Weekly Industry Brief: 2.27.2017

Here is your industry brief of news I’ve collected from around the web over the last week.  Sources can be found in the hyperlinked text after the headline.

Brand/Retailer

  • Jet’s hipster shoppers get a taste of Wal-Mart in-house brands. Link
  • Sources say Sycamore Partners wins bankruptcy auction for The Limited. Link
  • Macy’s plans to stay afloat by making major changes to stores. Link
  • Wall Street worries over Victoria’s Secret weakness. Link
  • Celine to finally offer ecommerce. Link
  • Amazon nabs the top spot for online cosmetic sales. Link
  • Wal-Mart outperforms Amazon as the competition heats up. Link
  • C. Penney is closing up to 140 stores as turnaround stalls. Link
  • TJX is planning a new chain that could deliver another blow to department stores. Link
  • How operators are giving new life to aging malls. Link
  • The one brand rushing into the mall while others flee. Link
  • Airbnb buys Tilt, signaling its growing interest in group travel. Link
  • Reformation boutique brings ecommerce ease to SF shop. Link
  • Is Airbnb on an acquisition spree? Link
  • How Neiman Marcus is turning technology innovation into a ‘core value.’ Link
  • BCBG prepares for bankruptcy. Link
  • Gap CEO insists the company is neither sick nor dying. Link

Marketing/Social

  • After 51 years, Vans is finally explaining what ‘Off the Wall’ means. Link
  • Glossier uses Oscars as launchpad. Link
  • Facebook’s virtual reality ambitions could be threatened by court order. Link
  • Twitter debuts custom profiles for businesses’ agents, so people don’t think they’re talking to bots. Link
  • How the subscription economy will change the price we pay. Link
  • In four years, YouTube has gone from 100M hours of video viewed a day to 1B. Link

Startup/Emerging Tech

  • UPS tests drone delivery. Link
  • JackThreads lays off employees and puts self for sale. Link
  • Wendy’s to install self-ordering machines in 1,000 stores. Link
  • For IBM’s CTO for Watson, not a lot of value in replicating the human mind in a computer. Link
  • AI can make us all dress better. SO why isn’t the fashion industry using it more? Link
  • How Nordstrom’s new incubator will support young designers. Link
  • Consumers don’t want robots to help them shop. Link
  • How a former Vogue assistant created the first fashion search engine. Link
  • Why payment companies are flocking to messaging apps. Link

International

  • Australia’s General Pants Co. to open second US store. Link
  • Flipkart-owned Myntra wins rights to be sole distributor for Mango in India. Link
  • Xiaomi courts US interest while flirting with expansion. Link
  • Inside India’s booming sportswear market. Link
  • Why online retail growth in the UAE is different than the rest of the world. Link
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s