Weekly Industry Brief: 10.15.2019

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

Brands + Retailers

  • Handbag sales reveal a major shift in where consumers are shopping.  CNBC
  • Toys ‘R’ Us taps Target to fulfill online orders.  AdAge
  • How Glossier grew from millennial catnip to billion-dollar juggernaut.  Vanity Fair 
  • LVMH bets on a mental health-focused streetwear label.  Fast Company
  • Sears, Kmart to shutter more stores by year’s end.  The Wall Street Journal
  • Amazon changes “add-on” policy to allow small-item fast delivery.  Vox
  • With new sampling program, Uniqlo takes page from DTC brands.  Modern Retail
  • Walmart subsidizing some vendors in price wars with Amazon.  AdAge
  • Target expands Goodfellow & co into razors.  Glossy
  • Why eBay, Stripe and MasterCard are bailing on Facebook’s Libra. Fast Company
  • Victoria’s Secret exec resigns as retailer trims HQ staff.  CNN
  • Best Buy promises loyalty members Black Friday price matching.  Star Tribune
  • Wegman’s fan count the days to Brooklyn store opening.  The Wall Street Journal
  • How Unilever plans to dramatically slash its use of plastic.  Fast Company 
  • Google is funding climate-change deniers.  Fast Company
  • Kith’s co-founder in final talks to buy Barneys New York.  GQ

Marketing + Social Media

  • Facebook agrees to pay advertisers $44M over inflated video stats.  AdAge
  • Google introduces price-tracking and enhanced visual search in latest ecommerce bid.  RetailDive
  • Abercrombie & Fitch focuses on mental health.  MediaPost
  • Apps hit $21.9M in global Q3 revenue.  TechCrunch
  • Instagram introduces Threads, taking on Snapchat messaging. Business of Fashion
  • Reddit strikes sharing deal with Snap.  AdAge
  • Gen Z spends more time on YouTube than Netflix.  AdWeek
  • “Aspirational realness,” the Instagram cool-girl look disguises advertising as authenticity.  Quartzy
  • Disney+ tweets full lineup of movies and shows coming to its platform.  TechCrunch
  • Are ‘closet accounts’ the future of fashion journalism?  The New York Times
  • Brands build buzz with TikTok initiatives.  Glossy
  • Amazon Music arrives on Apple TV.  TechCrunch
  • Facebook upgrades business capabilities ahead of holidays.  Social Media Today
  • Pinterest unveils mental health resources.  AdWeek
  • Amazon nibbles away at Google’s search advertising dollars.  AdAge

Startup + Emerging Tech + Acquisitions

  • Comcast and SK Telecom form joint eSports company.  ZDNet
  • Uber to acquire majority stake in grocery-delivery service CornerShop.  The Wall Street Journal
  • Amazon develops drones that won’t crash into other things.  Fortune
  • Whole Foods welcomes robotic barista.  Supermarket News
  • Dyson scraps plan for electric car.  BBC

International

  • Why luxury goods are so expensive in China.  CNBC
  • TMall is becoming luxury fashion’s online gateway to China.  Quartz
  • How China is fueling the growth of beauty brands.  CNBC
  • Nestle’s personalized vitamin-pack subscription service set to expand globally.  Forbes
  • Flipkart confirms its entering the the food retail business in India.  TechCrunch

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