Weekly Industry Brief: 11.20.2017

Happy Black Friday Week! And Happy Thanksgiving. Hope everyone has a very successful two weeks ahead.

Here is a recap of industry from the last week. Sources can be found in the hyperlinked text after the headline.

Brands and Retailers

  • American Eagle opened a store of the future complete with free laundry and an iPad in every dressing room. Business Insider
  • Forever 21 reports payment card security breach. Reuters
  • Reformation launches very cute, very planet-friendly baby clothes. Fashionista
  • Farfetch’s revenue up 74% to last year. Fashionista 
  • Google Express lets you shop at Costco without a membership. Fast Company
  • Abercrombie & Fitch revenue up in Q3; rebranding is catching on with consumers. Fashionista
  • Gain in U.S. retail sales last month signals steady demand. Bloomberg
  • Black Friday will be the biggest mobile shopping day ever in the U.S., claims forecast. TechCrunch
  • Amazon and Whole Foods unveil new price cuts for Prime members. The Verge
  • For the first time, Calvin Klein to sell new underwear exclusively on Amazon this holiday. L2
  • Wal-Mart joins retailers planning to try out Tesla truck. Bloomberg
  • As athleisure cools, denim heats up. The Business of Fashion
  • Uber agrees to buy tens of thousands of Volvo cars for its autonomous fleet. Fast Company
  • Why this Christmas is make-or-break for Macy’s. Fortune
  • Lululemon enters footwear market with branded sneaker line. SmartBrief

Marketing and Social Media

  • Dollar Shave Club CMO thinks online estate sales are the next big thing. Ad Age
  • The real reason the incredibly boring Ikea ads are so engaging. Forbes
  • Snapchat admits it made the wrong decision on its spectacles. Tech Radar
  • YouTube partners with Ticketmaster to promote tickets for live shows below artists’ videos. Venture Beat
    Seventeen Magazine launches ‘Here,’ a community by and for LGBTQ teens.  Fashionista
  • Jay-Z’s debut album turned into an Urban Outfitters capsule collection. Mashable
  • Pinterest adds custom QR-like codes for businesses, more shoppable pins. MarketingLand
  • Instagram now lets you post Stories from the mobile web. The Verge
  • Updated Adidas shopping app is personalized to what you like. PSFK
  • Facebook’s dynamic creative can generate up to 6,250 versions of an ad. MarketingLand

Startup and Emerging Tech

  • Williams-Sonoma acquires augmented reality 3D imaging startup. Total Retail
  • AirBnB acquires ad tech startup AdBasis. TechCrunch
  • The Real Real: High-end disruptor or gateway drug to luxury? Robin Report
  • Goop for men? This new site targets the $3.8B wellness industry. Fast Company
  • MAC installs augmented reality mirrors to boost conversion s and collect data. Glossy
  • Buzzfeed bets on the future of television. Fast Company
  • StitchFix up just 1% on first day of trading, after reducing size of IPO. TechCrunch
  • Outdoor sportswear finally gets the direct to consumer treatment. Fast Company
  • Apple pushes HomePod release to early 2018. TechCrunch

International

  • Ikea counts cost of Brexit as furniture import prices soar. Bloomberg
  • China faces waste hangover after Singles Day buying binge. The Business of Fashion
  • Postmates launches in first international city: Mexico City. TechCrunch
  • Alibaba bets $2.9B that it can take on Wal-Mart in China. Bloomberg
  • Amazon brings Echo and Alexa to Canada. TechCrunch
  • Retailing in the Middle East: How to recapture profitable growth. McKinsey
  • Tencent’s profit surges 69% thanks to its thriving games business. TechCrunch
  • Forrester predicts 80% of companies will fail to comply with HDPR in 2018. Martech
  • Alibaba and Alipay: A mobile future. Seeking Alpha

 

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Weekly Industry Brief: 11.13.2017

Happy Monday! This week I have a special section of headlines about Alibaba’s Double 11/Singles Day event from the weekend.  Next week is Black Friday here in the US, which means we have one more Monday before Cyber Monday.  Cheers to a successful holiday!

As always, sources can be found in the hyperlinked text after the headline.

Alibaba’s Singles Day Event

  • Alibaba’s Singles Day racks up $8.6B in first hour. Bloomberg
  • Alibaba’s Singles Day sales smash record with $25B haul. Fortune
  • Alibaba lets AI, robots and drones do heavy lifting for Singles Day. South China Morning Post
  • Alibaba’s Singles Day sales hit record. New York Times
  • Alibaba tests 60 futuristic pop-up stores across China for Singles Day. Digiday
  • Lessons from Alibaba’s $25B shopping event. AdAge
  • Singles Day 2017 highlights Alibaba’s intent to become a global leader. Forbes
  • Alibaba and JD.com squabble over Singles Day sales calculations. Women’s Wear Daily
  • Singles Day faces fatigue in China. The Wall Street Journal
  • JD.com generated $19B in sales at its rival event. Fortune
  • Black Friday, Prime Day and Singles Day: When do people spend the most? Fortune

Brands and Retailers

  • CVS will offer next day delivery of prescriptions. New York Times
  • Amazon Cash, the service that lets you use cash to shop Amazon online, arrives at 7-Eleven. TechCrunch
  • Burberry shares are plunging as investors flee new CEO’s expensive plans. Fortune
  • Online retailers are desperate to stem a surging tide of returns. Bloomberg
  • Amazon developing a free, ad-supported version of Prime. AdAge
  • Nordstrom is launching 24/7 curbside pickup for the holidays. Fashionista
  • Victoria Beckham to collaborate with Reebok in 2018. Fashionista

Marketing and Social Media

  • How Vimeo is preparing for the future of video storytelling. Fast Company
  • Snapchat’s programmatic ads fetch $3-$8 CPMs. Digiday
  • Tencent could play a role redesigning Snapchat following $2B investment. Techcrunch
  • Instagram might let you follow hashtags. Fast Company
  • How Kith built its brand in niche streetwear. New York Times
  • Facebook relaunches Events app as Facebook Local, adds bars and food. Techcrunch
  • Spotify expands merch to beauty products, sells out tickets for Who We Be. Techcrunch
  • Women-only social club The Wing launches a bi-annual print magazine. AdWeek
  • At Tiffany, the Fifth Avenue face-lift starts at home. New York Times
  • Crew cast seven ‘real people’ in its 2017 holiday gift guide. Fashionista
  • Amazon expands its influencer program to include Twitter and Instagram, in addition to YouTube. Techcrunch

Startup and Emerging Tech

  • Music.ly, a Chinese app big in the U.S. sells for $1B. New York Times
  • Tinder wants to spice up your love life with AI and location services. Android Authority
  • Stitch Fix gets a close look from consumer VC firm ahead of IPO. Techcrunch
  • Heyday raises $3M for personalized skincare and facials. Techcrunch
  • Apple has acquired imaging sensor startup InVisage Technologies. Techcrunch
  • Voice-enabled smart speakers to reach 55% of U.S. households by 2022. Techcrunch

International

  • Costco to expand internationally; will launch in France. Bloomberg
  • Birchbox opens first UK standalone store. Vogue
  • Amazon says Australia launch imminent. Business of Fashion
  • PayPal launches domestic payments in India. Business Line

 

Weekly Industry Brief: 11.6.2017

Happy Monday! Here is a recap of industry news over the last week.  Sources can be found in the hyperlinked text after the headline.

Brands and Retailers

  • Old Navy launches kids’ ‘Super Boxes’ subscription service. WWD
  • Amazon discounts other sellers’ products as retail competition stiffens. CNBC
  • Ann Taylor launches subscription rental program. Glossy
  • Burberry’s Christopher Bailey to leave before 2019. Bloomberg
  • Century 21 launches boutique minded shop-in-shop. The New York Times
  • Target store staff can now create online orders for customers when local merchandise is unavailable. TechCrunch
  • Ralph Lauren’s retreat from discounting helps bolster profit. Bloomberg
  • Starbucks sells Tazo tea brand to Unilever. The Wall Street Journal
  • Amazon to end fresh grocery delivery service in some areas. Reuters
  • Glossier, Stitch Fix among the most disruptive companies. Retail Dive
  • Macy’s opens ‘digital playground’ at Herald Square. Retail Dive
  • Clique Media Group becomes bona fide fashion brand. Fast Company
  • Uniqlo founder thinks US needs fewer malls and more of his stores. The Wall Street Journal
  • Sears, Kmart to close more stores in 2018. USA Today

