Weekly Industry Brief: 1.23.2017

Hi! Happy Monday. Here is your recap of news I’ve collected over the last week.  Sources are in the hyperlinked text after the headline.

Brand/Retailer

  • To win back customers, Fendi thinks small. Link
  • Mall owners are finding relief from an unlikely source: online retailers. Link
  • Microsoft making late entry in ebooks to take on Amazon. Link
  • BCBG to close stores, restructure as online shift takes toll. Link
  • Five trends that will change the way your customers will shop in 2017. Link
  • Why Amazon has launched a new credit card for Prime users. Link
  • Kate Spade attracts interest from Coach, Michael Kors. Link
  • Victoria’s Secret looks to uncover supply chain issues. Link
  • Amazon to add three more fulfillment centers. Link
  • Sprint buys 33% of Jay Z’s music streaming service Tidal. Link
  • Cassette tape sales rise 74% in 2016. Link
  • Yahoo sale to Verizon pushed back. Link
  • Louis Vuitton unveiled collaboration with Supreme at Men’s Fall Show. Link
  • Apple sues Qualcomm. Link
  • Retail malaise puts pressure on chains to shut more stores. Link
  • Nike and Ford caught in crossfire of Trump’s free trade overhaul. Link

Marketing/Social

  • How fashion brands are using Whatsapp. Link
  • The rise of chatbots and their implication on social media. Link
  • Alibaba to sponsor Olympics and provide official ecommerce platform. Link
  • WeChat’s hot new feature will take time for marketers to figure out. Link
  • Snapchat advertisers can now target users based on offline sales data. Link
  • A+E to build Lifetime as digital women’s brand under ex-Refinery29 editor. Link

Startup/Emerging Tech

  • L’oreal to invest in these five beauty tech startups. Link
  • More photos emerge of Under Armor’s smartwatch with HTC. Link
  • Rocket Internet closes $1B fund, the largest out of Europe to date. Link
  • Rebecca Minkoff announces fashion tech venture capital fund. Link
  • Packaging deals bring Internet of Things to crackers, hairspray and tomato paste. Link
  • Sears turns to AI to help sell tires. Link
  • Robot cards to descend on 10 sites U.S. names as proving grounds. Link

International

  • Amazon reportedly ends talks to acquire stake in Middle East ecommerce marketplace Souq.com. Link
  • Newegg plans to launch online marketplace in China. Link
  • Chinese are celebrating Lunar New Year by escaping China. Link
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