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
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