Weekly Industry Brief: 1.18.2016

Here is a recap of news around the industry from the last week. Sources can be found in the hyperlinked text after the headline.

Brand / Retailer:

  • Big retailers search for their spot in shopping’s future. Link
  • Music meets fashion as Stella McCartney shows pre-fall line. Link
  • GoPro lays off 7% of staff, warns of poor sales. Link
  • Under Armour tumbles after analysts say it has a woman problem. Link
  • American Eagle managed to beat the odds this holiday season. Link
  • The Zappos exodus continues after radical management experiment. Link
  • Amazon to open pick-up spot on University of Pennsylvania campus in Philadelphia. Link
  • Amazon is expanding into the world of ocean freight shipping. Link
  • Why Under Armour is paying big ten money to sponsor Yale University sports. Link
  • Best Buy lowers sales outlook after holiday sales drop. Link
  • WalMart to close hundreds of stores. Link
  • US holiday sales rose 3%, missing projections. Link

Social Media / Marketing:

  • How Snapchat plans to compete with Facebook for advertising dollars. Link
  • Marketing in the moments, to reach customers online. Link
  • Coach invests in new campaign to help revive ailing brand. Link
  • Foursquare CEO steps down as app seeks to boost growth. Link
  • Twitter brings Periscope live video into the newsfeed. Link
  • WhatsApp is ditching its $1 annual subscription fee. Link
  • Marketers, welcome to the world of emotional analytics. Link
  • Marriott’s adventure in online content marketing continues with premier of latest film. Link
  • How Michelle Phan is changing the marketing playbook for makeup. Link

Start Ups:

  • Meet the houseware startups making high design more affordable. Link 
  • Ex-Googler’s new venture is turning weed into a hip, lifestyle brand. Link
  • Venture capital is terrible at online shopping. Link
  • Jawbone raises $165M at half its last valuation. Link

International:

  • Apple inks deal for Champs-Elysees deal for flagship store. Link
  • Burberry is growing in mainland China again. Link
  • Black Friday fuels surprise surge in Brazilian retail sales. Link
  • NetFlix global expansion attracts some unexpected customers. Link
  • China’s Baidu says in talks to invest in Indian ecommerce startups. Link
  • Slump in Hong Kong, Macau hit Burberry’s Christmas sales. Link

Mobile / Wearable / Emerging Tech:

  • Apple’s recent acquisitions point to an AR future. Link
  • Why other location-based technologies could steal beacons’ thunder in 2016. Link
  • Top IoT and wearable technology trends for 2016. Link
Advertisements

Weekly Industry Brief: 1.11.2016

Here are some of the things that happened over the last week in retail, technology, and fashion. All sources can be found in the hyperlinked text after the headline.

Have a great week!

Brand/Retailer:

  • Apple Music now has more than 10M subscribers. Link
  • Warm weather cost apparel stores hundreds of millions this fall and winter. Link
  • Ace to open hotel in New Orleans. Link
  • Hudon’s Bay to acquire Gilt Groupe for $250M. Link
  • What’s next for the American department store? Link
  • Why Finish Line is closing 150 stores even though ‘athleisure’ is booming. Link
  • Off-price retailers like TJ Maxx and Ross are thriving. Link
  • Holiday sales rise but not all retailers are cheery. Link
  • Holiday season winners and losers. Link
  • LuLuLemon reaches a turning point. Link
  • Macy’s slashes 4,000 jobs after huge drop in holiday season sales. Link
  • Old Navy sales tumble. Link
  • Kohl’s is debating whether to take itself private or break up the company. Link

Marketing/Social:

  • Instagram is now curating videos about live events. Link
  • Snapchat is building its own ad platform. Link
  • Target partnering with SoulCycle. Link
  • Burberry debuts on Apple TV with menswear fashion show. Link
  • Longer tweets said to be coming soon to Twitter. Link
  • What lies ahead for marketing in an increasingly ad-free future. Link
  • The White House joins Snapchat. Link
  • Burberry runs lunar New Year WeChat campaign. Link
  • Twitter wants to let brands turn your tweets into ads. Link

Startup:

  • How this bootstrapped company, Homepolish, is competing with a rival that raised $200M. Link
  • Japan’s fashion rental service AirCloset snags $8M. Link

International:

  • Amazon is letting UK shoppers to buy now, pay later. Link
  • Hong Kong retail sales figures fall for 12th straight month. Link
  • Wayfair roles out Canadian ecommerce site. Link
  • What Amazon Prime is like around the world. Link
  • Louis Vuitton sues counterfeit online sellers in China. Link
  • Victoria’s Secret to open first Southeast Asia flagship in Singapore. Link
  • Dolce & Gabbana appeals to Muslim consumers. Link

