Weekly Industry Brief: 9.25.2017

Happy Fall!  Getting oh-so-close to the holidays… Here is your recap of industry news from the last week.  Sources can be found in the hyperlinked texted after the headline.

Brands and Retailers

Marketing and Social Media

  • Facebook will target ads to people based on store visits, offline purchase, calls to businesses. Marketing Land
  • Halloween spending to reach record $9.1B. National Retail Federation
  • Rihanna’s Fenty line is a wake-up call for the retail industry. AdAge
  • Amazon now lets Hilton Honors members shop with points. TechCrunch
  • The Luxe Lab at Neiman Marcus signals a shift in focus for department stores. Glossy
  • Millennials are finally forming households: what it means for retailers. Forbes
  • Target is adding Pinterest’s visual search tool to its app and website. Techcrunch
  • H&M, Topshop and Forever 21 dominate fast-fashion social engagement. Retail Dive
  • Kate Spade, Man Repeller team up for leopard pop-up. WWD

Startup and Emerging Tech

  • Ikea’s new app shows the practical promise of augmented reality. Wired
  • The amazing ways Burberry is using artificial intelligence and big data to drive success. Forbes
  • Google and Levi’s ‘connected’ jacket that lets you answer calls, use maps and more is going on sale. Techcrunch
  • An online sale site caters to independent watchmakers. New York Times
  • How data is changing the very model of the modern merchandiser. Glossy
  • Walmart partners with smart lock maker to test in-home delivery of packages and groceries. TechCrunch

International

  • American Eagle Outfitters expands to India. Seeking Alpha
  • China to extend transition phase for cross-border retail. Reuters
  • Amazon investment to help India retailer add 25% more stores. Bloomberg
  • Microsoft confirms plans for a new flagship store in Regent Street opposite Apple. TechCrunch
  • Why India and China may be the solution to the world’s fast fashion crisis. Forbes
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Weekly Industry Brief: 9.18.2017

Here is your recap of industry news from the last week.  Sources can be found in the hyperlinked text after the headline. Happy Monday.

Brands and Retailers

  • Wal-Mart is simplifying its sprawling US store operations. Bloomberg
  • Spring and eBay join forces to gain edge over Amazon. Glossy
  • How Kirkland Signature became one of Costco’s biggest success stores. The Wall Street Journal
  • There will be more retail stores opening than closing in 2017. Forbes
  • Neiman Marcus is shrinking the store its building in Manhattan. New York Post
  • How Nike is fighting off bots and counterfeiters. Recode
  • Toys R Us is preparing for possible bankruptcy filing. Fortune
  • Neiman Marcus is closing more than 25% of its outlet stores. Fortune
  • Topshop drops its high-priced line. Fashionista
  • Footwear retailer Aerosoles files for bankruptcy. Reuters
  • Hermes first half profit hits record levels. Business of Fashion
  • Nike introduces Flyleather, its latest ‘super material,’ Business of Fashion

Marketing and Social Media

  • Samsung is working with banks to roll out retail pop-ups. Digiday
  • Pinterest crosses 200 million monthly active users. Techcrunch
  • Lululemon woos men with first campaign. AdAge
  • Facebook moves to block ads on fake news, offensive videos. Bloomberg
  • Canada Goose rolls out direct-to-consumer strategy. AdAge
  • Marie Claire, Mastercard open pop-up store. AdAge

Startup and Emerging Tech

  • Xiaomi’s Mi Mix 2 was built with the US audience in mind. Forbes
  • Visual search products like Google Lens could revolutionize online shopping. Venture Beat
  • Samsung promises foldable phones by 2018. Mashable
  • IBM Watson-powered augmented intelligence seeks an edge in travel marketing. Skift
  • Softbank to invest in Slack. Recode
  • Two ex-Googlers want to kill your bodega. Fortune
  • Nike and the NBA unveil connected jerseys. Techcrunch
  • Nestle acquires a majority stake in Blue Bottle Coffee at a valuation north of $700M. TechCrunch

International

  • Amazon is testing one-hour delivery at London Fashion Week. Fortune
  • com and Thai retailer Central Group form $500M ecommerce joint venture. Reuters
  • Alibaba partners with New York Fashion Week to introduce designers to China. Quartz
  • Google is launching a payment service in India. Seeking Alpha
  • By going online in India, Zara can reach fashion-forward shoppers outside metros. Quartz
  • Inside Yoho! China’s streetwear empire. Business of Fashion
  • Ikea to invest 90M Euros to open first store in Slovenia. Reuters
  • New EU plan to tax digital giants. Seeking Alpha
  • Amazon plans mega-warehouse for Mexico growth spurt. Reuters

Weekly Industry Brief: 9.11.2017

Here is your recap of industry headlines from the past week.  As always, sources can be found in the hyperlinked text after the headline.

