Weekly Industry Brief: 6.24.2019

Happy first official week of Summer! Here is a quick recap of industry news in the last week.  Sources are in the hyperlinked text after the headline.

Brands + Retailers

  • Amazon launches section on site dedicated to beauty professionals.  Fast Company
  • Toys R Us will open six stores in the US this year.  Fast Company
  • Best Buy will dedicate store space to selling ‘smart’ gym equipment. Engadget
  • The newsstands of the future will have no newspapers.  The New Yorker
  • How a 90’s nostalgia trend powered the comeback of two century-old sports brands.  CNBC
  • Lululemon unveils its line of personal care products as it tries to grow beyond apparel. CNBC
  • Shopify launches fulfillment network.  CNBC
  • The boutique fitness boomL can $40 exercise classes save the American mall?  The New York Times 
  • Forget the mall, shoppers are buying Gucci’s at airports.  The Wall Street Journal 
  • Neiman Marcus rolls out Alipay nationwide in the US.  WWD
  • Lululemon men’s-only stores quietly close after short-lived runs.  Bloomberg
  • L’Oreal taps first female president to lead namesake cosmetics brand.  Fortune

Marketing + Social Media

  • Uniqlo launches TikTok’s 1st multi market brand campaign.  RetailDive
  • The art of selling scent in the internet age.  Fast Company
  • YouTube rolls out augmented reality for viewers to virtually try on makeup.  CNBC
  • Camila Coelho joins Revolve’s roster of in-house influencer labels.  Fashionista
  • Google is testing a carousel format for its text-based ads.  AdAge
  • America’s 20 hottest brands of 2019.  AdAge
  • Procter & Gamble isn’t so sure about ads anymore but has content aplenty.  AdAge
  • REI shelves catalog, will launch quarterly magazine.  AdAge
  • Millennials reportedly listen to more audio than any other generation.  AdAge
  • Facebook’s digital wallet: what it could mean for marketers.  MarketingLand
  • Farfetch is teaming up with Facebook to launch the Libra blockchain.  Glossy
  • Taco Bell’s Palm Springs hotel.  AdWeek

Startup + Emerging Tech + Acquisitions

  • Ex-Snaptchat and Quisdi execs launch Verishop to bring joy back to shopping. Forbes
  • Uber says it will start delivering fast food by drone in San Diego this summer.  The Verge
  • Apple expected to relate its first 5G iPhone next year. Business Insider 
  • Slack shares soar in first day of trading.  CBS
  • Th $6B battle over the future of weather forecasting.  Forbes

International

  • The most discussed ‘it’ fashion items for China’s youth in 2018.  Jing Daily
  • The demise of Australia’s homegrown fashion brands.  BBC
  • WeChat gains on Tmall and JD.com in China luxury battle.  The Business of Fashion
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Weekly Industry Brief: 6.17.2019

Happy Monday! Here is your weekly recap of industry news.  Sources are in the hyperlinked text after the headline.

Brands + Retailers

  • How distressed retailers stacked up in Q1 2019.  Retail Dive
  • From Olay to L’occitane, is refillable packaging the future of sustainable beauty? Vogue
  • Amazon’s US online marketshare estimate cut to 37.7% from 47%. AdAge
  • Walmart Grocery’s Amazon Prime rival costs $98/year.  Engadget
  • Fedex and Amazon cutting ties.  Motely Fool
  • Chanel’s sales surpass $11Billion.  Business of Fashion
  • Why Walmart wants to sell its own line of steaks.  CNN
  • H&M sales rise for 5th consecutive quarter.  Bloomberg
  • New York’s MTA plans retail revamp of highly trafficked subway stations.  The Wall Street Journal
  • Restoration Hardware could move some manufacturing to US.  The Wall Street Journal
  • Lululemon plans growth in new markets, product lines.  Reuters
  • Chewy.com raises $1B in IPO.  CNBC
  • Poshmark expands into home category.  Forbes

Social Media + Marketing

  • Virtual brand promoters are so lifelike, you might just believe what you see.  The New York Times
  • Amazon triples down on free video with ‘IMDb TV.’ Fast Company
  • Inside Snapchat’s new pitch to video advertisers: a penny a view.  AdAge
  • Business Insider and eMarketer combine into one intelligence company.  AdAge
  • Gen Z loves TikTok.  Can fashion brands learn to love it too?  Business of Fashion
  • Why the pixel is essential to social commerce’s success. eMarketer
  • Facebook says 140M people view its Watch video portal on a daily basis.  AdAge
  • The Pinterest Partners program added shopping speciality.  AdWeek
  • Amazon launches personalization services for marketers.  TechCrunch
  • Inside the multi-billion dollar product recommendation economy.  Business of Fashion

Start Ups, Acquisitions + Emerging Tech

  • Domino’s Pizza plans robot delivers with self-driving minivans in 2019.  Fast Company
  • Comcast unveils a remote for changing channels with your eyes.  Fast Company
  • The burgeoning field of psycho-dermatology explores the link between mental health and skin.  Fashionista
  • ASOS launches virtual AR catwalk.  Essential Retail
  • Target invests in blockchain to support its supply chain.  Forbes
  • MIT develops system to give robots more human senses.  TechCrunch

International

  • Chinese millennials are re-writing the future of the luxury brand experience.  Jing Daily
  • SoulCycle arrives in the UK.  The Guardian
  • Deliveroo pushes into UK provinces with help from Amazon.  Bloomberg
  • Farfetch launches on JD.com in China.  WWD
  • Alibaba proposes share split ahead of reported $20B Hong Kong IPO.  TechCrunch

Weekly Industry Brief: 6.10.2019

Happy Monday! Time for your weekly homework – a quick skim of industry news from the last week.  Sources are in the hyperlinked text after the headline.

