WEEKLY INDUSTRY BRIEF: 4.10.2018

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
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 )

Connecting to %s