Weekly Industry Brief: 8.22.2016

I’m back! Took off last week while in San Fran for work.  Enjoy your weekly briefing of industry news. Sources can be found in the hyperlinked text after the headline.

Brand/Retailer:

  • Macy’s to close 100 stores. Link
  • Check out Apple’s new store a One World Trade Center. Link
  • How Walmart is surviving the war against Amazon and beating Target. Link
  • Coach’s transformation has taken hold with customers. Link
  • How Estee Lauder is getting millennials to buy its skincare. Link
  • Gap plans to focus on faster fashion and activewear as sales keep sliding. Link
  • Apple’s retail boss wants Apple stores to resemble ‘town squares.’ Link
  • Where we spend is upending traditional retail. Link
  • Westfield’s new World Trade Center mall puts in-store tech center stage. Link
  • How Nike is changing the world. Link
  • Gap shoppers don’t want to ‘dress normal.’ Link
  • Victoria’s Secret is getting cheaper. Link
  • Walmart announces focus on millennials in the apparel category. Link
  • Nordstrom expands Space concept to four new locations. Link
  • Nieman Marcus cuts 80 home office jobs. Link
  • US ecommerce posts its largest gain in nearly two years. Link

Marketing/Social:

  • Vfiles launches  crowd-sourced youth magazine. Link
  • Rent the Runway using Snapchat for customer service. Link
  • Instagram launches business tools to help users buy and sell. Link
  • Alibaba’s ecommerce app has a social network Facebook would love. Link
  • There’s real money in messaging, Snapchat and WeChat show. Link
  • Facebook is building its own Steam-style desktop gaming platform with Unity. Link
  • Pinterest jumps into video ads fray. Link
  • Turner and Scripps investing $45M in Refinery29. Link
  • Amazon reportedly planning a $5 per month music service for Echo owners. Link
  • For its first global campaign, Uniqlo ponders why we get dressed every day. Link
  • Jack Wills’ strategy to pay you for the catalog-perfect summer. Link

Start Up and Emerging Tech:

  • This sneakerhead made a stock exchange for shoes. Link
  • Hamlet is a new, free text messaging service allowing users to shop for home décor from the comfort of their phone. Link
  • Topshop will soon integrate electronic circuits into garments. Link
  • How a Wall Street background can help you create fashion. Link
  • The MIT lab that’s quietly pioneering fashion for everyone. Link
  • Kate Spade jumps into the connected wearables category. Link
  • This 16-year-old is making million selling rare sneakers. Link

International:

  • Amazon’s new UK distribution center to create 500 jobs in 2017. Link
  • China’s luxury lifestyles fall prey to the far east slowdown. Link
  • Alibaba’s getting more revenue outside of ecommerce. Link
  • Walmart’s Mexico unit is selling its apparel chain for $853M. Link
  • Ikea to launch ecommerce in Shanghai. Link
  • Growth in online purchases by rural Chinese outpaces that of urbanites. Link
  • China is flooding Silicon Valley with cash. Link
  • Alibaba reports growth, even as China’s economy stumbles. Link
  • Myntra buys majority stake in fashion brand. Link
  • Xiaomi’s once admired strategy for winning China’s smartphone market has backfired. Link
  • For Indian ecommerce, the choice is between discount and bleed or profit and die. Link
  • Zalando plans foreign hubs to get frocks out faster. Link

 

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Weekly Industry Brief: 11.16.2015

Happy Monday! Check out industry highlights from the last week.  Sources can be found in the hyperlinked text after the headline.

Holiday:

  • H&M to close US stores on Thanksgiving. Link
  • Target keeps Thanksgiving opening at 6pm. Link
  • Don’t expect holiday far at Nordstrom until Black Friday. Link
  • Walmart scales back on Black Friday, offers longer-term discounts. Link
  • Walmart to offer most Black Friday promotions online first. Link

Brand/Retailer:

  • Apple’s Angela Ahrendts on where the company is taking retail next. Link
  • Postmates to buy Sosh, a service for discovering local activities. Link
  • Beats music to shut down on November 30. Link
  • J.C. Penney sales beat estimates, helped by Sephora. Link
  • Rent the Runway will launch everyday fashion rentals next year. Link
  • Urban Outfitters to buy Vetri restaurants. Link
  • How Revolve Clothing took its brand global. Link
  • Marriott buying Starwood in deal valued at $12.2B. Link
  • Yoox Net-a-Porter raises savings estimates amid merger benefits. Link
  • Fossil Group to buy wearable fitness company Misfit for $260M. Link
  • Kohl’s taps Reed Krakoff for its next collaboration. Link

Marketing/Social:

  • Tumblr rolls out instant messaging on both web and mobile. Link
  • YouTube launches its long-awaited music app. Link
  • Shopify launches an Instagram for classified listings. Link
  • Oscar winning filmmaker directs a short film for Canada Goose. Link
  • Facebook launches Notify, a notifications app. Link
  • Facebook adds photo recognition to messenger. Link
  • Snapchat says it has 6 billion video views a day. Link
  • Pinterest’s new tool lets you do searches using pictures. Link

