Happy Black Friday Week! And Happy Thanksgiving. Hope everyone has a very successful two weeks ahead.
Here is a recap of industry from the last week. Sources can be found in the hyperlinked text after the headline.
Brands and Retailers
- American Eagle opened a store of the future complete with free laundry and an iPad in every dressing room. Business Insider
- Forever 21 reports payment card security breach. Reuters
- Reformation launches very cute, very planet-friendly baby clothes. Fashionista
- Farfetch’s revenue up 74% to last year. Fashionista
- Google Express lets you shop at Costco without a membership. Fast Company
- Abercrombie & Fitch revenue up in Q3; rebranding is catching on with consumers. Fashionista
- Gain in U.S. retail sales last month signals steady demand. Bloomberg
- Black Friday will be the biggest mobile shopping day ever in the U.S., claims forecast. TechCrunch
- Amazon and Whole Foods unveil new price cuts for Prime members. The Verge
- For the first time, Calvin Klein to sell new underwear exclusively on Amazon this holiday. L2
- Wal-Mart joins retailers planning to try out Tesla truck. Bloomberg
- As athleisure cools, denim heats up. The Business of Fashion
- Uber agrees to buy tens of thousands of Volvo cars for its autonomous fleet. Fast Company
- Why this Christmas is make-or-break for Macy’s. Fortune
- Lululemon enters footwear market with branded sneaker line. SmartBrief
Marketing and Social Media
- Dollar Shave Club CMO thinks online estate sales are the next big thing. Ad Age
- The real reason the incredibly boring Ikea ads are so engaging. Forbes
- Snapchat admits it made the wrong decision on its spectacles. Tech Radar
- YouTube partners with Ticketmaster to promote tickets for live shows below artists’ videos. Venture Beat
Seventeen Magazine launches ‘Here,’ a community by and for LGBTQ teens. Fashionista - Jay-Z’s debut album turned into an Urban Outfitters capsule collection. Mashable
- Pinterest adds custom QR-like codes for businesses, more shoppable pins. MarketingLand
- Instagram now lets you post Stories from the mobile web. The Verge
- Updated Adidas shopping app is personalized to what you like. PSFK
- Facebook’s dynamic creative can generate up to 6,250 versions of an ad. MarketingLand
Startup and Emerging Tech
- Williams-Sonoma acquires augmented reality 3D imaging startup. Total Retail
- AirBnB acquires ad tech startup AdBasis. TechCrunch
- The Real Real: High-end disruptor or gateway drug to luxury? Robin Report
- Goop for men? This new site targets the $3.8B wellness industry. Fast Company
- MAC installs augmented reality mirrors to boost conversion s and collect data. Glossy
- Buzzfeed bets on the future of television. Fast Company
- StitchFix up just 1% on first day of trading, after reducing size of IPO. TechCrunch
- Outdoor sportswear finally gets the direct to consumer treatment. Fast Company
- Apple pushes HomePod release to early 2018. TechCrunch
International
- Ikea counts cost of Brexit as furniture import prices soar. Bloomberg
- China faces waste hangover after Singles Day buying binge. The Business of Fashion
- Postmates launches in first international city: Mexico City. TechCrunch
- Alibaba bets $2.9B that it can take on Wal-Mart in China. Bloomberg
- Amazon brings Echo and Alexa to Canada. TechCrunch
- Retailing in the Middle East: How to recapture profitable growth. McKinsey
- Tencent’s profit surges 69% thanks to its thriving games business. TechCrunch
- Forrester predicts 80% of companies will fail to comply with HDPR in 2018. Martech
- Alibaba and Alipay: A mobile future. Seeking Alpha