Happy Monday! Here is a quick recap of industry news from the last week. Sources are in the hyperlinked text after the headline. Have a great week!!
Brands + Retailers
- Unilever names new CEO as big brands regroup. The Wall Street Journal
- Marriott reports 500 million customer accounts were hacked. The Wall Street Journal
- Microsoft worth as much as Apple. The New York Times
- Abercrombie & Fitch stores after earnings smasher. Seeking Alpha
- J.Crew to close two of its brands even as it returns to positive sales growth. Fashionista
- Patagonia donates $10M tax break to non-profit environmental groups. CNBC
- The Amazon warehouse comes to Soho. The New York Times
- Netflix, Prime and Blue Apron: How subscription businesses are taking over. Fast Company
Marketing + Social Media
- Marketing through smart speakers? Brands don’t need to be asked twice. The New York Times
- Retailers test Facebook-style shopper profiles to battle Amazon. AdAge
- Samsung overtakes P&G as world’s largest advertiser. AdAge
- Intel guts its high-profile internal agency. AdAge
- Amazon emerges as an advertising giant. The Wall Street Journal
- Amazon Teen targets kids on Snapchat. Fast Company
- For Birchbox and Glamsquad, it’s all about clicks and mortar. Fortune
- Apple launches online store with 10% discount for active military and veterans. TechCrunch
- DTC brand Parachute plans to have 20 retail stores by 2020. Digiday
- How this 7-year-old made $22M playing with toys. Forbes
- YouTube rolls out Stories to creators with over 10K subscribers. TechCrunch
- Amazon is letting Apple Musica onto its Alexa speakers. AdAge
- Facebook adds free TV shows to redefine Watch. TechCrunch
Startup + Emerging Tech + Acquisitions
- L’oreal’s Modifiche brings AR to nail care. Glossy
- Startup incubator Betaworks signs exclusive partnership with WPP’s Grey. AdWeek
- Payless opened a fake luxury store to see how much people would pay for $20 shoes. AdWeek
- YouTube lets European creators add a march store to their channels. Engadget
- This is the ultimate no-frills shopping site. Fast Company
- Bustle buys Mic. Forbes
International
- Amazon under fire in Europe as Germany adds antitrust probe. AdAge
- El Corte Ingles ties up with Alibaba. Alizila
- Toys ‘R’ Us Asia maps regional growth plan. The Wall Street Journal