Weekly Industry Brief: 2.8.2016

Happy Monday! Check out a recap of news from around the web about retail, ecommerce, and technology. All sources can be found in the hyperlinked text after the headline.

Brand/Retailer

  • Reports rise that Amazon planning massive brick-and-mortar presence but it may not be true. Link and Link
  • Yahoo plans to cut 15% of workforce, reports $4.5B writedown on Tumblr, Americas. Link
  • What any business can learn from Nordstrom customer service. Link
  • The woman who created Netflix’s enviable company culture and how she did it. Link
  • Nastygal to lay off 10% of staff. Link
  • How Shinola boosted online sales with a new take on customer service. Link
  • Burberry to slash number of catwalk shows, speed up sales. Link
  • Are teen retailers finally turning a corner? Link
  • Ralph Lauren had a bummer quarter in America. Link
  • Weak sales at Kohl’s, Ralph Lauren spark selloff in retailers. Link
  • Kate Spade founders talk new accessories brand, Frances Valentine. Link
  • Retailers need to shift focus as consumers crave less stuff. Link
  • Amazon added 17M square feet of distribution center space in 2015. Link
  • Target launches gender-neutral kids home line. Link
  • Ikea revamps restaurants as food business grows. Link
  • Yoox Net-a-Porter beat forecast with larger-than-expected 31% year over year growth. Link
  • Luxury brands can no longer ignore sustainability. Link
  • Michael Kors finds a lifeline online. Link

Marketing/Social Media

  • Get ready to be blitzed by Chiptole ads. Link
  • See all the ads from the Super Bowl. Link
  • Instagram launches account switching on iOS and Android. Link
  • Fashion industry scrambles to find the right use of Snapchat. Link
  • Instagram extends video ads to 60 seconds. Link
  • Affiliate marketing offers alternative to crowded content marketplace. Link
  • Refinery 29 debuts its first app. Link

Start Ups

  • Jessica Alba’s Honest Co. reportedly seeking IPO. Link
  • A bra company that uses an app to find the right fit raised $8M. Link
  • Fab co-founder sells second startup. Link
  • AirBnB handed over $1.3M in tourist taxes to Paris in Q4. Link
  • Upgrade your jewelry box with the female millennial entrepreneurs behind Gleem & Co. Link
  • Stubhub takes on Ticketmaster with new platform for both primary and secondary tickets. Link

International

  • Walmart brings click-and-collect to Toronto. Link
  • Chinese shoppers in South Korea shun luxury for local brands. Link
  • PayPal data shows 35% of Chinese ecommerce took place on overseas sites in 2015. Link
  • As its market grows, Nigerian ecommerce startup Africa Internet Group raises $83M. Link
  • Aeropostale to open shops in Thai department stores. Link
  • UK online retailer Finery to open in-store shops at six John Lewis stores. Link
  • American Apparel testing UPS service for international delivery. Link
  • How fashion is cashing in on Chinese New Year. Link
  • Australia’s Cotton On plans international expansion. Link

Emerging Tech/Mobile

  • Virtual reality: coming soon to a clothing retailer near you. Link
  • Under Armour CEO sees technology as company’s undeniable future. Link
  • Amazon’s artificial intelligence agent, Echo, can order you pizza an turn on Spotify. Link
  • Loreal’s latest beauty secret – it’s acting like a tech company. Link
  • Leading virtual reality company is building a cross-platform VR content network. Link
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