Mobile/Wearbles/Emerging Technology:

  • Under Armour gets serious about fitness tech with HealthBox, a big box of gadgets. Link
  • L’Oreal unveils smart skincare patch at CES. Link
  • Samsung’s smart clothes are wearables you’d actually wear. Link
  • Fashion icon Iris Apfel is designing wearables for Wisewear. Link
  • Apple acquires startup that reads emotions from facial expression. Link
  • Apple rolls out new betas across its platforms. Link

Weekly Industry Brief: 1.3.2016

Hi! Happy New Year! I haven’t published in awhile because I started a new job in a new city. I’m still figuring out my routine but hope to keep publishing on a regular schedule.  Capturing news about the retail/technology industries keeps me in the loop about my own industry and hopefully some of you find it helpful as well. If you do have any feedback or suggestions for me, leave it in the comments!

Cheers,

Carolann

Below is a recap of industry news from December 2015. All sources can be found in the hyperlinked text after the headline.

Brand/Retailer:

  • Cyber Monday Sales Top $3 Billion as Discounts Spur Buyers. Link
  • Ikea CEO Sees Online Accounting for 10% of Revenue by 2020. Link
  • Amazon is capturing bigger slice of US online holiday spending. Link
  • Yoox Net-a-Porter appoints executives from Instagram, La Rinascente to board. Link
  • H&M blames warm weather across US and Europe for sales miss. Link
  • How Primark is pushing into a cutthroat retail landscape. Link
  • How Boohoo.com releases up to 300 new products a day. Link
  • Apple doubles down on luxury image. Link
  • Alibaba hires ex-Apple investigator for global anti-piracy fight. Link
  • Holiday sales who online shift. Link
  • Hudson’s Bay is said to consider buying Gilt. Link
  • This big retailer could kill your subscription startup. Link
  • Holiday shipping delays claim retailer Jet.com. Link
  • Retailers face challenges as click and collect gains popularity. Link
  • Abercrombie & Fitch President steps down, Hollister president promoted to dual role. Link
  • More businesses are varying prices by the day, the hour, even the minute. Link
  • Retailers that dominated in 2015. Link
  • Why men are going to brick-and-mortar stores in the digital age. Link

Social/Marketing:

  • Pinterest Acquires Two Image Indexing Startups In Mobile Shopping Push. Link
  • Burberry campaign gets raw, goes 3D with DreamWorks. Link
  • Facebook plans to shape up social software for work in 2016. Link
  • Menswear site Four Pins shutting down. Link
  • Carine Roitfeld’s second collaboration with Uniqlo will hit stores in February. Link
  • A Nasty Gal and Courtney Love collaboration is happening. Link
  • Facebook tests interest-specific newsfeeds on mobile. Link
  • Snapchat is making its own original content for Discover again. Link

Startups:

  • Custom Suit Startup Indochino Wants More Physical Stores. Link
  • Four Nest Alums are opening a retail store to sell trendy tech gadgets. Link
  • A Tinder-like shopping app looks to keep shopping simple. Link
  • Lyft doubles funding with new $1B round. Link
  • Ayr to branch off from Bonobos to form as its own standalone company. Link

International:

  • Net-a-porter China’s GM talks mobile sales and Yoox merger. Link
  • Rakuten to set up shop on JD.com. Link
  • Europe’s privacy revolution sends shivers through Silicon Valley. Link
  • China 2015 retail sales to rise almost 11%, slower than 2014. Link
  • Currency fluctuations drive Chinese consumers to Japan. Link
  • Alibaba warned by US to combat sales of counterfeit products. Link
  • Abercrombie and Fitch opens first store in Dubai. Link
  • Starbucks launches ecommerce site on Alibaba’s TMall. Link
  • Walmart considers closing 5% of its Brazil stores. Link
  • Woolworths follows Macy’s, Costco with plans for TMall shopfront. Link
  • Apple Pay seeks growth in Asia, Europe after slow US adoption. Link
  • Amazon UK to expand grocery range in 2016. Link

Mobile/Emerging Tech:

  • Walmart Prepares to Enter Mobile Payments Business. Link
  • Target thinks it has enough customer trust to get into the mobile wallet game. Link
  • You can now hail an Uber via Facebook Messenger. Link
  • Who’s winning the 3D printed shoe race? Link
  • Mobile shopping up but US lags other parts of the globe. Link
  • How retailers are using mobile messaging to change the way we shop. Link