Weekly Industry Brief: 6.6.2017

Hi! Here are the highlights of industry news from the last week.  Sources are in the hyperlinked text after the headline.  Enjoy!

Brands and Retailers

  • Michael Kors to shut 100-125 stores. Wall Street Journal
  • Mickey Drexler to leave J.Crew. Business of Fashion
  • Lululemon to close 40 Ivivva Girls stores. Business of Fashion
  • How Soho became an experiential retail playground. Glossy
  • 12 key takeaways from Mary Meeker’s 2017 Internet Trends Report. AdAge
  • Alexa Chung launches her own fashion line. Wall Street Journal
  • Radio Shack closing 1,000 stores. USA Today
  • Amazon fights Wal-Mart for low-income shoppers. Wall Street Journal
  • Wal-Mart tries using store workers to deliver online orders. Wall Street Journal
  • Canada Goose defies brick-and-mortar gloom. Business of Fashion
  • Inside Hasbro’s digital transformation into a modern toymaker and advertiser. AdWeek
  • Some of Amazon’s own brands are becoming super popular online. Recode
  • Yoox Net-a-Porter group bans fur. Vogue
  • Iconic Parisian department store Le Bon Marche and LVMH go digital with 24 Sevres. Forbes
  • Amazon’s New York City bookstore is about your favorite things not book discovery. Forbes
  • What’s driving the billion-dollar natural beauty movement? Fast Company
  • Tommy Hilfiger is taking his see-now, buy-now spectacle to London. Fashionista
  • Lululemon gains the most in six months as sales begin to recover. Bloomberg

Marketing and Social Media

  • This Gen Z-focused publisher only uses social platforms (10 of them) and doesn’t even have a website. AdWeek
  • Pinterest raises $150M at a $12.3B valuation as it makes a full press into visual search. Techcrunch
  • Publishers are starting to see money from Facebook’s mid-roll ads. Digiday
  • Snapchat acquires location-based data company to ramp up mobile measurement. AdWeek
  • Meeker trends report points to mobile add opportunity. SeekingAlpha
  • 7 Internet trends from Mary Meeker’s 2017 report that marketers should know about. AdWeek
  • Twitter adds new features as it experiments with sponsored live video. AdWeek
  • Instagram ads can now link to brands’ messenger accounts, bots. Marketing Land

Startup and Emerging Tech

  • Siri, speakers and software: highlights from Apple’s show. New York Times
  • HomePod speaker and new iMacs: what we saw at Apple’s WWDC. New York Times
  • Apple business chat will bring customer service to the iMessage platform. Techcrunch
  • The way forward with Facebook messenger bots. Venture Beat
  • The RealReal ropes in $50M in new funding. TechCrunch
  • Sakes Fifth Avenue is turning to iMessage to bolster sales. Glossy
  • Toyota is aiming to debut a flying car by 2020. Fortune

International

  • Luxury fashion brands start to sell on China’s WeChat messaging app. Wall Street Journal
  • Aditya Birla fashion plans to trim Forever 21 to turn the label profitable. Economic Times
  • Amazon to take on Australian market. Bloomberg
  • Saudi Arabia, Bahrain, Egypt and the UAE have severed ties with Qatar. Fortune
  • Alibaba: what you should know about new retail. Seeking Alpha
  • Mary Meeker’s focus on China: the key highlights. Recode
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Weekly Industry Brief: 6.6.2016

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

Mary Meeker:

  • Mary Meeker’s 2016 internet trends report. Link
  • Mobile advertising a $22B opportunity in the US. Link
  • Internet boom times are over, says Mary Meeker. Link
  • Mary Meeker: People don’t just tolerate Snapchat ads, they play with them. Link

Brand and Retailers

  • WalMart to test last mile delivery with Uber, Lyft and Deliv. Link
  • Need Supply launches its own clothing line. Link
  • Under Armour is expanding into fashion sportswear. Link
  • Kenzo joins forces with H&M. Link
  • US and UK apparel retailers fight changing demographics. Link
  • Michael Kors shrinking its department stores business on purpose. Link
  • Salesforce to buy Demandware for $2.8B. Link
  • How AirBnB designs for every person on the planet. Link
  • Gucci partners with Conde Nast’s 23 Stories on a sponsored 4-part film directed by Gia Coppola. Link
  • Can Canada Goose come in from the cold? Link
  • High end brands are all about beauty these days. Link
  • Australian retail giant Cotton On gears up for big California expansion. Link

