Weekly Industry Brief: 2.25.2019

Hi! Here is a quick recap of industry news from the last week.  Sources are in the hyperlinked text after the headline.

Brands + Retailers

  • Target is inviting retailers to its website, taking a different approach than Walmart and Amazon to grow online.  CNBC
  • Inditex launches Pull & Bear in the US.  Bloomberg
  • StitchFix’s radical data-driven way to sell clothes ($1.2B last year) is reinventing retail.  Fast Company
  • Target is accelerating the lingerie wars with bras that cost under $22.  Business Insider 
  • PetSmart vs. Petco: a dogfight that neither one is winning.  The Wall Street Journal
  • Apple could be working with Goldman Sachs on a credit card.  TechCrunch
  • Rook on track for $1B in revenue in 2019.  TechCrunch
  • Charlotte Russe stil searching for buyer as possible liquidation looms.  The Wall Street Journal
  • What the Amazon Coat tells us about the future of shopping.  Business of Fashion 
  • Anheuser-Busch acquires its first spirits company.  Fortune
  • Home Depot among investors in same-day delivery startup, Roadie.  The Wall Street Journal
  • Remembering Karl Lagerfeld, designer who defined luxury fashion.  The New York Times

Marketing + Social Media

  • Pinterest files for IPO as battle for ad dollars continues.  AdAge
  • Nestle and Disney pull ads from YouTube over handing of videos of children.  AdAge
  • The latest Instagram influencer frontier? Medical promotions.  Vox
  • Tide announces it’ll open 2,000 laundry locations in the next two years.  AdWeek
  • Facebook grappling with employee anger over moderator conditions.  Bloomberg
  • Google-Facebook duopoly set to lose some of its share of ad spend.  AdAge
  • Ikea cleans up the River Thames to promote new store. Fast Company
  • Beauty icon Bobbi Brown reinvents herself as a health and wellness guru.  CNBC
  • Nike and Serena Williams redefine what it means to call a female athlete crazy.  AdWeek
  • Instagram is testing a donation sticker in Stories.  The Verge
  • How Kellogg’s speed team is launching brands with startup principles  AdExchanger

Startup + Emerging Tech + Acquisitions

  • Six ways AI can impact retail forecasting: hype vs. reality.  Forbes
  • Lyft filling could kick off cavalcade of high-profile tech IPOs.  AdAge
  • Galaxy Fold is here, with six cameras and two batteries for $1,980.  CNet
  • Amazon Alexa and the search for the perfect answer.  Wired

International

  • JD.com’s drones take flight to Japan in partnership with Rakuten.  TechCrunch
  • Amazon is targeting customers in Kenya who want to pay in cash.  Quartz
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