Weekly Industry Brief: 7.11.2016

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:

  • Amazon turns its Alexa virtual assistant into a Prime Day personal shopper. Link
  • JCPenny redesigns app for ease-of-use, adds same-day pickup. Link
  • Pokemon Go may prove that AR is more mainstream than VR. Link
  • 5 emerging apps making travel easier and cheaper. Link
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