Marketing and Social Media

  • Kylie cosmetics will host pop-up shops at Topshops this holiday season. Fashionista
  • Inside the influencer prom that was the Revolve Awards. Fashionista
  • Conde Nast to shutter print edition of Teen Vogue. Fashionista
  • Ben & Jerry’s created a Facebook AR filter. AdWeek
  • Instagram is expanding shoppable photos to thousands of merchants. The Verge
  • The best rewards programs give you more than points. Racked
  • REI thinks you have better things to do than shop on Black Friday. Washington Post
  • Dolce & Gabbana is now in the pasta business. Bloomberg
  • Instagram Stories and WhatsApp Status hit 300M users, nearly 2X Snapchat. TechCrunch
  • Target offers free shipping on holiday orders. Business of Fashion

Startup and Emerging Tech

  • Microsoft thinks they can make holograms the future of retail. Wired
  • Square launches a point-of-sale payment system aimed at larger businesses. AdWeek
  • Amazon adds AR shopping feature to its iOS app. TechCrunch
  • Quip raises $10M for electric toothbrushes. TechCrunch
  • Here’s how much consumers will use voice technology in the near future. AdWeek
  • Snap acquires Metamarkets to step up its ad tech play. TechCrunch
  • Blue Apron shares trade down after disappointing earnings. TechCrunch

International

  • Alibaba profit rises on targeted use of consumer data. The Wall Street Journal
  • Google has a new plan for China – and it’s not about search. Bloomberg
  • Ikea to hire hundreds of local women for first India store. Economic Times
  • How Alibaba makes Singles’ Day appealing to luxury brands. Glossy
  • Canada’s Indigo Books plans first US store. The Star
  • Estee Lauder gains after Chinese expansions helps lift forecast. Bloomberg
  • Apple’s revenues are growing again in China. TechCrunch

Weekly Industry Brief: 10.30.2017

Happy Monday! Here is a recap of industry news over the last week. Sources are in the hyperlinked text after the headline. Cheers to a successful Q4 and holiday season ahead!

Brands and Retailers

  • Nordstrom doubles down on discount format as retail woes deepen. Bloomberg
  • Nike tells investors it will shift away from ‘mediocre’ retailers. The Wall Street Journal
  • Amazon launches Business Prime to bring quick delivery to work. Bloomberg
  • Iconic Lord & Taylor building in New York will become WeWork headquarters. The New York Times
  • Sears stops selling Whirlpool appliances. The Wall Street Journal
  • Amazon shares pass $1,000 after posting strong financials. Techcrunch
  • McDonalds rolls our successor to dollar menu as price war rages. Bloomberg
  • Louis Vuitton scours the nation for a new U.S. factory site and discovers Keene, Texas. Dallas News
  • Columbia Sportswear taps Opening Ceremony for collaborate. Women’s Wear Daily
  • American Eagle’s NYC concept lets students do laundry while shopping. Retail Dive
  • Uber has a new credit card for people who want to earn points for ride-hailing. The Verge
  • Uber will now let you add multiple stops to your route. Techcrunch
  • Preorders start for iPhone X, delivery window hits six weeks. Seeking Alpha
  • CVS said to be in talks to buy Aetna in landmark acquisition. The New York Times
  • Nike sharpens focus on women’s wear, ramps up investment in yoga. Bloomberg
  • Proenza Schouler launches a more casual, accessible second line. Fashionista
  • Nike still plans to hit $50Billion in sales by 2020. Fashionista
  • Jason Wu collaborates with tech juggernaut Stitch Fix. Elle
  • Amazons’ brick-and-mortar returns service deemed underwhelming. Business of Fashion
  • Walgreens to shutter 600 stores as part of Rite Aid deal. USA Today

Marketing and Social Media

  • Under Armour finds a remarkable new ad start in teenage refugee Olympian. AdWeek
  • Kris Wu: China’s Influencer ‘triple threat.’ Business of Fashion
  • What shoppers really want from personalized marketing. McKinsey
  • Twitter shares skyrocket after it says it might finally make money soon. Techcrunch
  • McDonald’s to review its $2B global media buying account. The Wall Street Journal
  • Millennials have fallen in love with Gucci, for now. The Wall Street Journal
  • Amazon ditched its affiliate store feature. Digiday
  • Why Snapchat spectacles failed. Techcrunch
  • Sephora cast its own store employees for its most diverse campaign yet. Racked
  • Keds found its sweet spot by partnering with female entrepreneurs. AdWeek

