Sorry I missed the update last week– was busy, busy! Check out some industry highlights from the last two weeks. Sources can be found in the hyperlinked text after the headline.
Brand / Retailer:
- Sephora created an accelerator program for female-led beauty startups. Link
- Tiffany’s cuts jobs as sales lose sparkle. Link
- Ikea wants you to stop throwing away your furniture. Link
- Birchbox cuts 15% of staff and puts Canada plans on pause. Link
- Macy’s opens ‘the Etsy Shop’ in an effort to attract millennial shoppers. Link
- H&M will again open more than one store per day this year. Link
- Coach is slowly restoring its upscale aura. Link
- Amazon Payments’ transaction volume surged in 2015. Link
- Amazon hints at new shipping business. Link
- Under Armour moves to control own future by opening 200 new stores in 2016. Link
- Gap taps Abercrombie and Fitch alum as new CMO. Link
- Amazon’s clothing selection is now bigger than 250 WalMart super centers combined. Link
Social Media / Marketing:
- Spotify ready to introduce video product. Link
- Fashion and beauty brands are investing more than ever in influencer marketing. Link
- Google Glass disappears from social media accounts. Link
- Google’s ad revenue rises in 2015 despite continued decline in prices. Link
- Why cross-device programmatic advertising is ready to take off in 2016. Link
- Facebook launches a sports hub just in time for Super Bowl. Link
- Instagram is showing you a lot more ads than it used to. Link
- Teenagers reveal what they think is cool – and what isn’t – in 2016. Link
- Twitter and GoPro team up for Periscope live-video streaming. Link
- Weibo, beating Twitter to the punch and lengthens its 140 character limit. Link
Start Ups:
- Uber prepares meal-delivery service for 10 U.S. cities. Link
- These 7 startups are poised to join the unicorn club in 2016. Link
- Uber Rush spells the end of retailer las mile delivery innovations. Link
- Sesame launches a venture arm to invest in startups that help kids. Link
International:
- Apple makes a play to open retail stores in India. Link
- Uber expands cooperation with Alibaba’s Alipay. Link
- Alibaba teams with Nvidia in $1B bet on cloud computing. Link
- com tests drones for rural China delivery. Link
- Google brings wifi to Mumbai’s railway station. Link
- Why Italian luxury companies are still betting on China. Link
- Bloomingdale’s continues Middle East expansion with Kuwaiti location. Link
- Amazon to create 2,500 jobs in the UK this year. Link
- Facebook criticized in India over free limited internet. Link
- Alibaba revenue growth seen slowest on record to intensify fight with JD.com. Link
Mobile / Wearable / Emerging Tech: