Weekly Industry Brief: 7.30.2018

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
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