Startup and Emerging Tech

  • Moda Operandi launches The Platform, an incubator for emerging brands. Business of Fashion
  • Walmart is rolling out shelf-scanning robots in stores. Techcrunch
  • How chat and voice related tech is changing retailer and customer interactions. Retail Dive

International

  • India overtakes the US to become the world’s second largest smartphone market. Techcrunch
  • Martens is finding a new following in Asia. Quartz
  • Amazon takes a long view approach in India. Economic Times
  • Amazon to add seventh Canadian distribution center. CBC
  • The UK’s Marks & Spencer to start offering mortgages next year. Bloomberg
  • How Toronto became an unlikely fashion force. Glossy

Weekly Industry Brief: 10.23.2017

Here is a recap of news in the retail and ecommerce industry from the last week.  Sources are in the hyperlinked text after the headline.

Brands and Retailers

  • Venmo users can now shop online anywhere PayPal is accepted in the US. TechCrunch
  • Amazon and big apartment landlords strike deals on package delivery. The Wall Street Journal
  • Wal-Mart courts Lord & Taylor for online challenge to Amazon. The Wall Street Journal
  • Where internet orders mean real jobs, and a new life for communities. The New York Times
  • ASOS proves fast fashion isn’t cheap, sees huge growth ahead. Retail Dive
  • Target unveils climate change program. Retail Dive
  • Amazon adds apparel, shoes to ‘handcrafted’ shop. Women’s Wear Daily
  • Proenza Schouler debuts new site, powered by Farfetch. Glossy
  • ASOS’s product strategy: 5,000 new styles a week, more in-house designs. Glossy
  • How retailers use personalized prices to test what you’re willing to pay. Harvard Business Review
  • Amazon gets 238 proposals across North American for HQ2. AdAge
  • Under Armour debuts subscription service. AdAge
  • Jet.com launches its own private brand to woo millennials. Fortune
  • Target is keeping it simple for holiday season sales. Fortune
  • Tommy Hilfiger has designed a fashion line for people with disabilities. Fortune

Marketing and Social Media

  • Arianna Huffington’s new app lets you humblebrag about turning your phone off. The Verge
  • Revolve is hosting its own awards show next month. Fashionista
  • Nike is using its new digital studio to build a community of sneakerheads. TechCrunch
  • Facebook is taking aim at LinkedIn again by testing a resume feature. AdWeek
  • Vogue, Vice will team up in bid to win ad dollars. Variety
  • How BFF marketing became the MO for women’s direct to consumer brands. The Business of Fashion
  • This year’s Neiman Marcus Christmas Book gifts are on a different level. Fortune
  • Abercrombie and Fitch draws on legacy for new look. Business of Fashion
  • Facebook is now testing paywalls and subscriptions for instant articles. TechCrunch
  • Rent the Runway’s national campaign wants you to convert your closet into anything you want. AdWeek
  • Snap hit with more layoffs, plans to slow hiring in 2018. Business Insider

Startup and Emerging Tech

  • Stitch Fix files for IPO. Business of Fashion
  • Walmart sees a shopping future filled with AR, AI and chatbots. CNet
  • L’oreal to partner with Paris-based beauty start-ups. Business of Fashion
  • Intel and Amazon partner on voice recognition technology. Engadget
  • Amazon to open visually focused AI research hub in Germany. TechCrunch
  • ‘Pay with Google’ goes live. Techcrunch
  • Walmart’s Store No. 8 showcases the future of VR. Retail Dive

International

Weekly Industry Brief: 10.16.2017

Here is a recap of news in the retail and ecommerce industry from the last two weeks week.  Sources are in the hyperlinked text after the headline. (P.S. Sorry I missed you last week.  I’m back after a reallyyyyyyy awesome week of vacation in Italy.  Work/life balance, work hard/play hard, etc.!)

