Weekly Industry Brief: 10.3.2016

Happy October! Sources in the hyperlinked text after the headline.

Brand/Retailer

  • West Elm plans to launch its own boutique hotels. Link
  • WalMart in talks to invest up to $1B in India’s Flipkart. Link
  • Old Navy names Chief Marketing Officer. Link
  • American Eagle names Bob Madore Chief Financial Officer. Link
  • Starbucks to continue profitable expansion in low-income neighborhoods. Link
  • The rise and fall of Aeropostale. Link
  • Amazon finds grocers are hard to kill. Link
  • Uber is rocking the suburbs. Link
  • What to millennials actually use Venmo for? Link
  • Everlane responds to lower global cashmere costs by charging less for sweaters. Link
  • Facebook launches a Craigslist competitor for buying and selling used items. Link
  • Aritzia rises 16% in Toronto stock exchange after IPO. Link
  • H&M third quarter earnings miss estimates on discounts. Link
  • Rebel teens are killing America’s clothing giants. Link
  • New Adidas CEO sets off in pursuit of Nike. Link
  • Sears, Claire’s at high risk in study of retail failures. Link
  • Luxury stores add more amenities in tougher market. Link
  • Madewell teaming up with Sezane again in latest French girl collection. Link
  • Sarah Jessica Parker launches line of dresses. Link
  • Bass Pro Shop buys Cabela’s for $4.5B. Link

Marketing/Social

  • Snapchat users spending average of 78 seconds playing Under Armour’s Cam Newton game. Link
  • Location tracking and the trouble with opting in. Link
  • Patagonia launches a beer that’s good for the planet. Link
  • eBay dips its toes in fashion with Project Runway partnership. Link
  • WhatsApp races to internationalize Snapchat’s overlaid creative tools. Link

Startup/Emerging Tech

  • Best Buy to open at midnight to launch PlayStation’s new VR headset. Link
  • WalmartLabs open sources the application platform that powers Walmart.com. Link
  • H&M and Sephora nab early entry into Kik’s fashion bot shop. Link
  • Google quietly expands ride sharing service. Link
  • IBM Watson will power inspection drones that can spot damage on cell towers. Link

International

  • Office Depot agrees to sell European business to Aurelius Group. Link
  • Amazon raises stake as retailers battle for customers online in Canada. Link
  • Uniqlo dips its toes in Canada’s cutthroat retail sector. Link
  • Amazon bets on Diwali to take title as India’s top web retailer. Link
  • Singapore’s Golden Week courts China’s tourists as retail falls. Link
  • Even Chanel and Hermes are susceptible to current global climate. Link

 

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