Marketing and Social Media

  • Outdoor “dad” brands tapping urban youth. Link
  • Retailers find success with storytelling. Link
  • With 92% of luxury retailers on WeChat, here’s how they can step up their game. Link
  • Twitter disbands commerce team, ceases product development on “buy” button. Link
  • Snapchat redesigning Discover to make it more like a newsstand. Link
  • CVS has Jimmy Kimmel to thank for move to digital receipts. Link
  • Snapchat said to have 150M daily users, surpassing Twitter. Link
  • Refinery29 launches in Germany, its first foreign language. Link
  • Twitter is inviting users to become ‘Twitter Insiders’ to help brands. Link

Start Ups

  • Meet Eponym, the eyewear startup taking on Luxottica. Link
  • Birchbox finds that cute boxes filled with makeup are not enough. Link
  • StitchFix the $250M start-up playing fashionista moneyball. Link
  • WeWork quietly opens hotel rooms in New York City. Link

International

  • Dior makes Asian ecommerce debut in South Korea. Link
  • Kors Shares Leap as Firm Buys China License for $500M. Link
  • Indian ministries divide on Apple’s retail vision. Link
  • Coach’s strong presence in China to help the company in the future. Link
  • Google is coming back to China soon. Link
  • Europe’s decision on geo-blocking and what you need to know. Link
  • Manolo Blahnik steps up in-store presence in Asia. Link
  • How New Balance ran into a wall in China. Link
  • Myntra aims to increase sales by 90% this fiscal year. Link

Mobile and Emerging Tech

  • Target to expand in-store IoT experiences. Link
  • Why China’s biggest social app has sputtered overseas. Link
  • How PayPal plans to get back on top in digital payments. Link

WEEKLY INDUSTRY BRIEF: 6.1.2015

Happy Monday and Happy June! Below is a recap of industry highlights over the last week.  Sources can be found in the hyper-linked text after the headline.

Brand/Retailer:

  • Amazon expands same-day delivery to new markets, drops price to free for orders over $35. Link
  • Leaked site reveals more info on “Shipping Pass,” Walmart’s answer to Amazon Prime. Link
  • Kors and Tiffany hit by strong dollar. Link
  • Yelp and Shoptiques link for ecommerce. Link
  • Crew is alienating its most important customers. Link
  • Gap teams up with Spring on digital pop-up shop. Link
  • Apple is working with Postmates to offer same-day delivery. Link
  • At Amazon, a rush to make speedy delivery free. Link
  • Levi’s and Google partner on “smart fabric.” Link
  • Abercrombie posts wider loss as currency hampers turnaround. Link
  • Hot Topic bid to purchase Geeknet. Link
  • Amazon is planning to add its own line of food. Link

Marketing/Social:

  • Snapchat invests in Spring to capitalize on social commerce growth. Link
  • Vox Media acquires ReCode. Link
  • New hotel concept promises socially-focused customizable spaces for global nomads. Link
  • Google says ‘buy’ button coming to online advertising service. Link
  • Bethany Mota redefines being a celebrity. Link
  • Millenials follow Uber with new fashion trading model. Link
  • Twitter opens up more user data to marketers. Link
  • Target links up with Shazam for ad scans that link to shopping. Link
  • Facebook’s instant articles speed up mobile content. Link
  • Why Instagram works better for fashion brands. Link

Start-ups:

  • Amazon puts the call out to NYC startups. Link
  • For London’s fashion start-ups, it’s being social that counts. Link
  • Snapchat CEO: we have a plan for an IPO. Link
  • George Simmer starts an Uber for Tailors. Link

International:

  • How Target’s demise in Canada could be a gain for Lowe’s. Link
  • Michael Kors to open state of the art distribution center in Europe. Link
  • Alibaba expands logistics network to power next-day grocery deliveries in more Chinese cities. Link
  • JD.com sets its sights on connected devices. Link
  • Yahoo Japan shares climb on ecommerce alliance with Alibaba. Link
  • Walmart app adds shopping options in China. Link

Mobile/Emerging Tech:

  • New Nordstrom app lets customers text with sales reps. Link
  • Barney’s launches iphone app. Link
  • What marketers should know about Google’s mobile upgrades. Link
  • Android Pay now lets you buy things with your fingerprint. Link
  • Google Play store now lets developers A/B test their app listing pages, customize their catalog. Link
  • Swatch reaffirms plans to build smartwatch with payments features. Link
  • Target wants to offer Apple Pay but focus is on chip and pin. Link
  • Piper Jaffray names virtual reality the next mega tech theme. Link
  • Google’s other mobile payments service: hands-free at McDonald’s. Link
  • Apple buys German augmented reality company Metaio. Link
  • Facebook’s Oculus snaps up advanced virtual reality startup. Link

Misc.:

  • Mary Meeker’s internet report: user growth slowing but disruption full speed ahead. Link
  • Retailers turn to innovation labs for evolution. Link
  • Apple’s Jony Ive named chief designer, gives up day-to-day role. Link
  • Jawbone sues Fitbit citing theft of trade secrets. Link