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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2 thoughts on “Weekly Industry Brief: 6.24.2019

  1. jedpaulson says:

    Hey Caroline – nice newsletter as always. Do you have control over the ads, or does google think I have diabetes??

    Sent from my iPhone

    >

    Like

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