Weekly Industry Brief: 6.26.2018

Happy Tuesday! Here is a recap of industry news over the last week.  Sources are in the hyperlinked text after the headline.

Brands and Retailers

  • Chanel publishes annual results for the first time in 108 years.  Business of Fashion
  • States can collect sales taxes from online retailers.  Business of Fashion
  • Kroger’s new approach to stocking shelves is boosting earnings.  The Wall Street Journal
  • AT&T launches a new streaming service for $15 a month.  Fortune
  • A Kmart store opens inside a Sears store in Brooklyn. CNBC
  • CVS adds home delivery with help from Post Office.  The Wall Street Journal
  • AT&T launches a new streaming service for $15 a month.  Fortune
  • Molson-Coors may be getting into the marijuana business.  Fortune
  • Ex Amazon executive tapped to run luxury store Bergdorf Goodman.  Business of Fashion 
  • Subscription box market fights fatigue.  AdAge

Marketing and Social Media

  • YouTube introduces channel memberships, merchandise and premieres.  TechCrunch
  • Aerie rapidly gaining market share off social media and ‘more authentic’ women.  CNBC
  • Facebook launches brand collabs search engine for sponsoring creators.  TechCrunch
  • Google launches podcasts app for Android.  Forbes
  • FabFitFun partners with Pinterest on trending box.  AdAge
  • Whole Foods scrubbed Instagram to raise awareness.  Fast Company
  • Soul Cycle just launched a new media division.  Fast Company
  • Instagram launches IGTV app for creators, 1-hour video uploads.  TechCrunch
  • Avon is launching a podcast to recruit sellers and build credibility.  Glossy
  • LL Bean campaign takes office outdoors.  AdAge
  • Google announces new features for retail advertisers.  MarketingLand
  • Reebok is boosting its women business with celebrities, music videos and podcasts.  Glossy
  • Facebook launches gameshows platform with interactive video.  TechCrunch
  • Google rolls out messages on the web for Android users.  TechCrunch

Startup + Emerging Tech + Acquisitions

  • Amazon launches an Alexa system for hotels.  TechCrunch
  • Twitter acquires anti-abuse technology provider Smyte.  TechCrunch
  • PayPal to acquire machine learning-powered fraud detection startup Similarity for $120M.  VentureBeat
  • Oculus TV brings high-quality shows, movies to VR.  Fast Company
  • Voice shopping gains traction, will disrupt retail.  The Business Times
  • Google Assistant debuts continued conversation feature.  Retail Dive
  • Andreessen Horowitz just punched an aggressive $300M crypto-currency fund.  Fast Company

International

  • China’s tech giants’ costly wars to go cashless.  The Wall Street Journal
  • Social media still growing in emerging markets but stalled elsewhere.  TechCrunch
  • Alibaba’s European expansion plans.  Forbes
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Weekly Industry Brief: 6.18.2018

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

Brands and Retailers

  • Is co-working the next hot retail concept?  Retail Dive
  • These brands are benefiting from fumbles at Victoria’s Secret.  CNBC
  • To compete with Amazon, big-name consumer brands have to become more like it.  Havard Business Review
  • CoverGirl is opening its first store.  Elle
  • Rent the Runway extends logistics tools to luxury fashion brands.  Fast Company
  • Google enters deal with Carrefour to sell food online.  Bloomberg
  • Zara goes high-tech in race with Amazon.  Bloomberg
  • Home Depot sets $1.2B supply-chain overhaul.  The Wall Street Journal
  • AT&T completes its acquisition of Time Warner.  TechCrunch
  • Amazon is facing questions from U.S. senators about Echo privacy.  AdAge
  • Adobe could be the next $10B software company.  TechCrunch
  • Amazon’s clever machines are moving from the warehouse to headquarters.  Bloomberg
  • JetBlue founder launching another low-cost airline.  Fast Company

Marketing + Social Media

  • Voice assistants are the new marketing battleground.  The Wall Street Journal
  • Cannabis has officially arrived in the realm of luxury wellness.  Quartz
  • Inside Coach’s latest bid for brand love.  Retail Dive
  • Inside Nike’s mission to change the future of our planet.  Dazed
  • Snap introduces ads for its stoppable AR games.  VentureBeat
  • How Depop is catering to Gen Z and millennials to get an edge over competitors.  Glossy
  • Get ready to activate marketing campaigns with mobile wallets.  Forbes
  • Facebook is building a $750M data center in Huntsville, Alabama.  Fortune
  • Instagram’s new shopping bag icon adds commerce element to advertisers’ Stories.  MarketingLand
  • In study, Conde Nast seeks to understand which factors influence purchase on the path to purchase.  Glossy
  • Oprah partners with Apple on subscription video service.  Fast Company
  • Snapchat builds app services for Tinder and more.  AdAge
  • Unilever says it won’t work with influencers who buy followers.  CNBC

Startup + Emerging Tech + Acquisitions

  • L’oreal is bringing the makeup counter experience into your home with live-streaming and AR.  AdWeek
  • Macy’s and B8ta partner on new retail concept.  Retail Dive
  • Why are grocery retailers teaming up with tech giants?  Reuters
  • Microsoft is developing its own cashier less store technology.  TechCrunch
  • Marketing startup Influential raises $12M from WME and others.  TechCrunch
  • Zelle forecast to overtake Venmo this year.  TechCrunch
  • WeWork in talks with SoftBank to double valuation to as much as $40B.  The Wall Street Journal
  • LOLA raises $24M for a subscription service that ships tampons, pads and now condoms.  TechCrunch
  • Square jumps on receiving license to let New York customers buy and sell bitcoin.  Bloomberg
  • These high-tech clothes make you money by selling your data.  Wired

International

  • Chinese shoppers look to live videos to discover American beauty brands.  Glossy
  • How ecommerce with drove delivery is taking flight in China.  The Economist
  • Google invests in JD.com.  Seeking Alpha

Weekly Industry Brief: 6.11.2018

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

Brands and Retailers

  • Lord & Taylor is closing 10 stores including its Fifth Avenue flagship.  Fortune
  • Gucci aims to rival Louis Vuitton with $12B target.  Fortune
  • The world’s largest apparel companies 2018.  Forbes
  • Amazon introduces the Fire TV cube.  Quartz
  • Ikea no longer just a furniture company.  Fast Company
  • Why 2018 is the year of modernization for Target.  Retail Dive
  • Five surprising findings about how people buy shoes and clothes.  Harvard Business Review
  • Kayla Itsines’ Sweat app will rake in $77M this year.  TechCrunch
  • Amazon taps into the indie beauty craze with new online store.  Glossy
  • Target, Sycamore tried to acquire Toys ‘R’ Us assets.  Bloomberg
  • Rue La La is buying GIlt.  Bloomberg
  • How FitBit is trying to transform healthcare and itself.  Fast Company
  • Yahoo Messenger to shut down.  Fortune
  • How pop-up shops are evolving as commerce brands expand their footprints.  AdWeek
  • Starbucks increases price of coffee.  AdAge
  • J.C. Penny to open 650 Fanatics shops in stores.  Women’s Wear Daily

Marketing and Social Media

  • Facebook allows video with copyrighted music, tests Lip Sync Live.  TechCrunch
  • SeatGeek brings ticket selling into Snapchat.  TechCrunch
  • Is H&M’s influencer-drive line the future of fashion?  Fast Company
  • Behind the messy, expensive split between Facebook and WhatsApp founders.  The Wall Street Journal
  • Facebook shared data with Chinese telecom Huawei, raising US government security concerns.  TechCrunch
  • Facebook monetizes Marketplace with ads from users and brands.  TechCrunch
  • Facebook takes on Twitch with launch of new game streaming.  Tech Radar
  • Snapchat ad prices go from ungodly to cheap.  AdAge
  • Instagram plans to launch a Snapchat Discover-style video hub.  TechCrunch
  • Direct-to-consumer brands sour on Facebook ads.  Digiday
  • Publishers are seeing traffic from more than just Facebook.  AdWeek
  • How Generation Z’s social media savvy entrepreneurs are giving millennials a run for their money.  CNBC
  • US podcast ad revenues hit record $314M in 2017. TechCrunch

