Weekly Industry Brief: 4.10.2017

Here is a recap of retail and ecommerce industry news from the last week.  Sources can be found in the hyperlinked text after the headline. Cheers!

Brands and Retailers

  • H&M pledges to use 100% sustainable materials by 2030. WWD
  • ‘Same-store sales’ is retail’s increasingly irrelevant metric. Forbes
  • America’s retailers are closing stores faster than ever. Business of Fashion
  • Why Amazon is trying to convince CPG giants to go direct to consumer. Forbes
  • Big returns in hassle-free returns. Forbes
  • LVMH sales rise 15%, beating estimates. Business of Fashion
  • Staples explores sale after failed Office Depot deal. The Wall Street Journal
  • Amid the “retail apocalypse” beauty stores are thriving. Quartz
  • Ralph Lauren to close flagship Fifth Avenue store, cut jobs. Business of Fashion
  • Etsy heralds congressional caucus on micro business. EcommerceBytes
  • A new generation of even faster fashion is leaving H&M and Zara in the dust. Quartz
  • The Jenna Lyons era at J.Crew comes to an end. New York Times
  • H&M tries on multiple personalities to keep growing. Bloomberg
  • SoulCycle sold fans on fitness, now it’s cashing in on clothes. Racked
  • Walmart thinks it has four strategic advantages over Amazon. Business Insider
  • Amazon plans to hire 30,000 part time employees. Fortune
  • Online retailers’ new warehouses heat up local job markets. The Wall Street Journal
  • Stores take flight from Fifth Avenue in Manhattan. New York Times
  • HHGregg to close all stores after failing to find a buyer. IndyStar

Marketing and Social Media

  • Twitter lets brands use location data in direct messages. Venture Beat
  • Amazon will stream Thursday night NFL games this year. Recode
  • Which luxury brands are reaching millennial shoppers? Huffington Post
  • Brands are capitalizing on Coachella before the festival even begins. Fashionista
  • Google brings fake news fact-checking to search results. Bloomberg
  • YouTube will no longer allow creators to make money until they reach 10,000 views. The Verge
  • Here is how much top influencers can make on Instagram and YouTube. Forbes
  • Zappos rolls out traveling experiential marketing event. MediaPost
  • YouTube TV launches live service in major markets. Seeking Alpha
  • Prepare to be inspired by SoulCylce’s first major marketing campaign. AdWeek

Startup and Emerging Tech

  • Adidas to mass produce 3D-printed shoe with Silicon Valley start-up. Reuters
  • Canada tries to turn its A.I ideas into dollars. New York Times
  • Apple Pay promised to make plastic obsolete; then came way shoppers and confused clerks. The Wall Street Journal
  • Interactive magic mirrors are changing how we see ourselves – and shop. Fast Company
  • Why regional fashion incubators outside of New York and LA matter. Fashionista

International

  • Tory Burch opens flagship store on Regent Street in London. Retail Gazette
  • India’s Flipkart raises $1.4B in biggest ever funding round. Business of Fashion
  • Why China is leading us to the future of commerce. Forbes
  • What Flipkart stands to gain against Amazon if it merges with Snapdeal. Quartz
  • Can Li & Fung recast itself to catch up with the internet age? South China Morning Post
  • Walmart grocery pickup coming to Canada. Canadian Grocer
  • Amazon takes voice battle with Apple TV outside the US. Bloomberg
  • Zara’s new Madrid store challenges Corte Ingles in retail tussle. Bloomberg
  • India’s malls make changes to stay competitive. Economic Times
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