the app store. Link