FYI, there are actually some other things going on besides Pokemon GO…
Here is a recap of industry news over the last week. Sources can be found in the hyperlinked text after the headline.
Brand/Retailer:
- How software is reshaping fashion’s back end. Link
- Target’s future will be decided by kids. Link
- Urban Outfitters debuts minimalist line that’s extremely un-fast fashion. Link
- Wal-Mart expands mobile payment app to all US stores. Link
- The Limited looks to technology to drive retail sales. Link
- Reed Krakoff to design accessories for Tiffany’s. Link
- How Yoox and Net-a-porter group plans to outpace the online luxury market through 2020. Link
- Why Barnes & Noble is getting into beauty. Link
- Amazon reportedly picks NYC for first East Coast store. Link
- Ralph Lauren’s turnaround plan has parallels of Ford Motor’s road map. Link
- Adidas expands its copyright infringement suit against Skechers. Link
- How China and Amazon are changing the future of retail. Link
- Levi’s supported by direct-to-consumer and international in second quarter. Link
- Walmart takes on Amazon Prime with week-long free shipping deal. Link
- Gap’s June sales top estimates, boosted by Old Navy. Link
Marketing/Social:
- When did shipping boxes get pretty? In the age of unboxing, the box matters. Link
- Line raises $1.1B in IPO. Link
- Snapchat’s new ‘Memories’ feature lets you save snaps indefinitely. Link
- Nike just does it – keeping an eye on the customer. Link
- Pinterest takes a shot at camera search technology. Link
- Why advertisers are forking over big bucks for custom Snapchat lenses. Link
- In less than a week, Pokemon Go has over 6 million mentions on Twitter. Link
- Baidu, Alibaba face profit hit from new rules on search ads. Link
Start Up:
- Meet MikMak, the mobile shopping network that sells via video. Link
- Nordstrom buys stake in software firm. Link
- Musicians are now curating care packages for fans with help from this startup. Link
- eBay acquires SalesPredict in attempt to be more like Amazon. Link
International:
- H&M to launch first two stores in Mumbai in August. Link
- BoConcept enters India. Link
- Pantaloons parent acquires Forever 21 in India, shifts to fast fashion. Link
- Ireland’s thriving retail landlords face threat from Brexit. Link
- Apple in no rush to open retail stores in India despite government relaxing sourcing norms. Link
- China targets online advertising practices with new regulations. Link
Mobile/Emerging Tech: