Happy Monday! Here is a quick scan of industry news from the last week. Sources are in the hyperlinked text after the headline.
Brands and Retailers
- Nike has a plan to survive retail’s existential crisis – and it’s working. Quartz
- Online apparel sales rose 7% in 2017. Retail Dive
- How Goop’s haters made Gwyneth Paltrow’s company worth $250M. The New York Times
- Following its rebrand, Joann is no longer your mom’s fabric store. AdWeek
- Walmart reportedly recruits ex-Epix CEO In bid to build video service. TechCrunch
- WeWork is just one facet of SoftBank’s bet on real estate. TechCrunch
- Welcome to the Hypebeast Hotel. GQ
- Secondhand retailer ThredUp pens letter to Burberry over burned clothes. Fortune
- A look at Beautycon, the Super Bowl of the beauty industry. The New York Times
- Why ingestible beauty is becoming big business. Glossy
- Amazon’s quarterly profits hit record $2.5B. Financial Times
- Gucci profits and sales soar without opening new stores. The Wall Street Journal
Marketing and Social Media
- Warby Parker created a throwback music video with NYC public access TV. AdWeek
- QVC turns to Facebook Live to boost its beauty category. Glossy
- Amazon has big plans for its multi-billion-dollar ad business. Fast Company
- Facebook takes historic plunge as scandals finally take a toll. AdAge
- Snapchat deals with NFL, NBC to add more sports videos. Engadget
- You can now book influencer-approved vacations straight through their posts. Fashionista
- Pinterest nears $1B in ad sales and valuation rises at it looks to go public in mid 2019. CNBC
- Voice control forces marketers to think differently. eMarketer
- American Eagle is resurgent after learning how to tap into the progressive social leanings of Generation Z. Fast Company
- Walmart is cozying up to influencers. Digiday
- Why unstoppable Stories ads could revive Facebook. gucciTechCrunch
- Twitter shares lose over one-quarter of their value. CNBC
- Amazon to test new grounds for its product ads. AdAge
- Dior brought back the saddle bag with a global Instagram blitz. Business of Fashion
Startup + Emerging Tech + Acquisitions
- How AI is changing sales. Harvard Business Review
- Groupon loses $83M patent dispute with IBM. Fast Company
- Digital studio Awesomeness sells to Viacom for $25M. Fast Company
- The Real Real raises $115M in Series G funding. Fashionista
- Genderless makeup brand Jecca is L’Oreal’s latest startup squeeze. Forbes
- Google Glass is back – now with artificial intelligence. Wired
International
- Google to add wifi hotspots in Africa. Google Blog
- A tale of two millennials: India and China. Jing Daily
- Starbucks pairs up with Alibaba in China to deliver coffee. Fortune
- Marriott and Alibaba partner in China to allow facial scanning check in. Forbes