I’m back! Took off last week while in San Fran for work. Enjoy your weekly briefing of industry news. Sources can be found in the hyperlinked text after the headline.
Brand/Retailer:
- Macy’s to close 100 stores. Link
- Check out Apple’s new store a One World Trade Center. Link
- How Walmart is surviving the war against Amazon and beating Target. Link
- Coach’s transformation has taken hold with customers. Link
- How Estee Lauder is getting millennials to buy its skincare. Link
- Gap plans to focus on faster fashion and activewear as sales keep sliding. Link
- Apple’s retail boss wants Apple stores to resemble ‘town squares.’ Link
- Where we spend is upending traditional retail. Link
- Westfield’s new World Trade Center mall puts in-store tech center stage. Link
- How Nike is changing the world. Link
- Gap shoppers don’t want to ‘dress normal.’ Link
- Victoria’s Secret is getting cheaper. Link
- Walmart announces focus on millennials in the apparel category. Link
- Nordstrom expands Space concept to four new locations. Link
- Nieman Marcus cuts 80 home office jobs. Link
- US ecommerce posts its largest gain in nearly two years. Link
Marketing/Social:
- Vfiles launches crowd-sourced youth magazine. Link
- Rent the Runway using Snapchat for customer service. Link
- Instagram launches business tools to help users buy and sell. Link
- Alibaba’s ecommerce app has a social network Facebook would love. Link
- There’s real money in messaging, Snapchat and WeChat show. Link
- Facebook is building its own Steam-style desktop gaming platform with Unity. Link
- Pinterest jumps into video ads fray. Link
- Turner and Scripps investing $45M in Refinery29. Link
- Amazon reportedly planning a $5 per month music service for Echo owners. Link
- For its first global campaign, Uniqlo ponders why we get dressed every day. Link
- Jack Wills’ strategy to pay you for the catalog-perfect summer. Link
Start Up and Emerging Tech:
- This sneakerhead made a stock exchange for shoes. Link
- Hamlet is a new, free text messaging service allowing users to shop for home décor from the comfort of their phone. Link
- Topshop will soon integrate electronic circuits into garments. Link
- How a Wall Street background can help you create fashion. Link
- The MIT lab that’s quietly pioneering fashion for everyone. Link
- Kate Spade jumps into the connected wearables category. Link
- This 16-year-old is making million selling rare sneakers. Link
International:
- Amazon’s new UK distribution center to create 500 jobs in 2017. Link
- China’s luxury lifestyles fall prey to the far east slowdown. Link
- Alibaba’s getting more revenue outside of ecommerce. Link
- Walmart’s Mexico unit is selling its apparel chain for $853M. Link
- Ikea to launch ecommerce in Shanghai. Link
- Growth in online purchases by rural Chinese outpaces that of urbanites. Link
- China is flooding Silicon Valley with cash. Link
- Alibaba reports growth, even as China’s economy stumbles. Link
- Myntra buys majority stake in fashion brand. Link
- Xiaomi’s once admired strategy for winning China’s smartphone market has backfired. Link
- For Indian ecommerce, the choice is between discount and bleed or profit and die. Link
- Zalando plans foreign hubs to get frocks out faster. Link