Weekly Industry Brief: 2.26.2018

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

Brands + Retailers

  • Chanel and Farfetch team up for digital push at fashion label’s stores.  Reuters
  • Amazon is giving its Prime members with a Visa rewards card 5% back when shopping at Whole Foods.  CNBC
  • Albertsons to buy Rite Aid in latest Amazon countermeasure.  Bloomberg
  • Soon available at WalMart, Harry’s is giving Gillette a run for its money.  Fast Company
  • AirBnB is rolling out a new tier aimed at higher-end travelers.  TechCrunch
  • UPS is working on a fleet of 50 custom-built electric delivery trucks.  TechCrunch
  • Nordstrom Family Group finalizing take private offer.  Business of Fashion
  • How Everyone is building the next-gen clothing brand.  Fast Company
  • Amazon has quietly launched an exclusive line of over-the-counter health products.  CNBC
  • Walmart has big year of commerce investments planned to bring growth back to 40%.  CNBC
  • Kith is dropping exclusive collections on Net-a-Porter.  Fashionista
  • Amazon plans to open as many as six more Amazon Go stores this year.  Recode
  • WalMart is launching a home decor site.  Business Insider
  • Net-a-porter beauty business is thriving.  Glossy
  • Walmart aims for affluent customers with online mattress line.  New York Times
  • Fitbit posted a weaker-than expected quarter.  Techcrunch
  • Chewy beats Amazon in online pet supply business.  Forbes
  • ASOS launches first-ever activewear line for men and women.  Independent

Social Media + Marketing

  • Nike teamed up with Snap and Darkstar to pre-release shoes on Snapchat.  TechCrunch
  • Snapchat copies Instagram, adds gif stickers.  The Next Web
  • Google debuts AdSense ‘auto ads’ with machine learning to make placement and monetization choice.  TechCrunch
  • Chanel unveils Instagram feed for beauty devotees.  LA Times
  • Maybelline asks followers if Snapchat is worth it.  AdAge
  • Is brand-free beauty the wave of the future?  Fashionista
  • Goop expands media empire with Gwyneth-hosted podcast.  Fast Company
  • Facebook says its clarifying its ad metrics.  TechCrunch
  • Get ready for 3D posts in your Facebook newsfeed.  Techradar
  • Instagram is dissolving its global community team.  The Verge

Startups + Emerging Tech

  • Glossier raises $52M in Series C funding.  Fashionista
  • Oreo snacks on AR in new mobile scavenger hunt.  Mobile Marketer
  • Diamond industry turns to AR to attract wedding-wary millennials.  Glossy
  • Proven wants to sell AI distilled custom skincare.  TechCrunch
  • DropBox files for IPO of up to $500M to tap into the public market.  The Drum
  • Dolce & Gabbana is using drones to model handbags at Milan Fashion Week.  Business Insider
  • Apple plan giant high-end iPhone and lower priced models.  AdAge

International

  • From online-only to omni-channel in China. Wall Street Journal
  • Flipkart is crushing Amazon in one of India’s biggest ecommerce categories.  Quartz
  • Chinese KOLs are a dime-a-dozen but sometimes a dime well spent.  Jing Daily
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