Brands and Retailers

  • Holiday sales forecasts are rosy, but not for all retailers. The Wall Street Journal
  • Amazon said to be testing its own delivery service. TechCrunch
  • Nordstrom no longer exploring going private. Fashionista
  • Ikea to test selling products via third-party websites. The Wall Street Journal
  • Ikea plans full-range town center showrooms. Reuters
  • S. retail sales rose 1.6% in September. The Wall Street Journal
  • Amazon welcomes teens with new parent-controlled shopping allowance. The Wall Street Journal
  • Wal-Mart plans further cost cuts as competition with Amazon intensifies. The Wall Street Journal
  • How Macy’s is turning beauty store BlueMercury into its secret weapon. Fortune
  • Amazon’s luxury retail problem. Fox Business
  • Reformation is launching a jeans line with over 40 different pieces. Bustle
  • Gucci bans fur, joining others in seeking alternatives. Reuters
  • Amazon getting into private label sportswear. Bloomberg
  • Coach changes its name to Tapestry. The Wall Street Journal
  • Frambridge teamed up for Target to bring custom framing to more people. Fast Company
  • Rent the Runway chases the fast-fashion shopper. The Wall Street Journal
  • Third Love spent a year designing a bra you can sleep in. Fast Company
  • What goes into making Everlane’s earth-friendly $68 pair of jeans. Bloomberg
  • AIM, AOL’s iconic instant messenger service is shutting down after 20 years. Recode

Marketing and Social Media

  • Instagram adds polling stickers to stories. The Verge
  • Snap blows lid on its own surprise AR announcement. Gizmodo
  • Gap is selling subscription boxes for baby clothes. CNBC
  • Snap unveils brand partnerships and context cards. Reuters

Startup and Emerging Tech

  • Net-a-porter poised to launch AI picking service. Retail Gazette
  • Alibaba to spend $15B on innovation projects with new research lab. Bloomberg
  • Apple quietly acquires computer vision startup regaind. TechCrunch
  • Amazon’s Alexa can now recognize different voices and give personalized response. The Verge
  • Manufacturers are making devices increasingly difficult for consumers to fix. The Economist

International

  • Instacart is expanding to Canada in Amazon battle. The Wall Street Journal
  • American jewelry chain Alex and Ani to open first store in the UK. Retail Gazette
  • Ikea puts Latin America, Southeast Asia markets in its sights. Bloomberg
  • Near-record crowds push Uniqlo Canada sales above expectations. Bloomberg
  • JD.com launches luxury platform. Business of Fashion
  • How China’s shopping malls survive and thrive in the ecommerce age. Forbes
  • Mango opens first store in partnership with Myntra in India. Live Mint
  • Amazon gears up for greater presence in Brazil. Bloomberg
  • Amazon to open pop-up bar in Tokyo. Retail Dive
  • Sears Canada approves plan to liquidate most of retail chain’s assets. The Wall Street Journal
  • Flipkart launches private label large appliances category. Live Mint

Weekly Industry Brief: 10.2.2017

Here is a recap of news in the retail and ecommerce industry from the last week.  Sources are in the hyperlinked text after the headline.

Brands and Retailers

  • Disney’s fix for retail slump: stream theme-park events in store. Bloomberg
  • Ford is taking on Tesla with new electric car group called Edison. Quartz
  • Wal-Mart will offer free same-day delivery in NYC. Bloomberg
  • Ikea acquires TaskRabbit. Recode
  • Jet.com will launch its own grocery line. Retail Dive
  • Forever 21 and Taco Bell team up for the next big thing in food fashion. AdAge
  • Timberland blazes a new trail in retail with two new retail concepts. Forbes
  • Starbucks closes online store to focus on in-person experience. The New York Times
  • Wal-Mart steps up efforts to reduce chemicals. Bloomberg
  • Macy’s is overhauling its rewards program to win back straying shoppers. Fortune
  • Nike de-emphasizes retailers in favor of digital sales. Bloomberg
  • Volkswagon to build electric versions of all 300 models by 2030. Bloomberg

Marketing and Social Media

  • Clinique is turning print ads into six-second videos. DigiDay
  • Twitter just doubled the character limit for tweets to 280. The Verge
  • Amazon’s Alexa pairs with Perry Ellis to help men dress. Retail Dive
  • Snapchat will put Jeff Koons’ art installations in augmented reality. The Verge
  • Facebook plans to add 1,000 moderators. Forbes
  • What Tiffany & Co. learned about mobile from watching its competitors. AdWeek
  • Brands are doing more experiential marketing. Here’s how they’re measuring whether it’s working. AdWeek
  • Google is overhauling its search engine to help paywalled new sites attract visitors. Fast Company

