Happy TUESDAY! Start your day with some industry news. Sources are in the hyperlinked text after the headline.
Brands and Retailers
- Spotify’s Wall Street debut is a success. The New York Times
- Why the QVC model still works for beauty brands. Glossy
- ASOS has ambitions for big expansion. The Guardian
- Designer brands are joining the direct-to-consumer fray. Glossy
- Nine West may be heading for bankruptcy. Fast Company
- Cult men’s brief brand Tommy John just launched a line of women’s undies. Fast Company
- Warehouses are now worth more than offices, thanks to Amazon. Bloomberg
- Resale is expected to be bigger than fast fashion within 10 years. Fashionista
- How InStyle is cashing in on beauty ecommerce. Glossy
- Some Amazon Key features including keyless entry, go nationwide. CNet
- Amazon now sells more than 70 of its own private-label brands. Recode
- Anthropologie CEO leaving this month. WWD
- Nine West files for Chapter 11 bankruptcy protection. USA Today
- Nordstrom opening a New York store as other retailers close theirs. New York Times
- Amazon spent nearly $23B on R&D last year – more than any other U.S. company. Recode
- Paypal rolling out banking products. TechCrunch
Marketing and Social Media
- Google and Target issue first voice-activated coupon. AdWeek
- Bricks and clicks: How Instagram is changing physical retail. Forbes
- Amazon could lead in search ad business by 2020. Mediapost
- How Tumi is using AI in marketing campaigns, online and in stores. Glossy
- Polyvore acquired by global fashion platform SSENSE. Fashionista
- Snapchat cashes Houseparty group video chat app. Adage
- Adobe releases State of Digital Advertising 2018 research. Forbes
- More targeted ads are coming to your TV. AdWeek
- Facebook really wants people to use Stories. AdWeek
Startup + Emerging Tech + Acquisitions
- Tradesy acquired a closet service to compete with The RealReal. Glossy
- Virtual reality, now with the sense of touch. The Wall Street Journal
- Walmart in takeover talks with pharmacy startup. Bloomberg
- Postdates launching pickup feature. TechCrunch
- 2.1B consumers will use mobile payments by 2019. RetailDive
- How Mobike’s founder turned a crazy idea into a $3B startup. Bloomberg
- Instacart raises another $150M. TechCrunch
- Alibaba is becoming a major investor in facial recognition technology. Quartz
International
- ShopShops aims at Chinese consumers via live streaming. The Wall Street Journal
- In China, the sharing economy stretches to fashion for millennials. SCMP
- These seven international retailers want to make a splash in the US. CNBC
- Tencent shows off their vision for the future of unmanned retail. Jing Daily
- Southeast Asia fashion startup Zilingo continues meteoric rise with $54M Series C TechCrunch
- Hong Kong money to help online fashion disrupter Moda Operandi break into the Asian market. SCMP
- Taco Bell plans explosive Australian growth as sales jump. AdAge