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What you missed: retail’s existential reckoning, Echo Dot is the Christmas best seller, bots on the rise

A round-up of everything you might have missed in relevant fashion business, digital comms and tech industry news over the final fortnight of 2017.

2017 was the year of retail’s existential reckoning
2017 was the year of retail’s existential reckoning

A round-up of everything you might have missed in relevant fashion business, digital comms and tech industry news over the final fortnight of 2017.


TOP STORIES
  • 2017 was the year of retail’s existential reckoning [Quartz]
  • The Echo Dot was the best-selling product on all of Amazon this holiday season [TechCrunch]
  • Bots are about to get better at customer support than humans [Wired]
  • The last days of Colette [Garage]

BUSINESS
  • Retailers feel shoppers’ Christmas cheer [WSJ]
  • Jonathan Saunders steps down from DVF role [Guardian]
  • Meet Oscar Olsson, the mind behind H&M’s new brand for millennials [TheCut]
  • Reformation raises $25 million to fuel brick-and-mortar growth [BoF]
  • Clothing companies are trashing unsold merchandise instead of donating it [TheOutline]
  • With Phoebe Philo leaving Céline, what’s next? [BoF]
  • UK cotton back in production in Manchester [BBC]

MARKETING
  • Adidas brings all-star talent and tech to the table [BrandChannel]

E-COMMERCE
  • Prada launches e-commerce platform in China [Reuters]
  • The fake news of e-commerce [Racked]
  • There’s money to be made in returning e-commerce orders [LA Times]
  • What fashion brands can learn from Nike’s first six months as an Amazon partner [Glossy]
  • E-commerce company ThredUP rolls out AI-powered ‘goody boxes’ to rival discount clothing chains [AdWeek]

STORES
  • Walmart is developing a personal-shopper service for rich moms — and a store with no cashiers [Recode]
  • Sephora mastered in-store sales by investing in data and cutting-edge technology [AdWeek]

TECHNOLOGY
  • This is Magic Leap’s mixed reality headset [Engadget]
  • If the bitcoin bubble bursts, this is what will happen next [Wired]
  • Mall of America gets high-tech with chatbot and humanoid robots [Racked]
  • Ikea is stepping into virtual reality by creating a game for new store openings [AdWeek]
  • Beauty tech made major strides in 2017, and it’s only the beginning [Fashionista]

START-UPS
  • Target to buy Shipt for $550 million in challenge to Amazon [Bloomberg]
  • Meet the nanotech scientist who used her mad skills to build a better party clutch [FastCompany]

By Rachel Arthur

Rachel Arthur is Editor-in-Chief of Current Daily, the leading news source for fashion, retail and innovation, and the co-host of its weekly Innovators podcast. She otherwise serves as Co-Founder and Chief Innovation Officer of Current Global, a transformation consultancy driving growth within fashion luxury and retail. By background she is an award-winning business journalist and consultant, contributing to titles including Wired, Forbes and Business of Fashion.