Brands + Retailers

  • Retailer Revolve rides influencer wave to IPO, snags a $1.5B market cap.  Forbes
  • States prepare to launch investigations into tech giants.  The Wall Street Journal
  • A glimpse into the many subscription start-ups focusing on renting everything from clothes to furniture. The New York Times
  • Walmart will launch direct to fridge delivered in three cities.  AdAge
  • Barnes and Noble is sold to hedge fund.  The New York Times
  • Amazon reveals its latest delivery drone design.  Fortune
  • Low-income shoppers boost Target, Costco, others, report finds.  CNBC
  • Everlane says new tariffs will drive up apparel prices.  The New York Times 
  • PayPal announces new payments solution for online retailers.  RetailDive
  • Amazon’s new rewards card targets those with bad credit.  TechCrunch

Marketing + Social Media

  • How Amazon’s in-house brand business measures up against rivals.  AdAge
  • Instagram users can now add song lyrics to their stories.  Billboard
  • Facebook plans cryptocurrency debut.  TechCrunch
  • Sign in with Apple coming to iPhone apps.  CNet
  • American Eagle’s council of Gen Z teens helping shaping the future of the company.  Fast Company
  • Your Instagram feed is about to have more ads from influencers.  The New York Times 
  • Fortnite emerges as social media platform for Gen Z.  AdAge
  • DTC brands add $1.4B to TV marketplace.  AdAge
  • Pinterest, Instagram and the future of furniture retail.  Forbes
  • Levi’s creates shoppable Pride Lens with Snapchat.  AdWeek
  • Snapchat launches in-app stores for Snap influencers.  Digiday
  • How Yeti’s $300 coolers evolved into the hottest outdoor lifestyle accessory.  Fortune

Startup + Emerging Tech + Acquisitions

  • Salesforce is buying data visualization company Tableau for $15.7B in all-stock deal.  TechCrunch
  • Depop just raised $62M to triple its US users.  Business Insider 
  • Peloton files to go public.  The Verge
  • Can technology keep fake handbags out of the marketplace?  Fashionista
  • Amazon launches AI-powered ‘Shazam for clothes’ fashion search.  The Verge
  • Kering uses AI to keep up with growth.  AdAge

International

  • WeChat’s new social commerce feature.  Jing Daily
  • Amazon invetes $404M Indian operations. TechCrunch
  • Digital retailers want a piece of India’s cashless commerce.  Bloomberg 
  • Luxury brands book bigger sales in mainland China.  Bloomberg

Weekly Industry Brief: 6.3.2019

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

Brands + Retailers

  • Sephora to close all US stores on Wednesday for Inclusion Training. Fast Company 
  • Gap stock falls the most since 2016 after weakness extends to Old Navy.  AdAge
  • Abercrombie & Fitch closing 3 flagship stores.  Forbes
  • Neiman Marcus, H&M dip their toes in fashion resale.  CNN
  • Nestle’s new plant-based burger wants in on the fake-meat market.  Fast Company
  • Amazon launches free one-day shipping on 10M items.  The Wall Street Journal
  • Walmart’s next CTO is a veteran of Amazon and Google.  AdAge
  • Ben & Jerry’s has a CBD ice cream ready to roll out when the FDA makes it legal.  Fast Company
  • Virgil Abloh’s new Nike store is a peek at the future of retail.  Fast Company
  • Bed Bath & Beyond could put some businesses up for sale. CNBC
  • What Target’s expansion of private label Goodfellow and Co means for competitors. Glossy
  • Sports Illustrated brand is bought by Authentic Brands Group.  The New York Times

Marketing + Social Media

  • What if Instagram got rid of likes?  The New York Times
  • NBCU debuts shoppable ads during the French Open.  AdWeek
  • Can J.Crew find itself – and its customers – again? Vanity Fair
  • Facebook introduces Avatars, its Bitmoji competitor.  TechCrunch
  • Inside ShopBop’s largest influencer campaign to date.  Glossy
  • How to use catalogues in a digital age.  The Business of Fashion
  • Millennials and Gen-Z are transforming the luxury market.  Forbes
  • Ikea recreated the sets from The Simpsons and Friends.  Fast Company
  • How music starts became fashion’s most bankable collaborators.  Vogue
  • YouTube is targeting direct-to-consumer brands with a ‘DTC council.’ Digiday
  • How Walmart is going after brands like Kellogg’s for retail ad dollars.  AdAge

Startup + Emerging Tech + Acquisitions

  • The RealReal files for IPO.  CNBC
  • Amazon buys part of ad tech company Sizmek.  CNBC
  • Fitness startup Mirror nears $300M valuation with fresh funding.  TechCrunch
  • Cookware startup Great Jones launches Potline, a text service for recipes and advise.  TechCrunch
  • Amazon reportedly in talks to buy Boost Mobile.  Wired

International

  • Ulta plans launch in Canada, its first international market entry.  Women’s Wear Daily
  • How Shiseido reaches Chinese consumers.  McKinsey
  • Payment provider Klarna to open a fashion pop-up in London.  Fashion Network
  • GDPR one year later.  Forbes