Hi! Here is a recap of the news I’ve been reading in the industry this week. Sources can be found in the hyperlinked text after the headline. Have a great week and Happy Spring!
Brands and Retailers
- What’s next for malls – a look at two successful companies in America? Fashionista
- Nike, H&M named world’s most valuable apparel brands. Fashionista
- Gymboree chief tapped to lead Banana Republic. Reuters
- Victoria Beckham to launch Spring collection at Target. Refinery29
- Macy’s CEO wants to make these five big changes at the store. CNBC
- Zara’s new focus: bigger bricks, more clicks. Wall Street Journal
- Honest Co taps Clorox veteran as new CEO. Fortune
- Acne reboots denim strategy. Business of Fashion
- L’oreal Beauty’s secret weapon is buying other companies. Fortune
- C. Penney closing 138 stores, liquidations begin next month. Retail Dive
- Canada Goose raises $256M in IPO. Bloomberg
- Walmar to acquire Modcloth. Recode
- Neiman Marcus mulls sale, with Hudson’s Bay seen as suitor. Bloomberg
Marketing and Social Media
- Adidas hires social-media stars to double women’s market share. Bloomberg
- Adidas steps away from TV advertising as it targets $4B growth. CNBC
- Inside Hearst’s turbulent quest to build a Snapchat brand. Glossy
- Hollister targets teens with mobile video game. AdAge
- Coachella sues Urban Outfitters for Free People capitalizing on festival brand. WWD
- Who is the millennial femal e micro influencer? Adweek
- Google removes audio ads from Google Home hours after introducing them. BGR
Startup and Emerging Tech
- Swatch takes on Google, Apple with watch operating system. Bloomberg
- Alibaba bets on big on augmented reality. Jing Daily
- Foursquare is launching an analytics platform to help retailers understand foot traffic. TechCrunch
- Why former Wall Streeters find new careers as fashion founders. Glossy
- Chic, direct-to-consumer vitamin companies are the latest wellness trend. Fashionista
- Shopify’s ecommerce revolution. Fortune
- Intel wants to be a tech ‘enabler’ for the fashion industry. Engadget
- DeepMind finds way to overcome AI’s forgetfulness problem. Bloomberg
- Drones may one day buzz inside a Walmart near you. Fortune
International
- Zara will enter India’s online shopping scene this year. Quartz
- Ikea plans to open five stores in Serbia. Economic Times
- Paris Gallery Group aims to open 30 new stores in Middle East. The National
- Amazon plans air cargo service for Chinese customers. Wall Street Journal
- Apple plans two more Chinese research hubs as iPhone sales slow. Bloomberg
- Amazon aims to breathe new life into Tokyo Fashion Week. WWD