Weekly Industry Brief: 2.12.2018

Happy Monday! Here is a recap of industry news from the last week.  Sources are in the hyperlinked text after the headline.

Brands and Retailers

  • QVC’s plan to survive Amazon might actually be working.  Bloomberg
  • Loft moves into plus sizes in attempt to bolster slumping sales.  Glossy
  • Macy’s will be the first major US department store to sell hijabs.  Business of Fashion
  • Lululemon CEO resigns after falling short of company’s code of conduct.  Fast Company
  • Less selection will define retail in 2018.  Retail Dive
  • Estee Lauder targets 5-second attention span in digital makeover. Business of Fashion
  • How Target, Kroger and Design Within Reach are tapping tech to improve your shopping trip. Forbes
  • Getting your product on shelves at Whole Foods just got harder.  Wall Street Journal
  • L.L. Bean to link boots, coats to blockchain. Wall Street Journal
  • Booming Costco courts millennials with online and delivery, but stores still rule.  The Seattle Times
  • Amazon said to launch delivery service to compete with UPS and FedEx.  TechCrunch
  • Coty quarterly profit beats as acquisitions pay off.  Business of Fashion 
  • L.L. Bean drops lifetime return policy.  CNN Money
  • Retail sales expected to climb as much as 4.4% in 2018.  CNBC
  • Amazon is laying off hundred of employees at its Seattle headquarters.  Fortune
  • In the wake of Amazon, trophy retail properties fall short.  Forbes

Marketing and Social Media

  • Instagram give brands a new way to sell in collection ads.  AdAge
  • Snap revenue surges on user growth, advertising gains.  Bloomberg
  • Pinterest users are conducting 600 million visual searches per month.  AdWeek
  • Birchbox, Revolve test Instagram Collection ads.  MarketingDive
  • YouTube usage soars nearly 30%.  MediaPost
  • Twitter posts a profit for the first time.  AdAge
  • The most successful brands focus on users not buyers. Harvard Business Review 
  • Viacom to launch its own streaming service this year.  TechCrunch
  • Unilever threatens to pull funds from social media that breeds division.  AdAge
  • Brands are becoming accountable for where digital ads show up. The New York Times
  • Snapchat starts selling $10+ caption able AR masks for events.  TechCrunch
  • The Affluencers: influencers who have actual influence.  The Cut
  • Facebook testing down-vote option for flagging abusive comments.  Entrepreneur
  • Why you won’t see Olympic-themed McDonald’s commercials this year.  CNN Money

Startup + Emerging Tech + Acquisitions

  • Cardlytics up 3% following IPO, raised $70M.  TechCrunch
  • Grocery delivery startup Instacart is almost a unicorn.  Fast Company 
  • Amazon wants Alexa to be your home’s brain and this could be the next step.  Fast Company

International

  • How Tmall is fueling the global growth of China’s fashion designers. Glossy
  • Amazon eyes new warehouse in Brazil ecommerce push. Business of Fashion
  • How luxury brands sell and celebrate Chinese New Year online. Jing Daily
  • Alibaba buys sake in Chinese furniture retailer Easyhome.  South China Morning Post
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