Startup + Emerging Tech + Acquisitions

  • The Honest Company accelerates growth strategy with investment from L Catterton.  BusinessWire
  • Casper launches a $35 nap pillow for sleeping on-the-go.  TechCrunch
  • Apple drew up a patent for a new kind of blood pressure monitor.  The Verge
  • H&M tests voice-activated mirrors at NYC flagship.  Retail Dive
  • Why Microsoft is willing to pay so much for Github.  Harvard Business Review
  • How shopping app Wish is building a retail empire.  CNet
  • Microsoft acquires a bunch of game studios.  TechCrunch

International

  • Amazon extends UK hiring spree as Brexit uncertainty lingers.  Bloomberg
  • Chinese buyers crave a new sales pitch: “experiential luxury”.  Jing Daily
  • Luxury sales are rebounding in China. Just not in stores. The New York Times
  • India’s online sales to grow 31% in 2018. LiveMint

Weekly Industry Brief: 6.4.2018

And just like that, it’s JUNE! Here is a recap of industry news over the last week.  Sources are in the hyperlinked text after the headline.

Brands and Retailers

  • WalMart’s personal shopper service launches in New York.  Fortune
  • Microsoft is now more valuable than Google.  The Verge
  • Improvement seen across the board for Urban Outfitters in the first quarter.  Forbes
  • Howard Shultz to exit Starbucks.  The New York Times
  • Sears Holdings closing 72 more stores after another terrible quarter.  Fortune
  • Madewell continues to help J.Crew, with sales up 39%.  Fashionista
  • How today’s newest underwear brands are changing the game by focusing on inclusivity.  Fashionista
  • American Eagle beats earnings, Aerie sales on fire.  Reuters
  • Coca Cola just started selling its first alcoholic drink ever.  Fortune
  • Valentino and L’Oreal are joining forces to create a new beauty collection.  Harper’s Bazaar
  • Etsy to close wholesale market to focus on main website.  Bloomberg
  • 20 Takeaways from Mary Meeker’s 294-page Internet Trends report.  TechCrunch
  • WalMart CEO highlights innovation, performance.  CNBC
  • Lululemon climbs as sales pick up pace.  Bloomberg
  • Ikea rethinks US expansion, invests in online.  USA Today

Marketing and Social Media

  • Pinterest 2017 sales rise 58%.  Bloomberg
  • Facebook nears deals on new shows for video platform.  The Wall Street Journal
  • Kanye skips Tidal exclusivity, drops new album on Spotify and Apple Music.  TechCrunch
  • TV ads on AMC networks will be able to deliver offers directly to viewers’ smartphones.  AdWeek
  • Facebook pulling plug on Trending feature.  AdWeek
  • Abercrombie’s comeback traced to marketing.  AdAge
  • Teens dump Facebook for YouTube, Instagram and Snapchat.  TechCrunch
  • Why wellness brands are betting on podcast ads.  Glossy
  • Snapchat preps Snapkit platform to bring camera, login to other apps.  TechCrunch
  • Pinterest unveils new video ad format.  Mediapost

Startup + Emerging Tech + Acquisitions

  • Hello Alfred, the in-home assistant service snags $40M.  Fast Company
  • Warren Buffet offered Uber a $3B investment but the talks fell apart.  The Wall Street Journal
  • WalMart’s future may include in-store drones and smart shopping carts.  CNBC
  • Alibaba’s new autonomous robot delivers packages at a modest pace.  Engadget
  • HelloFresh takes meal kits to Giant, Stop & Shop.  The Wall Street Journal
  • The number of smartphone driven retailers is growing.  Bloomberg
  • L’Oreal says AR beauty is just the beginning.  Forbes
  • Softbank to invest $2.25B in GM’s self-driving car division.  Fortune

International

  • Amazon India rebrands, expands online groceries service.  LiveMint
  • Canada goose to expand in China.  Financial Post
  • Amazon geo-blocks Australia from US website as tax change kicks in.  Reuters
  • Apple’s HomePod launches in Canada, France and Germany.  The Verge
  • Alibaba to invest $15.5B in logistics network.  ZDNet