Weekly Industry Brief: 3.13.2017

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

 

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