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
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Weekly Industry Brief: 4.11.2016

I’m back! Sorry for the pause last week.  Here are the last two weeks of industry news from around the web. Sources can be found in the hyperlinked text after the headlines.

Brand/Retailer

  • H&M steps up ecommerce, unveils new sustainability line. Link
  • How West Elm became an unlikely incubator of independent design. Link
  • Victoria’s Secret unveils restructuring. Link
  • Lululemon is banking on menswear for long term growth. Link
  • Kit & Ace builds buzz with hotel pop-ups. Link
  • Amazon plans big push to expand Prime Now fast delivery. Link
  • Valentino offers $569M to buy Balmain. Link
  • Local delivery service Postmates launches Amazon Prime-like subscription. Link
  • Whole Foods set opening date for new ‘365’ store chain. Link
  • Uniqlo: again facing Japan’s deflating economy. Link
  • Luxury market growth will hit a low point in 2016 forecasts Bain. Link
  • Gap shares decline. Link
  • Etsy had a rough year as a public company, but it has a plan. Link
  • Clothes are now the top selling category online in the US. Link
  • Prada CEO under pressure as profit falls to five-year low. Link
  • Lululemon expands its line of exclusive, peculiar shops. Link

Marketing/Social Media

  • Instagram updates overlay for action-driving ads. Link
  • Will Restoration Hardware customers warm to loyalty program? Link
  • Instagram rolls out 60-second videos. Link
  • Facebook’s live video effort entices media companies. Link
  • WeChat advertising lessons from L’oreal Paris. Link
  • Saint Laurent deletes Instagram history to welcome new creative director. Link
  • Hypebeast files for IPO. Link
  • Victoria’s Secret turns its back on the catalog. Link
  • New Facebook rules allow publishers and celebrities to share sponsored content. Link
  • StyleHaul’s digital land grab. Link

Start Ups

  • Somewhere between granny panties and thongs, new underwear brands find fans online. Link
  • SoulCylce founders resign. Link
  • Fashion data firm, Claire, to accelerate at Rebecca Minkoff. Link

International

  • ASOS closes China business. Link
  • Banana Republic to enter India. Link
  • India sets rules for foreign ecommerce ownership. Link
  • Myntra in talks to take over Forever 21’s retail chain in India. Link
  • Amazon plans two-hour delivery in Berlin. Link
  • Amazon may violate India’s new rules on foreign ecommerce. Link
  • FedEx rebrands Bongo International as FedEx crossborder. Link

Emerging Tech/Mobile

  • Ikea tests virtual reality with new kitchen experience app. Link
  • Here’s how Nike became a platform business. Link
  • Domino’s cooks up its latest tech move: zero click ordering. Link
  • New Balance only made 44 pairs of these $400 3D-printed sneakers. Link

Weekly Industry Brief: 10.19.2015

Check out my recap of industry news from the last week.  Sources can be found in the hyperlinked text after the headline.

Brand/Retailer

  • Uber’s courier service, UberRush goes live in Chicago and San Francisco. Link
  • Kohl’s expands same-day delivery to 9 cities ahead of holiday season. Link
  • Target teams up with Who What Wear on full-fledged fashion line. Link
  • Under Armour CEO and CFO to step down. Link
  • PayPal will now pay for your return shipping. Link
  • Birchbox is launching its own makeup line. Link
  • WalMart to pour $2B into ecommerce over next two years. Link
  • Nike sets aggressive revenue target of $50B by 2020. Link
  • Nordstrom Rack is becoming a massive threat to Macy’s, Kohls, and JC Penny. Link
  • Balmain x H&M: See the full collection with prices. Link
  • Rodarte to team up with & Other Stories next Spring. Link
  • Starbucks is testing delivering coffee to office workers in the Empire State Building. Link
  • How Levi’s is fighting athleisure by reinventing denim. Link
  • Ralph Lauren opens first store in Brooklyn. Link
  • American Apparel sees bright future after bankruptcy. Link
  • Target enlists entrepreneurs to help it think outside the big box. Link

Marketing/Social

  • Survey finds teens prefer Instagram, Twitter, and Snapchat. Link
  • Facebook pushes shopping features in move toward ecommerce. Link
  • How Facebook’s Moments is solving the other people’s photos problem. Link
  • Target taps Shazam for shoppable link to TV ad campaign. Link
  • How Unilever tapped ‘I Want that Hair’ moments by aggregating blogger videos. Link
  • Facebook tests video tab, intensifying YouTube rivalry. Link
  • How the Instagram effect is changing advertising images. Link

Startup

  • Outdoor Voices, a brand for simple, cool activewear, raises $7M in funding. Link
  • How non-technology companies are trying to mimic startups by launching innovation labs. Link

International

  • H&M’s next target is the Indian middle class. Link
  • Amazon bets on Mexico. Link
  • Zalando feels growth pains as margins miss estimates. Link
  • Starbucks may be opening stores in Italy. Link

Mobile/Emerging Tech

  • Square, the mobile payments company, files for IPO. Link
  • Swatch links with China banking giants for mobile payment watch. Link
  • More brands use beacons to connect with customers real-time. Link
  • Nike debuts interactive shopping app, Tech Book. Link
  • Apple focuses on 3D Touch with new iPhone 6 ad. Link
  • Yaho offers password free log in for email. Link
  • LinkedIn revamps mobile app to boost use. Link