Yoox Net-A-Porter Group is expanding its focus on mobile commerce, with the eventual goal of becoming a mobile-only luxury brand, said CEO Federico Marchetti. The company has partnered with Apple TV to let iPhone and iPad users buy products that appear in its weekly digital magazine videos, and its Yoox.com app makes it easier for shoppers to find the items they seek.
Anthropologie has expanded its beauty offerings over the past year at 130 of its 200 traditional stores, and it has also started opening larger-format Anthropologie and Co. stores with in-store beauty shops. The new stores boast about 800 products, many of them from small independent brands, and the retailer also sells a larger selection online.
Microsoft has been turning its focus to cloud computing, augmented reality and artificial intelligence, leaving behind mobile phones, which CEO Satya Nadella said the company "clearly missed." Nadella has been pushing for a change in culture at Microsoft since taking over as CEO in 2014, noting that the company needs to be constantly learning, to be adding value and to be "on the hunt for the next big category."
Google Express, a two-day delivery service that lets users order from retailers including Costco, Kohl's and PetSmart, was set to roll out this week in 10 more US states including Florida. Users pay Google a $95 annual membership fee or a $4.99 fee per order for the service.
The overall smartwatch market has taken a 51.6% year-over-year plunge, and though Apple still leads the pack, the company slid from owning more than 70% of the market to 41%, according to an IDC report. Garmin gained ground in the smartwatch arena, rising from 2% last year to more than 20% this year after bolstering its portfolio.
The US Department of Homeland Security says Friday's cyberattack, which took down major sites such as Twitter, Spotify and Netflix, was carried out using internet of things devices. The breach has prompted government officials and industry insiders to call for enhanced security for IoT devices worldwide.
US consumers don't trust IoT devices, with 88 percent of individuals reporting that they believe their data is easily accessible to hackers, based on an ESET survey. Despite their concerns, these consumers don't take any specific security measures, the survey noted.
Logitech is adding voice-activated digital assistant Alexa to its Harmony Hub, which controls internet-connected devices in the home. Users will now be able to control connected TVs, lights, blinds and more with a voice command, as well as program custom commands for the home.
Samsung will launch its latest tablet, the Galaxy Tab A, on Oct. 28, with the S Pen stylus as a standard feature. The updated tablet features a larger, higher-resolution screen, 3 GB of RAM and 16 GB of storage, and the 7,300mAh battery can support up to 14 hours of continuous internet use.
Retail in Saudi Arabia is expected to start growing again next year after contracting amid slumping oil prices, Muhammad Alagil, head of retailer Jarir Marketing, said. Falling oil revenue has hit the country's coffers and spurred the government to cut spending, moves that have taken a toll on retail sales.
- Page 1