Hi! Here is a recap of retail industry news over the last week. Sources are in the hyperlinked text after the headline.
Brands and Retailers
- Outdoor Voices to open four stores in 2017. Link
- Patagonia to launch website for Worn Wear recycling program. Link
- C Penney to focus on beauty, appliances amidst store closures. Link
- HHGregg files for bankruptcy. Link
- LVMH to launch multi-brand ecommerce site. Link
- Adidas raises forecasts as new CEO plans fast-fashion focus. Link
- Millennials buy more clothes on Amazon than any other website. Link
- Staples to close 70 stores in North America. Link
- MAC Cosmetics to enter Ulta Beauty in bid for new audience. Link
- Why Dick’s Sporting Goods is ditching 20% of its suppliers. Link
- Anthropologie continues to struggle with fashion misses. Link
- The cool kids behind Opening Ceremony. Link
- Women’s retailer J.Jill gets lukewarm IPO response. Link
- Urban Outfitters CEO says retail bubble has burst. Link
- Amazon will now offer Spanish on the US website. Link
Marketing and Social Media
- Home brands like West Elm turn to hotels to connect with new customers. Link
- LikeToKnowIt now lets you shop from your screenshots. Link
- Spotify and The North Face collaborate to make a song only available in the rain. Link
- Mary Kay goes social to attract millennials. Link
- Casper, the Standard Hotel and Tesla turned this retro motel into a crash pad at SXSW. Link
- Why brick-and-mortar retailers need to go digital with analytics. Link
- Nike reveals the Pro Hijab for Muslin athletes. Link
- Yext files for IPO. Link
- Verizon Ventures and R/GA partner to launch a digital media ‘venture studio,’ Link
Startup and Emerging Tech
- Virginia passes first US law outlining rules for delivery by robot. Link
- Global M&A activity up 30% in 2016. Link
- Levi’s smart jacket about to hit stores. Link
- Hubble raises $16.5M to deliver affordable daily contact lenses. Link
- Under Armour joins the innovation rush. Link
- Bolt Threads debuts its first product, a $314 tie made from spiderwebs. Link
- Brands stand to benefit from the Leandra Medine investment. Link
- Macy’s testing more self-service shoe sections. Link
- Stitch Fix using artificial intelligence and data to design clothes. Link
International
- Yoox Net-a-Porter to launch ecommerce on WhatsApp. Link
- Wal-Mart doubles down on Brazil, despite sluggish sales. Link
- The $7B Japanese retailer that’s targeting the US. Link
- Bloomgindale’s grows Middle East footprint with Kuwait store opening. Link
- Amazon Prime ships off to Mexico. Link
- International Women’s Day is a day in China to reward your inner goddess through online shopping. Link
- Amazon said to resume talks of Souq.com takeover. Link
- Amazon India launches Under Armour. Link