Weekly Industry Brief: 11.13.2017

Happy Monday! This week I have a special section of headlines about Alibaba’s Double 11/Singles Day event from the weekend.  Next week is Black Friday here in the US, which means we have one more Monday before Cyber Monday.  Cheers to a successful holiday!

As always, sources can be found in the hyperlinked text after the headline.

Alibaba’s Singles Day Event

  • Alibaba’s Singles Day racks up $8.6B in first hour. Bloomberg
  • Alibaba’s Singles Day sales smash record with $25B haul. Fortune
  • Alibaba lets AI, robots and drones do heavy lifting for Singles Day. South China Morning Post
  • Alibaba’s Singles Day sales hit record. New York Times
  • Alibaba tests 60 futuristic pop-up stores across China for Singles Day. Digiday
  • Lessons from Alibaba’s $25B shopping event. AdAge
  • Singles Day 2017 highlights Alibaba’s intent to become a global leader. Forbes
  • Alibaba and JD.com squabble over Singles Day sales calculations. Women’s Wear Daily
  • Singles Day faces fatigue in China. The Wall Street Journal
  • JD.com generated $19B in sales at its rival event. Fortune
  • Black Friday, Prime Day and Singles Day: When do people spend the most? Fortune

Brands and Retailers

  • CVS will offer next day delivery of prescriptions. New York Times
  • Amazon Cash, the service that lets you use cash to shop Amazon online, arrives at 7-Eleven. TechCrunch
  • Burberry shares are plunging as investors flee new CEO’s expensive plans. Fortune
  • Online retailers are desperate to stem a surging tide of returns. Bloomberg
  • Amazon developing a free, ad-supported version of Prime. AdAge
  • Nordstrom is launching 24/7 curbside pickup for the holidays. Fashionista
  • Victoria Beckham to collaborate with Reebok in 2018. Fashionista

Marketing and Social Media

  • How Vimeo is preparing for the future of video storytelling. Fast Company
  • Snapchat’s programmatic ads fetch $3-$8 CPMs. Digiday
  • Tencent could play a role redesigning Snapchat following $2B investment. Techcrunch
  • Instagram might let you follow hashtags. Fast Company
  • How Kith built its brand in niche streetwear. New York Times
  • Facebook relaunches Events app as Facebook Local, adds bars and food. Techcrunch
  • Spotify expands merch to beauty products, sells out tickets for Who We Be. Techcrunch
  • Women-only social club The Wing launches a bi-annual print magazine. AdWeek
  • At Tiffany, the Fifth Avenue face-lift starts at home. New York Times
  • Crew cast seven ‘real people’ in its 2017 holiday gift guide. Fashionista
  • Amazon expands its influencer program to include Twitter and Instagram, in addition to YouTube. Techcrunch

Startup and Emerging Tech

  • Music.ly, a Chinese app big in the U.S. sells for $1B. New York Times
  • Tinder wants to spice up your love life with AI and location services. Android Authority
  • Stitch Fix gets a close look from consumer VC firm ahead of IPO. Techcrunch
  • Heyday raises $3M for personalized skincare and facials. Techcrunch
  • Apple has acquired imaging sensor startup InVisage Technologies. Techcrunch
  • Voice-enabled smart speakers to reach 55% of U.S. households by 2022. Techcrunch

International

  • Costco to expand internationally; will launch in France. Bloomberg
  • Birchbox opens first UK standalone store. Vogue
  • Amazon says Australia launch imminent. Business of Fashion
  • PayPal launches domestic payments in India. Business Line

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s