Startup and Emerging Tech

  • This $35 add-on will let Amazon Echos place phone calls. TechCrunch
  • A blogger’s social media idea sparks a retail revolution, and $1B in sales. CNBC
  • Shake Shack’s Danny Myer launches private equity fund. Fortune
  • Mastercard users can now browse and buy high-end home décor in virtual reality. Fortune

International

  • India’s apparel retailers build new brands for smaller markets. Financial Times
  • How Estee Lauder is making its global brand locally relevant in China. Jing Daily
  • This Middle Eastern e-Retailer is taking on Amazon. Fortune
  • France cracks down on photo-shopped bodies in Ads. AdAge
  • More luxury stores closed in China over the last year than in any other country. Jing Daily
  • Myntra to manage Espirit in India, curate 15 retail stores. Money Control
  • JD.com to help China’s offline retailers harness ecommerce to improve efficiency. South China Morning Post

Weekly Industry Brief: 9.25.2017

Happy Fall!  Getting oh-so-close to the holidays… Here is your recap of industry news from the last week.  Sources can be found in the hyperlinked texted after the headline.

Brands and Retailers

Marketing and Social Media

  • Facebook will target ads to people based on store visits, offline purchase, calls to businesses. Marketing Land
  • Halloween spending to reach record $9.1B. National Retail Federation
  • Rihanna’s Fenty line is a wake-up call for the retail industry. AdAge
  • Amazon now lets Hilton Honors members shop with points. TechCrunch
  • The Luxe Lab at Neiman Marcus signals a shift in focus for department stores. Glossy
  • Millennials are finally forming households: what it means for retailers. Forbes
  • Target is adding Pinterest’s visual search tool to its app and website. Techcrunch
  • H&M, Topshop and Forever 21 dominate fast-fashion social engagement. Retail Dive
  • Kate Spade, Man Repeller team up for leopard pop-up. WWD

Startup and Emerging Tech

  • Ikea’s new app shows the practical promise of augmented reality. Wired
  • The amazing ways Burberry is using artificial intelligence and big data to drive success. Forbes
  • Google and Levi’s ‘connected’ jacket that lets you answer calls, use maps and more is going on sale. Techcrunch
  • An online sale site caters to independent watchmakers. New York Times
  • How data is changing the very model of the modern merchandiser. Glossy
  • Walmart partners with smart lock maker to test in-home delivery of packages and groceries. TechCrunch

International

  • American Eagle Outfitters expands to India. Seeking Alpha
  • China to extend transition phase for cross-border retail. Reuters
  • Amazon investment to help India retailer add 25% more stores. Bloomberg
  • Microsoft confirms plans for a new flagship store in Regent Street opposite Apple. TechCrunch
  • Why India and China may be the solution to the world’s fast fashion crisis. Forbes

Weekly Industry Brief: 9.18.2017

Here is your recap of industry news from the last week.  Sources can be found in the hyperlinked text after the headline. Happy Monday.

Brands and Retailers

  • Wal-Mart is simplifying its sprawling US store operations. Bloomberg
  • Spring and eBay join forces to gain edge over Amazon. Glossy
  • How Kirkland Signature became one of Costco’s biggest success stores. The Wall Street Journal
  • There will be more retail stores opening than closing in 2017. Forbes
  • Neiman Marcus is shrinking the store its building in Manhattan. New York Post
  • How Nike is fighting off bots and counterfeiters. Recode
  • Toys R Us is preparing for possible bankruptcy filing. Fortune
  • Neiman Marcus is closing more than 25% of its outlet stores. Fortune
  • Topshop drops its high-priced line. Fashionista
  • Footwear retailer Aerosoles files for bankruptcy. Reuters
  • Hermes first half profit hits record levels. Business of Fashion
  • Nike introduces Flyleather, its latest ‘super material,’ Business of Fashion

Marketing and Social Media

  • Samsung is working with banks to roll out retail pop-ups. Digiday
  • Pinterest crosses 200 million monthly active users. Techcrunch
  • Lululemon woos men with first campaign. AdAge
  • Facebook moves to block ads on fake news, offensive videos. Bloomberg
  • Canada Goose rolls out direct-to-consumer strategy. AdAge
  • Marie Claire, Mastercard open pop-up store. AdAge

