*Out of office!*

Hi everyone! I’m enjoying the holidays (and going on my honeymoon!) and will resume posting my weekly updates in January.

In the meantime, keep up with the articles I’m reading by following me on Twitter: @carolann_larkin.

Cheers and Happy New Year!

Advertisements

Weekly Industry Brief: 12.13.2016

Here is your weekly industry brief over the last week.  Sources are in the hyperlinked text after the headline. Cheers!

Brand/Retailer

  • Cyber Monday drives $52B in online sales. Link
  • Aerie opens concept store in New York. Link
  • LA City Attorney suing Sears, Kohl’s, Macy’s, JC Penney for alleged pricing scheme. Link
  • Starbucks’ Schultz sees sweeping retail consolidation. Link
  • Millennials making bigger investments in makeup. Link
  • Revolve launches beauty. Link
  • Ikea adapts to growing urban populations. Link
  • American Apparel to close nine stores by end of December. Link
  • Museums rethink retail. Link
  • Sports bras are making Lululemon a lot of money. Link
  • Kylie Jenner and Shopify prepare for what may be the most hyped pop-up ever. Link
  • Starbucks 5-year plan: lots of stores, food and cold drinks. Link
  • Google signs deal with Cuba’s state-run telecommunications company. Link
  • Nordstrom turns to electronic gifting service amid shift online. Link
  • There’s a Crossfit war being fought over your feet. Link
  • Net loss grows at Neiman Marcus. Link

Marketing/Social

  • Ikea renamed products after frequently Googled problems that those products solve. Link
  • How Costco appeals to millennials and Gen Z without specifically targeting them. Link
  • Snapchat adds four new features including much-requested group chat. Link
  • Weibo’s comeback lures luxury brands. Link
  • Selena Gomez inks $10M deal with Coach. Link
  • How Revolve is leveraging user-generated content for its beauty business. Link
  • Kylie Cosmetics sidelines journalists at store opening. Link
  • Instagram brings live video broadcasts to all U.S. users. Link
  • Facebook Live will spin up 360-degree streaming to match YouTube. Link

Startup/Emerging Tech

  • Job cuts at Honest Co. could mean deal, IPO are tabled. Link
  • Prada uses video, virtual reality to market fragrance. Link
  • Why AR will be bigger than VR. Link
  • L’Occitane ups technology with smart beauty fitting room. Link
  • Retail chatbots show the power of artificial intelligence, just in time for the holidays. Link
  • Adidas to sell 3-D shoes to public. Link

International

  • Starbucks becomes first retail brand to use WeChat’s gift card product. Link
  • Mexico overtakes Canada as No. 2 U.S. exporter ahead of Trump. Link
  • China Consumers Association cites ‘Misleading’ Singles’ Day promotions. Link
  • China’s retail sales climb 10.8% in November. Link
  • ASOS boosts U.K. sourcing after pound’s Brexit fall. Link
  • Wal-Mart to invest $1.3B in Mexico. Link
  • Hong Kong loses Ralph Lauren flagship, braces for more closures. Link
  • Staples agrees to sell European operations to Cerberus Capital. Link
  • Marks & Spencer to shutter its 10 stores in China. Link
  • Uniqlo targets 100 more stores in China expansion. Link

Weekly Industry Brief: 12.6.2016

Here is your industry news over the last week.  Sources are in the hyperlinked text after the headline.

Brand/Retailer

  • Amazon captured 31% of online spending over Cyber Weekend. Link
  • Google says it will run entirely on renewable energy in 2017. Link
  • Global online sales of apparel, footwear rise 13% on Cyber Weekend. Link
  • Minkoff to offer self-checkout option at Soho store. Link
  • Burberry, Coach shares up on rumored takeover talks. Link
  • Amazon opening a store that will eliminate checkout – and lines. Link
  • Johanna Ortiz to launch capsule for Moda Operandi. Link
  • Patagonia donating its $10M in Black Friday sales to charity. Link
  • Bralettes lifting sales at American Eagle. Link
  • Birthday at Burberry? Luxury brands add personal services. Link
  • Can fast-fashion brands like Zara go sustainable? Link
  • Starbucks CEO steps down again. Link
  • Adidas just opened its largest store in the world. Link
  • British Fashion Council teams with Google on digital fashion education program. Link
  • Bohoo enters bid for NastyGal. Link
  • You can now order Oreos online. Link
  • Under Armour to become official uniform supplier to MLB. Link
  • Reformation teamed up with Haim for a very on brand New Year’s Eve collection. Link
  • Fast fashion: How a Zara coat went from design to Fifth Avenue in 25 days. Link
  • With $720 self-tying sneaker, Nike loosens ties to retailers, encourages customers to buy direct through Nike+ app. Link
  • Rent-the-runway mines user data to design sleek new flagship. Link
  • Todd Snyder opens NYC flagship. Link
  • US retailers value enthusiasm over experience for holiday hires. Link

Marketing/Social

  • While we weren’t looking, Snapchat revolutionized social networks. Link
  • Twitter buys little-known startup to gain a new head of product. Link
  • Tyson Foods launches new venture fund to back food and agriculture startups. Link
  • Microsoft’s new chatbot won’t talk politics or racism. Link
  • Domino’s rewards loyal patrons with shares, profits. Link
  • Twitter struggles to turn prominence into profit. Link

Startup/Emerging Tech

  • Cult beauty brand Glossier raises $24M to expand into retail, international. Link
  • Bringing virtual reality to a population that needs it for something more than gaming. Link
  • With arrival of touch controllers, Oculus Rift finally reaches its potential. Link
  • Rag & Bone takes on virtual reality with Google. Link
  • Alexander McQueen designs a 3D-printed umbrella. Link
  • Six mobile apps to make holiday shopping easier. Link
  • Marriott launches its own tech startup accelerator. Link
  • Hearst is launching a 10-person team tasked with building voice-activated experiences. Link

International

  • EU proposes simplifying VAT rules to boost online trade. Link
  • Amazon opens showroom in Beijing to showcase US and UK imports. Link
  • com targets Asian brands, new languages. Link
  • No price like home: Big spenders reappear in China. Link
  • McDonald’s may sell China assets. Link
  • The way Indian’s buy fashion is changing. Here’s how. Link
  • Myntra bets on artificial intelligence to drive growth. Link