Brands and Retailers

  • Starbucks to shut down online store this Fall. Pymnts
  • Gap closing hundreds of stores in shift toward Old Navy, Athleta. Bloomberg
  • Why Amazon is targeting Europe first for its first trend-driven label. Glossy
  • Nike’s iron grip on the sneaker market is slipping. Quartz
  • WalMart and Target: Which strategy will win? Retail Dive
  • Amazon opens shop inside some Khol’s stores. Retail Dive
  • Amazon’s apparel ambitions create tough choices for brands. Retail Dive
  • Nordstrom tries on a new look: stores without merchandise. The Wall Street Journal
  • Gilt finally pivots away from flash sales. Racked
  • Amazon’s new challenge: Making two headquarters seem like one. The Wall Street Journal
  • Target slashes prices on thousands of items. Reuters
  • Equifax stock tumbles 14% after credit score hack. TechCrunch
  • Another top designer leaves J.Crew. Fortune
  • Rihanna’s new Fenty beauty line at Sephora expands her business empire. Fortune
  • Amazon’s Whole Foods price cut brings 25% jump in shoppers. AdAge
  • ASOS launches own-brand beauty line. The Independent
  • With a $1,000 price tag, Apple’s iPhone crosses a threshold. The New York Times

Marketing and Social Media

  • Coty tries Story’s boutique for hire to showcase ideas. AdAge
  • Target kicks off aggressive marketing of new brands. AdAge
  • Ad firms enlist OpenSlate to make sure ads run with ‘safe’ YouTube videos. The Wall Street Journal
  • Reebok asserts itself as a fashion force at New York Fashion Week. Fast Company
  • Facebook under scrutiny for inflated ad reach in US. CNN
  • The influence of ‘corpsumers’ who care as much about a brand’s values as its products.  AdWeek
  • Retailers add artificial intelligence to their marketing mix.  AdWeek

Startup and Emerging Tech

  • Home Depot taps up Google Home for voice ordering. Fortune
  • How Rebecca Minkoff uses technology to drive triple-digit sales growth. CNBC
  • Venmo is offering users a physical debit card. TechCrunch
  • Get ready for a new, much more powerful Apple TV. TechCrunch
  • Inside Google’s quest to reinvent chat with machine learning. Fast Company
  • How automation is creating a new breed of retail jobs. The Wall Street Journal
  • Apple aims to make augmented reality mainstream. The Wall Street Journal

International

  • Rebecca Minkoff invests in mobile payment tools like Alipay to attract global customers online. Glossy
  • New Zealand unit of TopShop placed in receivership. Business of Fashion
  • H&M to open 4 stores in India in September. Live Mint
  • Alibaba to open its first brick-and-mortar mall in China. MarketWatch
  • Blocked in China, Facebook is said to seek a Shanghai office. New York Times

 

Weekly Industry Brief: 9.5.2017

Hi! Hope those of you in the US had a great long weekend.  As we unofficially close out summer and gear up for holiday, here is a quick recap of industry headlines from the past week.  As always, sources can be found in the hyperlinked text after the headline.

P.S. I’ll be on a couple panels at this week’s Global eCommerce Leadership Forum in New York City.  Let me know if you’ll be there!

Brands and Retailers

  • Best Buy and Amazon bring back the traveling salesman. The Wall Street Journal
  • Anthropologie is substantially upping the home furnishings offering. The Robin Report
  • Airport to experiment with passes for dining, shopping. Bloomberg
  • Macy’s and Best Buy will offer same-day delivery in more markets. TechCrunch
  • Marchesa is using Rent the Runway to test new collections of blouses. Glossy
  • Lego will cut 1400 jobs by the end of 2017. Fortune
  • Lululemon’s strong online and in-stores sales push its revenue and profits up. Fortune
  • Prices of some Whole Foods items drop by up to 43% following Amazon purchase. Bloomberg
  • Amazon and Microsoft to merge digital assistants. The New York Times
  • Ahead of Michael Kors takeover, Jimmy Choo’s profit almost triples. Business of Fashion

Marketing and Social Media

Startup and Emerging Tech

  • At KFC’s new Chinese concept shop, pay with a face scan. AdAge
  • MatchesFashion sells at reported $1B valuation. Business of Fashion
  • Chinese internet giant Tencent invests in a flying car startup. FastCompany
  • Galleries Lafayette acquires majority stake in La Redoute. Business of Fashion
  • Here’s how peer-to-peer Apple Pay payments will work. CNet
  • Sneaker startup Allbirds lands $17.5M in new funding. Forbes

International

  • Alibaba’s $1B retail experiment. Forbes
  • H&M to add 9 new stores, online sales in India. Economic Times
  • Hudson’s Bay to open first Dutch store, commites to Europe. Reuters
  • Ikea moves ahead with plans to launch massive store in South Korea. CNBC
  • Marks & Spencer in talks to offload Hong Kong and Macaus shops. Telegraph
  • Starbucks and Alibaba to launch Alipay in the 242 Starbucks stores in Malaysia. Seeking Alpha
  • Amazon is struggling to find its place in China.  Business Insider