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