Startup and Emerging Tech

  • Xiaomi’s Mi Mix 2 was built with the US audience in mind. Forbes
  • Visual search products like Google Lens could revolutionize online shopping. Venture Beat
  • Samsung promises foldable phones by 2018. Mashable
  • IBM Watson-powered augmented intelligence seeks an edge in travel marketing. Skift
  • Softbank to invest in Slack. Recode
  • Two ex-Googlers want to kill your bodega. Fortune
  • Nike and the NBA unveil connected jerseys. Techcrunch
  • Nestle acquires a majority stake in Blue Bottle Coffee at a valuation north of $700M. TechCrunch

International

  • Amazon is testing one-hour delivery at London Fashion Week. Fortune
  • com and Thai retailer Central Group form $500M ecommerce joint venture. Reuters
  • Alibaba partners with New York Fashion Week to introduce designers to China. Quartz
  • Google is launching a payment service in India. Seeking Alpha
  • By going online in India, Zara can reach fashion-forward shoppers outside metros. Quartz
  • Inside Yoho! China’s streetwear empire. Business of Fashion
  • Ikea to invest 90M Euros to open first store in Slovenia. Reuters
  • New EU plan to tax digital giants. Seeking Alpha
  • Amazon plans mega-warehouse for Mexico growth spurt. Reuters

Weekly Industry Brief: 9.11.2017

Here is your recap of industry headlines from the past week.  As always, sources can be found in the hyperlinked text after the headline.

Brands and Retailers

  • Starbucks to shut down online store this Fall. Pymnts
  • Gap closing hundreds of stores in shift toward Old Navy, Athleta. Bloomberg
  • Why Amazon is targeting Europe first for its first trend-driven label. Glossy
  • Nike’s iron grip on the sneaker market is slipping. Quartz
  • WalMart and Target: Which strategy will win? Retail Dive
  • Amazon opens shop inside some Khol’s stores. Retail Dive
  • Amazon’s apparel ambitions create tough choices for brands. Retail Dive
  • Nordstrom tries on a new look: stores without merchandise. The Wall Street Journal
  • Gilt finally pivots away from flash sales. Racked
  • Amazon’s new challenge: Making two headquarters seem like one. The Wall Street Journal
  • Target slashes prices on thousands of items. Reuters
  • Equifax stock tumbles 14% after credit score hack. TechCrunch
  • Another top designer leaves J.Crew. Fortune
  • Rihanna’s new Fenty beauty line at Sephora expands her business empire. Fortune
  • Amazon’s Whole Foods price cut brings 25% jump in shoppers. AdAge
  • ASOS launches own-brand beauty line. The Independent
  • With a $1,000 price tag, Apple’s iPhone crosses a threshold. The New York Times

Marketing and Social Media

  • Coty tries Story’s boutique for hire to showcase ideas. AdAge
  • Target kicks off aggressive marketing of new brands. AdAge
  • Ad firms enlist OpenSlate to make sure ads run with ‘safe’ YouTube videos. The Wall Street Journal
  • Reebok asserts itself as a fashion force at New York Fashion Week. Fast Company
  • Facebook under scrutiny for inflated ad reach in US. CNN
  • The influence of ‘corpsumers’ who care as much about a brand’s values as its products.  AdWeek
  • Retailers add artificial intelligence to their marketing mix.  AdWeek

Startup and Emerging Tech

  • Home Depot taps up Google Home for voice ordering. Fortune
  • How Rebecca Minkoff uses technology to drive triple-digit sales growth. CNBC
  • Venmo is offering users a physical debit card. TechCrunch
  • Get ready for a new, much more powerful Apple TV. TechCrunch
  • Inside Google’s quest to reinvent chat with machine learning. Fast Company
  • How automation is creating a new breed of retail jobs. The Wall Street Journal
  • Apple aims to make augmented reality mainstream. The Wall Street Journal

International

  • Rebecca Minkoff invests in mobile payment tools like Alipay to attract global customers online. Glossy
  • New Zealand unit of TopShop placed in receivership. Business of Fashion
  • H&M to open 4 stores in India in September. Live Mint
  • Alibaba to open its first brick-and-mortar mall in China. MarketWatch
  • Blocked in China, Facebook is said to seek a Shanghai office. New York Times