WEEKLY INDUSTRY BRIEF: 4.23.2018

Happy Monday! Here is a recap of articles I’ve been reading over the last week.  Sources can be found in the hyperlinked text after the headlines.

Brands and Retailers

  • AT&T is launching a $15 TV streaming subscription.  The Verge
  • Glossier is officially opening up shop in Los Angeles.  Fashionista
  • Former Nike designer launches Wone, a minimalist luxury activewear label to watch.  Fashionista
  • Amazon’s next conquest will be apparel.  TechCrunch
  • The retail industry is focusing on customer experience and convenience to win in ecommerce.  AdWeek
  • The dawn of micro-merch.  The New York Times
  • Best Buy to sell Amazon’s new Fire TV Edition smart TVs in stores. Retail Dive
  • Starbucks to close nationwide for facia-bias training.  The New York Times
  • WalMart to launch redesigned website in May.  The Wall Street Journal
  • Net-a-Porter founder launches venture capital investment fund.  The New York Times
  • Packaged foods boost Amazon’s grocery sales.  Bloomberg
  • Facebook is forming a team to design its own chips.  Bloomberg
  • Amazon eyes a move into home shopping TV with possible Evine buy.  TechCrunch
  • As customers turn cold, Victoria’s Secret faces a reckoning.  Glossy
  • Hasbro bets on Walmart, Target and Alibaba as sales implode in wake of Toys R Us closure.  Fortune

Marketing and Social Media

  • Google beats expectations again with $31.15B in revenue.  TechCrunch
  • Snapchat introduces three new capabilities of its augmented reality lenses with ‘Shoppable AR.’  AdWeek
  • Amazon now has 100M paid Prime subscriptions.  AdAge
  • How three brands brought tech to life at Coachella.  AdWeek
  • P&G ends its year-long YouTube ban.  AdAge
  • Facebook to show pre-roll video ads in more places.  AdAge
  • Revolve’s co-founder on why Coachella and influencers are central to the firm’s $1B revenue.  Forbes
  • Social media use is increasing despite privacy fears.  The Next Web
  • How Teen Vogue is reinventing traditional magazine covers in a digital-only landscape.  Glossy
  • Twitter’s rise from the ashes.  Seeking Alpha
  • How Juicy Couture and sister brands are automating their in-house influencer campaigns.  Glossy

Startup + Emerging Tech + Acquisitions

  • Meet 9 startups investors have lit up to take the cannabis industry higher.  TechCrunch
  • Amazon is reportedly working on its first home robot.  The Verge
  • How Apple will use AR to reinvent the human-computer interface.  Fast Company 
  • The beginner’s guide to how blockchain could change the ethical fashion game.  Fashionista
  • McKinsey’s latest AI research predicts it could create trillions worth of value someday.  Recode
  • You can now buy drinks, snacks and even hangover cures in the back of your Uber.  CNBC

International

  • Online retailers go offline in China.  The Economist
  • The journey to an agile organization at Zalando.  McKinsey
  • Alibaba’s TMall woos luxury brands to sell to its invite-only loyalty club for big spenders.  Glossy
  • Mantra acquires wearables maker Witworks.  LiveMint
  • Casper plans brick-and-mortar push into Canada. Retail Dive
  • WalMart in advanced talks to acquire Amazon’s India rival, Flipkart.  Recode
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