Weekly Industry Brief: 1.16.2018

Here is some of the industry’s news over the last week. Sources can be found in the hyperlinked text after the headline.

Brands and Retailers

  • Lands’ End plans to open 40-50 brick-and-mortar stores over the next five years. Women’s Wear Daily
  • Target’s plan to pump $7B into its stores really paid off over the holidays. Fortune
  • Target plans private-label denim line. Women’s Wear Daily
  • As Amazon and Walmart duke it out, niche retail can thrive. Fast Company
  • Wal-Mart raises US hourly wage to $11 in wake of tax overhaul. Bloomberg
  • With Nyden, H&M tests a brand designed to attract millennials. Glossy
  • A tough agenda faces Neman Marcus’ new CEO. Forbes
  • Yoox Net-a-Porter group’s sales hit yet another milestone in 2017. Fashionista
  • Why Nike sees social responsibility as an opportunity to innovate. Fast Company
  • Supreme Court could rule whether e-retailers pay state sales tax. Retail Dive
  • New Look working with Deloitte on store closure plan. Telegraph
  • Beauty’s future will be more about technology, quality, formulation and individualization. CNBC
  • Department stores’ deepest woes remain in spite of upbeat holiday sales. CNBC
  • Get to know commodity, the gender-neutral beauty company taking Sephora by storm. Fashionista
  • If retailers want to compete with Amazon, they should use their tax savings to raise wages. Harvard Business Review

Marketing and Social Media

  • Ad buyers prefer Instagram to Snapchat. Fast Company
  • Facebook to change algorithm to favor posts from family and friends. AdAge
  • CVS vows to stop altering beauty images in its marketing. Wall Street Journal
  • Gimlet Media is one step closer to becoming the HBO of audio. Fast Company
  • America’s love-hate relationship with social media, quantified. Recode
  • Digital-only magazine covers are bringing media brands into the digital age. Fashionista

Startup + Emerging Tech + Acquisitions

  • Try-at-home gets a tech update with sensor suits. Glossy
  • Apple is the only place you can buy Colgate’s new artificially intelligent toothbrush. Business Insider
  • Kroger and rivals in talks to buy wholesales startup Boxed for up to $500M. Forbes
  • Peloton wants to strike gold again with a $4K connected treadmill. Fast Company
  • Lenovo Mirage Solo is Google’s bet on the future of VR. CNN
  • Pay by fingerprint? Visa’s new card marks it possible. Fast Company
  • Bots are about to get better at customer support than humans. Wired
  • Amazon’s Alexa could start giving out opinions. Retail Dive

International

  • How ASOS became a top beauty retailer in the UK. Glossy
  • Apple and Tencent reach deal to let WeChat users dole out tips. Wall Street Journal
  • Sales of lipsticks for kids grew six-fold last year in South Korea. Quartz
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 )

Google+ photo

You are commenting using your Google+ 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 )

w

Connecting to %s