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