Startups:

  • You can now request an Uber through Slack. Link
  • Cola, a new start-up introduces ways to do more in text messages. Link
  • Uber signs digital mapping deal with TomTom. Link

International:

  • Macy’s joins Singles’ Day debutantes in Chinese spending spree. Link
  • China shatters online shopping records in just 12 hours on Singles’ Day. Link
  • Alibaba to invest in U.S. startups as part of expansion plan. Link
  • Amazon may export delivery lessons from India to cut costs abroad. Link
  • Spain’s Mango to shut 450 U.S. sales outlets. Link
  • Facebook restricts more content in India than anywhere else. Link

Mobile/Emerging Tech:

  • Apple, banks in talks on mobile person-to-person payment service. Link
  • Apple may be launching Venmo competitor. Link
  • LG and Google introduce a phone-free smartwatch. Link

Weekly Industry Brief: 10.5.2015

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

Brand/Retailer:

  • Walmart expands pick-up service as grocery war with Amazon intensifies. Link
  • Ralph Lauren to step down as CEO, hand reins to Old Navy executive. Link
  • Aeropostale gets listing warning from NYSE as shares fall below $1. Link
  • Amazon will now pay you to deliver packages. Link
  • Target to match online prices with online rivals. Link
  • Staples to close on Thanksgiving in sign of Black Friday retreat. Link
  • Amazon to stop selling Apple TV and Chromecast. Link
  • Apple Watch to hit Target shelves soon. Link
  • Yoox Net-a-Porter rises on trading debut. Link
  • Luxury web battle looms as LVMH, Hugo Boss develop eCommerce. Link
  • Silicon Valley’s latest threat? Under Armour. Link
  • Gap’s loss of Old Navy chief brings new storm to retailer adrift. Link
  • American Apparel filed for bankruptcy but it isn’t shutting down. Link
  • H&M’s 700-piece beauty collection is here. Link
  • Amazon picked up Conde Nast reality series the Fashion Fund. Link
  • Amazon, Google move into on-demand home services. Link
  • UPS asks people to pick up packages themselves. Link

Marketing/Social:

  • Pinterest opens API platform to all developers. Link
  • YouTube’s most native ad yet puts shoppable cards into organic videos. Link
  • Snapchat is adding more ways for advertisers to be in your silly selfies. Link
  • The buy button heads to Youtube and Twitter. Link
  • Brands woo millennials with a wink, an emoji or whatever it takes. Link
  • YouTube beats Facebook in surfacing brands’ older videos. Link
  • Pinterest gets even more shoppable. Link
  • Klout Perks quietly shuts down. Link

Startups:

  • Google acquires rich messaging startup Jibe Mobile. Link
  • Lobster, the marketplace for user generated content, strikes a deal with YouTube. Link
  • Rocket Internet startups see revenue jump, losses mount. Link

International:

  • Canada’s malls are shirking their suburban-time-waster status to become upscale destinations. Link
  • H&M to open store in Russia. Link
  • A sneak peak into H&M’s first store in India. Link
  • H&M joins Uniqlo in voicing confidence over China amid slowdown. Link
  • Facebook will provide internet in Africa from space starting in 2016. Link

Mobile/Emerging Tech:

  • Mobile sales will exceed $252B in 2020. Link
  • Why Jet.com spends 10% of its ad spend on mobile. Link
  • Philips plans to upgrade its Hue lights to Apple’s HomeKit. Link
  • Amazon makes a dash to take lead in internet of things. Link
  • Instagram took advantage of Apple’s new 3D touch. Link

Weekly Industry Brief: 6.8.2015

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

Brand/Retailer:

  • eBay Valet launches a clothing resale service focused on high-end brands. Link
  • Google launches My Account, a hub for your privacy settings. Link
  • Macy’s testing new at-home tailoring service from Men’s Warehouse founder. Link
  • College kids turn thumbs down on Michael Kors, Uggs, and Timberland. Link
  • Birchbox kicks off TV campaign, opens in Gap stores. Link
  • Hot Topic loses out to Gamestop on Geeknet acquisition. Link
  • How ASOS Magazine gets cover stars like Taylor Swift and Jennifer Lawrence. Link
  • Sweaters account for slumping sales at Vince and J.Crew. Link
  • Fabletics debuts men’s line. Link
  • Macy’s, Dormify debut back-to-school bedding collection. Link
  • Gap partners with Spring app to revive image with millennials. Link
  • Amazon is building an elite tema to enter a new market: computer games. Link
  • Google is about to make the internet way better. Link
  • Honda pumps the brakes on trying to become a media company. Link

Marketing/Social:

  • Coke’s new Twitter ads call out viewers by name. Link
  • Seven brands making genius moves in content and commerce. Link
  • Buzzfeed planning IPO. Link
  • Pinterest officially unveils buyable pins. Link
  • Coming soon: More ads on Instagram and a ‘buy’ feature on Pinterest. Link
  • Twitter taps IBM to launch a new consulting program for advertisers. Link
  • How much of a boost to celebrities give fashion campaigns? Link
  • eBay to roll out cost-per-sale ads for web merchants. Link
  • Ikea outlines major environmental investments. Link
  • CNN unveils new studio to produce content for advertisers. Link

Start-ups:

  • Latest London VC fund to focus on fashion, luxury tech. Link
  • Softbank invests $1B in Coupang, a Korean ecommerce start-up. Link
  • Pharmacy startup gets $50M in quest to build a better drugstore. Link
  • Mik Mak for iOS is a video shopping app for the Vine generation. Link

International:

  • H&M to open first store in India this fall. Link
  • New meaning for made in China. Link
  • Alibaba invests $194M into China Business News to build a financial data platform. Link
  • Yandex launches Yandex.Radio, a curated free music service for Russian users. Link
  • Saks to expand Off 5th in Canada. Link

Mobile/Emerging Tech:

  • Apple is bringing Apple Watch to stores, more countries. Link
  • Bustle looks for growth in app launch. Link
  • Facebook aims to propel video success to mobile. Link
  • Mobile ads boost physical store visits by 90 percent in first day of viewing. Link
  • Facebook launches lightweight app for emerging markets. Link
  • Microsoft purchases Wunderlist to add to its collection of productivity apps. Link
  • Apple revamps the app store’s games section with increased focus on editorial content. Link
  • Wells Fargo plans to scan your face and voice for mobile security. Link
  • European shopping app Mallzee makes US debut. Link
  • Mobile video ad spending is growing, lags desktop video. Link

Weekly Industry Brief: 5.26.2015

Hope everyone in the US enjoyed a long weekend! 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:

  • FAO Schwarz’s Manhattan store to close in July as rents rise. Link
  • Target to focus on fresh, healthy foods. Link
  • Etsy plunges 13% after reporting its first-quarter financial performance. Link
  • WordPress sets its sights on ecommerce. Link
  • Net-a-porter is still in the red but losing a lot less money. Link
  • eBay preps Amazon Prime competitor. Link
  • Kate Spade partners with startup Everpurse to sell iPhone-charging bags. Link
  • Amazon Prime Now adds local stores in Manhattan. Link
  • Gap’s brand revival may take a few more seasons. Link
  • Fast fashion has completely disrupted apparel retail. Link
  • Retailers digitize the fitting room experience. Link
  • Kohl’s to open off-price outlet. Link
  • Target goes upscale. Link
  • American Eagle launching new clothing brand to lure back teens. Link
  • Anthropologie’s dresses miss tests loyalty. Link
  • H&M to open biggest store yet in Herald Square. Link
  • Marissa Webb’s first designs for Banana Republic aren’t hitting the mark with shoppers. Link
  • Gap meets estimates as Old Navy helps prop up retailer. Link
  • Ann Inc. tops 1Q profit forecasts. Link

Marketing/Social:

  • Google adds tweets to mobile search results. Link
  • Pinterest unveils its first video-like ad and new ad pricing models. Link
  • Spotify launches video streaming. Link
  • Mondelez bets big on ecommerce with shoppable ads and ‘buy now’ buttons. Link
  • Bitly launches audience intel to give marketers more data on how content is shared. Link
  • Google’s mobile buy button is an Instant Articles for retailers. Link
  • Google wants YouTube viewers to shop while they watch. Link
  • Pinterest bolsters ads with cinematic pins. Link
  • Instagram’s cool questioned as it starts emailing users with ‘highlights.’ Link

Start-ups:

  • Flipkart is valued at $15B after latest funding. Link
  • Booze on-demand service Drizly lands $13M to expand. Link
  • Izberg marketplace turns any website into an ecommerce marketplace. Link
  • Mode Media (formerly Glam Media) raises $30M for lifestyle media publishing platform. Link
  • 6Tribes is a social networking app that wants to make tribes of ‘foodies’ and ‘coffee geeks.’ Link

International:

  • Singapore’s postal service reinvents itself for the digital age. Link
  • Expedia sells majority stake in Chinese partner eLong for $671M. Link
  • eBay plots European growth with click-and-collect expansion. Link
  • China cuts import tax on clothes and other goods. Link
  • Alibaba’s latest gambit in fighting fakes: foster local brands. Link

Mobile/Emerging Tech:

  • Messaging app Line is testing a music streaming service. Link
  • PayPal’s instant checkout now works with bigcommerce, no longer requires app. Link
  • Target will roll out RFID price tags to improve inventory management. Link
  • Fetch offers AI-powered Apple Watch app. Link
  • Apple’s new streaming service might cause delay in Apple TV launch. Link
  • Montblanc to Apple: Our Swiss smartwatch will outlast yours. Link

Misc.:

  • Conde Nast launches fellowship program in the wake of internships. Link
  • Disney’s research lab figures out how to put words in your mouth. Link