Weekly Industry Brief: 5.14.2018

TGIM (“Thank God It’s Monday”)! Here is your recap of industry news from the last week.  Sources are in the hyperlinked text after the headline. Have an awesome week.

Brands and Retailers

  • Target testing a retail ‘flow center’ for faster, nimbler distribution.  The Wall Street Journal
  • Five more Nike executives out amid inquiry into harassment allegations.  The New York Times 
  • WalMart to start selling Harry’s razors.  Bloomberg
  • Anastasia Beverly Hills could be valued at $3B after minority stake acquisition.  CNBC
  • Why Nestle is paying $7.2B to sell Starbucks Coffee.  Fortune
  • Sears extends partnership with Amazon as transformation continues.  Retail Dive
  • Stadium Goods positioned itself as the Tiffany’s of the high-end sneaker resale market.  The New York Times
  • Amazon launches private label pet brand.  Retail Dive
  • Apple is reportedly working on a credit card.  Quartz
  • Handy wants to take care of the heavy lifting for furniture retailers.  Forbes
  • Canadian Tie to buy sportswear brand Helly Hansen in $770M deal.  Reuters
  • Shopify launching a brick-and-mortar store.  Forbes
  • Urban Outfitters experiments with pop-ups and artist collaborations.  Glossy
  • Marriott to compete with Airbnb in home-sharing game.  Fast Company
  • Mondelez buying Tate’s Bake Shop for $500M.  Fortune
  • How product customization is driving a new business strategy at Tapestry.  Glossy

Marketing and Social Media

  • Instagram adds video chat to its host of features.  The Drum
  • Brands can turn social video views into conversions.  PYMNTS
  • How social media issuing used to sell real estate.  AdWeek
  • Amazon stops buying shopping ads on Google. AdAge
  • Why beauty brands are shifting their focus from the feed to Instagram Stories.  Glossy
  • Why Revlon brought its digital marketing and sales organizations in-house.  Glossy
  • Snapchat’s redesigned redesign starts rolling out.  The Verge
  • Amazon, Snapchat could bring competition to Facebook and Google.  Digiday
  • Businesses on Instagram are getting calls to action, direct messaging improvements.  AdWeek
  • Instagram’s emoji slider sticker added a new element to polling friends and followers.  AdWeek
  • Facebook suspends 200 apps for potential misuse of data. AdAge
  • Bonobos looks to cash in on fashion’s inclusivity movement.  Glossy

Startup + Emerging Tech + Acquisitions

  • Google’s Style Match feature applies image recognition to finding products.  Racked
  • What blockchain could mean for marketing.  Harvard Business Review
  • LVMH to invest in Lyst upon new round of funding.  Fashionista
  • Uber unveils the flying taxi it wants to rule the skies.  Wired
  • Amazon is setting up model ‘smart’ homes to sell Alexa gadgets.  New York Post
  • Blockchain used to track gems to counter blood diamonds and fakes.  Forbes
  • Google and Levi’s connected jacket will let you know when your Uber is here.  TechCrunch

International

  • Alibaba’s brick-and-mortar malls herald new growth strategy.  Nikkei
  • How Chinese consumer engage with luxury livestreamers.  Jing Daily
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