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
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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