Weekly Industry Brief: 2.22.2016

Here is your weekly recap of news I found around the web about fashion, retail and ecommerce. Sources can be found in the hyperlinked text after the headline.

Brand/Retailer

  • Amazon raises its free shipping minimum for non-Prime members to $49. Link
  • BirchBox co-founder joins First Round Capital as first female partner. Link
  • VF Corp falls after fourth quarter results trail estimates. Link
  • Neiman Marcus opens new store on Long Island as luxury sales slow. Link
  • Coach is now a full-fledged American fashion house. Link
  • Wal-Mart, reporting slower ecommerce growth makes plans to expand number of products available online. Link
  • Nordstrom tumbles after holiday sales miss analyst estimates. Link
  • Wal-Mart still outshined by Amazon despite spending billions. Link
  • Google is expanding its same-day delivery on groceries. Link
  • Proenza Schouler skillfully mixed commerce on the runway for Fall 2016. Link
  • Prada dealt new blow as finance chief quits luxury maker. Link
  • Kit and Ace lays off 10% of staff. Link
  • Ex-Lululemon CEO advising Adidas on how to target women. Link
  • Ralph Lauren to bring management of distribution site in house. Link
  • Amazon’s private label push: a new fast-fashion giant? Link

Marketing/Social Media

  • Shopping is coming to Snapchat. Link
  • Time Inc. buys two car-focused YouTube channels. Link
  • Gatorade’s Super Bowl Snapchat filter got 160 million impressions. Link
  • Alexa Chung debuts collection for Marks & Spencer. Link
  • Why Starbucks is overhauling its loyalty program. Link
  • Facebook plans to put ads in Messenger. Link
  • Snapchat now lets everyone pay to design geofilters. Link
  • Facebook’s huge plan to shake up dull world of telecoms. Link
  • How Kanye and Adidas ‘Yeezy-hacked’ the business model of celebrity endorsements. Link
  • Google doing away with ads along the right rail. Link

Start Ups

  • VCs invested more in space startups last year than in the previous 15 years combined. Link
  • New online fashion retailers are capitalizing on consumers’ desires to purchase clothing that lasts. Link

International

  • Amazon to open parcel locker network in Europe. Link
  • Apple Pay to be launched in China. Link
  • Amazon top open new fulfillment center in UK. Link
  • Twitter has more users than Facebook in Japan. Link
  • eCommerce stakes are high in the Mideast after the largest ever A round for Wadi.com. Link
  • Luxury retailer Saks entering Canada amid cooling economy. Link

Emerging Tech/Mobile

  • PayPal matches Stripe with its own native toolkit for apps. Link
  • This luxury watch is getting MasterCard payment functionality. Link
  • Why retailres are missing mobile with millennials. Link
  • Here’s where Google Fiber is headed next. Link

 

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