Weekly Industry Brief: 3.25.2019

Hey! Thanks for keeping up on industry news with me.  Sources are in the hyperlinked text after the headline. Have a great week!

Brands + Retailers

    • Levi’s shares rose 32% in first day.  The New York Times
    • Everything Apple announced on Monday.  Gizmodo
    • After IPO, Levi’s sets its sights on $10B.  Fortune
    • How Glossier grew into a $1B beauty business.  CNN
    • Ulta is pulling ahead of Sephora and Amazon in battle for beauty shoppers.  Forbes
    • Square takes on Shopify with new micro-merchant tools.  Fast Company
    • CVS is partnering with brands like Medterra to sell CBD products in stores.  AdWeek
    • Madewell is in growth mode. Bloomberg
    • DSW to rebrand in shift to more in-house brands.  The Wall Street Journal
    • WalMart to drop price-matching program.  Dallas News
    • Fast fashion brands have a new threat in the $24B second hand clothing market. CNBC
    • Cannabis retail is here.  RetailDive
    • Neiman Marcus plants its flag in New York’s luxury battleground.  Fortune
    • Charlotte Russe to close all stores, begin liquidation.  Fortune
    • Study finds that most Amazon brands are duds, not disrupters.  Bloomberg
    • Starbucks announces trials for recyclable and compostable cups.  CNBC
    • 74% of consumers go to Amazon when they’re ready to buy something.  CNBC
    • Apple accidentally reveals iPhone upgrade.  Forbes
    • Victoria’s Secret formally returns to swimwear.  Fortune
    • Is Apple saying goodbye to fashion? The New York Times
    • Ikea enters Manhattan with small, urban format.  Curbed
    • Amazon to debut private-label skincare line.  CNBC
    • Hermes to launch skincare and makeup.  Elle

Social Media + Marketing

    • Why social commerce is becoming the ultimate form of advertising for CMO’s. Forbes
    • Pinterest steps up planning for IPO.  The Wall Street Journal
    • Apple unveils its $9.99/month news subscription service.  TechCrunch
    • Snapchat’s private ad market thrills brands but not publishers.  AdAge
    • Amazon is blocking ads for products that lose money.  Fast Company
    • Mobile ads trigger quicker recall, action than you might think.  The Wall Street Journal
    • Ahead of Apple’s video launch, YouTube pulls the plug on its Hollywood dreams. Fast Company
    • Pinterest and Airbnb team up on a Spring and Summer travel guide.  AdWeek
    • Warner Bro’s and Snapchat create first-ever voice-activated AR lens. AdWeek
    • Snapchat inks Foursquare deal to make ads even more targeted.  Inc

Start up + Acquisitions + Emerging Tech

    • Rent the Runway’s new funding round values the company at $1B.  The New York Times
    • McDonald’s bets big on big data with $300M acquisition.  Wired
    • Estee Lauder bets on tech innovation for future growth.  The Wall Street Journal
    • Walmart is using its money-losing personal shopping service start up, Jet Black, to develop AI to compete with Amazon.  The Wall Street Journal
    • Nars bets on virtual try-ons to fuel the in-store experience.  Glossy
    • Robinhood acquires financial newsletter MarketSnacks.  Fortune

International 

    • Uber will reportedly buy its Middle Easter rival, Careem for $3.1B.  Fast Company
    • How Sotheby’s is curating luxury experiences for millennials in Hong Kong.  Jing Daily
    • Yunji, a startup that enables social commerce via WeChat, files for $200M US IPO.  TechCrunch
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