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