Weekly Industry Brief: 7.18.2016

Here’s the industry news I’ve collected over the last week.  Sources can be found in the hyperlinked text after the headline.

Brand/Retailer:

  • Burberry’s Christopher Baily replaced as CEO by Marco Gobbetti. Link
  • Musicians explore new markets with fashion. Link
  • Amazon’s Prime Day orders up 60% over the previous year. Link
  • Is Birchbox on the rocks because the boxes just sucked? Link
  • Millennials only want to spend money on one thing and it’s killing Macy’s. Link
  • Alexa Chung to launch her own fashion brand. Link
  • How Gentle Monster road the KPop wave to $160M. Link
  • Swatch first half profit slumps as much as 60%. Link
  • Free People expands into beauty and wellness. Link
  • Inside BraHaus, Nike and Bandier’s customized pop-up shop. Link
  • Hermes takes minority stake in Pierre Hardy. Link
  • Mall owners push out department stores in favor of specialty shops and restaurants. Link
  • These were the top-selling non-Amazon items on Prime Day from around the world. Link
  • The one retail sector that need not fear Amazon. Link
  • Urban Outfitters profits from Trump backlash with tshirts. Link
  • Aeropostale seeks to auction assets in bankruptcy wind-down. Link
  • Former Toys ‘R’ Us site in Times Square Is being re-imagined. Link

Marketing/Social:

  • Google launches smarter, more visual ads timed for holiday shopping. Link
  • Instagram’s Eva Chen: It’s not a numbers game. Link
  • Twitter has inked another live-streaming deal, this time with Bloomberg. Link
  • Ralph Lauren scaling back on advertising spend. Link
  • Buzzfeed releases a chatbot for the RNC. Link
  • Facebook adds refined targeting for app download ads. Link
  • With back-to-school approaching, Gap seeks new grip on shoppers. Link

Start Up:

  • Sizing technology company True Fit raises $25M. Link
  • This startup lets you buy Snapchat geo-filters from a collection of artists. Link
  • PointerPointer points to your pointer. Link
  • That one was a test to see if you read this? (But it also made me chuckle)

International:

  • Nike uses high-energy video to sell sport in India. Link
  • China’s ecommerce addiction has real market potential. Link
  • British department store John Lewis to tie up with Myer in Australia. Link
  • Burberry puts new UK facility on hold amid Brexit fallout. Link

Mobile/Emerging Tech:

  • Ikea Canada uses RFID to engage customers. Link
  • Amazon is developing a 3D modeling system to solve online clothes shopping’s biggest problem. Link
  • Chatbots edge out apps as teens prefer messaging. Link
  • Alibaba will let consumers shop the world’s stores via virtual reality. Link
  • Virtual reality is coming for weddings. Link
  • Five ways shoppers are using mobile to influence purchase decisions, according to Google. Link
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