Here is a recap of industry news from the last week. Sources are in the hyperlinked text after the headline.
Brands and Retailers
- VF Corp considers sale or spin off of denim businesses Lee and Wangler. The Wall Street Journal
- Samsung unveils new Galaxy Note smartphone amid slowing sales. The New York Times
- Party City joins parade of brands looking to grow via Amazon. Bloomberg
- Amazon captures 5% of America retail spending. Bloomberg
- Spotify’s $30B playlist for global domination. Fast Company
- WeWork’s first financial report shows off growing revenues and $1B SoftBank deal. Fast Company
- Playing catch up with Walmart, Amazon offers digital grocery pickup at Whole Foods. The New York Times
- Four women sue Nike for violating equal pay acts. Fast Company
- Casper to open 200 stores. The Wall Street Journal
- Tesla stock sinks as reality sinks in. Fast Company
- Sports Direct buys House of Fraser for 90M GBP. Business of Fashion
- Jimmy Choo sales help Michael Kors beat estimates. Business of Fashion
- Shopify battles the scammers behind fake web stores. AdAge
- Online retailers are using empty mall spaces to test products. Digiday
- Move over millennials, it’s Gen Z’s turn to kill industries. Bloomberg
- Rite Aid and Albertsons terminate merger talks. The Wall Street Journal
- Wayfair opening its first store. Forbes
- Nestle’s plan to bring customers back to big food. The Washington Post
- Pet pampering surges as millennials practice parenting. AdAge
Marketing and Social Media
- The flourishing business of fake YouTube views. The New York Times
- Why Snapchat is shrinking. Recode
- YouTube is about to pass Facebook as the second biggest website in US. CNBC
- L’oreal adds to Facebook sales push with virtual make-up tests. Reuters
- Google still stores location data even if users opt out, report shows. AdWeek
- Google launches Cameos, a video Q&A app aimed at celebs at public figures. TechCrunch
- Snapchat expands stoppable AR to its top creators. Digiday
- Facebook builds its own AR games for Messenger video chat. TechCrunch
- Inside the hyper-targeted world of alcohol influencers. Vinepair
- Spotify tests letting listeners skip ads. AdAge
- Walmart to sell Gobble Meal Kits in new partnership. Fortune
- Snapchat Storytellers is the app’s new way of connecting brands and influencers. AdWeek
Startup + Emerging Tech + Acquisitions
- Inside Store No. 8, Walmart’s incubator that is testing VR and conversational commerce. Digiday
- Uber hit with cap as New York City leads in crackdown. The New York Times
- Amazon launches an Alexa auto SDK to bring its voice assistant to more cars. TechCrunch
- How H&M is betting on AI and big data to regain profitability. Forbes
- Wayfair unleashes mixed-reality shopping. RetailDive
- Unmade raises $4M to help fashion brands make customizable clothes and cut waste. VentureBeat
- How L’oreal’s tech incubator is transforming in-house product development. Glossy
- New supply chain jobs are emerging as AI takes hold. Harvard Business Review
International
- Inside Google’s effort to develop a censored search engine in China. The Intercept
- Google’s path back into China includes a host of local partners. Fortune
- Music.ly investor bets on internet radio with $17M deal for Korea’s Spoon Radio. TechCrunch
- Walmart and JD.com invest $500M in a Chinese online delivery company. CNBC
- Urban Outfitters expands in UK and Europe. Drapers
- There’s only one way to break into China’s crowded retail market. Harvard Business Review