Weekly Industry Brief: 5.13.2019

Happy Monday! Here is a recap of industry news from the last week. As always, sources are in the hyperlinked text after the headline. Have a great week!

Brands + Retailers

  • Uber shares sink below $40 on second day of trading.  Bloomberg
  • Rihanna teams up with LVMH on luxury fashion label.  AdAge
  • Victoria’s Secret is ‘re-thinking’ its annual fashion show.  CNBC
  • Inside the world of liquidated Amazon merchandise.  Forbes
  • Louis Vuitton’s CEO talks about how to sustain global growth.  The Wall Street Journal
  • Luxury beauty brands makeover airport shopping.  Skift
  • Amazon offers employees $10K and 3 months’ pay to start their own delivery business.  TechCrunch
  • Walmart is opening dozens of veterinary clinics in its stores and launching an online pet pharmacy.  CNBC
  • The demand for gender-less kids apparel is on the rise.  Glossy
  • Harry’s is selling to Schick razors for $1.37B.  Forbes
  • Bitcoin comes to Whole Foods and other retailers.  Fortune
  • A wellness kitchen for dogs: Petco’s answer to Amazon and Chewy.  Fortune
  • Adobe brings new Amazon and Google integrations to Magento.  TechCrunch
  • L’Oreal debuts a personalized direct-to-consumer hair color brand.  AdWeek
  • Procter & Gamble is looking to add more direct-to-consumer brands to its roster.  Digiday
  • Inside Adidas’ sustainability ambitions.  Glossy

Marketing + Social Media

  • The app store’s #1 app, YOLO Q&A, is the Snapchat platform’s first hit.  TechCrunch
  • Google is testing shopping links under YouTube videos.  Engadget
  • This new tool helps brands make advertising more inclusive.  Fast Company
  • Instagram launches @shop account to boost interest in stoppable posts.  MarketingLand
  • Why marketers should capitalize on Pinterest influencers.  The Drum
  • Spotify tests interactive voice ads.  Mediapost
  • Facebook’s cryptocurrency project could change the commerce landscape.  Social Media Today
  • NBC leans into shoppable TV.  AdAge
  • Now you can book appointments directly through Instagram and Facebook.  Mashable
  • What Google’s bet on visual search means for advertisers.  AdAge
  • Why rewards for loyalty spenders are a hot spot for hackers.  The New York Times 

Startup + Emerging Tech + Acquisitions

  • Google launches CallJoy, a virtual customer service phone agent for small businesses.  TechCrunch
  • Apple is now deploying the first Apple Cards to employees.  Fast Company 
  • Nike is introducing a new technology all around getting the right fitting shoe.  Quartz
  • Meat replacement company Impossible Foods raises $300M.  TechCrunch

International

  • StitchFix launches in the UK.  Glossy
  • Digital-native brands for China’s Gen Z.  SCMP
  • The effect of Meghan Markle’s child on the British economy.  Forbes
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