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
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